Naugatuck, CT

Naugatuck CT Real Estate Sales Report for December 2011

Currently in Naugatuck CT there are 174 active residential listings for sale. They range from an 876 square ft, 1-bedroom mobile home listed at $26,900 to a 15,500 square ft, 8-bedroom English Manor estate listed at $849,900. The average list price of the homes currently available for sale in Naugatuck CT is $207,078. The average days on market for these homes is 163 days.

For the month of December, there were 19 new homes listed for sale in Naugatuck CT. The average list price of the new listings available for sale in Naugatuck CT is $174,100. In addition, there are currently 19 homes under contract in Naugatuck CT, with 6 having gone under contract in the month of December.

In December, 21 homes closed in Naugatuck CT. They ranged from a 2,885 sq ft, 3-bedroom Victorian home which sold for $250,000 to a 647 sq ft 2-bedroom ranch, which sold for $40,000. The average sales price of the homes that sold was $145,957. Average DOM of 75 days. The list price to sales price ratio for the homes sold was 93.5%.

By comparison, there were 16 closings in Naugatuck for the month of December 2010, with an average price of $184,544 and avg. days on market of 155.

For the first 11 months of 2011, the market sales or absorption rate was 17 sales per month, with an average sales value of $166,296 and average days on market of 104. The current inventory of homes is equivalent to a 10-month inventory.

There are currently 28 condos for sale Naugatuck CT. They range in price from $299,900 for an over 55 Adults only 2,030 sq ft, 2-bedroom unit to $35,700 for a 1-bedroom, 578 sq ft, ranch style efficiency unit. There are 8 condos under contract in Naugatuck CT.

In the month of December, 4 condos closed in Naugatuck CT. The average sales price for the 4 properties that closed was $97,525, with average days on market of 293.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Naugatuck CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Naugatuck CT.

Naugatuck CT Real Estate Sales Report for December 2011

Naugatuck CT 2011 Real Estate Market Report

In 2011, 203 homes were sold in Naugatuck CT, with an average sale price of $164,192 and an average of 101 days on market. The homes that sold ranged from a 728 sq. ft. 2 bedroom mobile home that sold for $22,000, to a 3200 sq. ft. colonial that sold for $425,000.

The market absorption rate for Naugatuck CT in 2011 was 16.91 homes sold per month, leaving about 11 months of inventory remaining. It is a buyer’s market in Naugatuck CT.

2011 continued to see values drop for homeowners in Naugatuck, but buyers continued to buy at the same pace in 2011 as they did in 2010. There was relatively little change in the average days on market and sales price/list price ratios, so homes were sold within 4 months and for within 10% of their listing prices, on average. Sellers, if you want to sell your home, you can do so at market values and within a reasonable amount of time.

Go to Naugatuck CT Real Estate - Market Update to see prior Naugatuck CT market reports.

Looking to relocate to Naugatuck CT? VisitLooking For A Reason to Move-Destination: Naugatuck CT

For more details about theNaugatuck CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Naugatuck CT homes for sale.

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

NAUGATUCK CT-REAL ESTATE MARKET REPORT - JANUARY 2012

Naugatuck CT-Real Estate Market Report January 2012 Inventory has returned to the same level as it was at this time last year, and average sales prices in December are lower than both last month and last year. However, more homes were sold, and at the same sales price/list price ratios, so that means that sellers who are willing to sell at market value can indeed sell their homes, and rather quickly.

The single familyNaugatuck CT homes for sale range from an 896 sq. ft. 2 bedroom mobile home being offered for $19,500 to a 15188 sq. ft. 9 bedroom other style home being offered for $849,900.

Here's a breakdown of the Naugatuck CT homes for saleprices:

You can search Naugatuck CT homes for sale by visiting William's Places!

The homes sold in Naugatuck CT in the month of December ranged from a 647 sq. ft., 1 bedroom ranch that sold for $40,000 to a 2352 sq. ft., 4 bedroom colonial that sold for $305,000.

These were the 21 homes that won the Naugatuck CT real estate market homes sold contest in December:

Go to Naugatuck CT Real Estate - Market Update to see prior Naugatuck CT market reports.

Looking to relocate to Naugatuck CT? VisitLooking For A Reason to Move-Destination: Naugatuck CT

For more details about the Naugatuck CTmarket and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Naugatuck CT homes for sale.

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

2011 Year End Real Estate Market Update for Naugatuck CT

For the year 2011 in Naugatuck CT, there were 203 residential real estate sales for an average of 16.9 sales per month. This is referred to as the absorption rate. Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market. 6 months worth of inventory is considered a balanced market. Less than 6 months is a sellers’ market and anything over 6 months is a buyers’ market.

The average value for the homes sold in Naugatuck CT for the year was $163,192 with an average days on market of 101. There are currently 171 homes actively listed for sale in Naugatuck CT, which is equivalent to a 10 month inventory is the average sales per month is consistent.

The list price ratio to sales price ratio was 94%, which indicates sellers putting the homes on the market near to fair market value, or finally getting them sold at market value.

The highest value home sold in Naugatuck CT in 2011 was a 8,568 sq ft, 8-bedroom colonial which sold for $425,000.

By comparison, for calendar year 2010, there were 202 residential real estate sales for an average of 16 sales per month, with an average sales price of $182,973 and average days on market of 91. For 2011, there was almost the same number of homes sold at a lower price in almost the same number of days on market.

The highest value home sold in Naugatuck CT in 2010 was a 2,980 sq ft, 4 bedroom colonial home which sold for $440,000.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Naugatuck CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Naugatuck CT.

2011 Year End Real Estate Market Update for Naugatuck CT

Naugatuck CT Real Estate Sales Report for November 2011

Currently in Naugatuck CT there are 177 active residential listings for sale. They range from an 896 square ft, 2-bedroom mobile home listed at $19,500 to a 15,500 square ft, 8-bedroom English Manor estate listed at $849,900. The average list price of the homes currently available for sale in Naugatuck CT is $203,845. The average days on market for these homes is 161 days.

For the month of November, there were 28 new homes listed for sale in Naugatuck CT. The average list price of the new listings available for sale in Naugatuck CT is $194,461.

In addition, there are currently 20 homes under contract in Naugatuck CT, with 6 having gone under contract in the month of November.

In November, 11 homes closed in Naugatuck CT. They ranged from a 2,580 sq ft, 3-bedroom colonial home which sold for $328,000 to a 1,408 sq ft 3-bedroom colonial, which sold for $100,000. The average sales price of the homes that sold was $192,573. Average DOM of 109 days. The list price to sales price ratio for the homes sold was 95%.

By comparison, there were 13 closings in Naugatuck for the month of November 2010, with an average price of $137,019 and avg. days on market of 53.

For the first 11 months of 2011, the market sales or absorption rate was 17 sales per month, with an average sales value of $166,296 and average days on market of 104. The current inventory of homes is equivalent to a 10-month inventory.

There are currently 29 condos for sale Naugatuck CT. They range in price from $299,900 for an over 55 Adults only 2,030 sq ft, 2-bedroom unit to $35,000 for a 1-bedroom, 578 sq ft, ranch style efficiency unit. There are 6 condos under contract in Naugatuck CT.

In the month of November, 1 condo closed in Naugatuck CT. It was a 1,056, 2 bedroom town home style unit that sold for $102,900 after 50 days on market.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Naugatuck CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Naugatuck CT.

Naugatuck CT Real Estate Sales Report for November 2011