December 2010 Real Estate Sales Report for Naugatuck CT

December 2010 Real Estate Sales Report for Naugatuck CT

Currently in Naugatuck CT there are 169 active residential listings for sale. They range from a 924 square ft, 2 bedroom mobile home, listed at $24,900 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 $207,483. The average days on market for these homes is 153 days.

For the month of December, there were 22 new homes listed for sale in Naugatuck CT.  The average list price of the new listings available for sale in Naugatuck CT is $201,968.

In addition, there are currently 22 homes under contract in Naugatuck CT, with twelve (12) having gone under contract in the month of December. The average list price for the homes under contract is $203,593 with an average days on market of 109 days.

In December, 15 homes closed in Naugatuck CT. They ranged from a 1,177 sq ft, 2-bedroom Cape style home which sold for $90,000 to a 2,663 sq ft 4-bedroom colonial which sold for $335,000. The average sales price of the homes that sold was $198,800.  Average DOM of 151 days.

By comparison, there were 27 closings in Naugatuck for the month of December 2009, with an average price of $203,354 and avg. days on market of 74.

For the entire year of 2010, the market sales or absorption rate was just under  17 sales per month, with an average sales value of $190,905 and average days on market of 90.

The current inventory of homes is equivalent to a 10-month inventory.

For the entire year of 2009, the market sales or absorption rate was just under 19 sales per month, with an average sales value of $192,620 and average days on market of 96.

There are currently 36 condos for sale Naugatuck CT. They range in price from $449,000 for an over 55 Adults only 2,445 sq ft, 2-bedroom unit to $ 60,000 for a 3 bedroom, 1,072 sq ft, REO town house property. There are also 3 condos under contract in Naugatuck CT.

In the month of December, 2 condos closed in Naugatuck CT with an average price of  $139,200 and an average DOM of  44.

For the year of 2010, the market sales or absorption rate was just over 5 sales per month, with an average sales value of $109,100 and an average DOM of  97.

For the year of 2009, the market sales or absorption rate was just under 6 sales per month, with an average sales value of $118,760 and average days on market of  81.

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.