February 2011 Real Estate Sales Report for Naugatuck CT
Currently in Naugatuck CT there are 167 active residential listings for sale. They range from a 1,035 square ft, 3-bedroom REO contemporary, 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 $214,044. The average days on market for these homes is 156 days.
In addition, there are currently 20 homes under contract in Naugatuck CT, with seven (7) having gone under contract in the month of February. The average list price for the homes under contract is $147,155 with an average days on market of 126 days.
For the month of February, there were 16 new homes listed for sale in Naugatuck CT. The average list price of the new listings available for sale in Naugatuck CT is $175,944.
In February, 19 homes closed in Naugatuck CT. They ranged from a 1,669 sq ft, 3-bedroom REO cape which sold for $80,000 to a 3,985 sq ft 4-bedroom colonial, short sale, which sold for $380,000. The average sales price of the homes that sold was $218,329. Average DOM of 153 days.
By comparison, there were 8 closings in Naugatuck for the month of February 2010, with an average price of $157,663 and avg. days on market of 59.
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.
There are currently 37 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 $ 49,900 for a 2 bedroom, 1,072 sq ft, REO town house property. There are 2 condos under contract in Naugatuck CT.
In the month of February, 2 condos closed in Naugatuck CT with an average price of $121,200 and an average DOM of 291.
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.
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