Naugatuck CT Real Estate Sales Report for March 2011
Currently in Naugatuck CT there are 177 active residential listings for sale. They range from a 1,195 square ft, 4-bedroom REO colonial, listed at $31,000 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 $215,906. The average days on market for these homes is 143 days.
In addition, there are currently 21 homes under contract in Naugatuck CT, with seven (7) having gone under contract in the month of March. The average list price for the homes under contract is $125,350 with an average days on market of 192 days.
For the month of March, there were 36 new homes listed for sale in Naugatuck CT. The average list price of the new listings available for sale in Naugatuck CT is $214,119.
In March, 15 homes closed in Naugatuck CT. They ranged from a 1,328 sq ft, 3-bedroom REO colonial which sold for $35,000 to a 2,611 sq ft 5-bedroom colonial, which sold for $340,000. The average sales price of the homes that sold was $171,003. Average DOM of 118 days.
By comparison, there were 25 closings in Naugatuck for the month of March 2010, with an average price of $175,196 and avg. days on market of 84.
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 41 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 $ 35,000 for a 1 bedroom, 578 sq ft, efficiency unit. There are 5 condos under contract in Naugatuck CT.
In the month of March, 4 condos closed in Naugatuck CT with an average price of $80,975 and an average DOM of 102.
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 March 2011
Comments(3)