What’s My Naugatuck CT Home Worth in March 2021
Search for Homes in Naugatuck CT
Currently in Naugatuck CT there are 62 active residential listings for sale, with 29 new listings being added in March. The homes for sale in Naugatuck CT range from a 1,656 square ft, 3-bedroom colonial, listed at $184,900 to a 1,870 square ft, 4-bedroom raised ranch listed at $419,000.
The average list price of the homes currently available for sale in Naugatuck CT is $272,334. The average days on market for these homes are 66 days. In addition, there are currently 47 homes under contract in Naugatuck CT, with 18 having gone under contract in March.
In March of 2021, 25 homes closed in Naugatuck CT. They ranged from a 1,000 square ft, 4-bedroom colonial, which sold for $98,000 to a 2,335 square ft, 4-bedroom raised ranch which sold for $375,000. The average price for the homes that closed in March in Naugatuck CT was $262,900 with average days on market of 62 days. The closed properties had a Sales price to List price ratio of 100%.
By comparison, there were also 23 closings in Naugatuck CT for the month of March 2020, with an average sales price of $164,474 and avg. days on market of 84. This indicates that for March of 2021, there were the same number of homes sold as in March of 2020, and at an average price almost 37% greater less with less days on market. This shows a very aggressive market for Naugatuck CT.
For the year 2020, the market sales or absorption rate was 37 sales per month, with an average sales value of $213,890 and an average of 66 days on market.
With this rate and the current inventory, there would be a 1+ month absorption rate, which is a strong seller's market. The Naugatuck CT real estate market is showing a positive improvement in values.
The graph demonstrates the average monthly sales value in Naugatuck CT for a 12 month span with strong fluctuations from month to month. The values in Naugatuck CT appear to be trending higher.
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.
What’s My Naugatuck CT Home Worth in March 2021
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