What’s My Naugatuck CT Home Worth in September 2021
Currently in Naugatuck CT there are 40 active residential listings for sale, with 9 new listings being added in September. The homes for sale in Naugatuck CT range from a 560 square ft, 2-bedroom mobile home, listed at $45,900 to a 2,460 square ft, 4-bedroom ranch listed at $589,900.
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The average list price of the homes currently available for sale in Naugatuck CT is $257,805. The average days on market for these homes are 103 days. In addition, there are currently 44 homes under pending status and 34 under hard deposit Naugatuck CT, with 43 having gone under contract in September.
In September of 2021, 37 homes closed in Naugatuck CT. They ranged from a 784 square ft, 2-bedroom mobile home, which sold for $39,900 to a 3,470 square ft, 5-bedroom colonial which sold for $630,000. The average price for the homes that closed in September in Naugatuck CT was $266,647 with average days on market of 31 days. The closed properties had a Sales price to List price ratio of 102%.
By comparison, there were 55 closings in Naugatuck CT for the month of September 2020, with an average sales price of $227,875 and avg. days on market of 75. This indicates that for September of 2021, there were 18 less homes sold than in September of 2020, and at an average price almost 17% greater value 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 slightly greater than 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 September 2021
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