Naugatuck Ct Real Estate market Report by Dave Jones Realty, llc

Naugatuck Ct Real Estate Report

Naugatuck Ct Real Estate Market Report February 2009

The Average list price for the homes that closed in Naugatuck for February of 2008 was $235,564

The Average list price for the homes that closed in Naugatuck for February of 2009 was $219,720 (-$15,844)

The Average sale price for the homes that closed in Naugatuck for February of 2008 was $225,557

The Average sale price for the homes that closed in Naugatuck for February of 2009 was $216,960 (-$8,597)

The Average Market time for the homes that closed in Naugatuck in February of 2008 was 88 days.

The Average Market time for the homes that closed in Naugatuck February of 2009 was 139 days. (+51 days)

The Average Home Size for the homes that closed in Naugatuck for February of 2008 was 1,658

The Average Home Size for the homes that closed in Naugatuck for February of 2009 was 1,858 (+200)

The Average Selling Price per Square foot for the homes that closed in Naugatuck in February of 2008 was $136.92

The Average Selling Price per Square foot  for the homes that closed in Naugatuck February of 2009 was $106.07 (-30.85)

I think that is shown here is that people are getting a lot more realistic on pricing.  This is displayed by the Huge decrease in asking price ($15,844 decrease) but only a drop of $8,597 drop in sales price.

In February of 2009 there were 5 homes that closed within the month for Naugatuck Connecticut. This is a decrease of 12 units, as there were 17 homes that closed in February of 2008.

8 homes went under agreement in Naugatuck Ct in the month of February. The average list price of the homes that went under agreement was $169,850  The average time on the market for these Naugatuck homes were 84 days.

                                    January - December 2008 Market Statistics for Naugatuck Ct

In Naugatuck CT for the period of January to December of 2007 there were 300 properties sold.

In Naugatuck CT for the period of January to December 2008 there were 211 properties sold. (Decrease of 89 Properties)

In Naugatuck CT for the period of January to December in 2007 the average list price was $254,172 the average sale price was $245,692 and the average market time was 76 days.

In Naugatuck CT for the period of January to December in 2008 the average list price was $227,728 (-$26,444) the average sale price was $217,516 (-$28,174) and the average time on the market was 90 days.(+14 days)

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Naugatuck CT.

In comparing year over year longer term data for Naugatuck CONNECTICUT, it appears that there is still a downward trend in the average sale price for homes, as well as an increase in the days on the market for the same period in Naugatuck CT. There was also a substantial decrease in the number of properties sold in the January to December time frame in Naugatuck Ct over the past year!

Selling a home in Naugatuck Connecticut or other New Haven County towns is as always, dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Naugatuck and many other New Haven County communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Naugatuck Connecticut, it pays to have a professional on your side representing you.

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About the Author: This Naugatuck Connecticut Real Estate market report was provided by David Jones of Dave Jones Realty, llc.  Dave can be reached by email at dave@davejonesrealty.com  or by phone at 203-758-0264. Dave & Lori have helped people move in and out of Naugatuck CT and other Naugatuck Valley towns . 

Thinking of selling your home? My wife and I have a passion for Real Estate and love to share our marketing expertise! 

For Connecticut and Naugatuck CT Real Estate and homes see Naugatuck Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Central CT: Prospect, Naugatuck, Cheshire, Woodbury, Middlebury, Hamden, Waterbury, Wolcott, Torrington, West Hartford, Bethany, Beacon Falls, Terryville & Thomaston CT.

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