Naugatuck CT 2011 Real Estate Market Report

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956
https://activerain.com/droplet/rRN

Naugatuck CT 2011 Real Estate Market Report

 

statistics for Naugatuck CT home sales

 

In 2011, 203 homes were sold in Naugatuck CT, with an average sale price of $164,192 and an average of 101 days on market. The homes that sold ranged from a 728 sq. ft. 2 bedroom mobile home that sold for $22,000, to a 3200 sq. ft. colonial that sold for $425,000.

 

The market absorption rate for Naugatuck CT in 2011 was 16.91 homes sold per month, leaving about 11 months of inventory remaining. It is a buyer’s market in Naugatuck CT.

 

 

2011

2010

2009

2008

2007

Homes Sold

203

202

225

228

299

Av. Listing Price

173,192

190,653

192,628

233,440

252,634

Av. Sale Price

164,192

182,973

184,917

223,307

244,437

Av. DOM

101

91

86

95

83

SP/LP Ratio

94%

95%

96%

95%

97%

 

2011 continued to see values drop for homeowners in Naugatuck, but buyers continued to buy at the same pace in 2011 as they did in 2010. There was relatively little change in the average days on market and sales price/list price ratios, so homes were sold within 4 months and for within 10% of their listing prices, on average. Sellers, if you want to sell your home, you can do so at market values and within a reasonable amount of time.

 

Go to Naugatuck CT Real Estate - Market Update to see prior Naugatuck CT market reports.

 

Looking to relocate to Naugatuck CT? VisitLooking For A Reason to Move-Destination: Naugatuck CT

 

For more details about theNaugatuck CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Naugatuck CT homes for sale.

 

 

 

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

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Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

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Rainmaker
721,219
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Great info and in a concise manner.

 

GO PATS!!!

Jan 25, 2012 02:40 AM #1
Rainmaker
506,932
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

William, great job. I am noticing that our absorption rate is much lower in Lancaster County, more in the 6 month range. It seems to have stabilized, but we do have a remarkably low short sale and REO inventory.

Cal

Jan 25, 2012 09:08 AM #2
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Rainmaker
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William James Walton Sr.

Greater Waterbury Real Estate
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