NAUGATUCK CT-REAL ESTATE MARKET REPORT for JANUARY 2012
Naugatuck CT-Real Estate Market Report for January 2012 Inventory in Naugatuck CT is remaining relatively stable, with volume of sales remaining comparatively close between last month and December 2011. Average sales prices compared to December are the same, but are almost 20% lower than last year. The good news for sellers is that sales price/list price ratios are still above 90%, so if you are serious about selling your home in Naugatuck, list it at or close to market value, and you can get it sold at an acceptable price.
There are 158 Naugatuck CT homes for sale, with an average listing price of $206,241, and 186 days on market, ranging from a 924 sq. ft. 2 bedroom mobile home being offered for $18,900 to a 15188 sq. ft. 9 bedroom other style home being offered for $849,900.
Here's a breakdown of the Naugatuck CT homes for sale prices:
11 homes were sold in Naugatuck CT in the month of January. The average sale price was $146,201, had an average of 100 days on market and an average sales price/list price ratio of 94%, ranging from a 1478 sq. ft., 4 bedroom colonial that sold for $123,000 to an 1831 sq. ft., 3 bedroom raised ranch that sold for $190,000. By comparison, in January 2011, 13 homes were sold in Naugatuck, with an average sale price of $175,346 and an average of 53 days on market.
The Naugatuck CT real estate market is still in a buyer’s market with 11 months of inventory at an absorption rate of 14.5 homes being sold each month over the last 6 months with 158 homes currently on the market.
These were the 11 homes that won the Naugatuck CT real estate market homes sold contest in January:
Go to Naugatuck CT Real Estate - Market Update to see prior Naugatuck CT market reports.
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For more details about the Naugatuck 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.