Naugatuck CT Real Estate Sales Report for May 2012
Currently in Naugatuck CT there are 180 active residential listings for sale. They range from an 980 square ft, 3-bedroom mobile home listed at $18,000 to a 15,500 square ft, 9-bedroom English Manor estate listed at $849,900. The average list price of the homes currently available for sale in Naugatuck CT is $204,963. The average days on market for these homes is 151 days.
For the month of May, there were 26 new homes listed for sale in Naugatuck CT. The average list price of the new listings available for sale in Naugatuck CT is $230,618.
In addition, there are currently 29 homes under contract in Naugatuck CT, with 7 having gone under contract in the month of May.
In May, 28 homes closed in Naugatuck CT. They ranged from a 924 sq ft, 2-bedroom mobile home which sold for $42,900 to a 2,744 sq ft 4-bedroom, colonial, which sold for $330,000. The average sales price of the homes that sold was $163,214. Average DOM of 89 days. The list price to sales price ratio for the homes sold was 92.61%.
By comparison, there were also 28 closings in Naugatuck for the month of May 2011, with an average price of $149,045 and avg. days on market of 156.
For the year 2011, the market sales or absorption rate was 17 sales per month, with an average sales value of $164,655 and average days on market of 101. The current inventory of homes is equivalent to a 10+month inventory.
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.
Naugatuck CT Real Estate Sales Report for May 2012
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