What’s My Naugatuck CT Home Worth in January 2021
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Currently in Naugatuck CT there are 45 active residential listings for sale, with 13 new listings being added in January. The homes for sale in Naugatuck CT range from a 1,472 square ft, 3-bedroom colonial, listed at $89,900 to a 2,672 square ft, 4-bedroom colonial listed at $385,000.
The average list price of the homes currently available for sale in Naugatuck CT is $247,667. The average days on market for these homes are 98 days. In addition, there are currently 40 homes under contract in Naugatuck CT, with 11 having gone under contract in January.
In January of 2021, 38 homes closed in Naugatuck CT. They ranged from a 1,527 square ft, 3-bedroom ranch, which sold for $88,000 to a 2,473 square ft, 4-bedroom colonial which sold for $365,000. The average price for the homes that closed in January in Naugatuck CT was $236,253 with average days on market of 35 days. The closed properties had a Sales price to List price ratio of 102%.
By comparison, there were 29 closings in Naugatuck CT for the month of January 2020, with an average sales price of $174,117 and avg. days on market of 81. This indicates that for January of 2021, there were 9 more homes sold than in January of 2020, and at an average price almost 36% greater less 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 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 still trying to stabilize.
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 evaluating your home for possible 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 January 2021
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