Naugatuck CT Real Estate Statistics for March 2021

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

What’s My Naugatuck CT Home Worth in March 2021

 

 Naugatuck CT Real Estate Statistics for March 2021 

Search for Homes in Naugatuck CT

 

Currently in Naugatuck CT there are 62 active residential listings for sale, with 29 new listings being added in March. The homes for sale in Naugatuck CT range from a 1,656 square ft, 3-bedroom colonial, listed at $184,900 to a 1,870 square ft, 4-bedroom raised ranch listed at $419,000.

The average list price of the homes currently available for sale in Naugatuck CT is $272,334. The average days on market for these homes are 66 days. In addition, there are currently 47 homes under contract in Naugatuck CT, with 18 having gone under contract in March.

Naugatuck CT Real Estate Statistics for March 2021 

In March of 2021, 25 homes closed in Naugatuck CT. They ranged from a 1,000 square ft, 4-bedroom colonial, which sold for $98,000 to a 2,335 square ft, 4-bedroom raised ranch which sold for $375,000. The average price for the homes that closed in March in Naugatuck CT was $262,900 with average days on market of 62 days.  The closed properties had a Sales price to List price ratio of 100%.

 

By comparison, there were also 23 closings in Naugatuck CT for the month of March 2020, with an average sales price of $164,474 and avg. days on market of 84.   This indicates that for March of 2021, there were the same number of homes sold as in March of 2020, and at an average price almost 37% 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.

 Naugatuck CT Real Estate Statistics for March 2021

 

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 trending higher.

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 Homes For Sale

What’s My Naugatuck CT Home Worth in March 2021

 

Posted by

 

Search for all Connecticut homes 

Subscribe

 

 

 

 

Do you know somebody who is behind on their mortgage and doesn't know what to do? I may be able to help them, especially if they are facing foreclosure!

Get Help with Short Sale in Connecticut

 

    www.ctshortsalesilva.com

 

 

 

 

Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

 

Ed Silva  Mapleridge Realty, LLC,   203-206-0754

Comments (8)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and great information in your market report for buyers and sellers in your area.  Make it a great day!

 

Apr 19, 2021 08:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Ed... calling the Naugatuck housing market "aggressive" might just be a bit of an understatment with the increase in home prices it's seeing. 37% is mind-boggling!

Apr 19, 2021 08:53 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed,

Even though we are all very aware of how hot our markets are, your perspective will really help Naugatuck buyers and sellers understand your local market stats.

Apr 19, 2021 02:02 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed even though interest rates have remained fairly stable, house prices have been going up.  Buyers need to act quickly or they will be priced out of the market.

Apr 19, 2021 04:02 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Ed,

What a great market report on Naugutuck , CT., real estate.  Wishing you a wonderful week ahead. A

Apr 19, 2021 04:21 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Naugatuck home buyers and sellers are sure to value your real estate market report, Ed.

Apr 19, 2021 05:15 PM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Anyone that is wanting to stay abreast of what is going on in Naugatuck should have your blog bookmarked!

Apr 20, 2021 05:31 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Lots of good information Ed on the Real Estate Stats for Naugatuck. Both buyers are sellers appreciate your thorough report!

Apr 20, 2021 05:54 AM