What’s My Naugatuck CT Home Worth in October 2021
Currently in Naugatuck CT there are 28 active residential listings for sale, with 5 new listings being added in October. The homes for sale in Naugatuck CT range from a 826 square ft, 2-bedroom mobile home, listed at $34,900 to a 2,460 square ft, 4-bedroom ranch listed at $589,900.
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The average list price of the homes currently available for sale in Naugatuck CT is $264,964and the average days on market for these homes are 146 days. In addition, there are currently 40 homes under pending status and 44 under hard deposit Naugatuck CT, with 30 having gone under contract in October.
In October of 2021, 40 homes closed in Naugatuck CT. They ranged from a 995 square ft, 2-bedroom bungalow, which sold for $75,600 to a 1,8756 square ft, 3-bedroom colonial which sold for $407,000. The average price for the homes that closed in October in Naugatuck CT was $257,785 with average days on market of 22 days. The closed properties had a Sales price to List price ratio of 101%.
By comparison, there were 49 closings in Naugatuck CT for the month of October 2020, with an average sales price of $223,478 and avg. days on market of 57. This indicates that for October of 2021, there were 9 less homes sold than in October of 2020, and at an average price only slightly greater in value with less days on market. This shows a tempering of the 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 slightly greater than 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 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.
What’s My Naugatuck CT Home Worth in October 2021
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