Naugatuck CT Real Estate Sales Report for June 2012

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
http://actvra.in/FzD

Naugatuck CT Real Estate Sales Report for June 2012

 

 Naugatuck CT Town Hall

 

Currently in Naugatuck CT there are 183 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 $207,874. The average days on market for these homes is 154 days.

 

 Naugatuck CT June 2012 Mid Value Act

 

For the month of June, 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 $184,212.  In addition, there are currently 33 homes under contract in Naugatuck CT, with 6 having gone under contract in the month of June.

 

Naugatuck CT June 2012 Mid Value Sold 

 

In June, 18 homes closed in Naugatuck CT. They ranged from a 924 sq ft, 2-bedroom mobile home which sold for $25,000 to a 2,580 sq ft 3-bedroom, colonial, which sold for $300,000. The average sales price of the homes that sold was $166,383.  Average DOM of 131 days. The list price to sales price ratio for the homes sold was 96%.

 

 

 

 

By comparison, there were 19 closings in Naugatuck for the month of June 2011, with an average price of $166,112 and avg. days on market of 84.

 

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.

 

Naugatuck CT Mid Value Sold 18 months

 

 

For the first 6 months of 2012, the market sales or absorption rate was 19 sales per month, with an average sales value of $152,122 and average days on market of 109. The current inventory of homes is equivalent to a 9+month inventory.

 Naugatcuk CT sales Comparison

By comparison to 2011, the current market is selling at a similar number of homes per month, but the values are averaging almost 8% less than 2011 with longer days on market. The current market is still a very strong buyer’s market. Yet, in looking at the graph for the last 18 months of sales in Naugatuck CT, it would demonstrate that the market has stabilized in price and hopefully will see an upswing in the second half of 2012.  

 

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 June 2012

 

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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  RE/MAX Professionals,  www.edwardsilva.com  203-206-0754

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Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - Middletown, CT
Your Connecticut Mortgage Expert

Ed, that is almost a flat line on that chart, hopefully it will start to show upward movement in the future.

Jul 28, 2012 03:29 PM #1
Rainmaker
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Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Ed  ~  Very nice report on  Naugatuck CT... I'm with George and hope that you are on the road to recovery.

 

Jul 28, 2012 06:15 PM #2
Rainmaker
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Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Ed.   You market report for Naugatuck CT really draws a complete picture of the market there and is good info for anyone looking to buy or sell in the community. 

Jul 29, 2012 03:26 AM #3
Rainmaker
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Al & Peggy Cunningham Brokers, Brampton Ontario Homes For Sale 905-450-5500
RE/MAX Realty Services Inc. - Brampton, ON

You supply a bounty of information to digest on Naugatuck Ed! You have a handle on the market there for sure.

Jul 29, 2012 06:55 AM #4
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise in NE Philadelphia & Bucks County

Wonderful market report for Naugatuck Ct .You are the Neighborhood expert !

Hannah you friend in Philly

Jul 29, 2012 06:36 PM #5
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

George, the Naugatuck CT market is definitely in a stable position and pricing is key to a successful sale.

Joan, we do hope that the Naugatuck CT market starts to show a rebound soon. BTW nice new photo

Carol Anne, good or bad the facts are there for all to discern to their advantage.

Al & Peggy, thanks you. We are in the information business for sure and interpretation is a necessary aprt of it as well.

Hannah, thank you

 

Jul 30, 2012 08:04 AM #6
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