Naugatuck CT-Real Estate Market Report for May 2015

NAUGATUCK CT-REAL ESTATE MARKET REPORT for  MAY 2015

 

Naugatuck CT

 

What does the real estate market look like in Naugatuck, CT?The number of pending sales in Naugatuck CT is nothing short of remarkable for this time of the year, and bodes well for many home sellers for the upcoming summer months. Buyers are definitely looking to buy in Naugatuck, CT, and sellers are providing plenty of opportunities.

 

There are 170Naugatuck CT homes for sale, median active home for sale in Naugatuck CTwith an average listing price of $200,176, and a median listing price of $185,900.

 

 

 

 

 

 

 

median home under deposit in Naugatuck CTThere are 75 pending sales (under contract), with an average asking price of $160,976, a median asking price of $159,000, and an average of 94 days on market before receiving an offer.

 

 

 

 

 

 

 

23 homes were sold in Naugatuck CT in the month of May, with an median home sold in Naugatuck CTaverage sales price of  $157,404, a median sales price of $144,000, and an average of 108 days on market before receiving an offer. By comparison, in May 2014, 17 homes were sold in Naugatuck CT, with an average sale price of $170,782, a median sale price of $165,000, and an average of 63 days on market before receiving an offer.

 

 

 

 

 

So, what does all this mean?The fact that more less homes sold for more money and in a shorter space of time in May last year than May this year might seem puzzling, but it really all boils down to buyer perception. If buyers think that a house is worth the money, they will move on it really quickly. So sellers in Naugatuck CT should take the steps necessary to make their homes the most attractive to buyers when they list their homes to sell.

 

Go to Naugatuck CT Real Estate – Market Update to see prior Naugatuck CT market reports.

 

Looking to relocate to Naugatuck CT? Visit Looking For A Reason to Move-Destination: Naugatuck CT

 

Are you looking for a home in Naugatuck CT? Click on Naugatuck CT homes for sale to find homes for sale in your price range.

 

For more details about the Naugatuck CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Naugatuck CT homes for sale.

 

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

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