Naugatuck CT-Real Estate Market Report for May 2015

NAUGATUCK CT-REAL ESTATE MARKET REPORT for  MAY 2015

 

 

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, with an average listing price of $200,176, and a median listing price of $185,900.

 

 

 

 

 

 

 

There 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 average 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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Naugatuck CT-Real Estate Market Report for January 2014

NAUGATUCK CT-REAL ESTATE MARKET REPORT for  January 2014

 

 

What does the real estate market look like in Naugatuck, CT?  Well, this year started off quite differently than from how last year ended, with lower average sale prices and volume than last year. The good thing about January for Naugatuck sellers is that pending prices have remained relatively constant over the past three months, so there is some hope for homeowners who are considering selling their home in the upcoming months.

 

There are 123 Naugatuck CT homes for sale, with an average listing price of $208,174, and a median listing price of $194,900.

 

 

 

 

 

 

There are 29 pending sales (under contract), with an average asking price of $165,102 and a median asking price of $149,000.

 

 

 

 

 

 

12 homes were sold in Naugatuck CTin the month of January, with an average sales price of  $137,442 and a median sales price of $128,750. By comparison, in January 2013, 19 homes were sold in Naugatuck, with an average sale price of $143,723 and median sale price of $155,000.

 

 

 

 

The chart below shows the difference between the listing and sales prices for the homes sold in January, as well as the number of days that those properties were on the market before an offer was made and accepted.

           

So, what should I take away from all of this information? Well, that depends on if you are a buyer or a seller. If you are a seller, you can see how long, on average, it will take to sell your home, the relative price ranges for homes like yours in your area, and the amount you should expect to receive for your home, provided that it is correctly priced and has gained a buyer’s interest due to its curb appeal and other factors. If  you are a buyer, this tells you how many homes there are on the market in this area and what price range the typical home in this area sells for.

 

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

 

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

 

Are you looking for a home in Naugatuck CT? Click on Naugatuck CThomes 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.