NAUGATUCK CT-REAL ESTATE MARKET REPORT for DECEMBER 2013
What does the real estate market look like in Naugatuck, CT? Well, the market closes out 2013 below expectations, with average sale prices slightly lower than what they were last year. However, the volume of sales and pending prices are remaining steady, so there still remains a good chance that future home sale prices will not drop significantly as we enter the new year.
There are 133 Naugatuck CT homes for sale, with an average listing price of $197,767, and a median listing price of $179,950.
There are 42 pending sales (under contract), with an average asking price of $167,546 and a median asking price of $159,900.
23 homes were sold in Naugatuck CT in the month of December, with an average sales price of $151,852 and a median sales price of $159,000. By comparison, in December 2012, 13 homes were sold in Naugatuck, with an average sale price of $156,615, and a median sale price of $140,000.
The chart below shows the difference between the listing and sales prices for the homes sold in December, 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.
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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.
Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group
Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)
Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling - in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston