Fab Real Estate Blog

Ridgefield, Connecticut Real Estate Update
December, 2008

Closed home sales in Ridgefield, Connecticut:

There were 12 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $652,500.

On average, these homes sold for 91.4% of their final list price.

Marketing time averaged 231 days on market.

This compares with 9 closed sales in December, 2007, with a median sales price of $630,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 196 homes for sale in Ridgefield, CT.
List Prices range from $260,000 for a small two-bedroom conemporary on leased land to $10,000,000 for a 16,000 square foot contemporary showpiece.

Ridgefield, Connecticut is a wonderful New England town bordering New York's Westchester County. It is popular with those commuting to lower Fairfield County, Westchester County and New York City.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

Bethel, Connecticut Real Estate Update
December, 2008

Closed home sales in Bethel, Connecticut:

There were 6 home sales closed in Bethel, CT.

The average closed sales price in Bethel was $285,216.
The median closed sales price in Bethel was $299,250.

On average, these homes sold for 93.4% of their final list price.

Marketing time averaged 164 days on market.

This compares with 8 closed sales in December, 2007, with an average sales price of $411,250 and a median sales price of $390,000.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 94 homes for sale in Bethel, CT.
List Prices range from $122,900 for a bank-owned fixer property to $950,000 for a Georgian-style colonial.

Bethel, Connecticut is a quaint New England town with a wonderful pedestrian-friendly downtown area with plenty of shops. Bethel borders Danbury to the west, Brookfield to the north and Redding to the south.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

New Milford, Connecticut Real Estate Update
December, 2008

Closed home sales in New Milford, Connecticut:

Single Family Homes:
There were 16 single family home sales closed in New Milford, CT.

The average closed real estate sales price for single family homes in New Milford was $350,986.
The median closed sales price was $347,000.
On average, these homes sold for 95% of their final list price.

Days on Market averaged 186 days of market time.

This compares to 8 single family homes closed in December, 2007, with an average closed sales price of $490,197 and a median closed sales price of $466,250.

Condos:
There were 19 condominium sales closed in New Milford, CT.

The average closed real estate sales price for condos in New Milford was $271,300.
The median closed sales price was $187,750.
On average, these homes sold for 95% of their list price.

This compares to 10 condos closed in December, 2007, with an average closed sales price of $188,440 and a median closed sales price of $152,500.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 232 single family homes for sale in New Milford, CT.
List Prices range from $133,500 for a bank-owned riverfront home to $2,295,000 for an antique home on nearly 100 acres.

Condos:
Currently, there are 53 condos available for sale in New Milford, CT.
List prices range from $87,000 for a one-bedroom unit to $539,900 for a detached unit in an active-adult community.

New Milford, Connecticut, is the southernmost town in Litchfield County and is known as The Gateway to Litchfield County. The town borders the northeastern shores of Candlewood Lake. Several lake communities surround its Candlewood Lake shores, and typically offer a private beach for residents, boat docks and other amenities. New Milford enjoys a population of about 28,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Keller Williams CT Realty
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

Brookfield, Connecticut Real Estate Update
December, 2008

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 11 single family home sales closed in Brookfield, CT.

The average closed real estate sales price for single family homes in Brookfield was $451,809.
The median closed sales price was $483,000.
On average, these homes sold for 92.7% of their final list price.
Days on Market average 303 days of market time.

This compares to 10 closed sales in December, 2007, with an average sales price of $632,350 and a median closed sales price of $578,750.

Condos:
There were 1 condominium sales closed in Brookfield, CT.
The average sales price was $180,000.
The median sales price was $180,000.
These units sold for 75% of the most recent list price.


This compares to 3 closed sales in December, 2007 with an average sales price of $205,500 and a median sales price of $192,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 107 single family homes for sale in Brookfield, CT.
List Prices range from $239,900 for a bank-owned cape to $2,345,000 for a newer Candlewood Lake waterfront home.

Condos:
Currently, there are 35 condos for sale in Brookfield, CT. List prices range from $175,000 for a newer two-bedroom, affordable-housing-designated unit to $750,000 for a newer detached 2-bedroom unit.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

Danbury, Connecticut Real Estate Update
December, 2008

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 23 single family home sales closed in Danbury, CT.

The average closed real estate sales price for single family homes in Danbury was $317,239. 
The median closed real estate sales price was $310,000.

On average, these homes sold for 93.5% of their most recent list price.
Days on Market averaged 216 days of market time. 

This compares with 31 closed sales in December, 2007, with an average closed sales price of $392,391 and a median closed sales price of $325,000.

Condos:
There were 17 condominium sales closed in Danbury, CT.
The average closed real estate sales price for condos in Danbury was $239,561.
The median closed sales price was $225,000.
On average, these homes sold for 96.8% of their most recent list price.

This compares with 23 closed sales in December, 2007, with an average closed sales price of $286,113 and a median closed sales price of $268,500.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 239 single family homes for sale in Danbury, CT.
List Prices range from $79,900 for a small cottage to $3,499,000 for a renovated 1920's colonial on nearly 9 acres.

Condos:
Currently, there are 205 condos available for sale in Danbury, CT.
List prices range from $85,000 - $759,900.

Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York.  Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut Real Estate & Appraisals
Keller Williams CT Realty
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate

Sherman, Connecticut Real Estate Update
December, 2008

Closed home sales in Sherman, Connecticut:

There were 4 home sales closed in Sherman, CT.
The average closed sales price was $729,500.
The median closed sales price was $550,000.

These homes sold, on average, for 87.3% of their most recent list price.

The average days on market was 431 days of marketing time.

This compares with 2 closed sales in December, 2007, with an average sales price of $1,235,000 and a median sales price of $1,235,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 60 homes for sale in Sherman, CT.
List Prices range from $209,900 for a bank-owned two-bedroom cape to $3,300,000 for an expansive estate on more than 24 acres.

Sherman, Connecticut is a small semi-rural community of about 4,000 residents that borders New York State to the west, New Fairfield to the south and hugs the northwestern shores of Candlewood Lake.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  The northernmost town in Fairfield County, Sherman is often cited as being the fastest growing town in Connecticut per capita, yet still retains its rural roots and charm.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

New Fairfield, Connecticut Real Estate Update
December, 2008

Closed home sales in New Fairfield, Connecticut:

There were 7 home sales closed in New Fairfield, CT.

The average closed real estate sales price for New Fairfield was $353,928.
The median closed real estate sales price for New Fairfield was $417,500.

On average, these homes sold for 93% of their final list price.

Days on Market averaged 96 days of market time.

** NOTE:  96 days on market, on average, is an incredibly low number in this market. 

This compares with 3 closed sales in December, 2007, with an average sales price of $446,666 and a median sales price of $440,000.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 94 homes for sale in New Fairfield, CT.
List Prices range from $118,000 for a small, fixer bungalo that is bank-owned to $10,000,000 for a waterfront estate on more than 40 acres.

New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to the west and Candlewood Lake to the east. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. New Fairfield enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. New Fairfield is situated just over an hour by car to Hartford, Connecticut and New York City.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale


Data compiled from the Greater Fairfield County MLS and believed to be accurate