Fab Real Estate Blog

Danbury, Connecticut Real Estate Update
July, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 27 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $320,000. 

On average, these homes sold for 94.6% of their most recent list price.

Days on Market averaged 132 days of market time. 

This compares with 43 closed sales in July, 2008, with a median closed sales price of $358,000.

***  What is interesting to note is that of these 15% of these sales were bank-owned foreclosure homes.

Condos:
There were 36 condominium sales closed in Danbury, CT.
The median closed sales price was $250,250.
On average, these homes sold for 95.5% of their most recent list price.

This compares with 29 closed sales in July, 2008, with a median closed sales price of $275,000.

***  What is interesting to note is that of these sales, 19% were either bank-owned foreclosure homes or short sales

.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 272 single family homes for sale in Danbury, CT.
List Prices range from $89,900 for a one-bedroom ranch that needs work to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 220 condos available for sale in Danbury, CT.
List prices range from $60,000 - $739,000.

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
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
July, 2009

Closed home sales in Sherman, Connecticut:

There were 4 home sales that closed in Sherman during July, 2009.

The median sales price was $551,500.

This compares with 1 closed sales in July, 2008, with a median sales price of $409,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 71 homes for sale in Sherman, CT.
List Prices range from $275,000 for a small bungalo with beach rights to $3,199,000 for a spacious antique estate.

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 
July, 2009 

Closed home sales in New Fairfield, Connecticut:

There were 10 home sales closed in New Fairfield, CT. 

The median closed real estate sales price for New Fairfield was $334,000. 

On average, these homes sold for 93.5% of their final list price.

Days on Market averaged 134 days of market time.

This compares with 7 closed sales in July, 2008, with a median sales price of $370,750.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 152 homes for sale in New Fairfield, CT.
List Prices range from $110,000 for a small, bank-owned fixer 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

Ridgefield, Connecticut Real Estate Update 
June, 2009 

Closed home sales in Ridgefield, Connecticut: 

There were 17 home sales closed in Ridgefield, CT. 

The median closed sales price in Ridgefield was $695,000.

On average, these homes sold for 88.6% of their final list price.

Marketing time averaged 320 days on market. 

This compares with 39 closed sales in June, 2008, with a median sales price of $715,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 253 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 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 
June, 2009 

Closed home sales in Bethel, Connecticut: 

There were 9 home sales closed in Bethel, CT. 

The median closed sales price in Bethel was $378,000.

On average, these homes sold for 96.1% of their final list price.

Marketing time averaged 274 days on market. 

This compares with 13 closed sale in June, 2008, with a median sales price of $335,000.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 107 homes for sale in Bethel, CT.
List Prices range from $199,900 for a two-bedroom ranch being sold as a short sale to $1,099,000 for a large colonial on over 5 acres.

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 
June, 2009 

Closed home sales in New Milford, Connecticut: 

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

The median closed real estate sales price for single family homes in New Milford was $360,000. 
On average, these homes sold for 95.2% of their final list price. 

Days on Market averaged 238 days of market time.

This compares to 23 single family homes closed in June, 2008, with a median closed sales price of $355,000.

Condos: 
There were 7 condominium sales closed in New Milford, CT.

The median closed real estate sales price for condos in New Milford was $152,500.
On average, these homes sold for 94.6% of their list price.

This compares to 10 condos closed in June, 2008, with a median closed sales price of $151,000.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 272 single family homes for sale in New Milford, CT.
List Prices range from $100,000 for an antique colonial in need of restoration to $6,500,000 for a new home on mor ethan 75 acres.

Condos:
Currently, there are 93 condos available for sale in New Milford, CT.
List prices range from $64,900 to $539,900.

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
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
June, 2009 

Closed home sales in Brookfield, Connecticut: 

Single Family Homes: 
There were 18 single family home sales closed in Brookfield, CT.

The median closed sales price was $324,500.
On average, these homes sold for 95.8% of their final list price. 
Days on Market average 223 days of market time.

This compares to 19 closed sales in June, 2008, with a median closed sales price of $415,000.

Condos: 
There was 1 condominium sale closed in Brookfield, CT. 
The median sales price was $199,000. 


This compares to 8 closed sales in June, 2008 with a median sales price of $201,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 140 single family homes for sale in Brookfield, CT.
List Prices range from $185,000 for an antique cape to $2,495,000 for a Lake Lillinonah waterfront home.

Condos:
Currently, there are 40 condos for sale in Brookfield, CT. List prices range from $130,000 for a one-bedroom unit to $609,900 for a new unit in an active adult community.




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
June, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were37 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $315,000. 

On average, these homes sold for 95.4% of their most recent list price.

Days on Market averaged 179 days of market time. 

This compares with 36 closed sales in June, 2008, with a median closed sales price of $345,000.

***  What is interesting to note is that 27% of these sales were either bank-owned foreclosure homes or short sales - more than 1/4 of all sales in Danbury were distressed sales. 

Condos:
There were 25 condominium sales closed in Danbury, CT.
The median closed sales price was $255,900.
On average, these homes sold for 94.9% of their most recent list price.

This compares with 36 closed sales in June, 2008, with a median closed sales price of $274,625.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 271 single family homes for sale in Danbury, CT.
List Prices range from $89,900 for a small bank-owned home to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 220 condos available for sale in Danbury, CT.
List prices range from $60,000 - $739,000.

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
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
June, 2009

Closed home sales in Sherman, Connecticut:

There were 4 home sales that closed in Sherman during June, 2009.

Average and median sales price was $395,000.

On average, these homes sold for 93.9% of their final list price.

This compares with 3 closed sales in June, 2008, with a median sales price of $540,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 71 homes for sale in Sherman, CT.
List Prices range from $275,000 for a small bungalo with beach rights to $3,199,000 for a spacious antique estate.

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.