Fab Real Estate Blog: February 2012

Connecticut Real Estate Continuing Education Classes
Classes held in Danbury, Connecticut

Fab Real Estate School
is offering fun, lively, and interactive Continuing Education classes for Connecticut real estate agents.

Classes are only $25 each - enroll online at www.FabRealEstateSchool.com

Our current CE class schedule:

Wednesday, February 22 - 9:30am-12:30pm
CT Real Estate Agent Fiduciary Duties Review & Law Update (Mandatory Class)

Friday, February 24 - 9:30am-12:30pm
How to Value a Home (Elective Class)

Tuesday, February 28 - 5:00pm-8:00pm
CT Real Estate Agent Fiduciary Duties Review & Law Update (Mandatory Class)

Wednesday, February 29 - 9:30am-12:30pm
Working with Rentals (Elective Class)

Thursday, March 1 - 5:00pm-8:00pm
How to Value a Home (Elective Class)

Monday, March 5 - 9:30am-12:30pm
Code of Ethics (Elective class for CE, but mandatory class for all REALTOR by December 31, 2012)

All classes are offered in a fun, interactive learning environment.
Enroll online at www.FabRealEstateSchool.com and join us!

 Fab Real Estate School
100 Mill Plain Road, Suite 362A
Danbury, CT 06811

203.947.1107
 www.FabRealEstateSchool.com
 

Brookfield, Connecticut Real Estate Update
April, 2011

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 8 single family home sales closed in Brookfield, CT.

The median closed sales price was $352,500.
On average, these homes sold for 89% of their final list price.
Days on Market average 250 days of market time.

NOTE:  38% of these sales were distressed sales - either short sales or bank-owned properties.

This compares to 13 closed sales this month last year, with a median closed sales price of $338,000.

Condos:
There were 2 condominium sales closed in Brookfield, CT.
The median sales price was $242,500.


This compares to 1 closed sale this month last year, with a median sales price of $200,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 106 single family homes for sale in Brookfield, CT.
List Prices range from $190,000 for a fixer to $2,195,000 for a large waterfront home on Candlewood Lake.

Condos:
Currently, there are 34 condos for sale in Brookfield, CT. List prices range from $134,900 - $599,000.




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
Real Estate Broker
203.947-1107
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
April, 2011

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 17 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $240,000.

On average, these homes sold for 95% of their most recent list price.

Days on Market averaged 210 days of market time.

This compares with 28 closed sales this month last year, with a median closed sales price of $285,000.

***  NOTE:  21% of these sales were either short sales or bank-owned foreclosure sales.

Condos:
There were 18 condominium sales closed in Danbury, CT.
The median closed sales price was $195,000.
On average, these homes sold for 94% of their most recent list price.

This compares with 29 closed sales this month last year, with a median closed sales price of $225,000.

***  NOTE:  39% of these sales were either short sales or bank-owned foreclosure sales.

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Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 202 single family homes for sale in Danbury, CT.
List Prices range from $79,000 for a bank-owned fixer to $1,895,000 for a large Candlewood Lake waterfront home.

Condos:
Currently, there are 174 condos available for sale in Danbury, CT.
List prices range from $59,900 - $429,000.

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
Real Estate Broker
203.947-1107
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
April, 2011

Closed home sales in Sherman, Connecticut:

There were 3 home sales that closed in Sherman. 

The median sales price was $440,000.

On average, these homes sold for 91% of their final list price.

Days on Market averaged 272 days of market time.

This compares with 3 this month one year ago, with a median sales price of $350,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 82 homes for sale in Sherman, CT.
List Prices range from $119,900 for a two-bedroom fixer to $4,800,000 for a spacious Candlewood Lake waterfront colonial.

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 Broker
203.947-1107
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 
April, 2011

Closed home sales in New Fairfield, Connecticut:

There were 11 home sales closed in New Fairfield, CT.

The median closed real estate sales price for New Fairfield was $375,000.

On average, these homes sold for 88% of their final list price.

Days on Market averaged 261 days of market time.

** Only 1 of these sales were distressed sales - bank-owned properties or short sales.

This compares with 15 closed sales in this month one year ago, with a median sales price of $412,000.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 87 homes for sale in New Fairfield, CT.
List Prices range from $74,500 for a bank-owned fixer to $2,450,000 for a spacious Candlewood Lake waterfront home.

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 Broker
203.947-1107
Connecticut Real Estate and Homes for Sale

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

Redding, Connecticut Real Estate Update 
March, 2011

Closed home sales in Ridgefield, Connecticut:

There were 5 home sales closed in Redding, CT.

The median closed sales price in Redding was $280,000.

On average, these homes sold for 95% of their final list price.

Marketing time averaged 202 days on market.

NOTE:  60% of these sales were distressed sales - either short sales or bank-owned foreclosure properties.

This compares with 3 closed sales in this month last year, with a median sales price of $579,000.

Currently available homes for sale in Redding, Connecticut:

Currently, there are 86 homes for sale in Redding, CT.
List Prices range from $179,000 for a small fixer to $4,900,000 for an antique estate on 65 acres.

Redding, Connecticut is a wonderful New England town that has maintained its rural charm while becoming a popular residence of those who commute to lower Fairfield County or Westchester County and New York City.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate Broker
203.947-1107
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 
March, 2011

Closed home sales in Ridgefield, Connecticut:

There were 13 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $427,000.

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

Marketing time averaged 316 days on market.

NOTE:  38% of these sales were bank-owned foreclosure properties or short sales.

This compares with 15 closed sales in this month one year ago, with a median sales price of $678,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 206 homes for sale in Ridgefield, CT.
List Prices range from $200,000 for a short sale home to $15,000,000 for an estate home on 87 acres.

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 Broker
203.947-1107
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 
March, 2011

Closed home sales in Bethel, Connecticut:

There were 9 home sales closed in Bethel, CT.

The median closed sales price in Bethel was $325,000.

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

Marketing time averaged 329 days on market. (This is an exceptionally low average marketing time for Bethel)

NOTE:  33% of these sales were bank-owned foreclosure properties or short sales.

This compares with 9 closed sales in this month one year ago, with a median sales price of $374,000.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 86 homes for sale in Bethel, CT.
List Prices range from $145,860 for a small bank-owned home to $899,000 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 Broker
203.947-1107
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 
March, 2011

Closed home sales in New Milford, Connecticut:

Single Family Homes:
There were 13 single family home sales closed in New Milford, CT.

The median closed real estate sales price for single family homes in New Milford was $281,000.
On average, these homes sold for 98% of their final list price.

Days on Market averaged 238 days of market time.

NOTE:  38% of these closes sales were either bank-owned foreclosure sales or pre-foreclosure short sales.

This compares to 24 single family homes closed in this month last year, with a median closed sales price of $313,000.

Condos:
There were 4 condominium sales closed in New Milford, CT.

The median closed real estate sales price for condos in New Milford was $89,500.

This compares to 7 condos closed in this month last year, with a median closed sales price of $145,000.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 183 single family homes for sale in New Milford, CT.
List Prices range from $71,900 for a bank-owned fixer to $5,900,000 for am expansive home on more than 75 acres.

Condos:
Currently, there are 64 condos available for sale in New Milford, CT.
List prices range from $58,000 to $619,900.

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
Real Estate Broker
203.947-1107
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
March, 2011

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 7 single family home sales closed in Brookfield, CT.

The median closed sales price was $380,000.
On average, these homes sold for 92% of their final list price.
Days on Market average 298 days of market time.

This compares to 5 closed sales this month last year, with a median closed sales price of $400,000.

Condos:
There were 2 condominium sales closed in Brookfield, CT.
The median sales price was $193,500.


This compares to 0 closed sales this month last year, with a median sales price of $0.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 106 single family homes for sale in Brookfield, CT.
List Prices range from $190,000 for a fixer to $2,195,000 for a large waterfront home on Candlewood Lake.

Condos:
Currently, there are 34 condos for sale in Brookfield, CT. List prices range from $134,900 - $599,000.




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
Real Estate Broker
203.947-1107
Connecticut Real Estate and Homes for Sale

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

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