Fab Real Estate Blog: Sherman, CT - April, 2009 Real Estate Market Report

Sherman, CT - April, 2009 Real Estate Market Report

Sherman, Connecticut Real Estate Update
April, 2009

Closed home sales in Sherman, Connecticut:

There were two home sales that closed in Sherman during April, 2009.

Average and median sales price was $412,500.

This compares with 3 closed sales in April, 2008, with a median sales price of $361,000.



Currently available homes for sale in Sherman, Connecticut:

Currently, there are 58 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
Connecticut Real Estate and Homes for Sale


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



Comment balloon 2 commentsDon Fabrizio-Garcia • June 18 2009 10:05AM


It has been an eye oneper being a Trinity College student in the city ofHartford. Though I was aware that Hartford was a poor city when I firstcame here, I now understand that it is actually one of the poorest cities in theUnited States. In 1876, Hartford was named as one of the wealthiest cities in the country (including corporate wealth), and had a very high home value index in the early 1900?s. The visual image of the home value index in the Hartford region shows how drastic the change was. It would be good to see the comparable recent wealth scale including corporate wealth, since significant industries are located in or near Hartford.In addition, it is interesting that suburban residents are stressed about the high cost of educating the needy children in their areas. The existence of these needy children may mean that some of the poorer residents in Hartford are moving to the suburbs.
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