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

Sherman, CT - October, 2009 Real Estate Market Report

Sherman, Connecticut Real Estate Update
October, 2009

Closed home sales in Sherman, Connecticut:

There were 3 home sales that closed in Sherman during October, 2009.

The median sales price was $1,120,000.

On average, these homes sold for 93.7% of their final list price.

Days on Market averaged 83 days of market time. (NOTE:  This is an unusually low number for days on market, due to the fact that the few homes that sold happen to sell much quicker than the market average)

This compares with 2 closed sales in October, 2008, with a median sales price of $1,002,500.

 

 Sherman CT Median Sales Prices



Currently available homes for sale in Sherman, Connecticut:

Currently, there are 42 homes for sale in Sherman, CT.
List Prices range from $159,900 for a small, bank-owned home to $2,995,000 for a spacious colonial with beach rights to Candlewood Lake.


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.

 

 

Comment balloon 0 commentsDon Fabrizio-Garcia • February 08 2010 01:08PM

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