Fab Real Estate Blog: Sherman, CT - June, 2007 Real Estate Market Report

Sherman, CT - June, 2007 Real Estate Market Report

Sherman, Connecticut Real Estate Update
June, 2007

Closed home sales in Sherman, Connecticut:

In June, 2007, there were 7 home sales closed in Sherman, CT.
List Prices ranged from $319,900 - $1,400,000.
Closed Sales Prices ranged from $305,000 to $1,550,000.

The average closed sales price was $676,557.  The median closed home sales price was $507,000.

On average, these homes sold for 93.5% of their final list price.
Days on Market ranged from 98 - 614 days, with the average being 236 days of market time.

This compares to 2 homes that closed sale in June, 2006.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 58 homes for sale in Sherman, CT.
List Prices range from $387,500 for a raised ranch to $3,400,000 for an 18th century colonial on 37 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
Connecticut Real Estate and Homes for Sale


Data compiled from the Consolidated MLS and believed to be accurate.

Comment balloon 0 commentsDon Fabrizio-Garcia • August 03 2007 09:16PM