Fab Real Estate Blog: Redding, CT - January, 2011 Real Estate Market Report

Redding, CT - January, 2011 Real Estate Market Report

Redding, Connecticut Real Estate Update 
January, 2011

 

Closed home sales in Ridgefield, Connecticut: 

There were 7 home sales closed in Redding, CT. 

The median closed sales price in Redding was $527,260.

On average, these homes sold for 94% of their final list price.

Marketing time averaged 276 days on market. 

NOTE:  14% of these sales were bank-owned foreclosure properties



This compares with 2 closed sales in this month last year, with a median sales price of $796,250.

Ridgefield CT Median Sales Prices

 

 

Currently available homes for sale in Redding, Connecticut:

Currently, there are 83 homes for sale in Redding, CT.
List Prices range from $275,000 for a small cape to $9,500,000 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.

 

 

 
Comment balloon 4 commentsDon Fabrizio-Garcia • February 25 2011 05:32PM

Comments

Ouch!! almost nine months on the market to sell a house (Marketing time averaged 276 days on market)

Posted by Roger Radcliff, AFB Specialist - Barksdale (FREEDOM REALTY) over 7 years ago

Roger - Yep.  That's our marketing time in this area.

Posted by Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate (Fab Real Estate) over 7 years ago

DON, THAT IS DREADFULL... WHICH REMINDS ME, I DON'T HAVE THOSE STATS AT THE TIP OF MY FINGERS FOR MY MARKET AREA!  I SHOULD KNOW THAT STUFF COLD!

Posted by Thomas Sweeney, GRI (Tom Sweeney Real Estate, Owner/Broker, Bossier City, LA ) over 7 years ago

These stats are not dreadful - they are what they are.
Besides, with only two sales for the month, year-over-year results can appear a bit skewed.

Posted by Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate (Fab Real Estate) over 7 years ago

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