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

Redding, CT - March, 2011 Real Estate Market Report

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.

Ridgefield CT Median Sales Prices

 

 

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.

 

 

Comment balloon 0 commentsDon Fabrizio-Garcia • February 01 2012 02:39PM

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