Fab Real Estate Blog: New Fairfield, CT - November, 2007 Real Estate Market Report

New Fairfield, CT - November, 2007 Real Estate Market Report

New Fairfield, Connecticut Real Estate Update
November, 2007

Closed home sales in New Fairfield, Connecticut:

There were 9 home sales closed in New Fairfield, CT.Welcome to New Fairfield, Connecticut
List Prices ranged from $209,900 - $2,295,000.
Closed Sales Prices ranged from $209,900 - $2,195,000.

The average closed real estate sales price for New Fairfield was $801,316.
The median closed real estate sales price for New Fairfield was $398,200.
On average, these homes sold for 96.7% of their final list price.
Days on Market ranged from 40 - 890 days, with the average being 277 days of market time.

This compares with 15 closed sales in November, 2006, with an average sales price of $479,401 and a median sales price of $422,000.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 89 homes for sale in New Fairfield, CT.
List Prices range from $199,900 for a two-bedroom fixer  to $3,660,000 for a two-home waterfront compound.

New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to the west and Candlewood Lake to the east.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  New Fairfield enjoys a convenient commute location to lower Fairfield County and Westchester County, New York.  New Fairfield is situated just over an hour by car to Hartford, Connecticut and New York City.

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 Consolidated MLS and believed to be accurate

Comment balloon 0 commentsDon Fabrizio-Garcia • December 29 2007 07:57PM

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