Fab Real Estate Blog: Sherman, CT January 2007 Market Report

Sherman, CT January 2007 Market Report

Sherman, Connecticut Real Estate Update
January 2007

Closed home sales in Sherman, Connecticut:

In January of 2007, there were 5 home sales closed in Sherman, CT.
List Prices ranged from $300,000 - $2,795,000.
Closed Sales Prices ranged from $290,000 for a smaller ranch in a Candlewood Lake community to $2,690,000 for a 6,500 square foot home on 2 Candlewood Lake waterfront acres.

The average closed sales price was $936,000.

On average, these homes sold for 96% of their list price.
Days on Market ranged from 43 - 484 days, with the average being 184 days of market time.

This compares to 9 homes that closed sale in January, 2006 with an average sales price of $731,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 52 homes for sale in Sherman, CT.
List Prices range from $300,000 for a former church currently used as a home to $2,750,000 for spacious chateau style estate on nearly 10 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
Prudential Connecticut Realty
Connecticut Real Estate and Homes for Sale


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

Comment balloon 0 commentsDon Fabrizio-Garcia • February 02 2007 06:07PM