Fab Real Estate Blog: Sherman, CT - February, 2008 Real Estate Market Report

Sherman, CT - February, 2008 Real Estate Market Report

Sherman, Connecticut Real Estate Update
February, 2008

Closed home sales in Sherman, Connecticut:

There were 3 home sales closed in Sherman, CT.
List Prices were $335,000 - $1,350,000.
Closed Sales Prices were $315,000- $1,300,000.

Closed homes sold for 90.1% of their most recent list price.

Marketing time ranged from 284 - 876 days on market.  The average was 514 days on market.

This compares with 2 closed sales in February, 2007, with an average and median sales price of $1,218,750.


Currently available homes for sale in Sherman, Connecticut:

Currently, there are 43 homes for sale in Sherman, CT.
List Prices range from $299,900 for a small cottage with beach rights to $3,250,000 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
203.746.1199
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 • March 12 2008 08:47PM

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