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

Sherman, CT - March, 2008 Real Estate Market Report

Sherman, Connecticut Real Estate Update
March, 2008

Closed home sales in Sherman, Connecticut:

There was 1 home sale closed in Sherman, CT.
List Price was $349,900.
Closed Sales Price was $320,000.

Marketing time was 912 days on market.
Note that the original list price was $499,000.  Such a high list price on a home that sold for $320,000, is the reason the marketing time was so long.

This compares with 4 closed sales in March, 2007, with an average sales price of $383,725 and a median sales price of $365,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 56 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
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 • April 14 2008 10:24AM