Sherman, Connecticut Real Estate Update
Closed home sales in Sherman, Connecticut:
In March of 2007, there were 4 home sales closed in Sherman, CT.
List Prices ranged from $299,900 - $514,900.
Closed Sales Prices ranged from $299,900 to $505,000.
The average closed sales price was $383,725. The median closed home sales price was also $365,000.
On average, these homes sold for 97% of their list price.
Days on Market ranged from 58 - 275 days, with the average being 172 days of market time.
This compares to 5 homes that closed sale in March, 2006 with an average closed sales price of $518,630 and a median closed sales price of $500,000.
Currently available homes for sale in Sherman, Connecticut:
Currently, there are 66 homes for sale in Sherman, CT.
List Prices range from $319,900 for a hi-ranch home in a lake community to $2,750,000 for 5,000 square foot estate home 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, REALTOR
Real Estate & Appraisals
Connecticut Real Estate and Homes for Sale
Data compiled from the Consolidated MLS and believed to be accurate.