Fab Real Estate Blog

New Milford, Connecticut Real Estate Update 
May, 2009 

Closed home sales in New Milford, Connecticut: 

Single Family Homes: 
There were 15 single family home sales closed in New Milford, CT. 

The median closed real estate sales price for single family homes in New Milford was $240,000. 
On average, these homes sold for 93.5% of their final list price. 

Days on Market averaged 202 days of market time.

This compares to 17 single family homes closed in May, 2008, with a median closed sales price of $307,500.

*** It is interesting to note that 40% of these New Milford sales were bank-owned foreclosure properties.  An additional 20% of these sales were completed short sale situations.

Condos: 
There were 3 condominium sales closed in New Milford, CT.

The median closed real estate sales price for condos in New Milford was $98,000.
On average, these homes sold for 97.9% of their list price.

This compares to 5 condos closed in May, 2008, with a median closed sales price of $177,000.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 288 single family homes for sale in New Milford, CT.
List Prices range from $89,900 for an remodeled, antique bank-owned home to $6,500,000 for a new home on mor ethan 75 acres.

Condos:
Currently, there are 81 condos available for sale in New Milford, CT.
List prices range from $59,900 to $539,900.

New Milford, Connecticut, is the southernmost town in Litchfield County and is known as The Gateway to Litchfield County. The town borders the northeastern shores of Candlewood Lake. Several lake communities surround its Candlewood Lake shores, and typically offer a private beach for residents, boat docks and other amenities. New Milford enjoys a population of about 28,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

Brookfield, Connecticut Real Estate Update
May, 2009 

Closed home sales in Brookfield, Connecticut: 

Single Family Homes: 
There were 10 single family home sales closed in Brookfield, CT.

The median closed sales price was $425,000.
On average, these homes sold for 94.0% of their final list price. 
Days on Market average 197 days of market time.

This compares to 17 closed sales in May, 2008, with a median closed sales price of $475,000.

Condos: 
There were 7 condominium sales closed in Brookfield, CT. 
The median sales price was $280,000. 
These units sold for 93.5% of the most recent list price. 

This compares to 8 closed sales in May, 2008 with a median sales price of $217,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 120 single family homes for sale in Brookfield, CT.
List Prices range from $185,000 for an antique cape to $2,495,000 for a Lake Lillinonah waterfront home.

Condos:
Currently, there are 41 condos for sale in Brookfield, CT. List prices range from $130,000 for a one-bedroom unit to $609,900 for a new unit in an active adult community.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut 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.

Danbury, Connecticut Real Estate Update
May, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 25 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $265,000. 

On average, these homes sold for 94.9% of their most recent list price.

Days on Market averaged 121 days of market time. 

This compares with 17 closed sales in May, 2008, with a median closed sales price of $339,000.

***  What is interesting to note is that of these 25 sales in May of 2009, 28% of these sales were bank-owned foreclosure homes - more than 1/4 of all sales in Danbury were foreclosure sales.  As foreclosure properties are typically priced just under market value, this can be seen to indicate why the days on market is so much lower than normal, as well as play a role in the declining  values compared to May of 2008.

Condos:
There were 19 condominium sales closed in Danbury, CT.
The median closed sales price was $205,000.
On average, these homes sold for 93.2% of their most recent list price.

This compares with 27 closed sales in May, 2008, with a median closed sales price of $268,000.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 274 single family homes for sale in Danbury, CT.
List Prices range from $135,000 for an older bank-owned home to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 226 condos available for sale in Danbury, CT.
List prices range from $69,900 - $759,900.

Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York.  Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut 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

Sherman, Connecticut Real Estate Update
May, 2009

Closed home sales in Sherman, Connecticut:

There were 10 home sales that closed in Sherman during May, 2009.

Average and median sales price was $397,500.

This compares with 6 closed sales in May, 2008, with a median sales price of $658,750.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 58 homes for sale in Sherman, CT.
List Prices range from $275,000 for a small bungalo with beach rights to $3,199,000 for a spacious antique estate.

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.

Ridgefield, Connecticut Real Estate Update 
April, 2009 

Closed home sales in Ridgefield, Connecticut: 

There were 9 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $635,000.

On average, these homes sold for 94.9% of their final list price.

Marketing time averaged 269 days on market.

This compares with 19 closed sales in April, 2008, with a median sales price of $595,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 292 homes for sale in Ridgefield, CT.
List Prices range from $209,900 for a small ranch being sold as a short-sale to $10,000,000 for a 16,000 square foot contemporary showpiece.

Ridgefield, Connecticut is a wonderful New England town bordering New York's Westchester County. It is popular with those commuting to lower Fairfield County, Westchester County 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 Greater Fairfield County MLS and believed to be accurate.

New Milford, Connecticut Real Estate Update 
April, 2009 

Closed home sales in New Milford, Connecticut:

Single Family Homes:
There were 12 single family home sales closed in New Milford, CT.

The median closed real estate sales price for single family homes in New Milford was $364,950.
On average, these homes sold for 96.2% of their final list price.

Days on Market averaged 342 days of market time.

This compares to 19 single family homes closed in April, 2008, with a median closed sales price of $350,000.

Condos:
There were 6 condominium sales closed in New Milford, CT.

The median closed real estate sales price for condos in New Milford was $127,500.
On average, these homes sold for 94.5% of their list price.

This compares to 12 condos closed in April, 2008, with a median closed sales price of $147,000.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 288 single family homes for sale in New Milford, CT.
List Prices range from $89,900 for an remodeled, antique bank-owned home to $6,500,000 for a new home on mor ethan 75 acres.

Condos:
Currently, there are 81 condos available for sale in New Milford, CT.
List prices range from $59,900 to $539,900.

New Milford, Connecticut, is the southernmost town in Litchfield County and is known as The Gateway to Litchfield County. The town borders the northeastern shores of Candlewood Lake. Several lake communities surround its Candlewood Lake shores, and typically offer a private beach for residents, boat docks and other amenities. New Milford enjoys a population of about 28,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.

Brookfield, Connecticut Real Estate Update
April, 2009 

Closed home sales in Brookfield, Connecticut: 

Single Family Homes: 
There were 6 single family home sales closed in Brookfield, CT.

The median closed sales price was $481,000.
On average, these homes sold for 98.7% of their final list price.
Days on Market average 230 days of market time.

This compares to 12 closed sales in April, 2008, with a median closed sales price of $376,500.

Condos:
There were 2 condominium sales closed in Brookfield, CT.
The median sales price was $192,700.
These units sold for 99.3% of the most recent list price.

This compares to 3 closed sales in April, 2008 with a median sales price of $300,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 120 single family homes for sale in Brookfield, CT.
List Prices range from $185,000 for an antique cape to $2,495,000 for a Lake Lillinonah waterfront home.

Condos:
Currently, there are 41 condos for sale in Brookfield, CT. List prices range from $130,000 for a one-bedroom unit to $609,900 for a new unit in an active adult community.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut 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.

Danbury, Connecticut Real Estate Update
April, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 24 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $341,500. 

On average, these homes sold for 94.3% of their most recent list price.

Days on Market averaged 204 days of market time. 

This compares with 29 closed sales in April, 2008, with a median closed sales price of $320,000.

Condos:
There were 17 condominium sales closed in Danbury, CT.
The median closed sales price was $242,000.
On average, these homes sold for 94.8% of their most recent list price.

This compares with 23 closed sales in April, 2008, with a median closed sales price of $270,000.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 274 single family homes for sale in Danbury, CT.
List Prices range from $135,000 for an older bank-owned home to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 226 condos available for sale in Danbury, CT.
List prices range from $69,900 - $759,900.

Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York.  Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut 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

New Fairfield, Connecticut Real Estate Update
April, 2009

Closed home sales in New Fairfield, Connecticut:

There were 8 home sales closed in New Fairfield, CT.

The median closed real estate sales price for New Fairfield was $336,250.

On average, these homes sold for 97.6% of their final list price.

Days on Market averaged 181 days of market time.

This compares with 6 closed sales in April, 2008, with a median sales price of 405,675.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 155 homes for sale in New Fairfield, CT.
List Prices range from $145,000 for a small, bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres.

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 Greater Fairfield County MLS and believed to be accurate

New Fairfield, Connecticut Real Estate For Sale 

231 State Route 39
New Fairfield, CT 
$350,000 

• Ranch with Privacy and In-Law Apartment! 
  
• Privately set high up off the road, surrounded by nature 
• Main Level with 3 Bedrooms
• Lower-Level In-Law Unit with 1 Bedroom, Living Room, Den and Eat-In Kitchenette
• Beautifully planted gardens 
• Lovely Wooded Views 
  
• Two-Car Garage 
  
• Just moments away from Squantz Pond and New Fairfield's Candlewood Lake Town Park 

Don't miss this great New Fairfield home!

Contact Don Fabrizio-Garcia today for your private showing
203.746.1199

Nationwide Realty
don@FabRealEstate.com
www.FabRealEstate.com

New Fairfield, Connecticut Real Estate