fairfield county: Days on Market: It's a Matter of Price
- 06/24/07 05:13 AM
In preparing my monthly Market Condition Reports for the area towns surrounding Candlewood Lake here in Connecticut, I've noticed a continuing trend between Days on Market and Original List Price vs. Final Sales Price.
With the exception of new construction (which typically takes longer to sell due to the construction time, and often sells at a premium over resale homes), nearly all homes that were on the market for more than 150 days, ended up selling for $50,000 - $100,000 less than the original list price. Some sold for $200,000 less than the original list price and sat on the market … (8 comments)
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fairfield county: Brookfield, CT - May, 2007 Real Estate Market Report
- 06/24/07 04:48 AM
Brookfield, Connecticut Real Estate UpdateMay, 2007
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 13 single family home sales closed in Brookfield, CT.List Prices ranged from $359,900 - $799,000.Closed Sales Prices ranged from $360,000 - $790,000.
The average closed real estate sales price for single family homes in Brookfield was $487,230.The median closed sales price was $450,000.On average, these homes sold for 97% of their final list price.Days on Market ranged from 19 - 311 days, with the average being 144 days of market time.
This compares to 18 closed sales in May, 2006, with an average sales price of $757,249 and a median closed sales price … (0 comments)
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fairfield county: Danbury, CT - May, 2007 Real Estate Market Report
- 06/23/07 02:03 PM
Danbury, Connecticut Real Estate UpdateMay, 2007
Closed home sales in Danbury, Connecticut:
Single Family Homes:In May, 2007, there were 33 single family home sales closed in Danbury, CT.List Prices ranged from $202,900 - $1,370,000.Closed Sales Prices ranged from $202,000 - $1,413,360.
The average closed real estate sales price for single family homes in Danbury was $487,927. The median closed real estate sales price was $435,000.On average, these homes sold for 97.9% of their most recent list price.Days on Market ranged from 16 - 788 days, with the average being 147 days of market time. Interestingly, most homes that sat on the market for a year or more … (2 comments)
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fairfield county: Sherman, CT - May, 2007 Real Estate Market Report
- 06/18/07 12:41 PM
Sherman, Connecticut Real Estate UpdateMay, 2007
Closed home sales in Sherman, Connecticut:
In May, 2007, there were 7 home sales closed in Sherman, CT.List Prices ranged from $398,500 - $1,400,000.Closed Sales Prices ranged from $363,187 to $1,290,000.
The average closed sales price was $753,026. The median closed home sales price was $725,000.
On average, these homes sold for 92.5% of their final list price.Days on Market ranged from 41 - 631 days, with the average being 192 days of market time.
This compares to 2 homes that closed sale in May, 2006 with an average closed sales price of $1,400,400 and a median closed sales price … (0 comments)
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fairfield county: New Fairfield, CT - May 2007 Real Estate Market Report
- 06/18/07 12:30 PM
New Fairfield, Connecticut Real Estate UpdateMay, 2007
Closed home sales in New Fairfield, Connecticut:
In May of 2007, there were 16 home sales closed in New Fairfield, CT.List Prices ranged from $209,000 - $1,999,000.Closed Sales Prices ranged from $207,000 - $1,800,000.
The average closed real estate sales price for New Fairfield was $520,899.The median closed real estate sales price for New Fairfield was $386,450.On average, these homes sold for 94.5% of their list price.Days on Market ranged from 43 - 463 days, with the average being 247 days of market time.
This compares with 12 closed sales in May, 2006, with an average sales price of $481,575 and … (0 comments)
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fairfield county: She Kissed Me!
- 06/09/07 03:07 AM
The other day I went to my buyer client's office to have her sign an offer to purchase her new home in Danbury, Connecticut. We were pretty sure the offer would be accepted. She was so excited. Huge grin from ear to ear. A little bouncy in her step.
She signed the offer, then grabbed me, gave me a big old hug and kissed me.
It was one of the sweetest and most sincere moments I've had in this business. No words of thanks could have exceeded that emotion. This is what selling real estate is all about - not just … (20 comments)
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fairfield county: Bears in New Fairfield
- 06/08/07 01:56 PM
This afternoon, parents of New Fairfield, Connecticut school children received multiple Alert phone calls from our schools. Apparently a bear was spotted near the entrance to the New Fairfield High School. Later, the bear was thought to have moved on down the road to New Fairfield's Hidden Value Nature Preserve.
Being that the bear was near the schools' entrance, the schools delayed releasing the buses at the end of the day, and notified us via the new Alert phone system. Once police and the Department of Environmental Protection were set up at each school entrance, the buses were allowed to leave with the … (2 comments)
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fairfield county: Ridgefield, CT High School Ranked Among Best in the Nation
- 06/08/07 01:42 PM
Newsweek Magazine recently ranked the Top 1,200 High Schools in America.
Ridgefield High School in Ridgefield, Connecticut, was among these top schools.
Ranking as number 444 in the nation, Ridgefield High School was number 3 here in Connecticut.
Criteria used to rank the schools was Newsweek's own "Challenge Index," which factors in the number of Advanced Placement tests each school administers, divided by the number of high school seniors in the school. The creators of the "Challenge Index" claim that this ranking removes wealth from the equation, which usually results in higher test scores, and focuses on how the schools are preparing the students for … (0 comments)
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fairfield county: New Fairfield, CT High School Ranked Among Best in Nation
- 06/08/07 01:37 PM
Newsweek Magazine recently ranked the Top 1,200 High Schools in America.
New Fairfield High School, located in New Fairfield, Connecticut, was one of eleven Connecticut high schools to make the list.
Ranking as number 613 in the nation, New Fairfield High School was number 6 here in Connecticut.
Connecticut's top high schools, along with their national rank, are as follows:
#260: Conard High School, West Hartford, CT #298: Farmington High School, Farmington, CT #444: Ridgefield High School, Ridgefield, CT #553: Wilton High School, Wilton, CT #608: Greenwich High School, Greenwich, CT #613: New Fairfield High School, New Fairfield, CT #641: Weston High … (0 comments)
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fairfield county: Danbury, CT Home for Sale: New Construction Condo
- 05/29/07 01:08 PM
SOLD Danbury, Connecticut Real Estate For Sale
29 Town Hill Avenue, Danbury, CT $219,900 - SOLD - JUNE 2007
circa 1840's home converted to brand new condos Two units in original home, plus six townhomes built behind the original home Last Unit Available! 2 Bedrooms, 1 full bath Main level of original home 1,100 +/- Square Feet plus unfinished basement Front and Rear Covered Porches Two assigned parking spaces All brand new
Enjoy this beautiful, new Danbury condo. New Eat-in Kitchen New Bath with Double Sinks New Everything
Don't miss this great Danbury home!
… (0 comments)
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fairfield county: Summer Movies at Squantz Pond
- 05/28/07 01:40 AM
The Free Summer Movie Series is set to begin at Squantz Pond State Park in New Fairfield, Connecticut.
Moviegoers will be able to sit in the "Blanket Area" around the movie screen to enjoy the shows, or stay in their cars and watch the movie while listening to the audio track on your car radio.
A concession stand will be staffed by the volunteers at the Squantz Pond Firehouse, and all proceeds will benefit their firehouse maintenance fund.
Arrive early and enjoy blow-up rides and dinner from the concession stands prior to the movies.
Schedule:June 15: GreaseJuly 13: MadagascarAugust 3: Shrek 2August 24: … (2 comments)
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fairfield county: New Fairfield, CT Water Testing June 2, 2007
- 05/26/07 01:13 AM
Residents of New Fairfield, Connecticut, can have their water tested on Saturday, June 2, 2007.
The New Fairfield Water Pollution Control Agency and the State Department of Public Health recommend we have our well water tested regularly. Along with Aqua Environmental Lab, they have scheduled another Water Test Day from 8am - 12noon at Shaw's Supermarket, located at the intersection of Routes 37 & 39 in New Fairfield, CT.
Have your water tested in four easy steps:
Pick up at water test packet at Shaw's the day of the testing Return home to collect the water sample as per the instructions … (0 comments)
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fairfield county: Downsizing After Retirement: Stairs or No Stairs
- 05/22/07 11:59 PM
Lately I have been working with several couples who have retired and are considering downsizing into a smaller home or condo here in the Greater Danbury / New Fairfield, Connecticut area. Sometimes when searching for a new home for their retirement years, physical limitations dictate that the home cannot have stairs, thus limiting the search to ranches or first-floor ranch-style condo units. Others considering buying a retirement home need to consider whether stairs may become an issue in the future.
We do have several 55+/Active Adult communities in our western Connecticut area and the surrounding towns. Some of these communities have single-level, … (4 comments)
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fairfield county: Danbury, CT Summer Youth Employment Program
- 05/22/07 12:27 PM
Danbury, Connecticut mayor Mark Boughton has announced that the Summer Youth Employment Program for resident youths in low-income families.
To be considered for the employment program, applicants must be 14 years of age or older and a current participant of the free/reduced lunch program.
One-hundred youth will be hired to work 20 hours per week for six weeks, and ten youth aged 16 and up will be hired to be supervisors, beginning July 2, 2007. The program's purpose is to provide these youth with additional employment opportunities, and to help them become productive workers and self-sufficient citizens.
Applications must be received by … (0 comments)
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fairfield county: Brookfield, CT - April, 2007 Real Estate Market Report
- 05/20/07 12:17 PM
Brookfield, Connecticut Real Estate UpdateApril, 2007
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 9 single family home sales closed in Brookfield, CT.List Prices ranged from $350,000 - $629,900.Closed Sales Prices ranged from $295,500 - $608,000.
The average closed real estate sales price for single family homes in Brookfield was $439,222.The median closed sales price was $399,000.On average, these homes sold for 96% of their final list price.Days on Market ranged from 1 - 497 days, with the average being 186 days of market time.
This compares to 10 closed sales in April, 2006, with an average sales price of $530,875 and a median closed sales price … (0 comments)
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fairfield county: Danbury, CT - April, 2007 Real Estate Market Report
- 05/20/07 01:14 AM
Danbury, Connecticut Real Estate UpdateApril, 2007
Closed home sales in Danbury, Connecticut:
Single Family Homes:In April of 2007, there were 36 single family home sales closed in Danbury, CT.List Prices ranged from $220,000 - $1,149,000.Closed Sales Prices ranged from $198,000 - $1,070,000.
The average closed real estate sales price for single family homes in Danbury for the month of April was $447,883. The median closed real estate sales price was $385,000.On average, these homes sold for 96.5% of their most recent list price.Days on Market ranged from 6 - 348 days, with the average being 144 days of market time.
This compares with 33 closed sales … (0 comments)
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fairfield county: New Fairfield, CT Senior Center Upcoming Events
- 05/19/07 08:49 AM
The Senior Center of New Fairfield, Connecticut, has scheduled a host of excursions for the upcoming months:
May 31, 2007: Mystic SailVisit Mystic Seaport, its shipyard and exhibits.Sail on one of the oldest wooden, coal-fired steamboats.Enjoy Stonington Vineyards where you will learn each step of the winemaking process and taste their latest and greatest wines.Depart the New Fairfield Senior center at 8:30am, return at 7pm. $51 per person.
June 13, 2007: Matterhorn GardensVisit the Gardens at Matterhorn and enjoy its luch gardens and many shopsEnjoy a private tour of the grounds, a buffet lunch and then shopping...shopping...shopping.Depart the New Fairfield Senior … (0 comments)
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fairfield county: Sherman, CT - April, 2007 Real Estate Market Report
- 05/15/07 01:54 PM
Sherman, Connecticut Real Estate UpdateApril. 2007
Closed home sales in Sherman, Connecticut:
In April of 2007, there were 3 home sales closed in Sherman, CT.List Prices ranged from $385,000 - $949,000.Closed Sales Prices ranged from $374,000 to $850,300.
The average closed sales price was $620,600. The median closed home sales price was $637,500.
On average, these homes sold for 95% of their list price.Days on Market ranged from 11 - 384 days, with the average being 259 days of market time.
This compares to 2 homes that closed sale in April, 2006 with an average closed sales price of $640,000 and a median closed sales price of … (0 comments)
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fairfield county: New Fairfield, CT - April 2007 Real Estate Market Report
- 05/15/07 01:47 PM
New Fairfield, Connecticut Real Estate UpdateApril, 2007
Closed home sales in New Fairfield, Connecticut:
In April of 2007, there were 12 home sales closed in New Fairfield, CT.List Prices ranged from $150,000 - $1,349,000.Closed Sales Prices ranged from $130,000 - $1,087,000.
The average closed real estate sales price for New Fairfield was $533,541.The median closed real estate sales price for New Fairfield was $434,750.On average, these homes sold for 92% of their list price.Days on Market ranged from 40 - 575 days, with the average being 263 days of market time.
This compares with 18 closed sales in April, 2006, with an average sales price of $416,822 and … (0 comments)
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fairfield county: Candlewood Lake Summer Rentals Available
- 05/09/07 12:48 AM
Memorial Day is fast approaching, and waterfront rentals on Connecticut's Candlewood Lake are in high demand.
Seasonal rentals on the lake are currently available for $10,000 - $32,000 for the Memorial Day - Labor Day season. (Though it looks like I will have that $10,000 rental under a lease later today). A few waterfront homes are available for either July or August.
Rentals are available in all five towns that border Candlewood lake: New Fairfield, Sherman, Danbury, New Milford and Brookfield. But they are beginning to go fast...
Don't miss your chance to spend this summer enjoying Connecticut's largest … (2 comments)
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In preparing my monthly Market Condition Reports for the area towns surrounding Candlewood Lake here in Connecticut, I've noticed a continuing trend between Days on Market and Original List Price vs. Final Sales Price.
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