CT Scan

How do Home Buyers Find Their Home?

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Tue, 17 Nov 2009 09:20:48 -0600

A new report just released by Inman News details how home buyers ultimately find their new home. The results are not surprising:

36% of all home buyers found the home they purchased through their real estate agent
36% of all home buyers found the home they purchased on the internet

Just with the two items above, a whopping 72% of all recent home buyers found their new home through their agent or through their online searches. Ninety percent of all recent buyers did utilize the internet to look at available homes and assist themselves in their home search process.

Agents often ask why I market so extensively online. I do so because I want my clients' homes to sell. I want those 90% of internet searches to see MY clients' homes.
Some agents ask why I also market to my colleagues. Again, I do so because I want my clients' homes to sell.

The report continues:

12% of all home buyers found the home they purchased from a yard sign.
6% of all home buyers found the home they purchased through a friend, neighbor or relative

Don't want a For Sale Sign in your front yard? You may have potentially lost out on 12% of the potential buyers.
The photo postcard mailing I send to your neighbors helps us capture an additional 6% of potential buyers for your home.

We've now tackled 90% of the market of potential buyers for your home. Most buyers are now aware of your home.

Where do print ads come in to play? Only 2% of buyers located their new home through a print ad.
How about open houses? Not even listed on the report, as while many buyers do visit open houses, they do not typically locate their via these open houses.

So, as agents, where should we focus our time, money and efforts?

I focus my efforts on those 90% of buyers.
If you're selling your home, make sure all efforts are focused on these 90% of buyers. The odds of selling will be in your favor

Don Fabrizio-Garcia, REALTOR
Real Estate Broker & Appraiser
Nationwide Realty

203.746.1199
www.FabRealEstate.com

Ridgefield, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 07 Nov 2009 14:11:19 -0600

Ridgefield, Connecticut Real Estate Update
September, 2009

Closed home sales in Ridgefield, Connecticut:

There were 25 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $65,000.

On average, these homes sold for 94.1% of their final list price.

Marketing time averaged 249 days on market.

NOTE: 24% of these sales were bank-owned foreclosure properties

This compares with 15 closed sales in September, 2008, with a median sales price of $710,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 240 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 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.

Ridgefield, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 07 Nov 2009 13:55:01 -0600

Ridgefield, Connecticut Real Estate Update
August, 2009

Closed home sales in Ridgefield, Connecticut:

There were 22 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $647,250.

On average, these homes sold for 92.4% of their final list price.

Marketing time averaged 112 days on market.

This compares with 23 closed sales in August, 2008, with a median sales price of $690,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 240 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 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.

Bethel, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 07 Nov 2009 13:36:16 -0600

Bethel, Connecticut Real Estate Update
September, 2009

Closed home sales in Bethel, Connecticut:

There were 13 home sales closed in Bethel, CT.

The median closed sales price in Bethel was $359,000.

On average, these homes sold for 97.3% of their final list price.

Marketing time averaged 133 days on market.

This compares with 9 closed sale in September, 2008, with a median sales price of $435,000.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 97 homes for sale in Bethel, CT.
List Prices range from $180,000 for a two-bedroom ranch being sold as a short sale to $1,099,000 for a large colonial on over 5 acres.

Bethel, Connecticut is a quaint New England town with a wonderful pedestrian-friendly downtown area with plenty of shops. Bethel borders Danbury to the west, Brookfield to the north and Redding to the south.

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.

Bethel, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 07 Nov 2009 13:26:21 -0600

Bethel, Connecticut Real Estate Update
August, 2009

Closed home sales in Bethel, Connecticut:

There were 16 home sales closed in Bethel, CT.

The median closed sales price in Bethel was $310,250.

On average, these homes sold for 96% of their final list price.

Marketing time averaged 83 days on market.

NOTE: 31% of this month's sales were bank-owned foreclosure properties. This helps account for the low average days on market.

This compares with 20 closed sale in August, 2008, with a median sales price of $410,000.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 97 homes for sale in Bethel, CT.
List Prices range from $180,000 for a two-bedroom ranch being sold as a short sale to $1,099,000 for a large colonial on over 5 acres.

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, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Tue, 27 Oct 2009 09:43:41 -0500

New Milford, Connecticut Real Estate Update
September, 2009

Closed home sales in New Milford, Connecticut:

Single Family Homes:
There were 19 single family home sales closed in New Milford, CT.

The median closed real estate sales price for single family homes in New Milford was $271,000.
On average, these homes sold for 95.8% of their final list price.

Days on Market averaged 212 days of market time.

NOTE: 42% of these closes sales were either bank-owned foreclosure sales or pre-foreclosure short sales.

This compares to 17 single family homes closed in September, 2008, with a median closed sales price of $325,000.

Condos:
There were 4 condominium sales closed in New Milford, CT.

The median closed real estate sales price for condos in New Milford was $178,500.

This compares to 9 condos closed in September, 2008, with a median closed sales price of $180,000.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 284 single family homes for sale in New Milford, CT.
List Prices range from $75,000 for an antique colonial in need of restoration to $5,900,000 for am expansive home on more than 75 acres.

Condos:
Currently, there are 96 condos available for sale in New Milford, CT.
List prices range from $64,900 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.

New Milford, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Tue, 27 Oct 2009 09:40:46 -0500

New Milford, Connecticut Real Estate Update
August, 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 $312,500.
On average, these homes sold for 92.5% of their final list price.

Days on Market averaged 245 days of market time.

NOTE: 17% of these closes sales were either bank-owned foreclosure sales or pre-foreclosure short sales.

This compares to 14 single family homes closed in August, 2008, with a median closed sales price of $372,500.

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

The median closed real estate sales price for condos in New Milford was $123,500.

This compares to 8 condos closed in August, 2008, with a median closed sales price of $175,000.

Currently available homes for sale in New Milford, Connecticut:

Condos:
Currently, there are 96 condos available for sale in New Milford, CT.
List prices range from $64,900 to $539,900.

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, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Tue, 27 Oct 2009 08:45:20 -0500

Brookfield, Connecticut Real Estate Update
September, 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 $427,500.
On average, these homes sold for 91.8% of their final list price.
Days on Market average 238 days of market time.

This compares to 15 closed sales in September, 2008, with a median closed sales price of $405,000.

Condos:
There were 5 condominium sales closed in Brookfield, CT.
The median sales price was $229,000.

This compares to 2 closed sales in September, 2008 with a median sales price of $233,500.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 144 single family homes for sale in Brookfield, CT.
List Prices range from $185,000 for an antique cape to $2,195,000 for a newer waterfront home.

Condos:
Currently, there are 42 condos for sale in Brookfield, CT. List prices range from $147,000 for a one-bedroom unit to $575,000 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.

Brookfield, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Tue, 27 Oct 2009 08:35:11 -0500

Brookfield, Connecticut Real Estate Update
August, 2009

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 13 single family home sales closed in Brookfield, CT.

The median closed sales price was $330,000.
On average, these homes sold for 97.2% of their final list price.
Days on Market average 199 days of market time.

This compares to 26 closed sales in August, 2008, with a median closed sales price of $408,500.

Condos:
There were 6 condominium sales closed in Brookfield, CT.
The median sales price was $181,500.

This compares to 3 closed sales in August, 2008 with a median sales price of $290,000.

Currently available homes for sale in Brookfield, Connecticut:

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, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 26 Oct 2009 14:30:59 -0500

Danbury, Connecticut Real Estate Update
September, 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 $309,000.

On average, these homes sold for 98% of their most recent list price.

Days on Market averaged 186 days of market time.

This compares with 36 closed sales in September, 2008, with a median closed sales price of $315,000.

*** What is interesting to note is that of these 17% of these sales were either bank-owned foreclosure homes or pre-foreclosure short sales.

Condos:
There were 31 condominium sales closed in Danbury, CT.
The median closed sales price was $225,000.
On average, these homes sold for 96.6% of their most recent list price.

This compares with 36 closed sales in September, 2008, with a median closed sales price of $246,000.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 290 single family homes for sale in Danbury, CT.
List Prices range from $107,500 for a bank-owned colonial to $2,100,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 235 condos available for sale in Danbury, CT.
List prices range from $60,000 - $739,000.

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

Danbury, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 26 Oct 2009 14:15:32 -0500

Danbury, Connecticut Real Estate Update
August, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 32 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $307,500.

On average, these homes sold for 95.1% of their most recent list price.

Days on Market averaged 163 days of market time.

This compares with 29 closed sales in August, 2008, with a median closed sales price of $346,000.

*** What is interesting to note is that of these 16% of these sales were bank-owned foreclosure homes.

Condos:
There were 25 condominium sales closed in Danbury, CT.
The median closed sales price was $245,000.
On average, these homes sold for 93.7% of their most recent list price.

This compares with 25 closed sales in August, 2008, with a median closed sales price of $267,000.

Currently available homes for sale in Danbury, Connecticut:

Condos:
Currently, there are 235 condos available for sale in Danbury, CT.
List prices range from $60,000 - $739,000.

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, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 26 Oct 2009 13:38:38 -0500

Sherman, Connecticut Real Estate Update
September, 2009

Closed home sales in Sherman, Connecticut:

There were 1 home sales that closed in Sherman during September, 2009.

The median sales price was $520,000.

On average, these homes sold for 98.1% of their final list price.

Days on Market averaged 294 days of market time.

This compares with a closed sales in September, 2008, with a median sales price of $565,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 62 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.

Sherman, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 26 Oct 2009 13:33:51 -0500

Sherman, Connecticut Real Estate Update
August, 2009

Closed home sales in Sherman, Connecticut:

There were 2 home sales that closed in Sherman during August, 2009.

The median sales price was $464,962.

On average, these homes sold for 95.9% of their final list price.

Days on Market averaged 263 days of market time.

This compares with 2 closed sales in August, 2008, with a median sales price of $767,500.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 62 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.

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, CT - September, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 26 Oct 2009 13:25:55 -0500

New Fairfield, Connecticut Real Estate Update
September, 2009

Closed home sales in New Fairfield, Connecticut:

There were 9 home sales closed in New Fairfield, CT.

The median closed real estate sales price for New Fairfield was $275,000.

On average, these homes sold for 92.2% of their final list price.

Days on Market averaged 129 days of market time.

This compares with 13 closed sales in September, 2008, with a median sales price of $324,000.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 149 homes for sale in New Fairfield, CT.
List Prices range from $124,900 for a 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, CT - August, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 26 Oct 2009 13:19:00 -0500

New Fairfield, Connecticut Real Estate Update
August, 2009

Closed home sales in New Fairfield, Connecticut:

There were 13 home sales closed in New Fairfield, CT.

The median closed real estate sales price for New Fairfield was $299,500.

On average, these homes sold for 91.6% of their final list price.

Days on Market averaged 170 days of market time.

This compares with 15 closed sales in August, 2008, with a median sales price of $385,000.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 149 homes for sale in New Fairfield, CT.
List Prices range from $124,900 for a bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres.

Danbury, CT Home for Sale: Beautiful Bank-Owned Colonial

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Fri, 16 Oct 2009 21:37:48 -0500

Danbury, Connecticut Real Estate For Sale

8 Birch Street
Danbury, CT
$235,000

*** UNDER DEPOSIT *** MULTIPLE OFFERS ****

You Won't Believe this is a Bank-Owned Foreclosure Property!
Fantastic Colonial Home
Beautifully Maintained
4 Bedrooms
Formal Living and Dining Rooms with Wainscoting
Attached Garage
Level Lot
Conveniently located near Danbury Hospital and I-84

Don't miss this great Danbury home!

Contact Don Fabrizio-Garcia today for your private showing
203.746.1199

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

Danbury, Connecticut Real Estate

New Fairfield, Connecticut Home For Sale: Private Ranch with In-Law Apartment

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Wed, 14 Oct 2009 08:14:19 -0500

New Fairfield, Connecticut Real Estate For Sale

231 State Route 39
New Fairfield, CT
$338,500

Ranch with Privacy and Finished Lower Level/In-Law Apartment!
Privately set high up off the road, surrounded by nature
Main Level with 3 Bedrooms
Lower-Level with 1 Bedroom, Living Room, Den, Dining Area, plumbed for 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

Ridgefield, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 14 Sep 2009 10:03:24 -0500

Ridgefield, Connecticut Real Estate Update
July, 2009

Closed home sales in Ridgefield, Connecticut:

There were 44 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $658,450.

On average, these homes sold for 93.7% of their final list price.

Marketing time averaged 233 days on market.

This compares with 39 closed sales in July, 2008, with a median sales price of $775,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 268 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 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.

Bethel, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 14 Sep 2009 09:28:45 -0500

Bethel, Connecticut Real Estate Update
July, 2009

Closed home sales in Bethel, Connecticut:

There were 19 home sales closed in Bethel, CT.

The median closed sales price in Bethel was $318,000.

On average, these homes sold for 91.1% of their final list price.

Marketing time averaged 220 days on market.

This compares with 11 closed sale in July, 2008, with a median sales price of $399,750.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 113 homes for sale in Bethel, CT.
List Prices range from $189,900 for a two-bedroom ranch being sold as a short sale to $1,099,000 for a large colonial on over 5 acres.

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, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 14 Sep 2009 09:17:58 -0500

New Milford, Connecticut Real Estate Update
July, 2009

Closed home sales in New Milford, Connecticut:

Single Family Homes:
There were 21 single family home sales closed in New Milford, CT.

The median closed real estate sales price for single family homes in New Milford was $289,900.
On average, these homes sold for 95.5% of their final list price.

Days on Market averaged 133 days of market time. (NOTE: This is much shorter than usual)

NOTE: 24% of these closes sales were either bank-owned foreclosure sales or pre-foreclosure short sales.

This compares to 16 single family homes closed in July, 2008, with a median closed sales price of $332,500.

Condos:
There were 2 condominium sales closed in New Milford, CT.

The median closed real estate sales price for condos in New Milford was $105,500.
On average, these homes sold for 96.3% of their list price.

This compares to 5 condos closed in July, 2008, with a median closed sales price of $176,000.

Currently available homes for sale in New Milford, Connecticut:

Single Family Homes:
Currently, there are 286 single family homes for sale in New Milford, CT.
List Prices range from $100,000 for an antique colonial in need of restoration to $6,500,000 for a new home on mor ethan 75 acres.

Condos:
Currently, there are 96 condos available for sale in New Milford, CT.
List prices range from $64,900 to $539,900.

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, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Mon, 14 Sep 2009 08:59:39 -0500

Brookfield, Connecticut Real Estate Update
July, 2009

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 18 single family home sales closed in Brookfield, CT.

The median closed sales price was $383,450.
On average, these homes sold for 94.2% of their final list price.
Days on Market average 288 days of market time.

This compares to 19 closed sales in July, 2008, with a median closed sales price of $439,500.

Condos:
There were 2 condominium sales closed in Brookfield, CT.
The median sales price was $220,000.

This compares to 2 closed sales in July, 2008 with a median sales price of $330,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 147 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 39 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, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 22 Aug 2009 14:23:58 -0500

Danbury, Connecticut Real Estate Update
July, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 27 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $320,000.

On average, these homes sold for 94.6% of their most recent list price.

Days on Market averaged 132 days of market time.

This compares with 43 closed sales in July, 2008, with a median closed sales price of $358,000.

*** What is interesting to note is that of these 15% of these sales were bank-owned foreclosure homes.

Condos:
There were 36 condominium sales closed in Danbury, CT.
The median closed sales price was $250,250.
On average, these homes sold for 95.5% of their most recent list price.

This compares with 29 closed sales in July, 2008, with a median closed sales price of $275,000.

*** What is interesting to note is that of these sales, 19% were either bank-owned foreclosure homes or short sales

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 272 single family homes for sale in Danbury, CT.
List Prices range from $89,900 for a one-bedroom ranch that needs work to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 220 condos available for sale in Danbury, CT.
List prices range from $60,000 - $739,000.

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, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 22 Aug 2009 13:50:01 -0500

Sherman, Connecticut Real Estate Update
July, 2009

Closed home sales in Sherman, Connecticut:

There were 4 home sales that closed in Sherman during July, 2009.

The median sales price was $551,500.

This compares with 1 closed sales in July, 2008, with a median sales price of $409,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 71 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.

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, CT - July, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 22 Aug 2009 13:45:17 -0500

New Fairfield, Connecticut Real Estate Update
July, 2009

Closed home sales in New Fairfield, Connecticut:

There were 10 home sales closed in New Fairfield, CT.

The median closed real estate sales price for New Fairfield was $334,000.

On average, these homes sold for 93.5% of their final list price.

Days on Market averaged 134 days of market time.

This compares with 7 closed sales in July, 2008, with a median sales price of $370,750.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 152 homes for sale in New Fairfield, CT.
List Prices range from $110,000 for a small, bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres.

Ridgefield, CT - June, 2009 Real Estate Market Report

Don Fabrizio-Garcia - Connecticut Real Estate (Nationwide Realty) — Sat, 22 Aug 2009 13:36:11 -0500

Ridgefield, Connecticut Real Estate Update
June, 2009

Closed home sales in Ridgefield, Connecticut:

There were 17 home sales closed in Ridgefield, CT.

The median closed sales price in Ridgefield was $695,000.

On average, these homes sold for 88.6% of their final list price.

Marketing time averaged 320 days on market.

This compares with 39 closed sales in June, 2008, with a median sales price of $715,000.

Currently available homes for sale in Ridgefield, Connecticut:

Currently, there are 253 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 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.