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.

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.