Sherman, Connecticut Real Estate Update
May, 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 of $1,400,400.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 64 homes for sale in Sherman, CT.
List Prices range from $345,500 for a cape to $3,400,000 for an 18th century colonial on 37 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
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Consolidated MLS and believed to be accurate.