Sherman, CT - August 2007 Real Estate Market Report

Sherman, Connecticut Real Estate Update
August, 2007

Closed home sales in Sherman, Connecticut:

There were 5 home sales closed in Sherman, CT.
List Prices ranged from $299,000 - $1,349,000.
Closed Sales Prices ranged from $265,000 - $1,075,000.

These homes sold for 91.3% of their most recent list price.
Days on Market ranged from 44 - 1,075.  The average time on market was 43 days.

This compares to 2 homes that closed sale in August, 2006.  The average and median sales price was $456,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 62 homes for sale in Sherman, CT.
List Prices range from $349,000 for a circa 1900 farmhouse 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.