New Fairfield, Connecticut Real Estate Update
October, 2007
Closed home sales in New Fairfield, Connecticut:
There were 22 home sales closed in New Fairfield, CT.
List Prices ranged from $180,000 - $995,000.
Closed Sales Prices ranged from $170,000 - $898,000.
The average closed real estate sales price for New Fairfield was $458,336.
The median closed real estate sales price for New Fairfield was $470,000.
On average, these homes sold for 94.7% of their final list price.
Days on Market ranged from 17 - 496 days, with the average being 138 days of market time.
This compares with 19 closed sales in October, 2006, with an average sales price of $461,784 and a median sales price of $420,000.
Currently available homes for sale in New Fairfield, Connecticut:
Currently, there are 114 homes for sale in New Fairfield, CT.
List Prices range from $129,900 for a two0bedroom fixer to $3,660,000 for a two-home waterfront compound.
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 Consolidated MLS and believed to be accurate.
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