Sherman, Connecticut Real Estate Update
December, 2008

Closed home sales in Sherman, Connecticut:

There were 4 home sales closed in Sherman, CT.
The average closed sales price was $729,500.
The median closed sales price was $550,000.

These homes sold, on average, for 87.3% of their most recent list price.

The average days on market was 431 days of marketing time.

This compares with 2 closed sales in December, 2007, with an average sales price of $1,235,000 and a median sales price of $1,235,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 60 homes for sale in Sherman, CT.
List Prices range from $209,900 for a bank-owned two-bedroom cape to $3,300,000 for an expansive estate on more than 24 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 Greater Fairfield County MLS and believed to be accurate.