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New Fairfield, CT - April 2007 Real Estate Market Report

By
Real Estate Agent with Fab Real Estate

New Fairfield, Connecticut Real Estate Update
April, 2007

Closed home sales in New Fairfield, Connecticut:

In April of 2007, there were 12 home sales closed in New Fairfield, CT.Welcome to New Fairfield, Connecticut
List Prices ranged from $150,000 - $1,349,000.
Closed Sales Prices ranged from $130,000 - $1,087,000.

The average closed real estate sales price for New Fairfield was $533,541.
The median closed real estate sales price for New Fairfield was $434,750.
On average, these homes sold for 92% of their list price.
Days on Market ranged from 40 - 575 days, with the average being 263 days of market time.

This compares with 18 closed sales in April, 2006, with an average sales price of $416,822 and a median sales price of $409,500.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 147 homes for sale in New Fairfield, CT.
List Prices range from $135,000 for a 1930's fixer to $5,500,000 for a palatial estate fronting Candlewood Lake.


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.