Sherman, CT - April, 2007 Real Estate Market Report

Sherman, Connecticut Real Estate Update
April. 2007

Closed home sales in Sherman, Connecticut:

In April of 2007, there were 3 home sales closed in Sherman, CT.
List Prices ranged from $385,000 - $949,000.
Closed Sales Prices ranged from $374,000 to $850,300.

The average closed sales price was $620,600.  The median closed home sales price was $637,500.

On average, these homes sold for 95% of their list price.
Days on Market ranged from 11 - 384 days, with the average being 259 days of market time.

This compares to 2 homes that closed sale in April, 2006 with an average closed sales price of $640,000 and a median closed sales price of $640,000.

Currently available homes for sale in Sherman, Connecticut:

Currently, there are 65 homes for sale in Sherman, CT.
List Prices range from $299,000 for a hi-ranch home in a lake community to $2,750,000 for 5,000 square foot estate home on nearly 10 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.