NEW FAIRFIELD CT REAL ESTATE - HOMES SOLD IN NOVEMBER, 2011

By
Real Estate Broker/Owner with Veritas Prime, LLC dba Veritas Prime Real Estate CT, NY, FL

NEW FAIRFIELD, CT REAL ESTATE - HOMES SOLD IN NOVEMBER, 2011

 

Street

BR’S

Full Baths

Half Baths

Sale Price

13 HILLDALE RD

2

1

1

$40,000

27 HUDSON DR

3

2

1

$70,000

13 CARDINAL LN

2

1

1

$70,500

1 CANDLEWOOD RD

2

1

0

$110,000

13 HEWLETT RD

2

1

1

$123,000

6 ANSONIA RD

2

1

0

$168,000

97 PINE HILL RD

2

1

0

$205,000

8 WARWICK RD

3

2

1

$250,000

8 CHARCOAL RIDGE RD WEST

3

2

0

$240,000

9 COLUMBIA DR

5

3

0

$365,000

27 SUNLIT LN

3

3

0

$380,240

60 DICK FINN RD

4

2

1

$365,000

7 WOODS WAY

3

3

0

$400,000

12 PEACEFUL DR

4

2

1

$437,500

23 E LAKE RD

4

2

1

$557,500

10 AMBER DR

4

4

2

$770,000

35 NORTH LAKE DR

3

3

0

$1,162,500

 

 

A total of 17 single family homes sold in New Fairfield, CT in the month of November. The sale prices ranged from $40,0000 for a distressed property  to $1,162,500 for a Candlewood Isle waterfront.  The average price during that period was $336,132 and the average discount was about $23,000, or 6.3%, which means that on average for the month of November homes in New Fairfield sold at  93.7% of the asking price.

 

During the same period last year only 12 homes sold in New Fairfield, but the average price was higher at $419,083 and the discount rate was at a significantly higher 9.8%. 

 

To take a look at the results for the entire year, 117 homes sold so far in 2011 through November 30th, at an average price of $396,831 and an average markdown of 7%.

 

In 2010 from January to November a similar number 118 homes sold, but again the average price was higher at $439,926 and the discount rate was a whopping 10.5%. The aggressive markdowns no doubt contributed to the lower (or more realistic) listing prices in 2011 and a narrowing of the difference between the asking price and the sold price. 

 

In New Fairfield, as in most areas, home prices were depressed by short sales and foreclosures, but boosted by our vibrant Candlewood Lake waterfront market, luxury new construction and sales of higher end homes in newer subdivisions.

 

If you are curious as to where your home might sell in this market, call me or log on to my website at candlewoodgreenbroker.com.

New Fairfield Real Estate, New Fairfield CT

 

 

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For Quality Solutions and Intellegent Answers to Your

Real Estate Needs or for Referrals, Consult With Olga

 

   

OLGA SIMONCELLI

Consultant

Real Estate Risk Management

203-482-2009 Cell

consultwitholga@gmail.com 

Visit My Website: www.thegoodrealestateagent.com

Your Local or Global Real Estate Consultant and “green broker. 

Candlewood Lake Real Estate

 

 

 

 

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