Real Estate Market Data for Redding, CT
by Dagny Eason of Dagny's Real Estate
Redding, a beautiful historic town, in Fairfield County, CT, was incorporated in 1767. This picturesque town has all Fairfield County has to offer, close proximity to New York City and those great Connecticut schools. Redding also gives you a rural setting with peace and quiet.
Among its notable residents, Mark Twain donated the first books to the Library.
Redding received the second place rating in Connecticut Magazine's "Rating the Towns 2012" in the Small CT Towns category.
If you are looking for a scenic, private, town, Redding is the right town for you.
Here are the Average Sales Prices
for Surrounding Towns in Fairfield County
Sales Prices for this year in Redding so far, hover a little under the $500,000 range. As you can see below Redding is a town that has a broad range of Sales Price Averages. It is not as consistant a town with Average Sales Prices as some of the surrounding towns.
In November 2012 an amazing country estate sold for $11,875,000 which brought the Sales Price Average way up in Redding, CT.
See graph below.
Sale Price Average 3 Year Comparison
Number of Sales- 3 Year Comparison
In February, 5 homes sold, same as the previous year. There were no sales in January of 2012 but 6 sold in January of 2013. Sales look very consistant in March and April of 2012 & 2011. In the summer months sales were definity up in 2012 vs 2011. It will be intersting to see what happens this summer.
Redding Sales History
In 2010, 76 homes sold with an average price of $701,770, in 2011, 79 homes sold with an average price of $629,891 and in 2012, 91 homes sold with an average price of $687,777.
Currently in Redding...
The Average sale price in February was $480,400 with 5 homes sold. There are currently 97 active listings and 10 pending in Redding.
Redding, CT - Statistics
- Population 9,158
- Median Resident Age 41.0
- Estimated Household Income $126,184
- Median House or Condo Value in 2012 $703,376
Norwalk Ct 2013 March Market Data