New Fairfield, CT - January, 2008 Real Estate Market Report

New Fairfield, Connecticut Real Estate Update
January, 2008

Closed home sales in New Fairfield, Connecticut:

There were 9 home sales closed in New Fairfield, CT.
List Prices ranged from $129,900 - $1,395,000.
Closed Sales Prices ranged from $135,000 - $1,200,000.

The average closed real estate sales price for New Fairfield was $503,944.
The median closed real estate sales price for New Fairfield was $417,500.
On average, these homes sold for 92.3% of their final list price.
Days on Market ranged from 59 - 566 days, with the average being 211 days of market time.

This compares with 12 closed sales in January, 2007, with an average sales price of $610,091 and a median sales price of $583,750.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 97 homes for sale in New Fairfield, CT.
List Prices range from $189,900 for a small, older colonial home  to $3,660,000 for a two-home waterfront compound.

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