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New Milford CT Weekly Real Estate Market Update

April 18, 2009 

Week in Review, New Milford, Connecticut 

Market Watch for New Milford CT

Single Family Homes 

The market is definitly showing signs of improvement. Not only in the numbers, but in speaking to other agents, they seem to be MUCH busier than they have been with buyers!

There are currently 268 active single family home listings in New Milford, CT. That is up 4 listing from last week. Lowest price: $100,000. Highest price: $2,100,000, Out of these, 22 are under deposit, that is up by 6 from last week, lowest price $100,00, highest price $629,900.  Average list price: $341,634, Average market time: 139 days. (Days on market seems to be coming down!)

There are currently 4 homes that are pending, 4 less than last week. Lowest price: $179,900. Highest price: $384,000. The average list price of these is $281,950, average market time: 103 days. 

homes are showing as sold, 1 up from last week. 2 of these homes were foreclosures.  Average List price $242,967, average sale price: $198,333 average market time, 50 days 

Condominiums 

There are currently 81 active condo listings in New Milford, CT, no change from last 2 previous weeks.

Out of these, 7 are under deposit, up 3 from last week, lowest price $98,700, highest price $220,000. The average list price: $153,000, average market time: 78 days.  That is down 6 days!

There are currently 2 condos that are pending, down 9 from last week. Lowest price: $89,000, highest price:$135,000. The average list price of these is $112,000. Average market time: 122 days. 

condo is showing as sold. . Sale price was $125,000, market time was 135 days. This information seems to be off, we will wait to see what happens for next week. There should have been more condos showing as sold. 

Information provided by the Greater Fairfield County CMLS. Information deemed reliable, but not necessarily accurate.

Andrea Swiedler, Realtor, Southern Litchfield County Real Estate

2017 President, Greater New Milford Board of Realtors

2017 Connecticut Magazine 5 Star Realtor

 

 Search homes for sale in Litchfield County, CT.

 

Coldwell Banker Residential Brokerage

Litchfield County Regional Office,375 Danbury Rd, New Milford, CT 06776

 

© Andrea Swiedler 2009 - 2017

 Always do right. This will gratify some people and astonish the rest. - Mark Twain

Comment balloon 4 commentsAndrea Swiedler • April 18 2009 06:49AM

Comments

Hey, I really like the visual look of this market report.  I especially like seeing that cute red arrow pointing UPWARDS!  Rock on!

Posted by Janna Scharf, Coeur d'Alene Idaho Real Estate Expert (Keller Williams Realty Coeur d'Alene) over 9 years ago

Janna, why thank you! LOL, I am thinking that is the way things are going now!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) over 9 years ago

ToulaRosebrock,com

Hi Andrea:

I like hearing that under deposit (we call it under contract here) are UP...

Let's hope it continues!

Posted by Toula Rosebrock, Broker/Sales Associate, Realtor, Lacey Township, (Diane Turton, Realtors, Forked River, NJ) over 9 years ago

Toula, funny, different things in different places. We go from CTS, contingent, or under deposit, to pending, which is under contract.

I too hope it continues. Thanks for stopping!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) over 9 years ago

Participate