Litchfield County real estate information, local events and more.

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New Milford CT 06776 Real Estate Market Activity June 2011

New Milford CT real estate market

How's the real estate market in New Milford, CT? Check it out.

Currently in New Milford, CT there are 286 single family homes for sale.
This is up only 4 from last month at this time. Of these 4 are foreclosures. 

23 single family homes sold in New Milford, CT in May 2011. This is 10 more than the month of May, 2011. Of these homes that sold, the average list price was $358,798. The average sale price was $335,304, which is up from last month!. The average market time for these homes was 127 days, which is down from last month. The average sale price and amount of homes sold is up from May, which is a good thing all the way around! Of the 23 homes that sold, 2 were foreclosures.

The average list price of single family homes for sale in New Milford, CT is $479,922.

The average market time for these active listings in New Milford, CT is 152 days. (Up 10 days from this time last month.)

The highest price home for sale in New Milford, CT is $5,900,000, a beautiful estate belonging to a world famous comedienne, and located on the New Milford, New Preston, CT border. This home, as of today, has been on the market for over 2 years.

The lowest priced home for sale in New Milford, CT is 57,900, a foreclosure in a small community on the Housatonic River. This is a very small home and looks to be in rough condition.

Of the 286 single family homes for sale in New Milford, CT, 26 homes are under deposit. The average list price of these homes is $309,796, (down from last months $362,210 average list price), the average market time is 114 days. Currently none of these homes under deposit are foreclosures.

Currently there are 24 homes that are in the pending sale status in New Milford, CT. The average list price of these homes in the pending sale status is $342,897, 4 of these are foreclosures. The average market time for these homes is 128 days.

What does all of this mean? It would seem that the dollar amount and the amount of homes sold rose in May. This is a good thing overall. It is certainly still very important to price your home according to the current real estate market in New Milford, CT.

HOMES SOLD MONTH TO MONTH NEW MILFORD CT
New Milford CT real estate market
New Milford CT real estate market activity


Check out the previous home sale market activity report for May, 2011.

Interest rates are still low, housing prices are low, if you are ready to buy a home in New Milford, CT.

Click here to search for homes for sale in New Milford.

The above statistics are provided courtesy of Greater Fairfield County Multiple Listing Service (CMLS). Information provided is deemed reliable, but not necessarily accurate. There may be discrepancies, as
mistakes in inputing can be made, and the fact that Connecticut has more than one multiple listing service. There may be instances where a home was/is for sale in New Milford and is on the other multiple listing service. Most of the homes for sale are listed on CMLS, therefore that is where I base my statistical information. I do believe it gives a good sense of what is happening in New Milford.

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 5 commentsAndrea Swiedler • July 07 2011 01:12PM

Comments

Great reporting on your market Andrea.  It's so interesting to see what's going on in other parts of the country.  Like your graphs/photos.

Posted by Anna Banana Kruchten CRB, CRS 602-380-4886, Arizona's Top Banana! (Phoenix Property Shoppe) about 7 years ago

I like the line:  "How's the real estate market in ......." 

It's simple, direct and makes your reader want to learn the answer.  Good job.

Posted by Christine Hooks, Celebrating 25 Years in Real Estate! (Pino Agency) about 7 years ago

Great info Andrea...and isn't this better than all the stuff you had to do yesterday!

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) about 7 years ago

Hi Andrea, your market seems to be improving and getting stronger.  Great news and a great localism post.  Have a great evening!

Posted by Judith Parker, CRS, GRI, CMRS, Charlotte, NC (ProStead Realty) about 7 years ago

Andrea

Really good presentation and report. Love your use of pictures/graphs. Very well done and makes the entire report so interesting to read. Looks like your market is stabiizing,..

Happy selling!

Posted by Pacita Dimacali, Alameda/Contra Costa Counties CA (Alain Pinel) about 7 years ago

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