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Will the spring market bring buyers to my house in New Milford CT?

New Milford CT real estateWe are seeing more buyers out looking at homes for sale in New Milford, CT, all over Litchfield County actually.  Yes. I am "cautiously optimistic" about the spring market here in Litchfield County, the overall news about the economy is sending mixed messages so anything goes I suppose. But yes, more buyers are out there looking, more homes are going under deposit than I have seen in a long time.

But (there is always a but, isn't there)

There are many homes on the market for sale, in New Milford, CT, in Litchfield County. When I did the latest real estate market report for New Milford, only 13 homes had sold in March of 2012. The absorption rate was high, it would take 17 months to sell the current inventory, if nothing else came on the market, based on the last 6 months of sales.

So, how to answer the question, will the spring market bring buyers to my New Milford, CT house? Bring THE buyer to my house? Are you willing to price your home to sell? Will your home below the best competition? Will you make your home easily accessible for showings? Will you clean it up, spruce it up, fix it up? Because if you aren't willing to do these things, chances are your home won't sell in New Milford, CT, in any real estate market to be honest.

If you are interested in selling your Litchfield County CT home, make sure you are are really interested in selling your home, not helping the guy down the street sell his well priced home!

Once you decide you can do the right thing to get your home sold, let us help you take it all the way. check out our intensive marketing program for our listings in Litchfield County CT.

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.

 

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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 8 commentsAndrea Swiedler • April 09 2012 04:37AM

Comments

My business has been better than last year up to this point. I am cautiously optimist. 

Posted by James Quarello, Connecticut Home Inspector (JRV Home Inspection Services, LLC) about 7 years ago

Good morning, Andrea..... cautiously optimistic is the right phrase.... everything needs to be aligned....the buyers need to be qualified and the seller needs to be realistic about price or there will be no spring market.

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) about 7 years ago

We are definitely picking up in Steamboat Springs, and it's a welcome environment. There are many more pendings than when you look at year ago numbers and our inventory at some price points is finally whittled down...and we even had a few impressive new home building permits issued in March. BUT (b/c as you said, there always is one) if you have your home listed but fall short on doing the things you mentioned in your post (pricing correctly, having it well staged, making it available to show etc.), it doesn't matter how good the market is looking...your home will take longer to sell. Thanks for the positive news post and glad to hear things are getting better in your area too!

Posted by Charlie Dresen, Steamboat Springs, CO e-Pro (Steamboat Sotheby's International Realty) about 7 years ago

Jim, I am glad to hear that as you are directly connected to our business. Cautiously optimistic is the way to go!

Barbara, it does need to be aligned as you say. If one side is out of whack, it will not come together! Otherwise we will just be looking at all the pretty flowers this spring.

Charlie, glad you are picking up in Steamboat Springs CO. Keeping it that way is the issue. I hope we can, but people just need to be realistic!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) about 7 years ago

Real estate demands cautious optimism! This is a terrific post, Andrea and a great reminder for our sellers that genuine motivation is key... and a great reminder to agents that we are interviewing sellers just as much as they are interviewing us. If they're not ready to do it the "right" way, we really shouldn't waste our time, energy & resources. May the spring market treat you well!

Posted by Brenda Mayette, Getting results w/ knowledge & know-how! (Miranda Real Estate Group, Inc.) about 7 years ago

I have more active buyer customers now than at any one time over the past year...a good sign I hope!

Posted by Gary L. Waters Broker Associate, Bucci Realty, Fifteen Years Experience in Brevard County (Bucci Realty, Inc.) about 7 years ago

17 months Andrea?  That's a long time. You gave very valuable advice though if a current Seller wants the Buyer to come to their home. Very valuable advice.

Posted by Al & Peggy Cunningham, Brokers, Our Family Wants To Help Your Family! (RE/MAX West Realty Inc., Brokerage) about 7 years ago

While there is certainly more activity like you mention it is not an automatic invitation to overprice your home. That will not take you far!

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) about 7 years ago

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