Do you want the real facts on the current real estate market in Roxbury, CT? It is still slow, despite what any national news reports might say. Sellers may not like that news, but for a buyer it can be a great time to buy. There are homes in all prices and sizes, from grand estates to modest homes.
Let's take a look at the stats for Roxbury, CT.
- 4 homes sold in September in Roxbury, CT
- currently there are 85 single family homes on the market in Roxbury, CT
- listings are selling at an average of 88.62% of the last listed price YTD
- listings are selling at an average of 83.42% of the original list price YTD
- for the homes that did sell this year, it took an average of 378 days to sell
For sellers, you can expect to sit on the market for a long time, over a year according to the stats. And you will be looking at some serious price reductions along the way, as well as negotiating even more if an offer does come in. If you don't have over a year to wait, you may want to consider a more aggressive list price and marketing strategy for your home. Price your home according to local market conditions, not just by looking at other homes that sold. With only 22 sales for the year it will be hard to find comps, time adjustments must be made in addition to the local market conditions.
For buyers, wow, what a time to buy. You can expect to get a home for quite a bit less than the asking price. The one thing I would stress is if you are considering a cash purchase that you make your offer contingent on an acceptable appraisal. There are some truly wonderful homes currently on the market in Roxbury, CT. You may want to read another post I wrote about purchasing a home in Litchfield County for more information specific to our real estate conditions.
Search for a home in Roxbury, CT.
September saw 4 homes sell in Roxbury.
- the average sale price for September 2012 was $480,000
- the median sale price for September was $477,500
Year to date the sales prices look much better, there were a few good months that pulled that up.
- YTD average sale price for 2012 is currently at $807,058
- YTD median sale price for 2012 is currently at $807,855
We have a wonderful little property listed for sale in Roxbury, CT. Set on over 3.5 acres, this little ranch would be perfect to expand on. I has been well cared for, has had mechanical upgrades and it in great condition. Currently listed at $315,000. Take a look at 2 Old Turnpike Rd East in Roxbury, CT.
Statistics provided by CMLS, considered 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
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