New Fairfield, CT - April 2011 Real Estate Market Report

New Fairfield, Connecticut Real Estate Update
April, 2011

Closed home sales in New Fairfield, Connecticut:

There were 11 home sales closed in New Fairfield, CT.

The median closed real estate sales price for New Fairfield was $375,000.

On average, these homes sold for 88% of their final list price.

Days on Market averaged 261 days of market time.

** Only 1 of these sales were distressed sales - bank-owned properties or short sales.

This compares with 15 closed sales in this month one year ago, with a median sales price of $412,000.

Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 87 homes for sale in New Fairfield, CT.
List Prices range from $74,500 for a bank-owned fixer to $2,450,000 for a spacious Candlewood Lake waterfront home.

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 Broker
203.947-1107
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate