Redding, CT - March, 2011 Real Estate Market Report

Redding, Connecticut Real Estate Update
March, 2011

Closed home sales in Ridgefield, Connecticut:

There were 5 home sales closed in Redding, CT.

The median closed sales price in Redding was $280,000.

On average, these homes sold for 95% of their final list price.

Marketing time averaged 202 days on market.

NOTE: 60% of these sales were distressed sales - either short sales or bank-owned foreclosure properties.

This compares with 3 closed sales in this month last year, with a median sales price of $579,000.

Currently available homes for sale in Redding, Connecticut:

Currently, there are 86 homes for sale in Redding, CT.
List Prices range from $179,000 for a small fixer to $4,900,000 for an antique estate on 65 acres.

Redding, Connecticut is a wonderful New England town that has maintained its rural charm while becoming a popular residence of those who commute to lower Fairfield County or Westchester County 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.