Bethel, CT

Bethel, Connecticut Real Estate Update
August, 2008

Closed home sales in Bethel, Connecticut:

There were 19 home sales closed in Bethel, CT.
List Prices ranged from $199,900 - $998,000.
Closed Sales Prices ranged from $206,000 - $885,000.

The average closed sales price in Bethel was $412,757.
The median closed sales price in Bethel was $400,000.

On average, these homes sold for 94.1% of their final list price.

Marketing time ranged from 37 - 817 days on market. The average was 198 days on market.

This compares with 13 closed sales in August, 2007, with an average sales price of $388,292 and a median sales price of $379,000.

Currently available homes for sale in Bethel, Connecticut:

Currently, there are 115 homes for sale in Bethel, CT.
List Prices range from $139,900 for a bank-owned fixer property to $1,100,000 for a Georgian-style colonial.

Bethel, Connecticut is a quaint New England town with a wonderful pedestrian-friendly downtown area with plenty of shops. Bethel borders Danbury to the west, Brookfield to the north and Redding to the south.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

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

Located at 282 Greenwood Ave. in Bethel, Connecticut is The Sycamore Restaurant. A unique eating experience where summer Saturday evenings is the time to drive up in your Cherry Coupe or Pickup Truck.

Hamburgers at the Sycamore Drive-In are made “French style.” That means that the grill man slaps a thick round circle of beef onto the grill then uses his spatula to flatten it out so far that the edges of the resulting circle are nearly paper thin. As the burger cooks, the middle gets nice and juicy while the circumference turns into a crusty web of beef. You can get it plain, doubled, or topped with all sorts of ingredients but the connoisseur’s choice here is the Dagwood burger. That’s a nice five-ounce patty with cheese and nearly every garnish known to mankind piled into a bun.

Beyond hamburgers, the Sycamore also offers frankfurters topped with bacon and sauerkraut, a fine “pot o’ beans,” and good chili. It is famous for its root beer, made on premises from a top-secret recipe and served in frosty glass mugs. The root beer varies from sweet to dry, depending on where in the barrel yours comes from, but whatever its nature on any day, it always makes the perfect basis of a root beer float.

The Sycamore is a genuine drive in with car-hop service (just blink your lights) and window trays for in-car dining. Indoors, there are booths and a long counter. It’s a true blast from the past!

In case you missed it, the New York Times ran a feature article about living in Bethel about a week ago. The article not only talks about the town but also the real estate market, which was about the same in 2007 as it was in 2006. Feel free to take a look at it here:

http://www.nytimes.com/2008/02/17/realestate/17livi.html?vendor=GABRIELS&partner=GABRIELS&ex=1203915600&en=1d1dc63de6dfbed5&ei=5103

There are currently 93 single family homes for sale in Bethel (per CMLS 2/23/08). The average asking price is $469,560 and has been on the market for 89 days. Currently, there are also 27 condos or townhomes for sale in Bethel. The average asking price is $311,370 with a market time of 75 days.

Neighborhoods in Bethel include Chimney Heights, Codfish Hill, Plumtrees Heights, Timber Oaks, Kingswood, Apple Woods and Lexington Meadows. Get in touch with me about moving to Bethel,CT and to know what homes prices are or for a personal tour!

Search for homes and condos for sale in Bethel, Connecticut.