Brookfield, CT

MARKTET REPORT, BROOKFIELC CT - HOMES SOLD IN JANUARY, 2012

The inventory of single family homes in Brookfield increased from 106 on January 1st to 111 on February 1st. The home prices ranged from $190,000 for a fixer-upper ranch to $1,995,000 for a Candlewood Lake waterfront. The average market time, per MLS, was 126 days. Of those homes, 5 were under deposit and in addition, 8 were in contract, which is a positive note and should be reflected in the sale numbers in the next Market Report for Brookfield. Four homes sold during the month of January for an average sale price of $298,000 and at an average discount of 5%.

This Market Report for Brookfield, CT is consistent with results for other neighboring communities in the Candlewood Lake area of Fairfield County - inventories are rising after a seasonal low during the holidays; average sale prices are low, reflecting distressed properties moving through the system; list prices are moderated by negotiations.

Below are details of homes sold in January in Brookfield, CT:

The tone of the overall real estate market in our area is good for 2012. The powerful year of the Dragon is beginning to show its strength, the feeling is that THE MARKET IS COMING BACK! National employment numbers are improving; they are better than we have seen in the last three years, current unemployment rate is down to 8.3%; inventories of homes are lower, prices are lower and mortgage interest rates remain extremely favorable. There appears to be pent-up demand among home buyers - they are out and looking! It's a good time to have your home on the market.

For more information regarding available homes and other market statistics concerning Brookfield Real Estate and the surrounding Candlewood Lake region in Connecticut, visit www.candlewoodgreenbroker.com.

Brookfield, Connecticut Real Estate Update
April, 2011

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 8 single family home sales closed in Brookfield, CT.

The median closed sales price was $352,500.
On average, these homes sold for 89% of their final list price.
Days on Market average 250 days of market time.

NOTE: 38% of these sales were distressed sales - either short sales or bank-owned properties.

This compares to 13 closed sales this month last year, with a median closed sales price of $338,000.

Condos:
There were 2 condominium sales closed in Brookfield, CT.
The median sales price was $242,500.


This compares to 1 closed sale this month last year, with a median sales price of $200,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 106 single family homes for sale in Brookfield, CT.
List Prices range from $190,000 for a fixer to $2,195,000 for a large waterfront home on Candlewood Lake.

Condos:
Currently, there are 34 condos for sale in Brookfield, CT. List prices range from $134,900 - $599,000.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

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.

Brookfield, Connecticut Real Estate Update
March, 2011

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 7 single family home sales closed in Brookfield, CT.

The median closed sales price was $380,000.
On average, these homes sold for 92% of their final list price.
Days on Market average 298 days of market time.

This compares to 5 closed sales this month last year, with a median closed sales price of $400,000.

Condos:
There were 2 condominium sales closed in Brookfield, CT.
The median sales price was $193,500.


This compares to 0 closed sales this month last year, with a median sales price of $0.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 106 single family homes for sale in Brookfield, CT.
List Prices range from $190,000 for a fixer to $2,195,000 for a large waterfront home on Candlewood Lake.

Condos:
Currently, there are 34 condos for sale in Brookfield, CT. List prices range from $134,900 - $599,000.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

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.

Exceptional rental opportunity in Brookfield,CT. Located at 17 Essex Court in the Rollingwood condominium development, this main level unit sparkles with new flooring, paint and updated appliances. The unit is minutes to the highway, shopping an Candlewood Lake. Available for immediate occupancy, this is a great opportunity to rent in Brookfield,CT.







Key Facts:
-$1250 a month, includes heat & hot water
-1 bedroom, 1 bath 750 square feet
-Updated appliances & lighting.
-New in unit washer/dryer
-Walk in closet in bedroom
-Storage unit in lower level
-Private deck faces woods
-On site recreation
--No pets, credit check, proof of employment, 2 months security & 1st month rent required.
-1 year lease, but can stay longer
-For more information or to arrange a showing, contact Jonathan Hall with William Pitt Sotheby’s International Realty at 203-417-0523.

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 4 single family home sales closed in Brookfield, CT.

The median closed sales price was $342,500.
On average, these homes sold for 97% of their final list price.
Days on Market average 297 days of market time.

This compares to 7 closed sales in February, 2010, with a median closed sales price of $440,000.

Condos:
There was 1 condominium sale closed in Brookfield, CT.
The median sales price was $117,000.


This compares to 0 closed sales in February, 2010 with a median sales price of $0.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 136 single family homes for sale in Brookfield, CT.
List Prices range from $159,900 for a bank-owned, unfinished cape to $2,295,000 for a large waterfront home on Candlewood Lake.

Condos:
Currently, there are 55 condos for sale in Brookfield, CT. List prices range from $129,900 - $509,900.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

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.