New Fairfield, CT

New Fairfield, Connecticut Real Estate Update
May, 2008

Closed home sales in New Fairfield, Connecticut:

There were 8 home sales closed in New Fairfield, CT.
List Prices ranged from $179,900 - $3,660,000.
Closed Sales Prices ranged from $174,000 - $3,000,000.

The average closed real estate sales price for New Fairfield was $808,937.
The median closed real estate sales price for New Fairfield was $533,000.
On average, these homes sold for 88.8% of their final list price. However, when we remove the $3,000,000 sale, which is not common in New Fairfield, then the list/sale price ration changes to 95.7%, which is in line with what we've seen in the recent past.
Days on Market ranged from 40 - 235 days, with the average being 126 days of market time.

This compares with 16 closed sales in May, 2007, with an average sales price of $520,899 and a median sales price of $386,450.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 122 homes for sale in New Fairfield, CT.
List Prices range from $159,000 for a small cottage in need of work to $21,000,000 for a Victorian-style home on Candlewood Lake.

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 & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

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

New Fairfield, Connecticut Real Estate Update
April, 2008

Closed home sales in New Fairfield, Connecticut:

There were 6 home sales closed in New Fairfield, CT.
List Prices ranged from $310,000 - $1,695,000.
Closed Sales Prices ranged from $302,500 - $1,565,000.

The average closed real estate sales price for New Fairfield was $640,475.
The median closed real estate sales price for New Fairfield was $405,675.
On average, these homes sold for 94.4% of their final list price.
Days on Market ranged from 43 - 239 days, with the average being 110 days of market time.

This compares with 12 closed sales in April, 2007, with an average sales price of $533,541 and a median sales price of $434,750.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 117 homes for sale in New Fairfield, CT.
List Prices range from $159,000 for a small cottage in need of work to $10,000,000 for a 41 acre waterfront estate.

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 & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

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

New Fairfield, Connecticut Real Estate Update
March, 2008

Closed home sales in New Fairfield, Connecticut:

There were 8 home sales closed in New Fairfield, CT.
List Prices ranged from $179,900 - $529,900.
Closed Sales Prices ranged from $179,900 - $503,000.

The average closed real estate sales price for New Fairfield was $349,724.
The median closed real estate sales price for New Fairfield was $344,950.
On average, these homes sold for 96.2% of their final list price.
Days on Market ranged from 36 - 448 days, with the average being 172 days of market time.

This compares with 6 closed sales in March, 2007, with an average sales price of $519,000 and a median sales price of $507,500.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 107 homes for sale in New Fairfield, CT.
List Prices range from $189,900 for a small, older colonial home to $2,895,000 for a proposed new construction waterfront home on Candlewood Lake.

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 & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

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

The New Fairfield, Connecticut, Youth Commission is sponsoring the town's Going Green Campaign.

Local residents can pledge to do their part to save the environment.

Visit www.NFGoingGreen.com today to make your pledge. They have already exceeded their goal of having 250 homes pledge to do their part. But that doesn't mean there isn't room for more...

Don Fabrizio-Garcia, REALTOR
Connecticut Real Estate & Appraisals
Keller Williams CT Realty
203.746.1199
Connecticut Real Estate and Homes for Sale

New Fairfield, Connecticut Real Estate Update
February, 2008

Closed home sales in New Fairfield, Connecticut:

There were 9 home sales closed in New Fairfield, CT.
List Prices ranged from $215,000 - $1,099,000.
Closed Sales Prices ranged from $200,000 - $1,040,000.

The average closed real estate sales price for New Fairfield was $494,850.
The median closed real estate sales price for New Fairfield was $385,000.
On average, these homes sold for 94% of their final list price.
Days on Market ranged from 124 - 569 days, with the average being 321 days of market time.

This compares with 1 closed sales in February, 2007, with an average sales price of $494,604 and a median sales price of $392,500.


Currently available homes for sale in New Fairfield, Connecticut:

Currently, there are 105 homes for sale in New Fairfield, CT.
List Prices range from $189,900 for a small, older colonial home to $2,895,000 for a proposed new construction waterfront home on Candlewood Lake.

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 & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

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