Like most areas, New Milford, Connecticut homes sales have declined lately. Along with declining home values, we are also seeing declines in the number of homes actually selling. This graph shows the number of closed home sales in New Fairfield from the first half of 2000 (1H2000) through the first half of 2009 (1H2009).
As is apparent from the graph, we are seeing far fewer homes selling than we have in the past.
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
We all know that moving is a stressful experience.
Between the stress (or fun, depending on how you look at it) of selling your home in the first place, then packing, moving and starting over all over again in a new home, you're apt to want things to get a little easier.
Most of my clients use moving companies to help them with the move - whether it is just to physically move their belongings, or also to do all the packing, too. (I must admit, I've used the movers to also do my packing the last few times I've moved. It makes it such an easier experience.)
With my last move, besides everything showing up a few days late, about 1/3 of our belongings were broken - many of them crushed. Why not? Let's add a little more stress!
For some reason, with this move, I purchased additional insurance, which I usually decline. While they denied some items (like the couch that was literally crushed so that when sitting on it, you sank to the floor) they did compensate us for many other items. I forget the total amount, but I believe we received around $8,000 from the insurance company to compensate us for the damages. Then we went shopping!
Smart Money has published 10 Things Moving Companies Won't Say.
If you're planning a move any time soon, take a look and read some of these horror stories. Prepare yourself with the knowledge necessary to avoid similar situations. And, as I now recommend to my clients, if you're using a moving company consider either a reputable national company or one that comes very highly recommended from a friend.
Ridgefield, Connecticut Real Estate Update
May, 2009
Closed home sales in Ridgefield, Connecticut:
There were 12 home sales closed in Ridgefield, CT.
The median closed sales price in Ridgefield was $667,500.
On average, these homes sold for 91.4% of their final list price.
Marketing time averaged 224 days on market.
This compares with 19 closed sales in May, 2008, with a median sales price of $739,500.
Currently available homes for sale in Ridgefield, Connecticut:
Currently, there are 292 homes for sale in Ridgefield, CT.
List Prices range from $209,900 for a small ranch being sold as a short-sale to $10,000,000 for a 16,000 square foot contemporary showpiece.
Ridgefield, Connecticut is a wonderful New England town bordering New York's Westchester County. It is popular with those commuting to lower Fairfield County, Westchester County 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.
Bethel, Connecticut Real Estate Update
May, 2009
Closed home sales in Bethel, Connecticut:
There were 6 home sales closed in Bethel, CT.
The median closed sales price in Bethel was $286,000.
On average, these homes sold for 97.6% of their final list price.
Marketing time averaged 155 days on market.
This compares with 14 closed sale in May, 2008, with a median sales price of $350,000.
Currently available homes for sale in Bethel, Connecticut:
Currently, there are 108 homes for sale in Bethel, CT.
List Prices range from $149,900 for an bank-owned fixer property to $1,199,000 for a large colonial on over 5 acres.
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.
New Milford, Connecticut Real Estate Update
May, 2009
Closed home sales in New Milford, Connecticut:
Single Family Homes:
There were 15 single family home sales closed in New Milford, CT.
The median closed real estate sales price for single family homes in New Milford was $240,000.
On average, these homes sold for 93.5% of their final list price.
Days on Market averaged 202 days of market time.
This compares to 17 single family homes closed in May, 2008, with a median closed sales price of $307,500.
*** It is interesting to note that 40% of these New Milford sales were bank-owned foreclosure properties. An additional 20% of these sales were completed short sale situations.
Condos:
There were 3 condominium sales closed in New Milford, CT.
The median closed real estate sales price for condos in New Milford was $98,000.
On average, these homes sold for 97.9% of their list price.
This compares to 5 condos closed in May, 2008, with a median closed sales price of $177,000.
Currently available homes for sale in New Milford, Connecticut:
Single Family Homes:
Currently, there are 288 single family homes for sale in New Milford, CT.
List Prices range from $89,900 for an remodeled, antique bank-owned home to $6,500,000 for a new home on mor ethan 75 acres.
Condos:
Currently, there are 81 condos available for sale in New Milford, CT.
List prices range from $59,900 to $539,900.
New Milford, Connecticut, is the southernmost town in Litchfield County and is known as The Gateway to Litchfield County. The town borders the northeastern shores of Candlewood Lake. Several lake communities surround its Candlewood Lake shores, and typically offer a private beach for residents, boat docks and other amenities. New Milford enjoys a population of about 28,000 residents.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate.
Real estate sales in the Greater Danbury/Candlewood Lake area of Connecticut. Appraisal services for all of western Connecticut. Visit www.FabRealEstate.com today. For all your real estate needs...
For all your real estate needs...
Don Fabrizio-Garcia is a full-time real estate broker and appraiser. Don doesn’t mind answering your questions and holding your hand as you buy and/or sell your home. Appraisals: Don provides appraisal services throughout most of the state of Connecticut, primarily in the counties of
Real Estate and Appraisals
In addition, he serves as the Managing Broker of Nationwide Realty, as well as the instructor for CT Real Estate School, training future real estate licensees and preparing them to pass their state licensing examinations.
Don specializes in residential real estate, assisting buyers, sellers and investors with all of their real estate needs.
He also provides appraisal services throughout most of the state of Connecticut.
Buying & Selling Real Estate:
Don prides himself on his low-pressure approach to buying and selling a home. No rush. No pressure. He will work at your speed and provide you the advice you need. His goal is your complete happiness with your residential real estate transaction. His clients appreciate his honesty and integrity, and know they will not be pressured to buy or sell a house on anyone's timeline other than their own. They know they can rely on his advice and his refusal to lead them astray.
He understands that while he does this every day, his clients typically only buy and sell homes every few years at the most. Don enjoys taking what can be a stressful process for his clients and walking them through it, step-by-step, with a little bit of humor and a whole lot of compassion.
Rest assured that Don's help and guidance doesn't end once your transaction closes. He is always available with
referrals for contractors, information about your new neighborhood or schools, directions to the best stores, and
to help you in any way possible. Don realizes his business depends on satisfied clients and their referrals, and has
had the privilege of becoming friends with his clients -- friendships that last long after the deal has closed.
Because of this, Don gets to enjoy the pleasure and the privilege of helping the families and friends of his past clients with their own real estate transactions.
Don is also an appraiser in the state of Connecticut.
Prompt, reliable service is his trademark. For all your appraisal needs in Connecticut, just call Don.
While being a full-time real estate professional, Don is also active in his community. He is a licensed foster parent and an adoptive parent to three wonderful sons. He is a member of the PTO of all of his children's schools and often volunteers his time to assist in fundraising efforts. He loves pets, and his family has many, including dogs, parrots and fish. His family can often be found riding their bikes, gardening or boating on Candlewood Lake. Don also donates time and money to organizations that benefit children and animals, and regularly volunteers to speak to those attending foster parent training classes to share his stories with them.
Don proudly services home buyers and sellers looking for real estate and homes for sale in the towns of
New Fairfield, Danbury, Ridgefield, Redding, Bethel, New Milford, Brookfield, Sherman
and surrounding areas of western Connecticut and the Candlewood Lake area.
Fairfield, Litchfield, New Haven Hartford and Middlesex.
Condos – Single Family Homes – Waterfront – Investment Properties
Visit Don Fabrizio-Garcia on the web at www.FabRealEstate.com
Call Don direct at 203.746.1199
Licensed real estate broker and appraiser in Connecticut
www.FabRealEstate.com
Buying & Selling Real Estate:
Don specializes in residential real estate for home buyers, sellers and investors. Real estate and homes for sale in New Fairfield, Danbury, Sherman, Brookfield, New Milford, Bethel, and the Greater Candlewood Lake Area of western Connecticut.
From condos to mansions.
Waterfront properties.
First-time buyers and those moving up or downsizing.
Don has relocated cross-country twice, and is now back home, living and working in the area he grew up in. Don understands what it's like to buy and sell homes, to relocate across town or across country, from a personal
perspective.
Appraisals:
Don is an appraiser in the state of Connecticut, providing appraisal services through Advisory Appraisals.
He provides appraisals throughout most of the state of Connecticut, especially in the counties of Fairfield, Litchfield, New Haven, Hartford and Middlesex.
Condos – Single Family Homes – Waterfront – Investment Properties
We would recommend you in the highest regard. You helped us find what we wanted and helped us find our dream home. I wish I knew how we could give you the appropriate thanks for your caring assistance.
Please know, we are forever in your debt. Many thanks. You are the best.
R. Bueno and R. Stuart
Don made buying my first house very easy. He was always available to explain the various steps along the way, from making an offer to signing the final paperwork. He also made selling my first house just as easy and stress-free.
N. White
When my 99-year-old mother fell and had to move out of her home to a nursing facility, I had to sell her home quickly. The house was in poor condition, in need of a lot of work for which there was little time and little cash. Don to the rescue! Don quickly located a buyer who would expand and remodel the house anyway, so that the poor condition of the house was not a repair cost to be set off against the sale price. Don was sensitive to the conflicting objectives from the sale among family members and helpful to resolving them on a friendly basis. The sale was a complete success thanks to Don's skill.
J. Harrison
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