Brookfield, Connecticut Real Estate Update
May, 2009
Closed home sales in Brookfield, Connecticut:
Single Family Homes:
There were 10 single family home sales closed in Brookfield, CT.
The median closed sales price was $425,000.
On average, these homes sold for 94.0% of their final list price.
Days on Market average 197 days of market time.
This compares to 17 closed sales in May, 2008, with a median closed sales price of $475,000.
Condos:
There were 7 condominium sales closed in Brookfield, CT.
The median sales price was $280,000.
These units sold for 93.5% of the most recent list price.
This compares to 8 closed sales in May, 2008 with a median sales price of $217,000.
Currently available homes for sale in Brookfield, Connecticut:
Single Family Homes:
Currently, there are 120 single family homes for sale in Brookfield, CT.
List Prices range from $185,000 for an antique cape to $2,495,000 for a Lake Lillinonah waterfront home.
Condos:
Currently, there are 41 condos for sale in Brookfield, CT. List prices range from $130,000 for a one-bedroom unit to $609,900 for a new unit in an active adult community.
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
Connecticut 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.
Danbury, Connecticut Real Estate Update
May, 2009
Closed home sales in Danbury, Connecticut:
Single Family Homes:
There were 25 single family home sales closed in Danbury, CT.
The median closed real estate sales price for single family homes in Danbury was $265,000.
On average, these homes sold for 94.9% of their most recent list price.
Days on Market averaged 121 days of market time.
This compares with 17 closed sales in May, 2008, with a median closed sales price of $339,000.
*** What is interesting to note is that of these 25 sales in May of 2009, 28% of these sales were bank-owned foreclosure homes - more than 1/4 of all sales in Danbury were foreclosure sales. As foreclosure properties are typically priced just under market value, this can be seen to indicate why the days on market is so much lower than normal, as well as play a role in the declining values compared to May of 2008.
Condos:
There were 19 condominium sales closed in Danbury, CT.
The median closed sales price was $205,000.
On average, these homes sold for 93.2% of their most recent list price.
This compares with 27 closed sales in May, 2008, with a median closed sales price of $268,000.
Currently available homes for sale in Danbury, Connecticut:
Single Family Homes:
Currently, there are 274 single family homes for sale in Danbury, CT.
List Prices range from $135,000 for an older bank-owned home to $2,290,000 for a large Candlewood Lake waterfront home with guest house.
Condos:
Currently, there are 226 condos available for sale in Danbury, CT.
List prices range from $69,900 - $759,900.
Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut 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
Sherman, Connecticut Real Estate Update
May, 2009
Closed home sales in Sherman, Connecticut:
There were 10 home sales that closed in Sherman during May, 2009.
Average and median sales price was $397,500.
This compares with 6 closed sales in May, 2008, with a median sales price of $658,750.
Currently available homes for sale in Sherman, Connecticut:
Currently, there are 58 homes for sale in Sherman, CT.
List Prices range from $275,000 for a small bungalo with beach rights to $3,199,000 for a spacious antique estate.
Sherman, Connecticut is a small semi-rural community of about 4,000 residents that borders New York State to the west, New Fairfield to the south and hugs the northwestern shores of Candlewood Lake. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. The northernmost town in Fairfield County, Sherman is often cited as being the fastest growing town in Connecticut per capita, yet still retains its rural roots and charm.
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
May, 2009
Closed home sales in New Fairfield, Connecticut:
There were 8 home sales closed in New Fairfield, CT.
The median closed real estate sales price for New Fairfield was $351,250.
On average, these homes sold for 95.7% of their final list price.
Days on Market averaged 121 days of market time.
This compares with 7 closed sales in May, 2008, with a median sales price of 500,000.
Currently available homes for sale in New Fairfield, Connecticut:
Currently, there are 155 homes for sale in New Fairfield, CT.
List Prices range from $145,000 for a small, bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres.
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
Ridgefield, Connecticut Real Estate Update
April, 2009
Closed home sales in Ridgefield, Connecticut:
There were 9 home sales closed in Ridgefield, CT.
The median closed sales price in Ridgefield was $635,000.
On average, these homes sold for 94.9% of their final list price.
Marketing time averaged 269 days on market.
This compares with 19 closed sales in April, 2008, with a median sales price of $595,000.
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.
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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