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New Milford CT Weekly Real Estate Market Update

April 25, 2009

Week in Review

April 24, 2009 Week in Review, New Milford, CT

Single Family Homes

Spring will usually bring out buyers, and I believe we are continuing to see an upward trend. With rates still low and housing prices at a reasonable price, this could be the time to buy!

There are currently 274 active single family home listings in New Milford, CT. That is up 10 listing from last week. Lowest price: $100,000, average list price: $478,678, average days on market, 130. Highest price: $1,995,000. Out of these, 29 are under deposit, that is up by 7 from last week, lowest price $100,00, highest price $629,900. Average list price: $351,359, Average market time: 115 days. (Days on market definitely coming down!)

There are currently 9 homes that are pending, 5 more than last week. Lowest price: $179,900, highest price: $375,000. Average list price: $283,055. Average market time: 149 days.

3 homes are showing as sold, same as last week. Average List price $417,966, average sale price: $401,666, average market time, 199 days.


There are currently 66 active condo listings in New Milford, CT, this is 15 less than the 2 previous weeks. Lowest price: $62,900. Highest price: $539,900. Average market time, 185 days.

Out of these, 7 are under deposit, same as last week, lowest price $98,700, highest price $189,000. The average list price: $146,800, average market time: 85 days.

There are currently 11 condos that are pending, up 9 from last week. Lowest price: $89,000, highest price:$170,000. The average list price of these is $164,527. Average market time: 117 days.

condo is showing as sold. Average list price: $174,750. Average sale price: $164,000, market time was 56 days.

The above information is only as good as the agents who list the properties. If the information is not entered into the multiple listing service in a timely manner, or incorrectly this will skew the data. However, I do believe it to be a fairly accurate assessment of the current real estate market in New Milford.

Are you looking to buy or sell in the greater New Milford area? Give me a call at 203.460.1775, sign up for a listingbook account to search the area MLS, or send me an email to I would be happy to discuss your options.

Information provided by the Greater Fairfield County CMLS. Information deemed reliable, but not necessarily accurate.

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