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New Milford CT Weekly Market Update, June 13, 09

June 7, 2009

NM Market Watch New red arrow

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 andrea@andreaswiedler.com. I would be happy to discuss your options.

If you want to know what this means to you as a buyer? There are homes that are priced to sell and with current interest rates still looking good, and the first time home buyers tax credit of $8,000 there are homes that could work for you.

As a seller, what does this mean? You still need to be pro active and aggressive with the pricing of your home AND getting your home ready to sell. If you are thinking about putting your home on the market, please give me a call, I would be happy to discuss my marketing strategy with you.

SINGLE FAMILY HOMES
W/E 6/13/09 W/E 6/6/09
Active inc. under deposit 312 303
Lowest $ $89,900 $89,900
Highest $ $6,500,000 $6,500,000
Average $ $483,149 $484,155
Av. Days on Market 124 122
Under Deposit 24 18
Lowest $ $172,450 $172,430
Highest $ $499,000 $499,000
Average LP $ $339,794 $337,086
Av. Days on Market 99 110
Pending 15 18
Lowest $ $149,900 $149,900
Highest $ $550,000 $550,000
Average $ $374,287 $372,872
Av. Days on Market 123 117
Sold 3 3
Lowest $ $245,000 $308,000
Highest $ $400,000 $325,000
Average $ $387,467 $334,900
Av. Days on Market 181 212
CONDOMINIUMS
W/E 6/13/09 W/E 6/6/09
Active inc. under deposit 85 83
Lowest $ $59,900 $59,900
Highest $ $539,900 $539,900
Average $ $201,808 $204,177
Av. Days on Market 169 170
Under Deposit 5 5
Lowest $ $79,900 $79,900
Highest $ $189,000 $189,000
Average LP $ $139,740 $139,740
Av. Days on Market 97 105
Pending 12 13
Lowest $ $62,900 $62,900
Highest $ $400,000 $400,000
Average $ $164,308 $163,554
Av. Days on Market 114 110
Sold 2 0
Lowest $ $140,000
Highest $ $152,500
Average $ $157,200
Av. Days on Market 99

The information provided 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.

Information obtained from the Greater Fairfield County CMLS. All information deemed to be reliable but not necessarily accurate.

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3 Comments leave one →
  1. June 8, 2009 2:00 am

    Useful informtion, indeed.

  2. June 8, 2009 10:06 am

    Offer enough interesting information and very useful for me

  3. June 8, 2009 6:36 pm

    Mary, I am glad you found this useful!

    Anton, thank you. I am happy that you found this interesting.

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