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New Milford CT Real Estate – Market Activity August 2009

September 7, 2009

New Milford CT Real Estate Market Watch

New Milford Connecticut Real Estate Market Activity

As of today’s date in New Milford, CT there are 286 active single family homes for sale on the market. This is down 10 from last months number of 296. This does include homes that are currently listed as under deposit, as they are still considered actively listed homes.

Average List Price: $491,157
Average Days on Market: 141 days
Minimum List Price: $100,000
Maximum List Price: $6,500,000

Please refer to the following chart for activity in New Milford, CT for August, 2008 compared to 2009. Historically, August is a down month for real estate. What these numbers continue to tell me is that pricing remains key. If you want or need to sell you home you must be aggressive in the pricing and marketing strategy. You must be the best in your “class”. If you are in the market to buy, it is a great time. Prices are still down from last year.

New Milford CT Real Estate Market Stats

New Milford CT Real Estate Market Stats

The above statistics are provided courtesy of Greater Fairfield County Multiple Listing Service (CMLS). Information provided is deemed reliable, but not necessarily accurate. There may be discrepancies, as mistakes in inputing can be made, and the fact that Connecticut has more than one multiple listing service. There may be instances where a home was/is for sale in New Milford and is on the other multiple listing service. Most of the homes for sale are listed on CMLS, therefore that is where I base my statistical information. I do believe it gives a good sense of what is happening in New Milford.

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