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New Milford CT, 06776 Real Estate Market Activity June 2010

July 5, 2010

New Milford CT, 06776 Real Estate Market Activity June 2010

New Milford CT Scenic countrysideCurrently in New Milford, CT there are 296 single family homes on the market.

The average list price of single family homes in New Milford, CT is $439,855.

The average market time for these active listings in New Milford, CT is 138 days.

The highest price home for sale in New Milford, CT is $5,900,000, a beautiful estate belonging to a world famous comedienne, and located on the New Milford, New Preston, CT border.

The lowest priced home for sale in New Milford, CT is $77,900, a 700 square foot foreclosure, in need of major renovations, located in the Candlewood Point Area. This home is finally under deposit!

Of the 296 single family homes active on the market in New Milford, CT, 21 are under deposit. The average list price of these homes is $336,513, and the average market time is 106 days.

Currently there are 27 homes that are in the pending sale status in New Milford, CT. The average list price of these homes is $323,599. The average market time for these homes is 101 days. Check out the previous home sale market activity report for May, 2010. List prices are heading down, we still see a good amount of homes in the pending sale status waiting to close. Because of the home buyers tax credit I believe the numbers are still a bit up from the previous year. And now that the deadline to close has been extended, these homes should close.

 

New Milford CT Market Stats May 2010

New Milford CT Market Stats May 2010

HALF YEAR COMPARISONS


Closed sales, 06776, January 2010 through June 2010
110 homes closed from January 2010 through June 2010. The average list price was $367,150, average sale price was $348,129, average days on market, 120 days.

Closed sales, 06776, January 2009 through June 2009
81 Homes closed from January 2009 through June of 2009. The average list price was $350,970, the average sale price was $328,915, average days on market, 139 days.

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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