37% of the real estate market in New Milford CT is fantastic! The rest? Not so much…
I was asked a question yesterday while out showing homes, what is the average list to sale price in New Milford CT? It averages about 95%, of course that is the latest stated list price, it is not necessarily the price the home was originally listed at.
According to the Greater Fairfield County Multiple Listing Service (CMLS) the figures for the last 180 days in New Milford CT are as follows:
We have an average list to sale price in New Milford CT of 95%.
The percentage of homes that sold in New Milford CT was 37%. The rest either expired or are still sitting on the market.
So what does that mean if you want or need to sell your home in New Milford CT? Your listing price and the condition of your home are very important. They directly relate to each other. You have a 37% chance of selling your home!
As a real estate professional in the Greater New Milford CT area I would strongly suggest that if you are thinking of selling your home and want a successful outcome that you list your home at a reasonable price, that you clean it up, that you make it attractive to the buyer! Price your home according to the current real estate market, not according to what you want to make from the sale, or need to make from the sale. Next, marketing is key, give me a call to discuss my marketing plan tailored to your specific home.
If you need to sell and your home is not worth what you owe, do not despair, there may be a way. Give me a call to discuss a short sale for your home in New Milford CT. Short sales can and do happen!
Remember, 37% of the real estate market in New Milford CT is fantastic. Give me a call if you want to be in that 37%! The rest? Not so much….
A few of my posts about selling your home in the greater New Milford CT area.