New Milford CT, 06776 Real Estate Market Activity December 2010
Currently in New Milford, CT there are 214 single family homes for sale. Out of these, 10 are foreclosures. This is a significant drop of homes on the market, but could be due to the holidays. Many listing contracts were set to expire at the first of the year, so we shall see what happens over the next few weeks.
26 single family homes sold in New Milford, CT in December 2010.
The average list price of single family homes for sale in New Milford, CT is $454,249.
The average market time for these active listings in New Milford, CT is 195 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. This home, as of today, has been on the market for 612 days.
The lowest priced home for sale in New Milford, CT is $135,000, a small home in the downtown section of New Milford.
Of the 214 single family homes for sale in New Milford, CT, 5 homes are under deposit. This is again down from last month but is probably due to the holidays. The average list price of these homes is $355,236, and the average market time is 88 days.
Currently there are 25 homes that are in the pending sale status in New Milford, CT. The average list price of these homes is $295,126. The average market time for these homes is 90 days.
Total Single Family Homes Sold in New Milford, CT for 2009: 183
Total Single Family Homes Sold in New Milford, CT for 2010: 216
With the current interest rates being so low and the current housing prices, it really is a great time to buy a home in New Milford, CT. Click here to search for homes for sale in New Milford.
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.