New Milford CT, 06776 Real Estate Market Activity January 2011
Currently in New Milford, CT there are 218 single family homes for sale. This is 4 more than last month, however it is a significant drop since November 2010 and previous months. 11 of these homes are foreclosures.
9 single family homes sold in New Milford, CT in January 2011. Average list price: $$315,478. Average sale price: $297,389. One of these homes was a foreclosure. This is down from December 2010 when 26 homes sold.
The average list price of single family homes for sale in New Milford, CT is $454,482.
The average market time for these active listings in New Milford, CT is 197 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 almost 2 years.
The lowest priced home for sale in New Milford, CT is $99,000, a small home in Gaylordsville. The house is being sold “as is”, the estate says they cannot do any repairs. The house has a cesspool as opposed to a septic system and probably has a few other issues.
Of the 218 single family homes for sale in New Milford, CT, 5 homes are under deposit. This is the same as last month at the same time. It could be due to the weather we are experiencing, it is certainly not the best to get people out and looking. The average list price of these homes is $458,160, (up since last month) and the average market time is 100 days.
Currently there are 18 homes that are in the pending sale status in New Milford, CT. Out of these homes, 4 are foreclosures. The average list price of these homes in the pending sale status is $293,804. The average market time for these homes is 106 days.
HOMES SOLD MONTH TO MONTH NEW MILFORD CT
Interest rates are still low, housing prices are low, if you are ready 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.