Friday, April 3, 2009

New Milford Weekly Market Watch


April 3, 2009

Week in Review, New Milford, Connecticut

Single Family Homes

The market is showing signs of improvement!

There are currently 262 active single family home listings in New Milford, CT. That is down 1 listing from last week. Lowest price: $100,000. Highest price: $2,100,000, Out of these, 16 are under deposit (up 6 from last week), lowest price $179,900, highest price $495,000. Average list price: $357,568, Average market time: 123 days.

There are currently 10 homes that are pending, 4 less than last week. Lowest price: $163,800. Highest price: $449,000. The average list price of these is $270,574, average market time: 127 days.

11 homes are showing as sold. Average List price $350,283, average sale price: $329,909 average market time, 110 days. This is up 9 from last week!


Condominiums

There are currently 81 active condo listings in New Milford, CT, up 3 from last week.
Out of these, 7 are under deposit, lowest price $62,900, highest price $220,000. The average list price: $155,414, average market time: 97 days.

There are currently 10 condos that are pending, up 1 from last week. Lowest price: $129,500, highest price: $400,000. The average list price of these is $174,530. Average market time: 122 days.

No condos are showing as sold.

Information provided by Fairfield County CMLS. Information deemed reliable, but not necessarily accurate.

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