Sunday, April 12, 2009

New Milford Weekly Market Watch


April 10, 2009

Week in Review, New Milford, Connecticut

Single Family Homes

Although the numbers don’t show it, I know that I am busier than I have been, and my office is busier! I believe we are seeing an improvement in the market.

There are currently 264 active single family home listings in New Milford, CT. That is up 2 listing from last week. Lowest price: $100,000. Highest price: $2,100,000, Out of these, 16 are under deposit (same as last week), lowest price $179,900, highest price $495,000. Average list price: $357,568, Average market time: 144 days.

There are currently 8 homes that are pending, 2 less than last week. Lowest price: $163,800. Highest price: $449,000. The average list price of these is $287,746, average market time: 147 days.

2 homes are showing as sold. Average List price $201,850, average sale price: $202,800 average market time, 49 days. This is down by 9 homes!


Condominiums

There are currently 81 active condo listings in New Milford, CT, no change from last week.
Out of these, 4 are under deposit, lowest price $99,900, highest price $220,000. The average list price: $164,475, average market time: 84 days.

There are currently 11 condos that are pending, up 1 from last week. Lowest price: $129,500, highest price:$400,000. The average list price of these is $170,936. Average market time: 129 days.

2 condos are showing as sold. This is up 2 from last week. Average List price $140,500, average sale price: $131,750 average market time, 91 days.

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

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