New Milford CT Market Watch, September, October 2009

New Milford Connecticut Market Watch, Real Estate Statistics for New Milford CT.
Current Activity in New Milford CT:

Active Single Family Home Listings
249 homes
Average List Price: $491,875, Minimum Price: $65,000, Maximum Price: $5,900,0000
Average Market Time
151 days
Homes Under Deposit
13 homes
Average List Price: $333,692, Minimum Price: $179,000, Maximum Price: $569,900
Average Market Time
106 days
Homes in Pending Sale Status
17 homes
Average List Price: $352,906, Minimum Price: $79,200, Maximum Price: $1,475,000
Average Market Time
110 days

Although the following statistics say that the average sale price has continued to drop, we are seeing more activity as evidenced by the home that are currently in the "under deposit" and "pending" status. Most of the activity that agents have noted is the first time home buyer market. Pricing well is KEY, as well as preparing a home to enter the market! We are seeing an increase in foreclosures and short sales, we are a bit behind other parts of the country with this. I am thinking we have only just begun in this aspect.

September 2008/September 2009 Sales, New Milford, CT

October 2008/October 2009 Sales, New Milford, CT

Information is deemed reliable but not necessarily accurate, all statistics are gathered from the Greater Fairfield County Multiple Listing Service. (CMLS).

Andrea Swiedler, REALTOR, Prudential Adams & Associates, REALTORS

337 Danbury Rd, New Milford, CT 06776, Cell: 203.460.1775 Email: andrea@andreaswiedler.com

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New Milford CT Weekly Market Update, June 6, 09

Are you looking to buy or sell in the greater New Milford area? Give me a call at 203.460.1775, sign up for a listingbook account to search the area MLS, or send me an email to andrea@andreaswiedler.com. I would be happy to discuss your options.

SINGLE FAMILY
	W/E 6/6/09	W/E 5/30/09
Active inc. under deposit	303	299
Lowest $	$89,900	$99,900
Highest $	$6,500,000	$6,500,000
Average $	$484,155	$480,640
Av. Days on Market	122	121
Under Deposit	18	21
Lowest $	$172,430	$229,000
Highest $	$499,000	$529,900
Average LP $	$337,086	$364,814
Av. Days on Market	110	103
Pending	18	16
Lowest $	$149,900	$100,000
Highest $	$550,000	$550,000
Average $	$372,872	$334,287
Av. Days on Market	117	151
Sold	3	3
Lowest $	$308,000	$240,000
Highest $	$325,000	$345,000
Average $	$334,900	$309,967
Av. Days on Market	212	83

Technorati Tags: New Milford CT market watch,real estate in new milford ct

Single Family Sales, May 08 compared to May 09

	May-08	May-09
SOLD	17	16	-5%
AV LIST PRICE	$344,235	$271,503	-21%
AV SALE PRICE	$332,676	$253,338	-24%
AV DOM	109	77	-29%

 

CONDOMINIUMS
	W/E 6/6/09	W/E 5/30/09
Active inc. under deposit	83	80
Lowest $	$59,900	$69,900
Highest $	$539,900	$539,900
Average $	$204,177	$208,705
Av. Days on Market	170	176
Under Deposit	5	4
Lowest $	$79,900	$99,900
Highest $	$189,000	$169,900
Average LP $	$139,740	$140,950
Av. Days on Market	105	96
Pending	13	15
Lowest $	$62,900	$62,900
Highest $	$400,000	$400,000
Average $	$163,554	$160,940
Av. Days on Market	110	114
Sold	0	1
Lowest $		$154,900
Highest $		$154,900
Average $		$154,900
Av. Days on Market		48

Condo Sales, May 08 compared to May 09

	May-08	May-09
SOLD	5	3	-40%
AV LIST PRICE	$176,890	$117,833	-33%
AV SALE PRICE	$172,800	$115,300	-33%
AV DOM	113	34	-70%

The information provided is only as good as the agents who list the properties. If the information is not entered into the multiple listing service in a timely manner, or incorrectly this will skew the data. However, I do believe it to be a fairly accurate assessment of the current real estate market in New Milford.

Information obtained from the Greater Fairfield County CMLS. All information deemed to be reliable but not necessarily accurate.

New Milford CT Weekly Market Update, May 23

Technorati Tags: New Milford CT real estate information,Local area market watch

I have decided to change the format of my weekly market update, this should be easier to read and easier to compare to the previous weeks stats. I hope you enjoy it.

The following information is only as good as the agents who list the properties. If the information is not entered into the multiple listing service in a timely manner, or incorrectly this will skew the data. However, I do believe it to be a fairly accurate assessment of the current real estate market in New Milford.

Are you looking to buy or sell in the greater New Milford area? Give me a call at 203.460.1775, sign up for a listingbook account to search the area MLS, or send me an email to andrea@andreaswiedler.com. I would be happy to discuss your options.

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

SINGLE FAMILY HOMES
	W/E 5/23/09	W/E 5/16/09
Active inc. under deposit	289	285
Lowest $	$120,000	$104,900
Highest $	$650,000	$6,500,000
Average $	$484,978	$486,717
Av. Days on Market	122	122
Under Deposit	$19	22
Lowest $	$144,000	$100,000
Highest $	$529,900	$550,000
Average LP $	$352,910	$371,313
Av. Days on Market	81	85
Pending	22	15
Lowest $	$100,000	$179,900
Highest $	$550,000	$545,000
Average $	$335,599	$324,333
Av. Days on Market	128	104
Sold	1	1
Lowest $	$314,900	$565,000
Highest $	$314,900	$565,000
Average $	$285,000	$565,000
Av. Days on Market	14	41
CONDOMINIUMS
	W/E 5/23/09	W/E 5/16/09
Active inc. under deposit	80	78
Lowest $	$69,900	$69,900
Highest $	$539,900	$539,900
Average $	$206,649
Av. Days on Market	172	177
Under Deposit	4	4
Lowest $	$99,900	$99,900
Highest $	$169,900	$169,900
Average LP $	$140,950	$140,950
Av. Days on Market	88	86
Pending	15	15
Lowest $	$62,900	$62,900
Highest $	$400,000	$400,000
Average $	$160,940	$163,007
Av. Days on Market	114	110
Sold	0	0
Lowest $
Highest $
Average $
Av. Days on Market	0	0

 

Real Estate Snapshot, Week in Review May 2, 09.

Single Family Homes

We are still seeing signs of improvement!

There are currently 273 active single family home listings in New Milford, CT. That is down 1 listing from last week. Lowest price: $100,000, average list price: $488,298, average days on market, 127. Highest price: $6,500,000. Out of these, 21 are under deposit, that is down 1 from last week, lowest price $100,00, highest price $550,000. Average list price: $328,324, Average market time: 103 days. (Days on market still coming down!)

There are currently 18 homes that are pending, 9 more than last week. Lowest price: $179,900, highest price: $629,900. Average list price: $317,197. Average market time: 130 days.

3 homes are showing as sold, same for the third week in a row. Average List price $419.933, average sale price: $399,500, average market time, 113 days.

Condominiums

There are currently 77 active condo listings in New Milford, CT, this is 11 more than last week. Lowest price: $62,900. Highest price: $532,900. Average market time, 170 days.

Out of these, 7 are under deposit, same as the last 2 weeks, lowest price $98,700, highest price $169,000. The average list price: $146,800, average market time: 63 days. The days on market have dropped significantly!

There are currently 12 condos that are pending, up 1 from last week. Lowest price: $89,000, highest price: $400,000. The average list price of these is $173,117. Average market time: 119 days.

3 condos are showing as sold. Average list price: $151,633. Average sale price: $146,000, market time was 91 days.

(The above information is only as good as the agents who list the properties. If the information is not entered into the multiple listing service in a timely manner, or incorrectly this will skew the data. However, I do believe it to be a fairly accurate assessment of the current real estate market in New Milford.)

Are you looking to buy or sell in the greater New Milford area? Give me a call at 203.460.1775, sign up for a listingbook account to search the area MLS, or send me an email to andrea@andreaswiedler.com. I would be happy to discuss your options.

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

New Milford Weekly Market Watch

April 18, 2009

Week in Review, New Milford, Connecticut

Single Family Homes

The market is definitly showing signs of improvement. Not only in the numbers, but in speaking to other agents, they seem to be MUCH busier than they have been with buyers!

There are currently 268 active single family home listings in New Milford, CT. That is up 4 listing from last week. Lowest price: $100,000. Highest price: $2,100,000, Out of these, 22 are under deposit, that is up by 6 from last week, lowest price $100,00, highest price $629,900. Average list price: $341,634, Average market time: 139 days. (Days on market seems to be coming down!)

There are currently 4 homes that are pending, 4 less than last week. Lowest price: $179,900. Highest price: $384,000. The average list price of these is $281,950, average market time: 103 days.

3 homes are showing as sold, 1 up from last week. 2 of these homes were foreclosures. Average List price $242,967, average sale price: $198,333 average market time, 50 days.

Condominiums

There are currently 81 active condo listings in New Milford, CT, no change from last 2 previous weeks.

Out of these, 7 are under deposit, up 3 from last week, lowest price $98,700, highest price $220,000. The average list price: $153,000, average market time: 78 days. That is down 6 days!

There are currently 2 condos that are pending, down 9 from last week. Lowest price: $89,000, highest price:$135,000. The average list price of these is $112,000. Average market time: 122 days.

1 condo is showing as sold. . Sale price was $125,000, market time was 135 days. This information seems to be off, we will wait to see what happens for next week. There should have been more condos showing as sold.

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

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.

New Milford Weekly Market Watch

Single Family Homes

There are currently 263 active single family home listings in New Milford, CT. That is up 7 listings from last week. Lowest price: $100,000. Highest price: $2,100,000, Out of these, 10 are under deposit (up 3 from last week), lowest price $179,900, highest price $615,000. Average list price: $349, 170, Average market time: 142 days.

There are currently 14 homes that are pending, 2 less than last week. Lowest price: $80,000. Highest price: $359,999. The average list price of these is $296,611, average market time: 127 days.

2 homes are showing as sold. Average List price $314,950, average sale price: $311,500, average market time, 108 days.

Condominiums

There are currently 78 active condo listings in New Milford, CT, down 2 from last week. Out of these, 5 are under deposit, lowest price $129,000, highest price $220,000. The average list price: $153,180, average market time: 100 days.

There are currently 9 condos that are pending, down 2 from last week. Lowest price: $129,500, highest price: $179,900. The average list price of these is $154,933. Average market time: 122 days.

2 condos are showing as sold. Average list price $116,950, average sale price $108,450, average market time: 116 days.

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

Week in Review, Market Watch

March 14, 2009, Week in Review, New Milford, Connecticut

Single Family Homes

There are currently 260 active single family home listings in New Milford, CT.
Lowest price: $100,000
Highest price: $2,100,000
Out of these, 9 are under deposit, lowest price $179,900, highest price $699,900
Average list price: $370,189, Average days on market: 133

There are currently 5 homes that are pending.
Lowest price: $199,900
Highest price: $500,000
The average list price of these is $299,829. Average days on market: 98

No homes are showing as sold on the multiple listing service for the past week. That may be due to sold property not being entered into the service yet.

Condominiums

There are currently 78 active condo listings in New Milford, CT.
Out of these, 4 are under deposit, lowest price $129,900, highest price $179,000
The average list price: $148,975, Average days on market: 115

There are currently 2 condos that are pending.
Lowest price: $124,000
Highest price: $145,000
The average list price of these is $134,500. Average days on market: 127

No condos are showing as sold on the multiple listing service for the past week. That may be due to sold property not being entered into the service yet.