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.