Home Sales and Prices in New Fairfield, CT for January 2016
Real Estate market data for New Fairfield, CT provided by Olga Simoncelli, Broker/Owner of Veritas Prime Real Estate.
The selling and price momentum for New Fairfield, CT during the first month of this year appears positive. Fifteen properties sold during January, one of those was a condo, the rest single family homes. New Fairfield is not much of a condo community, there are only two complexes, both for residents 55 and over.
The average selling price for all homes sold was $402,907, which represents a nice uptick over the same period last year when [interestingly] also 15 properties sold, but only for an average price of $319,477. The discount rate (difference between asking price and actual negotiated sold price) also improved from the overall annual 6.2% for all of 2015 to 5.6% in January 2016. The average days on market improved from an average of 161 days in all of 2015 to 123 days for properties sold in January 2106. Let’s hope the trend is indicative of a true improvement.
MOREOVER, from the chart below please note that two of the properties sold at exactly the asking price and THREE sold ABOVE the asking price, which demonstrates both good levels of pricing and a healthy demand.
FOLLOWING PROPERTIES CHANGED HANDS IN NEW FAIRFIELD, CT
DURING JANUARY, 2016:
Condo:
45 Heron View Rd #45 at $245,000 (at asking price!)
Single Family Homes:
- 43 MacBean Dr at $193,650
- 153 State Rte 39 at $225,200 (slightly above asking price!)
- 28 Hilldale Rd at $265,000
- 2 Pinewood Dr at $320,000
- 10 Sherry Ln at $322,500
- 12 Hilltop Dr at $330,000
- 19 Woods Way at $360,000 (slightly above asking price!)
- 54 Dick Finn Rd at $369,900 (at asking price!)
- 1B Inglenook Rd at $409,000
- 58-A Gillotti Rd at $410,000
- 4 Camp Arden Rd at $452,500
- 24 Woodridge Ln at $504,000
- 22 Sail Harbour Dr at $700,000
- 3 Buck Mountain Ct at $741,900 (slightly above asking price!)
For more details regarding properties sold in New Fairfield in January 2016,
To see what’s currently on the market in New Fairfield, CT, follow this link.
IF YOU’RE CONSIDERING THE SALE OR PURCHASE OF A HOME IN NEW FAIRFIELD, CALL ME FOR THE BEST ADVICE.
Now is a good time to start the selling process and a perfect time to start thinking about your vacation, week-end or year-round home in New Fairfield, CT.
Check out my website for what’s available in New Fairfield or any of the surrounding areas in CT.
