Life in Newtown, CT

Newtown, CT Parks and Recreation - Winter 2011  Newtown Parks and Recreation is out with the new schedule of programs for Winter 2011.  There is quite an array of programs available - sports, computer classes, golf lessons and dog training.  We thought some of the most interesting were in the Speciality Programs Section and they include:

• The Wizards School of Magic
• Cartooning
• Claymation Moviemaker
• Robotics: Lego Carnival
• Mandarin Chinese
• Ballroom and Salsa Dancing

When you see the new Newtown Parks and Recreation - Winter 2011 flyer, check it out and sign up for a class or two.  The flyers are generally distributed through the schools and as an insert in The Newtown Bee.

Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818

Newtown, CT Real Estate Market Statistics Comparison 2009 vs 2010  Here is a comparison of the closed sales in Newtown, CT for both the year of 2009 and the year of 2010:

Closed Sales 2009

• Units Sold - 212
• Average Days on Market - 134
• Average List Price - $487,117
• Average Sale Price - $457,417
• Sale Price to List Price Ratio - 93.90%

Closed Sales 2010

• Units Sold - 243
• Average Days on Market - 126
• Average List Price - $481,993
• Average Sale Price - $457,134
• Sale Price to List Price Ratio - 94.84%

Overall, the real estate market in Newtown performed better in 2010 than it did in 2009.  31 more homes were sold in 2010 than in 2009.  The average list price and sale price were both down a little; however, the sale price to list price ratio was up almost 1% in 2010.  The sale average price for both 2009 and 2010 remained fairly consistent which indicates little growth or further decline in the market - the market has stablized.  Given the huge declines in the past several years, this gives support to the recently report released by the National Association of Realtors (NAR).  This report stated that the national real estate market hit "bottom" back in July 2010.

We hope that this information is helpful to you.  If you have any questions about Newtown, CT Real Estate Market Statistics, please email us.

Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
(203) 470-9818

Snow Storm Benedict Hits Newtown, CT  This moring we woke up to snow - lots of snow!  Snow Storm Benedict hit Newtown, CT overnight and snowed for most of the morning.  Benedict was a Nor'Easter which is a special type of storm that hits the states along the Atlantic Seaboard.  The original forecast for snow accumulations was 12" to 18" of snow - Newtown got a grand total of 27" to 29" depending on the news source.  Benedict is one of the largest storms to ever hit Newtown.

Here are some photos of what Snow Storm Benedict left behind (the first photo was taken around 7am):

Snow Storm Benedict left behind a ton of snow in Newtown, CT and we're sure that he will not be forgotten anytime soon.

Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818

Short Sales in Newtown, CT - as of 1/08/11.  Back in September 2008, we posted a blog titled "Short Sale - What is It?".  We think this is useful information as we frequently explain what a short sale is to both buyers and sellers.  Our intention is to update you every 2 months about the short sale activity in Newtown, CT.

As of today, the short sale market in Newtown looks like this:

• 18 are Actively listed for sale
• 8 have taken price reductions
• 0 are under deposit
• 4 are pending sale
• 0 have closed in 2011
• 13 have been withdrawn or canceled
• 8 were re-listed for sale
• 15 have expired

The price range of the actively listed short sales in Newtown range from $99,900 to $729,000.  As you can see, short sales in Newtown, CT have been selling, despite being difficult transactions. 

If you would like a list of the short sales in Newtown, CT, just email us and we'll forward it to you ASAP. 

If you would like to sell your home and feel it might be a short sale, please contact us.  WE CAN HELP YOU.  We are experienced with short sales and we are also SFR Certified.  Anything you tell us will be held in the strictest confidence and will not be shared with anyone else. 

Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818

Recap of Short Sales in Newtown, CT for 2010  Over the course of 2010, we posted several blog entries about the status of short sales in Newtown, CT (see below for links).  With the advent of the New Year, we thought a recap of this segment of this local real estate market would be in order.

In the table below, we have provided both 2010 and 2009 short sale information for a comparison.

	2009	2010
Sold Throughout the Year	10	25
Pending Sale At Year End	5	4
Actively Listed at Year End	18	17
Cancelled During the Year	*	10
Expired Throughout the Year	*	15
Withdrawn from the Market	*	3

 * = Data Not Compiled

In comparing the 2 years of short sale data in the table, it is clearly evident that there were many more short sale transactions in Newtown, CT in 2010 than were in 2009.  In looking at just the number of sold transactions, there was a 150% increase in 2010 as compared to 2009.

All information in the table was compiled from the multiple listing service (MLS).  Recap of Short Sales in Newtown, CT for 2010

Here are links to all of our 2010 Newtown Short Sale Blog Posts:

February 8, 2010 Newtown, CT Short Sale Blog Post

April 9, 2010 Newtown, CT Short Sale Blog Post

June 29, 2010 Newtown, CT Short Sale Blog Post

August 21, 2010 Newtown, CT Short Sale Blog Post

October 22, 2010 Newtown, CT Short Sale Blog Post

 

If you would like a list of the short sales in Newtown, CT, just email us and we'll forward it to you ASAP. 

If you would like to sell your home and feel it might be a short sale, please contact us.  WE CAN HELP YOU.  We are experienced with short sales and we are also SFR Certified.  Anything you tell us will be held in the strictest confidence and will not be shared with anyone else. 

Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818