Life in Newtown, CT

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Newtown, CT Real Estate Market Statistics - June 2010

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

Closed Sales June 2009

  • Units Sold - 20
  • Average Days on Market - 112
  • Average List Price - $533,710
  • Average Sale Price - $507,037
  • Sale Price to List Price Ratio - 95%

Closed Sales June 2010

  • Units Sold - 36
  • Average Days on Market - 122
  • Average List Price - $491.061
  • Average Sale Price - $473,366
  • Sale Price to List Price Ratio - 96.4%

Interesting ... looks the first-time homebuyer tax credit had a great affect on the number of homes sold in Newtown in 2010.  80% more homes sold in Newtown in 2010 than in 2009 ... Market time increased by 10 days in 2010 and the Average List Price and Average Sale Price were both down in 2010 compared to 2009.

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

 

Short Sales in Newtown, CT - as of 6/29/10

Short Sales in Newtown, CT - as of 6/29/10.  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.

Short Sales in Newton, CTAs of today, the short sale market in Newtown looks like this:

  • 17 are Actively listed for sale
  • 12 have taken price reductions
  • 1 is under deposit
  • 10 are pending sale
  • 16 have closed in 2010
  • 8 have been withdrawn or canceled
  • 2 were re-listed for sale
  • 2 have expired

The price range of the actively listed short sales in Newtown range from $159,000 to $999,900

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 - we are SFR Certified.  Anything you tell us will be held in confidence and will not be shared with anyone else.

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

 

Short Sales in Newtown, CT - as of 4/9/10

Short Sales in Newtown, CT - as of 4/9/10.  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.

Short Sales in Newton, CTAs of today, the short sale market in Newtown looks like this:

  • 19 are Actively listed for sale
  • 3 are under deposit
  • 9 are pending sale
  • 9 have closed in in 2010
  • 7 have been withdrawn or canceled
  • 1 was re-listed for sale

The price range of the actively listed short sales in Newtown range from $159,000 to $1,088,150

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 - we are SFR Certified.  Anything you tell us will be held in confidence and will not be shared with anyone else.

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

 

Newtown, CT Real Estate Market Statistics - March 2010

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

Closed Sales March 2009

  • Units Sold - 24
  • Average Days on Market - 143
  • Average List Price - $569,613
  • Average Sale Price - $534,360
  • Sale Price to List Price Ratio - 93%

Closed Sales March 2010

  • Units Sold - 20
  • Average Days on Market - 152
  • Average List Price - $495,945
  • Average Sale Price - $465,615
  • Sale Price to List Price Ratio - 93%

Interesting... Fewer homes were sold in Newtown in 2010 than in 2009 ... Market time increased by 9 days in 2010 and the Average List Price and Average Sale Price were both down almost 13% in 2010 compared to 2009.

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

 

Newtown, CT Real Estate Market Statistics - February 2010

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

Closed Sales February 2009

  • Units Sold - 10
  • Average Days on Market - 142
  • Average List Price - $516,995
  • Average Sale Price - $488,961
  • Sale Price to List Price Ratio - 95%

Closed Sales February 2010

  • Units Sold - 17
  • Average Days on Market - 136
  • Average List Price - $549,129
  • Average Sale Price - $512,265
  • Sale Price to List Price Ratio - 93%

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

 

1 commentBob and Richelle Ward, Realtors, ABR • March 22 2010 07:17PM

Short Sales in Newtown, CT - as of 2/8/10

Short Sales in Newtown, CT - as of 2/8/10.  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.

Short Sales in Newton, CTAs of today, the short sale market in Newtown looks like this:

  • 16 are Actively listed for sale
  • 2 are under deposit
  • 8 are pending sale
  • 1 closed in January
  • 1 closed in February

The price range of the actively listed short sales in Newtown range from $129,900 to $579,900

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.  Anything you tell us will be held in confidence and will not be shared with anyone else.

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

 

0 commentsBob and Richelle Ward, Realtors, ABR • February 08 2010 03:46PM

Recap of Short Sales in Newtown, CT 2009

Recap of Short Sales in Newtown, CT 2009  So several times during 2009, we posted blog entries about the status of short sales in Newtown, CT.  With the advent of the New Year, we thought a short recap would be in order.

So here's how short sales in Newtown shook out for the year:

# of short sales sold in 2009:  10
# of short sales that were pending sale at year end:  5
# of short sales still actively listed at year end:  18

Below are links to our 2009 short sale posts:

# of Short Sales - January 2009
# of Short Sales - March 2009
# of Short Sales - May 2009
# of Short Sales - July 2009
# of Short Sales - September 2009

All information is direct from the multiple listing service (MLS).  Recap of Short Sales in Newtown, CT 2009

To get a list of the short sales in Newtown, CT, just send us an email and we'll forward it to you ASAP. 

If you need to sell your house and feel it might be a short sale, please contact us - we can help.  Anything you tell us will be held in confidence and will not be shared with anyone else.

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

 

0 commentsBob and Richelle Ward, Realtors, ABR • February 08 2010 03:28PM

Newtown, CT Real Estate Market Statistics - January 2010

Newtown, CT Real Estate Market Statistics - January 2010  Back on January 17, 2010, we reported some basic real estate market statistics for Newtown, CT. Marilyn Katz of Prudential Connecticut's Realty's Westport office asked "How do your numbers compare with the first half of the year?"  Well, that got us to thinking ...

We just did a comparison of the closed sales in Newtown, CT for both January 2009 and January 2010 - this is what we found:

Closed Sales January 2009

  • Units Sold - 6
  • Average Days on Market - 135
  • Average List Price - $370,667
  • Average Sale Price - $353,333
  • Sale Price to List Price Ratio - 95%
  • Closed Sales January 2010

  • Units Sold - 13
  • Average Days on Market - 84
  • Average List Price - $518,431
  • Average Sale Price - $483,385
  • Sale Price to List Price Ratio - 93%
  • What do all these numbers mean?  Closed sales more than doubled in 2010.  Homes are selling quicker at a higher average price.  The sale price to list price ratio was surprising as the gap increased from 5% to 7%.  At the high point of the market, the sale price to list price ratio was 98%.  Bottom line: the real estate market in Newtown, CT was better in 2010 than in 2009.

    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

     

    1 commentBob and Richelle Ward, Realtors, ABR • February 04 2010 06:52PM

    Newtown, CT Real Estate Market Statistics - as of 1/17/2010

    Newtown, CT Real Estate Market Statistics - as of 1/17/2010  Curious about what's going on with the real estate market in Newtown, CT.  Well, here are the latest overall market statistics:

    • Units Sold in Past Six Months - 99
    • Average Days on Market - 128
    • Average List Price - $609,377
    • Average Sale Price - $449,792
    • Median List Price - $452,400
    • Median Sale Price - $415,000

    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

     

    2 commentsBob and Richelle Ward, Realtors, ABR • January 17 2010 01:56PM

    Real Estate Statistics for Newtown, CT - as of 11/28/09

    Real Estate Statistics for Newtown, CT - as of 11/28/09.  Because the real estate market is constantly changing, this is a just a snap shot in time for real estate statistics in Newtown, CT as of 11/28/09.  All information is from the Greater Fairfield County Multiple Listing Service (MLS) for the town of Newtown as of today.  Here goes:

    16 Pole Bridge Road, Newtown, CT

    As of this moment, there are 251 actively listed single family homes for sale in Newtown whose prices range from $35,900 for a mobile home to $1,550,000 for deck house style home on 19 acres with a guest house and tennis court.  Houses that are not mobile homes start at $179,900.  There are thirteen (13) homes that are marked as being under deposit.  Twenty-six (26) homes are marked as pending sale - which means a contract of sale has been signed.  One Hundred and ninety-one homes have been sold in Newtown since January 1, 2009.

    The homes that have SOLD so far this month are:

    Property Address Sold Price Closed Date
    32 Walnut Tree Hill Road $173,000 11/04/2009
    41 Cherry Street $224,900 11/16/2009
    85 Poverty Hollow Road $259,000 11/20/2009
    185 Hanover Road $265,000 11/10/2009
     65 Queen Street $290,000 11/13/2009
     27 Hattertown Road $305,000 11/20/2009
     7 Baldwin Road $322,500 11/13/2009
     45 Key Rock Road $320,000 11/05/2009
     16 Pole Bridge Road $328,000 11/24/2009
     14 Kale Davis Road $328,950 11/16/2009
     95 Walnut Tree Hill Road $370,000 11/20/2009
     7 Quarry Ridge Road $430,000 11/13/2009
     191 Hattertown Road $485,000 11/23/2009
     3 Concord Ridge Road $527,500 11/16/2009
     32 Yogananda Street $573,000 11/25/2009
     28 Platts Hill Road $590,000 11/09/2009
    27 Ashford Lane $584,000 11/05/2009
    5 Rooster Ridge Road $630,000 11/24/2009
    16 Yearling Lane $705,000 11/02/2009
    16 Oak Ridge Drive $1,100,000 11/24/2009

    We hope that you have found these real estate statistics for Newtown, CT to be helpful in letting you know what is happening in our local market.  If you have any questions, please email us!

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

     

    0 commentsBob and Richelle Ward, Realtors, ABR • November 28 2009 04:03PM