Short Sales in Newtown, CT - as of 9/20/09. 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.
There has been a lot of activity in the Newtown, CT short sale market since our last short sale post. August and September have shown the greatest number of closed short sales since we started tracking them. As of today, the number of short sales increased by 8.7% to 25 (twenty-five) actively listed homes that are identified as being a "possible short sale" on the multiple listing service (MLS). They range in price from $169,900 to $1,160,000.
Please note that of the actively listed short sales:
- 8 are NEW to this list
- 17 REMAIN from our last post
- 5 are UNDER DEPOSIT from our last post
- 5 have been REDUCED since our last post
Of the homes that are no longer on the list:
- 1 sold in December 2008
- 1 sold in February 2009
- 1 expired in December 2008
- 1 expired in February 2009
- 1 was withdrawn from the market in February 2009
- 1 was canceled in April 2009
- 1 sold in May 2009
- 2 sold in August 2009 (1 was not on our prior lists as it was marked "short sale" when the status changed to pending)
- 1 was canceled in August 2009
- 1 was withdrawn in August 2009
- 3 sold in September 2009
- 1 was canceled in September 2009
In our last short sale post, there were 23 homes that were identified as being a possible short sale on the multiple listing service - 17 of them have carried over to this report. The one home that has on the list from our original September 2008 post finally closed in August!
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
