Brookfield, CT Real Estate News

By Tyler Shortt
(ERA Goodfellow Homes)
Rooms for Improvement: The Joys and Challenges of Fixer-Uppers Tyler ShorttERA Goodfellow Homes The house that needs work - it's not for everyone. But then, the secret of real estate success, for both a professional like me and a potential customer like yourself, is finding the one home that's right for you. And a fixer-upper even offers the opportunity to have your dream house not be found, but made. It's important to keep in mind the balance of challenges and chances that a fixer-upper presents. For buyers with cost as a concern, a house needing work will definitely be more affordable - though the discount can stem from some major problems, and the price savings go hand-in-hand with later renovation expenses. Even so, at the initial bargain price some families find a fixer-upper comfo...
Comments 1
By Tyler Shortt
(ERA Goodfellow Homes)
Paying It Forward: How Renters Become Buyers Tyler ShorttERA Goodfellow HomesNothing compares to the feeling of having a place to call home. At one time or another, however, most of us have felt frustration at seeing hard-earned money go into rent every month rather than a more permanent house payment. Renting is most people's first step toward homeownership, but what do you need to do to realize the dream of owning a home? Sometimes, it's not the regular rent-money obligations but other expenses that are the main obstacle in saving. A whole debt-counseling industry has arisen to guide consumers in getting out from under what they owe. Smart saving - not depriving yourself, just ensuring stability and enjoyment over the longest term - involves many moves both major and simple, and can h...
Comments 1
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateDecember, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 9 single family home sales closed in Brookfield, CT.List Prices ranged from $274,999  - $1,675,000.Closed Sales Prices ranged from $270,000 - $1,644,000. The average closed real estate sales price for single family homes in Brookfield was $661,500.The median closed sales price was $570,000.On average, these homes sold for 94.6% of their final list price.Days on Market ranged from 13 - 767 days, with the average being 246 days of market time.  This compares to 11 closed sales in December, 2006, with an average sales price of $385,772 and a median closed sales price of $360,000. Condos:There were 3 condominium sales closed in Brookfield, CT.The average clos...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateNovember, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 15 single family home sales closed in Brookfield, CT.List Prices ranged from $199,900  - $849,000.Closed Sales Prices ranged from $175,000 - $775,000. The average closed real estate sales price for single family homes in Brookfield was $429,733.The median closed sales price was $385,000.On average, these homes sold for 93.7% of their final list price.Days on Market ranged from 14 - 532 days, with the average being 136 days of market time.  This compares to 24 closed sales in November, 2006, with an average sales price of $517,075 and a median closed sales price of $502,000. Condos:There were 2 condominium sales closed in Brookfield, CT.The average closed ...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateOctober, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 8 single family home sales closed in Brookfield, CT.List Prices ranged from $414,900  - $1,185,000.Closed Sales Prices ranged from $410,000 - $1,060,000. The average closed real estate sales price for single family homes in Brookfield was $594,000.The median closed sales price was $532,500.On average, these homes sold for 92.5% of their final list price.Days on Market ranged from 57 - 717 days, with the average being 265 days of market time.  This compares to 23 closed sales in October, 2006, with an average sales price of $552,865 and a median closed sales price of $500,000. Condos:There were 4 condominium sales closed in Brookfield, CT.The average closed...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateSeptember, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 17 single family home sales closed in Brookfield, CT.List Prices ranged from $340,000 - $1,295,000.Closed Sales Prices ranged from $315,000 - $1,170,000. The average closed real estate sales price for single family homes in Brookfield was $521,520.The median closed sales price was $450,000.On average, these homes sold for 95.7% of their final list price.Days on Market ranged from 54 - 741 days, with the average being 234 days of market time.  This compares to 21 closed sales in September, 2006, with an average sales price of $448,542 and a median closed sales price of $420,000. Condos:There were 3 condominium sales closed in Brookfield, CT.The average cl...
Comments 0
By Pamela Burdette-Miller
(RE/MAX Unlimited Real Estate)
                                     St. Joseph's Carnival in Brookfield CT - September 28th - 30th                                 Intersections of Rt 25 and Rt 133 in Brookfield, CT      BIG MAX (The RE/MAX Hot Air Balloon) will be at the carnival on Saturday September 29th from 4pm - 6pm.               Take a tethered ride in the 7 story balloon, you will have the greatest view in the area!                         Stop by take a ride in BIG MAX and enjoy a few other rides at the carnival.                             ALL FUNDS RAISED GO DIRECTLY TO ST. JOSEPH'S SCHOOL !              Last year we raised over $800. Our goal is $1000 this year. Please help us reach our goal!
Comments 3
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateAugust, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 16 single family home sales closed in Brookfield, CT.List Prices ranged from $209,900 - $1,249,000.Closed Sales Prices ranged from $205,000 - $1,225,000. The average closed real estate sales price for single family homes in Brookfield was $561,156.The median closed sales price was $514,500.On average, these homes sold for 97.3% of their final list price.Days on Market ranged from 16 - 450 days, with the average being 145 days of market time.  This compares to 19 closed sales in August, 2006, with an average sales price of $488,621 and a median closed sales price of $455,000. Condos:There were 3 condominium sales closed in Brookfield, CT.The average closed r...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateJuly, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 20 single family home sales closed in Brookfield, CT.List Prices ranged from $254,900 - $1,395,000.Closed Sales Prices ranged from $242,500 - $1,310,000. The average closed real estate sales price for single family homes in Brookfield was $511,670.The median closed sales price was $455,000.On average, these homes sold for 96.7% of their final list price.Days on Market ranged from 28 - 694 days, with the average being 139 days of market time.  This compares to 17 closed sales in July, 2006, with an average sales price of $515,879 and a median closed sales price of $509,600. Condos:There were 6 condominium sales closed in Brookfield, CT.The average closed real ...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateJune, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 28 single family home sales closed in Brookfield, CT.List Prices ranged from $339,500 - $1,695,000.Closed Sales Prices ranged from $335,000 - $1,587,500. The average closed real estate sales price for single family homes in Brookfield was $582,960.The median closed sales price was $534,500.On average, these homes sold for 96.5% of their final list price.Days on Market ranged from 8 - 566 days, with the average being 158 days of market time.  This compares to 24 closed sales in June, 2006, with an average sales price of $569,523 and a median closed sales price of $594,500. Condos:There were 5 condominium sales closed in Brookfield, CT.The average closed real e...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateMay, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 13 single family home sales closed in Brookfield, CT.List Prices ranged from $359,900 - $799,000.Closed Sales Prices ranged from $360,000 - $790,000. The average closed real estate sales price for single family homes in Brookfield was $487,230.The median closed sales price was $450,000.On average, these homes sold for 97% of their final list price.Days on Market ranged from 19 - 311 days, with the average being 144 days of market time.  This compares to 18 closed sales in May, 2006, with an average sales price of $757,249 and a median closed sales price of $526,250. Condos:There were 6 condominium sales closed in Brookfield, CT.List Prices ranged from $189,500...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateApril, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:There were 9 single family home sales closed in Brookfield, CT.List Prices ranged from $350,000 - $629,900.Closed Sales Prices ranged from $295,500 - $608,000. The average closed real estate sales price for single family homes in Brookfield was $439,222.The median closed sales price was $399,000.On average, these homes sold for 96% of their final list price.Days on Market ranged from 1 - 497 days, with the average being 186 days of market time.  This compares to 10 closed sales in April, 2006, with an average sales price of $530,875 and a median closed sales price of $511,000. Condos:There were 4 condominium sales closed in Brookfield, CT.List Prices ranged from $219,9...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateMarch, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:In March of 2007, there were 9 single family home sales closed in Brookfield, CT.List Prices ranged from $174,900 - $949,900.Closed Sales Prices ranged from $135,000 - $895,000. The average closed real estate sales price for single family homes in Brookfield for the month of March was $405,197.The median closed sales price was $354,275.On average, these homes sold for 94% of their final list price.Days on Market ranged from 4 - 503 days, with the average being 232 days of market time.  Interestingly, most of the homes that sat on the market for more than 100 days were originally priced $100,000 or more higher than their sales price.  This is caused by improper pricing ...
Comments 0
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateFebruary, 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:In February of 2007, there were 7 single family home sales closed in Brookfield, CT.List Prices ranged from $319,900 - $774,000.Closed Sales Prices ranged from $305,000 - $804,782. The average closed real estate sales price for single family homes in Brookfield for the month of February was $531,540.The median closed sales price was $565,000.On average, these homes sold for 98% of their list price.Days on Market ranged from 22 - 486 days, with the average being 186 days of market time. This compares to 4 closed sales in February, 2006, with an average sales price of $431,537. Condos:In February of 2007, there were 5\4 condominium sales closed in Brookfield, CT.List ...
Comments 2
By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate UpdateJanuary 2007 Closed home sales in Brookfield, Connecticut: Single Family Homes:In January of 2007, there were 8 single family home sales closed in Brookfield, CT.List Prices ranged from $280,000 - $800,000.Closed Sales Prices ranged from $270,000 - $787,000. The average closed real estate sales price for single family homes in Brookfield for the month of January was $426,000.On average, these homes sold for 97% of their list price.Days on Market ranged from 1 - 370 days, with the average being 235 days of market time. This compares to 12 closed sales in January, 2006, with an average sales price of $480,000. Condos:In January of 2007, there were 5 condominium sales closed in Brookfield, CT.List Prices ranged from $240,000 - $300,000.Closed Sales...
Comments 2