New Fairfield, CT Real Estate News

By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Like most areas, New Fairfield, Connecticut home prices have been declining lately.  This graph shows the median home sales prices in New Fairfield from the first half of 2000 (1H2000) through the first half of 2009 (1H2009). As is indicated by the above graph, median home sales prices in New Fairfield are roughly back at those we saw in 2003, and down from the highs we saw in early 2006.   This Market Report prepared by: Don Fabrizio-Garcia, REALTOR Real Estate & Appraisals 203.746.1199 Connecticut Real Estate and Homes for Sale Data compiled from the Greater Fairfield County MLS and believed to be accurate
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Like most areas, New Fairfield, Connecticut homes sales have declined lately.  Along with declining home values, we are also seeing declines in the number of homes actually selling.  This graph shows the number of closed home sales in New Fairfield from the first half of 2000 (1H2000) through the first half of 2009 (1H2009).     As is apparent from the graph, we are seeing far fewer homes selling than we have in the past.  While there appear to be indicators that the number of closed home sales may be about to begin increasing again, there is no indication that we will soon be going back to the high number of sales we have experienced in recent years.   This Market Report prepared by: Don Fabrizio-Garcia, REALTOR Real Estate & Appraisals 203.746.1199 Connecticut Real Estate and Homes fo...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update  May, 2009  Closed home sales in New Fairfield, Connecticut: There were 8 home sales closed in New Fairfield, CT.  The median closed real estate sales price for New Fairfield was $351,250.  On average, these homes sold for 95.7% of their final list price. Days on Market averaged 121 days of market time.   This compares with 7 closed sales in May, 2008, with a median sales price of 500,000. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 155 homes for sale in New Fairfield, CT.List Prices range from $145,000 for a small, bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres. New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to t...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update April, 2009 Closed home sales in New Fairfield, Connecticut: There were 8 home sales closed in New Fairfield, CT.The median closed real estate sales price for New Fairfield was $336,250.On average, these homes sold for 97.6% of their final list price. Days on Market averaged 181 days of market time.   This compares with 6 closed sales in April, 2008, with a median sales price of 405,675. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 155 homes for sale in New Fairfield, CT.List Prices range from $145,000 for a small, bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres. New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to the ...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Like most areas, New Fairfield, Connecticut homes sales have declined lately.  Along with declining home values, we are also seeing declines in the number of homes actually selling.  This graph shows the number of closed home sales in New Fairfield from the first half of 2000 (1H2000) through today.   As is apparent from the graph, we are seeing far fewer homes selling than we have in the past.  While there appear to be indicators that the number of closed home sales may be about to begin increasing again, we do not yet have concrete statistics to back up this theory.   This Market Report prepared by: Don Fabrizio-Garcia, REALTOR Real Estate & Appraisals 203.746.1199 Connecticut Real Estate and Homes for Sale Data compiled from the Greater Fairfield County MLS and believed to be accurate
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Like most areas, New Fairfield, Connecticut home prices have been declining lately.  This graph shows the median home sales prices in New Fairfield from the first half of 2000 (1H2000) through today. As is indicated by the above graph, median home sales prices in New Fairfield are roughly back at those we saw in 2003, and down from the highs we saw in early 2006.   This Market Report prepared by: Don Fabrizio-Garcia, REALTOR Real Estate & Appraisals 203.746.1199 Connecticut Real Estate and Homes for Sale Data compiled from the Greater Fairfield County MLS and believed to be accurate  
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By Craig Keller
(Durgle)
Mingalaba, ActiveRainians! My name is Craig Keller and I'm the new kid on the block here at ActiveRain. Today is my first day as the new Visual Designer. I am a designer, which almost guarantees that I have the writing skills of a well-trained chimpanzee... This is especially true in my case. Anyhow, I have been designing websites and user interfaces for 9 years; the last 3 1/2 as a self-employed freelancer. I learned how to use Photoshop when still had a version number on the box (version 6.0 to be exact). I started out designing graphics as a hobby, mostly horrific photo montages with graffiti fonts and superfluous use of the "Satin" Blending Option. It was horrible, but I didnt think so at the time. Gradually my work stopped inducing seizures, and became less and less frightening to ...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update March, 2009 Closed home sales in New Fairfield, Connecticut: There were 2 home sales closed in New Fairfield, CT.The average closed real estate sales price for New Fairfield was $340,000.The median closed real estate sales price for New Fairfield was $340,000.On average, these homes sold for 94.5% of their final list price. Days on Market averaged 202 days of market time.   This compares with 9 closed sales in March, 2008, with an average sales price of $333,644 and a median sales price of $309,900. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 137 homes for sale in New Fairfield, CT.List Prices range from $160,000 for a small, bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 ac...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update February, 2009 Closed home sales in New Fairfield, Connecticut: There were 6 home sales closed in New Fairfield, CT.The average closed real estate sales price for New Fairfield was $385,166.The median closed real estate sales price for New Fairfield was $345,000.On average, these homes sold for 93.1% of their final list price. Days on Market averaged 267 days of market time.   This compares with 9 closed sales in February, 2008, with an average sales price of $494,850 and a median sales price of $385,000. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 136 homes for sale in New Fairfield, CT.List Prices range from $164,900 for a two-bedroom short sale home with lake rights to $10,000,000 for a waterfron...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update January, 2009 Closed home sales in New Fairfield, Connecticut: There were 6 home sales closed in New Fairfield, CT.The average closed real estate sales price for New Fairfield was $333,416.The median closed real estate sales price for New Fairfield was $304,375.On average, these homes sold for 96.1% of their final list price. Days on Market averaged 264 days of market time.   This compares with 9 closed sales in January, 2008, with an average sales price of $503,944 and a median sales price of $417,500. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 100 homes for sale in New Fairfield, CT.List Prices range from $199,000 for a one-bedroom home with lake rights to $10,000,000 for a waterfront estate on m...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are some differences between living in Connecticut & New York.  They include: There is no county government in Connecticut. Everything is handled by the town or city in which you live in. There is no separate school tax on top of the property taxes. They are included in the property taxes. Also in Connecticut, there is no program similar to the 'STAR' discount. The school districts in Connecticut are typically for just the town you live in. The property taxes in the Greater Danbury area are typically about 35% lower than in nearby towns in Westchester & Putnam Counties in New York. Lower income taxes You do have to pay taxes on cars and personal property in CT. The lots for homes in the Greater Danbury area are typically larger than comparable desirable neighborhoods in Westcheste...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
New Fairfield, CT Real Estate One of the five towns surrounding Candlewood Lake is New Fairfield,CT. Only 50 miles north of New York City, New Fairfield does a offer a small town feel. New Fairfield was once a summer destination and now mostly lived in year round homes, with still a sizable about of weekend and summer residents going from New York City and Westchester County, New York. New Fairfield has about 14,000 residents in it's 25 square miles. It is very easy to commute to White Plains, Stamford, Danbury, Norwalk and Greenwich, with I-684 and several train stations within a 15 minute drive from the center of town. There is a small center of town where there is a grocery store, some restaurants as well as local business and service providers. New Fairfield does have 4 bodies of wa...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update December, 2008 Closed home sales in New Fairfield, Connecticut: There were 7 home sales closed in New Fairfield, CT.The average closed real estate sales price for New Fairfield was $353,928.The median closed real estate sales price for New Fairfield was $417,500.On average, these homes sold for 93% of their final list price. Days on Market averaged 96 days of market time. ** NOTE:  96 days on market, on average, is an incredibly low number in this market.  This compares with 3 closed sales in December, 2007, with an average sales price of $446,666 and a median sales price of $440,000. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 94 homes for sale in New Fairfield, CT.List Prices range from $118,000 f...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update November, 2008 Closed home sales in New Fairfield, Connecticut: There were 7 home sales closed in New Fairfield, CT.The average closed real estate sales price for New Fairfield was $430,642.The median closed real estate sales price for New Fairfield was $358,000.On average, these homes sold for 96% of their final list price. Days on Market averaged 144 days of market time. This compares with 9 closed sales in November, 2007, with an average sales price of $801,316 and a median sales price of $398200. Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 103 homes for sale in New Fairfield, CT.List Prices range from $135,000 for a small bungalo that is bank-owned to $21,000,000 for a Victorian-style waterfront...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update October, 2008 Closed home sales in New Fairfield, Connecticut: There were 9 home sales closed in New Fairfield, CT.The average closed real estate sales price for New Fairfield was $340,111.The median closed real estate sales price for New Fairfield was $330,000.On average, these homes sold for 98.5% of their final list price. Days on Market averaged 140 days of market time. This compares with 22 closed sales in October, 2007, with an average sales price of $458,336 and a median sales price of $470,000.Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 116 homes for sale in New Fairfield, CT.List Prices range from $135,000 for a small bungalo that is bank-owned to $21,000,000 for a Victorian-style waterfron...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
I helped a wonderful couple buy their first home in New Fairfield, Connecticut.  We closed yesterday, and they immediately began moving in.  At the closing, I warned them:  "Something will break shortly after you move in.  Don't worry.  It won't be the end of the world.  You will get through it."  They laughed at me: "Yeah...yeah...yeah...  Whatever you say, Don."  That was yesterday.  Tonight, they called.  "The toilet overflowed and there is water all over the bathroom.  Does this count as the thing that will break as soon as we move in?"  Fortunately, they were laughing - or, at least they were trying to cover up the screams with laughter.  I assured them that, yes, this is their one major initial problem in the house. I also told them that something else will happen, but it will be ...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
It never fails.  Something always turns up at the last minute when we are planning to close on a home. This afternoon, I have a closing for my buyers, who are buying a new home in New Fairfield, Connecticut. Of course, something turned up - a repair that wasn't made.  We'll deal with it, but all it does is add more stress for the buyers - as well as for the sellers.  Sellers can help to avoid these "Last-Minute Gotchas" by following a few easy steps: If you agree to make a repair, then make that repair before closing If you know of a home defect, then disclose it up front These two easy steps will help avoid possible pitfalls that can derail a closing.  Let's avoid any surprises. Closing on a home should be a happy occasion - for both buyers and sellers.  Let's not add to the stress tha...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
New Fairfield, Connecticut Real Estate Update September, 2008 Closed home sales in New Fairfield, Connecticut: There were 13 home sales closed in New Fairfield, CT.List Prices ranged from $132,500 - $539,500.Closed Sales Prices ranged from $130,000 - $500,000. The average closed real estate sales price for New Fairfield was $315,384.The median closed real estate sales price for New Fairfield was $324,000.On average, these homes sold for 92.6% of their final list price. Days on Market ranged from 34 - 326 days, with the average being 141 days of market time. This compares with 9 closed sales in September, 2007, with an average sales price of $525,055 and a median sales price of $542,500.Currently available homes for sale in New Fairfield, Connecticut: Currently, there are 131 homes for s...
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It seems where ever you turn the cost of living has gone up but earnings & investments are down. Many of today's homebuyers have expressed a desire to own less. With winter not far off that might make sense as the cost of heating a Connecticut home has skyrocketed in the last 2 years. One local builder commented on the change; "Consumer demand has changed the focus on where & what I will build. Right now the demand is for smaller homes." If you are looking for smaller home approximately 1 hour from NY and priced under $300,000 take a look at our newest listing in New Fairfield. This home is completely remodeled by one of the area's premier builders and there is nothing left to do here but move in. Think of the savings... and take a look at 68 Route 39 in New Fairfield. ....................
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By Peter Testa, PETER TESTA
(Nationwide Homes)
Peter Testa | Nationwide Houses | (203) 442-3873 68 Route 39, New Fairfield, CT Newly Remodeled Home on nearly 2 acres. Babbling brook out back. 2BR/1BA Single Family House offered at $262,900 Year Built 1952 Sq Footage 728 Bedrooms 2 Bathrooms 1 full, 0 partial Floors Unspecified Parking Unspecified Lot Size 1.89 acres HOA/Maint $0 per month DESCRIPTION Newly remodeled in 2007, this 2 Bedroom, 1 Bath has surprisingly spacious accomodations, with an open floor plan & hardwood floors that carry throughout. Living Room with Fireplace & Walkout to Deck. Crown molding and French doors and windows. Walkout basement to private & level backyard. Set on 1.89 acres of open space this property features rock walls and a babbling brook. Only minutes to town center, approximately 1 hour to NY. Taxe...
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