New Milford, CT Real Estate News

By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
Here is my year end wrap up for the New Milford CT real estate market. I have compared sales volume and price from 2001 through 2011 to see where we came from and what has happened. It has been quite the ride, to say the least. 2011 did not go out with a bang, it crept out with a whisper as far as the real estate market is concerned.  The sales volume is down from the previous year, as is the average sales price. I wish I could make some fantastic prognostication about the 2012 real estate market, however someone took my crystal ball.    YEAR   AV. SALE $     # SOLD 2011    $306,176          207 2010    $337,896          221 2009    $307,886          195 2008    $377,674          209 2007    $406,790          280 2006    $417,420          310 2005    $408,816          442 2004    $381,9...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
How's the real estate market in New Milford, CT? Check it out. As of January 3, 2012 in New Milford, CT there were only 189 active single family homes for sale. Last month there were 209, the number has been dropping for the past few months. This is the lowest I have seen it in a long, long time. 16 are short sales, (there could be more however) and 7 are foreclosures. Does a year make a difference? January 2011 there were 211 single family homes active. 10 were foreclosures. Average list price: $454,249. January 2012 there were 189 single family homes active.  7 were foreclosures. Average list price: $485,657. 16 single family homes sold in New Milford, CT in December 2011. This is the same amount as November 2011.  Of these homes that sold, the average list price was $267,484. (Down ...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
But more to the point.... was it the price of the house in Litchfield County, or the buyer that came first? These days it is the price, then the buyer will most likely follow. If the price is too high, there won't be any buyer. If it is priced right, given the most current market conditions and the condition of your home, your house will be shown to prospective buyers. You need to get buyers in to look in order to procure that all important offer! A few questions to ask when you are considering selling your home. What are the most current market conditions for your area? What price will put my home ahead of the pack? How is your house going to be marketed to put it in front of as many buyers as possible? Ask to see a customized marketing plan for your home. The real estate market in Lit...
Comments 13
By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
HOT OFF THE PRESS! How's the real estate market in New Milford, CT? Check it out. As of December 7, 2011 in New Milford, CT there were 209 single family homes for sale. This is down 47 from last month at the same time. I would attribute some to the storm damage (again), some to the time of the year, and some to the general state of the real estate market. For sellers, this is a good thing, when there is less on the market there is a greater chance your house will sell. 16 single family homes sold in New Milford, CT in November 2011. This is down 1 from October.  Of these homes that sold, the average list price was $331,100. The average sale price was $317,007, which is up $24,000 from last month. But because October was down from September, we are still behind a bit. The average market...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
I know how busy Santa is these days, making a list and checking it twice, this is crunch time for him. However we have managed yet again to get the jolly old elf himself to take the afternoon off from his busy schedule and come to New Milford! We are getting closer, Sunday December 18th from 1-3 pm Santa and Mrs. Claus will be at the bandstand on the Village Green in New Milford, CT, enjoy a horse drawn hayride around the green, have some hot chocolate and don't forget to bring your camera's! Every year I have the privilege of being a part of Holiday on the Green, our office has sponsored this event for a long time. Together with Housatonic Valley Insurance, Prudential Connecticut Realty of New Milford proudly presents Holiday on the Green. Come and enjoy the fun with us! This event is ...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
The Christmas trees are standing at the ready for this years Festival of Lights on the green in New Milford. The festivities begin at the south end of the green this Saturday, November 26th at 5:00 pm with Christmas karaoke, (new one on me), tree lighting at 5:30 along with readings, singing and a visit from Santa Claus! 2011 marks the 45th year of this wonderful tradition on our beautiful village green. The trees are donated by the New Milford United Methodist Church and the event is sponsored by the Village Center Organization. Come on down and join everyone for a good old fashioned time.   Enjoy a night of shopping, dining, or just enjoying the sites. Help to kick off a great holiday season in New Milford, CT at the Festival of Lights on the most beautiful village green in all of Con...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
New Milford, CT real estate talk. What does "As Is" really mean? As a real estate professional in the greater New Milford, CT area, I do come across the term "as is" many times. "As is" means something different to each party, let me explain. Selling your home "as is". Sometimes while listing a house the seller will tell me they want to sell the house "as is". I caution them that if we put "as is" in the listing it will send up a big red flag to the buyer and buyers agent. "I wonder what they aren't going to fix?" Perhaps you have spent time and money preparing your home for sale. You had a pre-listing inspection and took care of the issues that were pointed out to you. There is no need for you to put "as is" in the listing, if any issues do come up with a buyers inspection you are not ...
Comments 45
By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
How's the real estate market in New Milford, CT? Check it out. As of November 3, 2011 in New Milford, CT there were 256 single family homes for sale. This is down 10 from last month at the same time, but not surprising due to the storm damage we are suffering. 17 single family homes sold in New Milford, CT in October 2011. This is down 7 homes from the previous month.  Of these homes that sold, the average list price was $313,588. The average sale price was $293,062, which is down $90,436 from last month. The average market time was 167 days which is up 30 days from last month. Three foreclosures and 2 short sales were included in the sold homes for October 2011. I have said that we go up and down every month, there really is no trend. But after 2 months of an upward trend, we are back ...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
We live plugged in, and for many of us in New England we have been painfully aware of just how much we depend on power. The number of those without power drops daily, but not fast enough for those who are still without. Watching the news since the storm, the tone shifts from one of commenting on the sheer volume of those without power to questioning CL&P about their effectiveness. I cannot blame the public for their frustration. I was lucky as I had a place to go, many others either did not, or could not leave. Thankfully the days brought us warmer temperatures, but the nights were cold. We are not prepared to live without power, certainly it stressed people out. The talk of more aggressive tree trimming is all over the news too. More aggressive tree trimming will translate to a higher ...
Comments 16
By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
My house is without power. My town is a bit luckier than many around us who are at 100% without power. According to Connecticut Light & Power right now 53% of us in New Milford are without power, down from yesterday's 65%. I am also lucky that my daughter has power at her house, so we piled in the car, took the dog with us, and stayed warm and informed for the night. The other inconvenience was that our cell phones weren't working yesterday, all day! I could see I had messages, I could read emails and texts, but I could not call out, respond to anything or get on the web. I was blind! Today it seems to be working better though. Many of us do not have alternative heat sources in our homes. It is clear that living in the modern age has not taken into account that Mother Nature could care ...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
Yes indeed, it is surreal around here today. 70 degrees last week, snow today. Many of the trees have not lost their leaves and are bending with the weight of the snow already. Last winter still looms large in my memory, winter has not even begun and yet it seems very impatient to show it's face. I did manage to find a bit of beauty in this very surreal day right outside my back door.
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
New Milford CT real estate talk, how not to show your house. Should the home owner be present for showings?  I was inspired by something I read this morning called "Should I Stay or Should I Go". Most listing agents agree that the owner of the house should not be present for showings. I agree, and this is an important topic for sellers to understand. Of course if you are a FSBO, most likely you will be present, so take a few tips from this article. Keep your mouth closed if you must be present! Do not spill the beans. When I am working with buyers I actually like it when the seller is around. I don't have to ask them anything, yet most spill the beans willingly, almost desperately! But I know my house best! Yes, you know your house best. You know the good, the bad and the ugly. And 9 ti...
Comments 47
By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
If you are thinking of selling a home in the greater New Milford, CT area you may want to take my short "Understanding Buyers 101 Course". It's free, don't worry about it. Just read below! Understanding Buyers 101 (a primer for sellers) First let me say, data is not just for sellers. Data is supposed to give us clear information and help us to make informed decisions. Charts and graphs should tell a story that allows us to see past and current trends. But as we all know, we cannot extrapolate future trends from data where the housing market is concerned. We can only make a guess. And if you are listing now, you need to work with what has just happened and what is happening at this moment in time. Not trying to figure out what will happen in the next few months. The data I use to help me...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
on the real estate market in New Milford. It told me a few things. if this was a real EKG I would have called 911 there is no pattern it is still a buyers market sellers need to price ahead of the curve Although I run monthly stats on the real estate market in my area, I wanted to get a good look at the overall picture. And seriously, there is no pattern here! I was looking at my graph and thought it reminded me of an EKG printout of someone in serious need of a heart specialist! It certainly wasn't telling me any clear indication of where we are going in the real estate market here in New Milford, CT. But does it say anything to me? Clearly, if one is going to sell in New Milford, CT the house needs to be priced very aggressively for location, condition and amenities. If someone is loo...
Comments 15
By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
How's the real estate market in New Milford, CT? Check it out. I know I wait for this every month to see what is happening in the real estate market. As of October 3, 2011 in New Milford, CT there were 262 single family homes for sale. This is almost identical as the same time last month. The amount of active listings stabilizing is a good thing. 24 single family homes sold in New Milford, CT in September 2011. This is the same amount that sold last month.  Of these homes that sold, the average list price was $408,245. The average sale price was $383,498, up again for the second month in a row. The average market time was 136 days which is up 37 days from last month. No foreclosures are listed as having sold last month. The average list price of single family homes for sale in New Milfo...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
I saw someone performing a job yesterday that I can clearly say I would NEVER do. Ever... I know, you should never say never, but trust me on this one. We have high tension wires that pass by our office. I have gotten so used to them I really don't notice them, that is, until yesterday. We saw a helicopter hovering over them with something dangling on a tether. It seemed to me to be a ladder with huge hooks on it. And that is just what it was. After a few tries the ladder was successfully hooked to the highest arm, then the helicopter took off. Interesting... Next... I see the helicopter coming back with something else dangling from the line hanging down... YIKES, IT WAS A PERSON! I wish I had been able to get closer, sort of. But then again, maybe not. My business partner asked me what...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
I love those "I didn't know that" moments in time. I had one today, and it was a true revelation. I mean a big time revelation. We have gone "Single Stream" recycling in New Milford, CT. All I knew, before today, was that I really enjoy this single stream. It has cut my true "garbage" down to one bag a week. The large black bag of household garbage costs me $3.00 to dump, quite reasonable if you ask me. Yes, I am one of those people that doesn't have garbage service. I haven't for years! When I lived in Washington, CT I was blessed to have the town's transfer station, which is free to all residents. And if any of you live in a place with your own transfer station or recycle center, this is the hot place to be! Even the politicians spend time at the local "dumps" when campaigning. But I ...
Comments 9
By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
This year marks the 19th annual Open Farm Day at Sunny Valley Farm, 8 Sunny Valley Lane in New Milford, CT. So far it looks as if the weather will be spectacular, the weather folks are predicting a sunny day with temperatures hovering around a very agreeable 66º. PERFECT for exploring Sunny Valley Farm. Rain or Shine! Predictions are for a big shine! A few demonstrations you can see: border collie herding (I know this is very cool, ever seen a border collie at work?) goat soap making (courtesy Goat Boy Soap) syrup making spinning Check out the farm equipment, both antique and modern (the kids will love this, and me too) and take a ride through the corn maze, meet Clover, a 3 year old pot bellied pig complete with story time, pet Gunner and Squeak, a pair of miniature donkeys, of course ...
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By Andrea Swiedler, Realtor, Southern Litchfield County CT
(Berkshire Hathaway HomeServices New England Properties)
Save the date, Friday September 23, 2011, as far as I can tell, is the day I can once again go grocery shopping without falling on the floor at the checkout isle and writhing in pain and agony, the day I can start eating good foods again on a regular basis! ALDI is opening in New Milford!!!! The new ALDI store, which I have been watching with a very impatient eye, is at 125 Danbury Rd in New Milford. It would appear the entrance is at the traffic light at Lores Plaza, although I admit I have not driven in there yet. By all accounts the grand opening will be Friday, September 23!!! A date that will live in infamy! I know, such a silly thing to get all excited about you might think. But honestly, we have nothing to compare locally. My few experiences at ALDI in Torrington were fantastic, ...
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