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Newtown, CT Real Estate News

By Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management
(Veritas Prime, LLC dba Veritas Prime Real Estate)
    HOME and CONDO PRICES IN NEWTOWN, CT OVER PAST YEAR - 2013-2014   Real Estate market data for Newtown, CT presented by Olga Simoncelli of Veritas Prime Real Estate.   Newtown Home and Condo Prices and Number of Homes/Units Sold   There is good news in Newtown in terms of both home-selling trends as well as price stabilization. The statistics for the number of homes sold have been improving nicely. In August, 2014 alone, thus far 58 homes are reported sold and the trend has been steadily rising after hitting a low of 20 homes sold in the month of December, 2013. The price levels are still being tested. After rising to the average price of $408K in November, 2013, the average dropped again to a low of $304K in February, 2014 and remained choppy until this month, when we saw a high of ...
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By David Landau, RE/MAX Right Choice
(President, Newtown Board of Realtors)
Why Choose RE/MAX The real estate network that has the most competitive advantages to offer home buyers and sellers will be an industry leader. RE/MAX is that leader. Thanks to its global network and stellar reputation, it's no wonder people turn to RE/MAX when they embark on the home buying or selling process. When you look for the highest quality real estate service, look to a RE/MAX Agent. Nobody in the world sells more real estate than RE/MAX. * More than 40 Years "Above the Crowd® " RE/MAX – now an established industry leader - celebrated its 40th anniversary in 2013 and looks ahead to even greater real estate achievements in the years to come. Whether you're in the home buying process or looking to sell, choose a RE/MAX Agent. When you choose a RE/MAX Agent, you'll have a real est...
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Newtown CT Real Estate Market Update First 6 Months 2014 vs 2013  As Realtors, we are always looking to see how our local real estate market is performing.  The best way for us to do this is to compare it against the same time frame of the prior year or in some cases, several years before.  In today's blog post, we are going to compare the performance of the first 6 months of 2014 vs the first 6 months of 2013.   In the table below, is the information that we're going to discuss.     # of SOLD Units  Average Closed Price  # of Days on Market  2014  163  $380,486  142 2013  128  $404,282  123   So far the number of sold units in Newtown has increased over those sold in 2013; however, the average closed price has decreased by roughly $24,000.  Also, the number of days on market has increa...
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By David Landau, RE/MAX Right Choice
(President, Newtown Board of Realtors)
Why Choose RE/MAX The real estate network that has the most competitive advantages to offer home buyers and sellers will be an industry leader. RE/MAX is that leader. Thanks to its global network and stellar reputation, it's no wonder people turn to RE/MAX when they embark on the home buying or selling process. When you look for the highest quality real estate service, look to a RE/MAX Agent. Nobody in the world sells more real estate than RE/MAX. * More than 40 Years "Above the Crowd® " RE/MAX – now an established industry leader - celebrated its 40th anniversary in 2013 and looks ahead to even greater real estate achievements in the years to come. Whether you're in the home buying process or looking to sell, choose a RE/MAX Agent. When you choose a RE/MAX Agent, you'll have a real est...
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By Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management
(Veritas Prime, LLC dba Veritas Prime Real Estate)
      BEST REASON FOR LIVING IN CANDLEWOOD LAKE AREA: GREAT ICE CREAM!     Some of us are easy to please. Give us something sweet, creamy, cold and delicious and we’re happy. That is particularly true on a hot steamy summer day, anywhere. Well, in the Candlewood Lake area in Connecticut, we have the perfect remedy.    One of our best kept secrets is about to be revealed to you: visit the Ferris Acres Creamery in Newtown and you’ll never leave the area! There’s a huge variety of ice cream flavors (sometimes seasonal ones as well e.g. at pumpkin time), many different sundaes, milk shakes, ice cream cakes, ice cream pies and ice cream cookies. Frozen yogurt is an option as well. For those with lactose issues, non dairy sorbets are a great choice.   The Creamery is not just an ice-cream sto...
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By David Landau, RE/MAX Right Choice
(President, Newtown Board of Realtors)
St. Rose church will host its annual carnival at 46 Church Hill Road, through Saturday 6/28. The carnival will feature rides and games by Stewart Amusement, from 6 to 10:30 p.m. My son Nick works for Stewart, so if you see him say hi. Food will be plentiful, and include burgers, hot dogs, grilled chicken, fried dough and various desserts, along with nightly specials from local area restaurants, including sausage and peppers, pulled pork sandwiches, pasta, meatballs and eggplant. Live entertainment will also be featured each evening.  So bring the family, it will be fun
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By David Landau, RE/MAX Right Choice
(President, Newtown Board of Realtors)
Check out these great homes in Newtown Ct. Newtown has something for everyone. Newtown is conveniently located in Fairfield County about an hour from NYC.  Newtown has that small town feel with all the amenities of a larger city. Whether its Lake front, horse property, privacy or Main St, Newtown has a place for you, so if you would like to check us out, please give me a call.     Homes in Newtown, $250-$325
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By David Landau, RE/MAX Right Choice
(President, Newtown Board of Realtors)
Check out these great homes in Newtown Ct. Newtown has something for everyone. Newtown is conveniently located in Fairfield County about an hour from NYC.  Newtown has that small town feel with all the amenities of a larger city. Whether its lake front, horse property, privacy or Main St, Newtown has a place for you, so if you would like to check us out, please give me a call.   Homes for sale $325K to $500k
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Your MLS Questions Answered  As Realtors, there are a few things that we take for granted in this world.  One of them is the MLS.  We log onto it, we search it, we talk about it.  We talk about with each other, other Realtors and our clients.  Sometimes, we forget that the general public doesn't know what the MLS is  Here are answers to Top 4 questions we are frequently asked: MLS?  What is that?  MLS stands for Multiple Listing Service.  The MLS is where Realtors post the houses they have listed for sale and also, where Realtors look for homes for their clients.   Why bother with the MLS?  The MLS is a system where one real estate company offers to pay another real estate company if they sell a home that is listed there.  In other words, it is an offer of compensation.  Realtors know w...
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By Deborah Laemmerhirt - REALTOR® Brookfield,Newtown,Roxbury,Bridgewater,Washington,Sherman, Luxury Homes,WaterFront,Equestrian,NewConstruction
(Keller Williams Luxury Homes International)
Lakefront Home For Sale in Newtown CT | 320 Great Quarter Rd Delight in this gorgeous lakefront home for sale in Newtown CT with panoramic views of the lake and nature. With nearly ½ acre of stunning level land directly on Lake Zoar, you can enjoy nature at its best while making the most of its many amazing features such as the cathedral ceilings in the great room, the gleaming hardwood floors, the stunning stone fireplace, the well-appointed kitchen that houses stainless steel appliances and granite countertops, the impressive views surrounding the dining room, and so much more. The stunning view of the lake and nature will take your breath away while you are in the master bedroom and the great room. This charming Newtown CT lakefront home for sale also has newer gas furnace, insulatio...
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By Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management
(Veritas Prime, LLC dba Veritas Prime Real Estate)
    HOME PRICES IN NEWTOWN, CT OVER LAST 10 YEARS   Real estate market trends for Newtown, CT provided by Olga Simoncelli, Broker-Owner of Veritas Prime, LLC.    Newtown Home Prices   The bar chart below demonstrates quite graphically what most home owners in Newtown have been feeling over the last ten years: a rather precipitous decline in the number of homes sold after the peak in 2004, followed by a gradual recovery after hitting bottom in 2009 as far as the number of homes sold. However, the trend of home prices as depicted by the green line tells a different story: while more homes are getting sold again, on average, home prices in Newtown are still trending down.        Year Sales, Number of Sale Price, Average 2004 504 $527,773 2005 461 $556,075 2006 347 $591,672 2007 342 $554,86...
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Newtown, CT Real Estate Market Update - As of May 7, 2014  The public - once finding out that we are Realtors - always asks us how the market is doing.  We've just compiled the information for Real Estate Market Update for Newtown, CT.  We have separated out the single family homes from the condos as there are 2 new condo complexes currently under construction in Newtown, CT.     Single Family Homes  Condos Actively  Listed  262  32 Under Deposit  56  3 Pending  29  30 Sold  107  11 We would like to take this Real Estate Market Update a step further and compare single family homes sales up to 5/7 in 2013 and in 2014.  We have included both the average sale price and the median sale price in the next table.   2013  2014 # of Homes Sold (through 5/7) 75 107 Days on Market 128   140 List P...
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Bob and Richelle Ward Join Coldwell Banker Residential Brokerage We thought that we should let you know that we have changed our company affiliation.  We had been with the Newtown office of Berkshire Hathaway Homeservices (formerly Prudential Connecticut Realty) until recently.  We felt that after 13 years with the same company we needed a change.  We are now at Coldwell Banker Residential Brokerage's Newtown office. We are very happy about this change.  Our real estate business has been reinvigorated.  Please feel free to stop by and visit us at our new office located at 45 South Main Street, Newtown (next to Walgreens). Same Wards.  Same Service.  Same Riley, the Real Estate Dog.  Different company. That's all.
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Newtown, CT Real Estate Market Statistics 2012 vs 2013  Being professional Realtors, it's no surprise that people ask us "How's the market doing?  Any better?".  We always have a finger on the pulse of our local market and know what is happening in it. We had some concerns at the beginning of 2013, that the Newtown, CT real estate market might have become stigmatized due to the shootings at the Sandy Hook Elementary School.  This is a concern that potential sellers have expressed to us over the course of the year.  They wonder can they sell their house.  We've even heard from a couple of buyers that "Newtown has a stigma - everyone knows that" over the past year. The data from the multiple listing service (MLS) showed us all year that homes were selling in Newtown.  It also showed us th...
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
4th Annual Coats for the Community Fundraiser  There is a great need again this year.  Your help is much appreciated. 4th Annual Coats for the Community.  Flyer says it all    
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Halloween in Newtown, CT  2013  For the past 2 years, Halloween in Newtown didn't really happen.  First was the October Storm in 2011 and then Hurricane Sandy in 2012.  Halloween was postponed both years and the turn out was really low.  For Halloween in Newtown, CT 2013, there were some light rain showers, but Halloween happened - ON HALLOWEEN!  The last time we posted a blog about Halloween in Newtown was 2008! The trick or treaters started around 4:30 pm and went to about 9:00 pm.  They started out slowly, but soon they were out en mass.  Main Street in Newtown is very festive with many of the homes decorated.  Some have themes ... some don't have any decorations at all. The costumes, as always, reflected what's currently popular in our culture.  There were Action Heros (Captain Amer...
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Are There Different Types of Short Sales?  Thank you for asking this question.  Yes, there are different types of short sales.  A few years ago, we wrote a blog post explaining what a short sale is.  Since then, we've represented many sellers and buyers in short sale related transactions.  Please know that before reading further, there are many different scenarios for each short sale we run in to - some are easier to complete than others.  However, there are 2 major categories of short sales:  A "Regular" short short and a "Sponsored" short sale.  In the simpliest, broadest terms, here is how they differ: "Regular" Short Sale:  This when you need to sell the house and the short sale process is started by the owner or their representative (attorney, Realtor, etc). These typically take a ...
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By Bob and Richelle Ward, Realtors, Moving you HomeWARD
(Coldwell Banker Realty)
Top Service Provider Awards  When we complete a transaction with a client - whether it be buyer or seller - we ask that you complete a survey form and return it us.  We in turn, pass it along to our Corporate office.  With each completed survey form, we receive something called a "key".  A key affords us 1 entry into the $10,000 drawing at the Annual Awards Gala.  We haven't won yet :-) But these survey forms do something else for us which is vital to our continued success.  They: Provide us with feedback from our clients and let us know areas of service that we provide that we may need to change or add special attention to. Let our Corporate Office know the type of service we provide to our clients and see what a great job we do for every client - no matter the price range of their tra...
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By Deborah Laemmerhirt - REALTOR® Brookfield,Newtown,Roxbury,Bridgewater,Washington,Sherman, Luxury Homes,WaterFront,Equestrian,NewConstruction
(Keller Williams Luxury Homes International)
Deborah Laemmerhirt  203-994-4297  www.HomesInConnecticutForSale.com Newtown CT Ever Wonder Halloween Party on October 30th at 9:30AM and 1PM. Come one come all!  Bring your little gobblins to explore and be creative.  Kids will get to make Spooky Shadow Puppets and use their creativity to make Silly Pumpkin Collages using a variety of materials. Come and let your children think out of the box...developing a healthy desire to experiment and embrace science, art and the world around them.  All ages welcome and costumes are encouraged for this event. There will be two sessions on October 30, 2013: 9:30 am to 12 pm and 1 pm to 3:30 pm. No pre-registration is required. The EverWonder Experience, a miniature version of what the parcipating Newtown CT parents hope to offer in the permanent mu...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
 Marvin and Laura Beninson are the Exclusive agents representing 55Places for Newtown Woods. 55+ Communities-Featuring Newtown Woods   Newtown Woods is an active 55+ Community built by Toll Brothers featuring 178  new homes offering both Ranch Style and 2-Story Townhome living all with first floor master suites. The Regency Collection at Newtown Woods is comprised of 5 single level Ranch Style Condos featuring gourmet kitchens and custom finishes from 1514 to 1882 square feet. Alton - 1,514 Sq. Ft. (Approx.) Bedrooms: 2 Baths: 2 Garage: 1   Next Plan >> Next Plan >> The Townhome Collection at Newtown Woods offers Seven unique designs offering main level master suites and private garages ranging from 1492 to 2005 square feet. Walnut - 1,492 Sq. Ft. (Approx.) Bedrooms: 2 Baths: 2 Garage: ...
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