Redding, Connecticut Real Estate Update  March, 2011   Closed home sales in Ridgefield, Connecticut: There were 5 home sales closed in Redding, CT. The median closed sales price in Redding was $280,000. On average, these homes sold for 95% of their final list price. Marketing time averaged 202 days on market.   NOTE:  60% of these sales were distressed sales - either short sales or bank-owned foreclosure properties. This compares with 3 closed sales in this month last year, with a median sales price of $579,000.     Currently available homes for sale in Redding, Connecticut: Currently, there are 86 homes for sale in Redding, CT.List Prices range from $179,000 for a small fixer to $4,900,000 for an antique estate on 65 acres. Redding, Connecticut is a wonderful New England town that has ... 02/01/2012

Redding CT 06829 2011 Market Report of Real Estate Sales Redding CT 06896 Market Report 2011 Sales The real estate market for 2011 in Redding CT 06896 had a tough time this past year, due to many extreme storms that hit the area.   Sales were affected all over Fairfield County in the winter and fall.   2011 recap   Total home sales for the year: 69 Average Days on the market: 126 Low value: $ 200,000 High value: $ 1,575,000 Average sold price: $ 622,454 Median price: $ 572,500 Average list price: $ 669,748 Pending Sales: 3 Redding CT 06829 2011 Market Report of Real Estate Sales 01/22/2012

Beautiful Community of Redding Woods in Redding, CT 06896! It is so serene at the community of Redding Woods in Redding, CT!     You would love this little community of 23 single family homes!   There are a few homes in Redding Woods that have 2 bedrooms and 2 baths, but most of the  homes in the community are 3 bedrooms, and 3 baths. Prices range from $500,000 to $700,000.     They are lovely, stand-alone homes in a condominium style living – which means maintenance free living!   These single family homes in the community of Redding Woods have open floor plans, large master suites with walk-in closets, 9 foot ceilings, eat-in kitchens, fireplace, and hardwood floors.   The exterior was recently painted. Exterior amenities include colonial architecture, in ground sprinkler systems, fro... 01/22/2012

Redding CT December 2011 Market Report of Sales   Redding CT 06896 Market Report December 2011 Sales The real estate market for December in Redding CT 06896 was very slow due to the problems this fall with Hurricane Irene in the end of August, and then the two feet of wet heavy snow in the end of October.   There was no power and trees down everywhere with both of these disasters.  A very difficult time to show homes.   There will be an increase in January and February of 2012, as things settled back to normal in November and December. December 2011 recap Total home sales for the month: 1Average Days on the market: 153Low value: $ 550,000High value: $ 550,000Average sold price: $ 550,000Median price: $ 550,000Average list price: $ 574,900Pending Sales: 3 Redding CT December 2011 Market ... 01/14/2012

Market Report for Redding, CT 06896-December 23, 2011 Redding is a small rural town in CT that has no shopping area, no malls, just a little town center with a church, a police station, and a nursery.   The sales for Redding have been very low for the past 4 years, and we are hoping to see a rising trend in sales coming soon.  Perhaps the change in the over $1M sales is a good sign.   Total home sales for the month: 9   Average Days on the market: 118   Low value: $ 250,000   High value: $ 1,335,000   Average sold price: $ 605, 888   Median price: $ 535,000   Average list price: $ 664,644   Pending Sales: 4   12/22/2011

Some of you may recall my mini rant from a few days ago...Why do people wait to the last minute? Well 2 good things came out of this: 1.  A new idea for a post...help customers understand the lead times.  Installing hardwood flooring - How long does it take?  At some point, I will follow up w/ other flooring such as carpet, laminate, tile and refinishing.  Thx for the great idea. 2.  One of the customers in the post has come back to me!  Sweet, sweet, sweet. One of these customers is a previous customer of mine. She actually knew there would be a lead time involved since she had previous work done.  She called and was hoping we could help her before her Memorial day bash, but she knew it was a long shot.  We advised her to call that annoying guy on TV since they supposedly have "next da... 05/26/2011

Redding, Connecticut Real Estate Update  January, 2011   Closed home sales in Ridgefield, Connecticut:  There were 7 home sales closed in Redding, CT.  The median closed sales price in Redding was $527,260. On average, these homes sold for 94% of their final list price. Marketing time averaged 276 days on market.  NOTE:  14% of these sales were bank-owned foreclosure properties This compares with 2 closed sales in this month last year, with a median sales price of $796,250.     Currently available homes for sale in Redding, Connecticut: Currently, there are 83 homes for sale in Redding, CT.List Prices range from $275,000 for a small cape to $9,500,000 for an antique estate on 65 acres. Redding, Connecticut is a wonderful New England town that has maintained its rural charm while becomin... 02/25/2011

The Shadow Inventory: How will it affect the Spring Real Estate Market  There is a hidden demon out there that can have a drastic effect on the market as we know it.  This demon is something called The Shadow Inventory.  You may be wondering what it is and how will it affect the Spring Real Estate.  The shadow inventory is made up a four basic types of properties.  These types are pre-foreclosure, bank owned properties, auction properties and government owned properties.  These properties are not on the market currently but are likely to come on the market in the Spring.  Currently there are between 300-400 properties in the shadow inventory in Greater Danbury.  These properties fall into the category of distressed properties and they will usually come onto the market at below market pr... 11/07/2010

Redding, Connecticut Real Estate - Foreclosed and Bank Owned Purchasing a home at a foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. To search the CT MLS listings visit Redding CT MLS listings. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Bank-owned and short sale listings are often marketed with a real estate agent and placed in the Con... 12/02/2009

Click on the Logo for Connecticut's Best Real Estate Rebates   Check out this great hiking site Berkshire Hiking for more information on the area trails. Berkshirehiking.com  The Redding area is so alive with colors that driving from property to property is a wonder to behold! The blue of the water reflected brilliantly. A crooked picture taken while driving on the crooked road that bends around the reservoir. 10/16/2008

Redding is special!  With a long history of attention to zoning regulations, a distinctly rural character and a very rich history dating back to the early 1700s, Redding is a hidden gem among the power-towns of Fairfield County.  General Israel Putnam established winter quarters during the Revolutionary War in what is now known as Putnam Park.  The railroad put Redding on the map in 1852 and steam-powered factories sprouted along the rail lines.  In the early 20th Century Charles Ives and Samuel Clemens, better known as Mark Twain were two of Redding's illustrious residents.  By the early 1930's, there were about two dozen farms in Redding and the remainder of the land returned to forest and woodlands.  Redding has evolved into a historic town, able to preserve its roots while attractin... 04/01/2007

According to the March, 2007 issue of Connecticut Magazine, Redding, CT is the top small town in the state of Connecticut (population 6,500 - 10,000). Redding ranked #1 among similar size towns in Economy, which rated each town based on income, grand list, unemployment rate, mill (tax) rate and aid to children.  Redding ranked #2 in terms of Education, #3 in terms of Crime, and #8 in terms of available Leisure activities. However, Redding also ranked #22 out of 23 in terms of Cost of Living, which calculates the median price of a house and the local property tax burden. Overall, Redding ranked #1 in this population group of Connecticut small towns. Redding is a rural community located in Fairfield County, Connecticut.  The town is dedicated to maintaining its rural character and charm, ... 03/05/2007