Connecticut Real Estate News
Wednesday, August 13, 2008
RealtyQuest Featured Home of the Week - Darien CT
Convenient Darien CT Ranch
Cute and easy one floor living can be yours with this solidly built ranch style home. Situated on the corner of a low-traffic, horseshoe shaped street, this property is conveniently located close to town and trains on a flat usable 1/3 acre.
The yard is fenced and the separate 1 car garage provides excellent parking and storage. The full basement has outside access and high ceilings, offering an excellent opportunity for finishing the space. Potential for expansion up and/or out allows this home to grow or not, depending on your needs.
The easy flowing interior of this Darien home features hardwood floors, a good sized living room with fireplace, an eat in kitchen, 2 spacious bedrooms and 1 bath. There is loads of closet and storage space throughout the house and having the laundry on the main living level makes every day life more convenient.
Features
Living room with fireplace
Eat in kitchen
Two spacious bedrooms
1 Bath
Hardwood floors
Full basement with outside access
First floor laundry
Attic storage
Detached 1 car garage
1/3 acre flat usable property
Fenced yard
Opportunity for expansion
Convenient to town, schools and train
For More Information:
Contact David Epprecht at RealtyQuest 203-656-4993 or go to http://www.realtyquest.com/ for a detailed real estate listing and additional photos.
posted by David Epprecht at 7:16 AM
Tuesday, August 12, 2008
RealtyQuest Monthly Sales Report for Darien CT Real Estate June 2008
22 Darien, CT homes closed in June 2008
Highest Price:
135 Five Mile River Road
$4,250,000
Market time 76 days*
Lowest Price:
16 Chestnut Street
$520,000
Market time 123 days*
Monthly Darien Stats:
Average selling price: $1,629,864
Median Selling Price $1,422,500
Average selling days on market 106
Average percentage of asking price 95%
In June 22 Darien homes sold in Darien, down 60% from June of last year and four less than May 07's 26. Seven of the 22 sold for less than $1 million and six sold for more than 2 million. The month to month average selling price of a single family Darien home is down by $154,174 and the median is slightly higher. Dollar sales volume for June is about 1/3 of the volume recorded for June 2007.
One stat that is hard to get right these days is "days on market or "market time". Providing an accurate number of days on market is difficult because market time is skewed by sellers who let their listing contracts expire and then re list. For example, one of the homes listed above, 135 Five Mile River, was on the market most recently for 76 days before selling, which seems like a very reasonable amount of time given today's real estate market. However, this home was also listed for over a year before the listing expired and the owners re listed with another company.
As Darien buyers and sellers continue to assess the evolving marketplace, prices are often reduced significantly before buyers are willing to make an offer. Using 135 Five Mile River as an example again, this property sold after reducing the price 500k and then sold at 89% of the new asking price, more than 1 million dollars less than the original price! Determining a home's marketing price is difficult for many sellers and brokers today because the market has changed so quickly. It is certainly a buyer's market!
For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit http://www.realtyquest.com/.
Highest Price:
135 Five Mile River Road
$4,250,000
Market time 76 days*
Lowest Price:
16 Chestnut Street
$520,000
Market time 123 days*
Monthly Darien Stats:
Average selling price: $1,629,864
Median Selling Price $1,422,500
Average selling days on market 106
Average percentage of asking price 95%
In June 22 Darien homes sold in Darien, down 60% from June of last year and four less than May 07's 26. Seven of the 22 sold for less than $1 million and six sold for more than 2 million. The month to month average selling price of a single family Darien home is down by $154,174 and the median is slightly higher. Dollar sales volume for June is about 1/3 of the volume recorded for June 2007.
One stat that is hard to get right these days is "days on market or "market time". Providing an accurate number of days on market is difficult because market time is skewed by sellers who let their listing contracts expire and then re list. For example, one of the homes listed above, 135 Five Mile River, was on the market most recently for 76 days before selling, which seems like a very reasonable amount of time given today's real estate market. However, this home was also listed for over a year before the listing expired and the owners re listed with another company.
As Darien buyers and sellers continue to assess the evolving marketplace, prices are often reduced significantly before buyers are willing to make an offer. Using 135 Five Mile River as an example again, this property sold after reducing the price 500k and then sold at 89% of the new asking price, more than 1 million dollars less than the original price! Determining a home's marketing price is difficult for many sellers and brokers today because the market has changed so quickly. It is certainly a buyer's market!
For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit http://www.realtyquest.com/.
posted by David Epprecht at 7:32 AM
Monday, June 16, 2008
RealtyQuest Monthly Sales Report for Darien CT Real Estate May 2008
26 Darien CT homes closed in May of 2008
Highest Price:
131 Long Neck Road
$4,700,000
Market time 246 days
Lowest Price:
101 Hoyt Street
$480,000
Market time 91 Days
Monthly Darien Stats:
Average selling price: $1,784,038
Median selling price: $1,362,500
Average selling days on market: 115
Average percentage of asking price: 94%
For a complete list of available Darien properties for sale, visit http://www.RealtyQuest.com/ or call us at 203-656-4993.
Highest Price:
131 Long Neck Road
$4,700,000
Market time 246 days
Lowest Price:
101 Hoyt Street
$480,000
Market time 91 Days
Monthly Darien Stats:
Average selling price: $1,784,038
Median selling price: $1,362,500
Average selling days on market: 115
Average percentage of asking price: 94%
Real estate sales picked up nicely in Darien in May. Twenty-six homes sold, up from the 12 Darien homes sold in April, but still only 62% of the 42 Darien homes sold in May '07. Eight of the 26 sold over two million dollars and eight sold for under 1 million. Average and median price fell slightly from April. The total volume of homes sold in May came to $46,385,000 compared to $67.466.000 for May '07.
As the spring market continues on into the summer, Darien will continue to offer some excellent buying opportunities. Smart buyers are looking to purchase property now, before the market starts to take off again. Sellers who price right are moving their properties in a reasonable amount of time.For a complete list of available Darien properties for sale, visit http://www.RealtyQuest.com/ or call us at 203-656-4993.
posted by David Epprecht at 6:30 AM
Friday, June 13, 2008
RealtyQuest Featured Home of the Week - Newtown CT
Newtown CT colonial only steps to Lake Zoar!
Totally rebuilt in 2000, this beautiful 2,100 square foot Newtown CT colonial home is nicely sited on a level .46 acre fenced property only a short walk to Lake Zoar. Features include a stunning eat-in-kitchen with maple cabinets, granite countertops, SS appliances and tile floor. The kitchen opens onto a lovely 14x22 screen porch that could easily be converted to a family room. An outstanding great room with natural stone floor-to-ceiling fireplace. The spacious master suite offers both a walk-in closet and a huge 14x15 bath with Jacuzzi tub. The loft on the 2nd floor would make a great office space overlooking the open foyer. In the summer heat you'll keep cool with central air or just take a short walk to Lake Zoar to relax, picnic, or launch your boat/kayak. Loads of storage and an oversized 2-car garage complete the package. This home is an easy commute to I84, town and schools. If you are looking for quality and convenience pack your bags and move right in!
Features
House was rebuilt in 2000 on the existing foundation. In addition to everything IN the house, all of the following are NEW in 2000: Roof, Siding, Gutters, Central Air Unit, Ducting, Oil Tank, Water Heater, Furnace, Septic and Leaching Fields.
· Designer kitchen with beautiful cabinetry, granite countertops & SS appliances.
House was rebuilt in 2000 on the existing foundation. In addition to everything IN the house, all of the following are NEW in 2000: Roof, Siding, Gutters, Central Air Unit, Ducting, Oil Tank, Water Heater, Furnace, Septic and Leaching Fields.
· Designer kitchen with beautiful cabinetry, granite countertops & SS appliances.
· Spacious master BR suite on 2nd level has huge walk-in-closet with shelving and drawers
· Awesome 14x15 bath with Jacuzzi tub, shower, and dual vanities
· Washer and Dryer (04) on second level are included with sale.
· Central air conditioning and heating system are both two-zoned
· 200 amp electrical service
· Security System
· 14 x 22 screened in porch can easily be converted to family room, if desired.
· All ceiling fans stay with the house
· All window treatments stay with the house
· Oil heat (tank in cellar) and forced hot air system
· Water is provided by private water company (Olmstead)
· Full stand up attic accessible by pull-down stairs. Lots of storage!
· .46 acre lot is completely fenced in
· Detached 2-car garage has third bay for extra storage or small boat
· Awesome 14x15 bath with Jacuzzi tub, shower, and dual vanities
· Washer and Dryer (04) on second level are included with sale.
· Central air conditioning and heating system are both two-zoned
· 200 amp electrical service
· Security System
· 14 x 22 screened in porch can easily be converted to family room, if desired.
· All ceiling fans stay with the house
· All window treatments stay with the house
· Oil heat (tank in cellar) and forced hot air system
· Water is provided by private water company (Olmstead)
· Full stand up attic accessible by pull-down stairs. Lots of storage!
· .46 acre lot is completely fenced in
· Detached 2-car garage has third bay for extra storage or small boat
Walk to Lake Zoar! There is a small pavilion with picnic tables and an area where small boats are launched. Area residents also use small beach there. At one time, there was an active lakeside community association. Homeowners in area use this area, but there is no specific association or town control over area. Bring your kayak to the launch area and take a relaxing ride on the beautiful Lake Zoar.
For More Information:
Contact Barbara Altieri at RealtyQuest 203-656-4993 or go to http://www.realtyquest.com/ for a detailed real estate listing and additional photos.
posted by David Epprecht at 11:04 AM
Tuesday, June 3, 2008
RealtyQuest Featured Home of the Week - Wilton CT
Wilton Connecticut New Construction
This beautifully detailed and conveniently located South Wilton, CT home is only minutes to town, schools and commuter highways. Sited on a pretty 1.5 acre property with mature plantings, the peaceful 3,200 SF home offers the warmth and charm of its 1940’s beginning, but has been completely rebuilt for today's lifestyle.
Enjoy expansive living areas and the sun filled open lifestyle this 4 bedroom 3 1/2 bath new colonial offers. Distinctive detail and quality construction are found throughout the home. Two stone fireplaces, vaulted ceilings and beautifully laid hardwood floors distinguish the interior. The sunny, south facing gourmet kitchen features a separate breakfast area. The adjoining family room provides plenty of space for family and friends and the large deck provides great space for relaxing or entertaining.
Features:
· 4 Bedrooms
· Master Suite with large tumbled marble Master Bath
· Three Full Baths
· One ½ Bath
· 3,153 Sq Ft of usable living space
· Central Air and Heating
· Beautiful Hardwood Floors throughout
· Updated Gourmet Kitchen
· Spacious Sunny and Usable Living Room with Fireplace
· Elegant Dining Room perfect for entertaining or family gatherings
· Large Family Room off Kitchen perfect for relaxation.
· Expansive 1.5 acre property
· Loads of storage and closet space
· Two stone fireplaces
· Two car attached garage
· Spacious wooden deck overlooking property
For More Information:
Contact Fran Varcoe at 203-656-4993 or visit http://www.realtyquest.com/
This beautifully detailed and conveniently located South Wilton, CT home is only minutes to town, schools and commuter highways. Sited on a pretty 1.5 acre property with mature plantings, the peaceful 3,200 SF home offers the warmth and charm of its 1940’s beginning, but has been completely rebuilt for today's lifestyle.
Enjoy expansive living areas and the sun filled open lifestyle this 4 bedroom 3 1/2 bath new colonial offers. Distinctive detail and quality construction are found throughout the home. Two stone fireplaces, vaulted ceilings and beautifully laid hardwood floors distinguish the interior. The sunny, south facing gourmet kitchen features a separate breakfast area. The adjoining family room provides plenty of space for family and friends and the large deck provides great space for relaxing or entertaining.
Features:
· 4 Bedrooms
· Master Suite with large tumbled marble Master Bath
· Three Full Baths
· One ½ Bath
· 3,153 Sq Ft of usable living space
· Central Air and Heating
· Beautiful Hardwood Floors throughout
· Updated Gourmet Kitchen
· Spacious Sunny and Usable Living Room with Fireplace
· Elegant Dining Room perfect for entertaining or family gatherings
· Large Family Room off Kitchen perfect for relaxation.
· Expansive 1.5 acre property
· Loads of storage and closet space
· Two stone fireplaces
· Two car attached garage
· Spacious wooden deck overlooking property
For More Information:
Contact Fran Varcoe at 203-656-4993 or visit http://www.realtyquest.com/
posted by David Epprecht at 7:51 AM
Wednesday, May 28, 2008
RealtyQuest Featured Home of the Week - Darien CT
Darien Connecticut Dream HomeEnjoy the quiet serenity and the security of this private, secluded waterfront neighborhood home. Located on a peaceful cul-de-sac in Noroton Bay, this enchanting 5,000 square foot home is situated on 1 acre of meticulously landscaped grounds.
Enter this lovely 4 bedroom colonial and take pleasure in the expansive living areas and sun filled open lifestyle with dazzling water views. Distinctive detail and quality construction are found throughout. Enjoy a gorgeous sunrise overlooking your own saltwater pond. This sought after waterfront community has something to offer everyone.
Only steps away from the private beach, pier, and refreshing snack bar, this Darien CT property is a water enthusiast’s dream home come true. Noroton Bay’s gentle breezes remind you that Long Island Sound is nearby. The essence of waterfront living is captured for you in this special offering.
Features:
· 4 Bedrooms
· Master Suite with large Master Bath
· Four Full Baths
· One ½ Bath
· 4,888 Sq Ft of living space
· Central Air
· Beautiful Hardwood Floors
· Updated Gourmet Eat In Kitchen
· Spacious and Sunny Living Room with Fireplace
· Elegant Dining Room perfect for entertaining or family gatherings
· Large Family Room off dining room perfect for relaxation.
· Expansive acre property on cul-de-sac
· Loads of storage and closet space
· Access to pier and mooring
· Screened in porch overlooking salt water pond
· Private Noroton Bay Association
· Walk to private beach, play area and snack bar
For more information:
Contact Morgan Fine at 203-656-4993 or visit http://www.realtyquest.com/.
posted by David Epprecht at 1:19 PM
Friday, May 9, 2008
RealtyQuest Monthly Sales Report for Darien CT Real Estate April 2008
12 Darien homes closed in April of 2008.
Highest Price:
11 Peabody Lane
$3,250,000
Market Time 142 days*
Lowest Price:
157 West Avenue
$1,170,000
Market Time 272 days*
Monthly Stats:
Average selling price:$1,820,583
Median selling price: $1,555,000
Average selling days on market: 125
Average percentage of asking price 96%
Darien real estate activity picked up marginally from the eleven homes sold in March with 12 sold homes, just 1/2 the 24 homes sold in April of 2007. Inventory of available homes for sale continued to increase, giving buyers plenty of homes to choose from at every price point. Market time was 125 days versus 118 days for April of last year. Average selling price is up to $1,820,583 from last April's average of $1,383,938. Don't get carried away with excitement though - Darien's April total sales volume is down to 66% of last year's.
Average market time is becoming more difficult to measure accurately* because many houses on the market these days tend to be listed multiple times before they actually sell. For example, in March one home sold at 82% of it's listed price in 142 days. This house had been on the market multiple times since February of 2004 without selling and sold for 1/2 the price it was listed for originally. That transaction is an extreme example of the trend.
Regardless of all the bad news for sellers, smart buyers who work with informed real estate agents are finding deals in this market. Homes that are priced properly are selling in a reasonable amount of time. Darien is a great place to live for many reasons including long term investment. For additional information on all the benefits of living in Darien, CT and a complete list of available Darien homes for sale visit our website http://www.realtyquest.com/ or call RealtyQuest any time at 800-656-4993.
Highest Price:
11 Peabody Lane
$3,250,000
Market Time 142 days*
Lowest Price:
157 West Avenue
$1,170,000
Market Time 272 days*
Monthly Stats:
Average selling price:$1,820,583
Median selling price: $1,555,000
Average selling days on market: 125
Average percentage of asking price 96%
Darien real estate activity picked up marginally from the eleven homes sold in March with 12 sold homes, just 1/2 the 24 homes sold in April of 2007. Inventory of available homes for sale continued to increase, giving buyers plenty of homes to choose from at every price point. Market time was 125 days versus 118 days for April of last year. Average selling price is up to $1,820,583 from last April's average of $1,383,938. Don't get carried away with excitement though - Darien's April total sales volume is down to 66% of last year's.
Average market time is becoming more difficult to measure accurately* because many houses on the market these days tend to be listed multiple times before they actually sell. For example, in March one home sold at 82% of it's listed price in 142 days. This house had been on the market multiple times since February of 2004 without selling and sold for 1/2 the price it was listed for originally. That transaction is an extreme example of the trend.
Regardless of all the bad news for sellers, smart buyers who work with informed real estate agents are finding deals in this market. Homes that are priced properly are selling in a reasonable amount of time. Darien is a great place to live for many reasons including long term investment. For additional information on all the benefits of living in Darien, CT and a complete list of available Darien homes for sale visit our website http://www.realtyquest.com/ or call RealtyQuest any time at 800-656-4993.
posted by David Epprecht at 6:54 AM
