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Old 12-02-2007, 06:54 PM
Div Div started this thread
 
1 posts, read 2,728 times
Reputation: 10

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Hello Everyone,

I have been renting from the last 3 years. I am fed up with the prices, noisy neighbours and I am planing to buy a home next year. My husband works in NYC and hence we want a closer commute. We are looking for homes in Trumbull,Orange,Stratford,Milford, Shelton and Huntington in the 300-400k range. Though the market is down, I keep seeing pricey homes in all the home sites. Do these sites get refreshed often from MLS (or) do the prices reflect the current market.
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Old 12-03-2007, 05:34 AM
 
394 posts, read 2,003,152 times
Reputation: 261
Actually, I just posted something that Silver203 posted recently that compares home prices among Connecticut towns, so I might as well post it here, too. I hope I am allowed to repost someone's else's posts; I just find the information so helpful in comparing towns.

The prices are from 2005, so while there might be some slight changes it should still be pretty accurate. I think you'll find prices now to be a bit lower than listed here due to the housing slump. You can find many homes in the areas you are looking at, but in some of the more expensive towns such as Trumbull the homes will require a bit of updating. Good luck with your move!

Estimated Median Home Prices for 169 Towns (from 2005)

"These are the estimated median home/condo prices from 2005. The numbers may have changed a bit, but the order should be fairly accurate. Connecticut's estimated median for 2005 is $271,500."

Hope this helps those who are in the process of choosing a town.


New Canaan $1367700
Greenwich 1286300
Darien 1170200
Weston 1043300
Westport 1030000
Wilton 923500
Easton 750000
Ridgefield 706900
Redding 648000
Stonington 618700
Roxbury 585400
Stamford 567500
Fairfield 536400
Woodbridge 516900
Lyme 470600
Norwalk 456000
Bridgewater 455000
Trumbull 428600
Sherman 427100
Monroe 422300
Madison 419700
Orange 412100
Brookfield 409300
Old Lyme 409200
Newtown 404400
Avon 383600
Washington 382300
Killingworth 381800
Woodbury 381500
New Fairfield 377400
Essex 376300
Guilford 371900
Salisbury 370300
Bethany 359700
Shelton 357700
Danbury 351700
Simsbury 349000
Bethlehem 347000
Litchfield 343300
Cheshire 342800
Goshen 342000
Southbury 337100
Oxford 336500
Glastonbury 333200
Warren 330700
Middlebury 321100
Cornwall 320900
Westbrook 310700
Old Saybrook 309600
Kent 305700
Burlington 304300
Salem 299000
Branford 298100
Farmington 295700
Chester 293300
Morris 292300
Prospect 292200
Sharon 291200
New Hartford 290400
North Branford 289400
Somers 289300
Durham 289100
North Haven 288900
Haddam 281000
Bethel 276300
Colebrook 276300
Pomfret 275700
East Lyme 274600
Marlborough 274100
Milford 272800
Canton 272100
Norfolk 270600
Granby 269700
Stratford 268900
West Hartford 268500
Colchester 267800
East Haddam 265800
Suffield 262600
Bolton 262400
Wallingford 261800
Barkhamsted 261700
Berlin 260700
Middlefield 260300
Deep River 259500
Harwinton 259200
Clinton 257100
New Milford2 57000
East Granby 256900
Waterford 255400
Hebron 255000
Seymour 255000
South Windsor 254900
North Stonington 252800
Rocky Hill 251700
Southington 250400
Beacon Falls 250000
Tolland 249500
Hartland 247000
Wethersfield 242500
Eastford 242300
Ledyard 240900
Columbia 240800
Watertown 240700
Ellington 238700
Ashford 237800
Franklin 237700
Bozrah 235100
Woodstock 234800
Preston 232600
Lebanon 232200
Wolcott 231900
Scotland 231700
Andover 231100
East Hampton 230100
Cromwell 229600
Ansonia 226400
Hamden 225900
Canterbury 225800
Hampton 225200
Middletown 224600
Portland 224200
Mansfield 221000
Derby 220900
Brooklyn 220500
Newington 220400
Thomaston 220400
Bridgeport 218800
Coventry 218600
Lisbon 217200
Sprague 216400
Windsor 216400
Naugatuck 215000
Union 213600
Willington 213300
Montville 209700
Thompson 207800
Chaplin 207700
North Canaan 207700
East Windsor 207600
Groton 207500
Vernon 207400
Voluntown 207300
Winchester 206800
East Haven 205500
Bloomfield 204600
Sterling 203100
Plymouth 201300
Griswold 199800
Canaan 196900
Bristol 196800
Plainville 195000
Stafford 193700
Meriden 192400
West Haven 191800
Torrington 190600
Manchester 190300
Enfield 189500
New Haven 188200
Putnam 188000
Plainfield 186100
Norwich 185100
Windsor Locks 184600
Windham 183100
New London 180200
Killingly 177500
Hartford 173200
East Hartford 171700
New Britain 157500
Waterbury 143600
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Old 12-03-2007, 09:14 AM
 
Location: Connecticut
34,933 posts, read 56,935,296 times
Reputation: 11228
If your maximum price is $400k then you might look at houses a little above that and then offer a lower price. $400k does not buy a lot of home anywhere near New York City. Even though the market is down a bit from the peak a few years ago, it has not crashed. If you register with a real estate company's web site, thye will usually allow you to see what homes are selling for in the towns you are in looking at. Jay
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Old 12-07-2007, 10:59 AM
 
490 posts, read 1,788,342 times
Reputation: 262
Smile Fairfield, CT

Div,
Have you thought of the Town of Fairfield? Lots of houses for sale there, many in your range. From experience, they all sell lower than the asking price (unless the price is so low that people fight for it). Fairfield has great schools but no good public transportation in the form of buses (having one car a must, two much better). Going to NYC takes about 70 minutes+-. There are no parking permits for the train station so the only way to park is on the daily parking lot for $6/day. Check out the site for william raveis real estate. You can check how much houses have sold for as well as what is on the market. You have to sign on but they won't contact you so being bothered won't be a problem. I just bought something with them and was pretty happy with the service. They have the biggest market share in Fairfield and Trumbull.

I also visited Milford (which is part of New Heaven Cty) and like it very much. It is a town with lots of stuff to do. However, Fairfield is more residental and closer to NYC. Trumbull does not even have a train station so you have to go to either Fairfield or Bridgeport to go to NYC.

Best luck
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