Business & Tech
Fourth of July Appears to Have Helped Home Sales
Fourteen homes were sold last week, the most in a one-week period so far in 2011 though similar to the same period last year.
Fourteen home sales closed out the first half of the year, the most the town has seen in a one-week period so far in 2011.
This was the same number of sales as last year during the same period, but last year the same dates (June 28 to July 4) included Monday through Sunday, an additional business day for closings. This year, that same period included a Tuesday through the holiday, Monday, July 4.
This pattern may reflect a desire to close before June 30, perhaps because property taxes are due on July 1 and adjustments to closing costs are minimal, or all parties involved wanted to barbeque on the Fourth of July in their new homes.
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At the same time, according to the Fairfield County Multiple Listing Service, 134 homes sold in the first half of 2011, compared with 138 during the same period in 2010.
16 Equestrian Ridge, Newtown
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Listed: $899,900
Sold: $845,000
Closed: 6/30/11
13-room colonial with 4 bedrooms and 4½ baths
4,485 square feet, 4 acres, built in 1998
73 Poverty Hollow Road, Newtown
Listed: $899,900
Sold: $775,000
Closed: 6/27/11
11-room colonial with 4 bedrooms and 4½ baths
3,760 square feet, 3.38 acres, built in 1985
80 Marlin Road, Sandy Hook
Listed: $765,000
Sold: $729,000
Closed: 6/30/11
11-room colonial with 4 bedrooms and 3½ baths
4,046 square feet, 2.25 acres, built in 2002
106 Boggs Hill Road, Newtown
Listed: $829,000
Sold: $692,000
Closed: 6/30/11
10-room colonial with 4 bedrooms and 4 baths
3,881 square feet, 3 acres, built in 1989
29 Old Farm Hill Road, Newtown
Listed: $649,000
Sold: $617,000
Closed: 6/30/11
12-room colonial with 4 bedrooms and 2½ baths
3,208 square feet, 2.02 acres, built in 1993
147 Brushy Hill Road, Newtown
Listed: $629,000
Sold: $595,000
Closed on: 7/1/11
9-room colonial with 4 bedrooms, 2 full and 2 half baths
3,884 square feet, 2.52 acres, built in 1990
42 Echo Valley Road, Newtown
Listed: $629,000
Sold: $585,000
Closed: 6/30/11
9-room colonial with 4 bedrooms and 2½ baths
2,718 square feet, 2.13 acres, built in 1979
34 The Boulevard, Newtown
Listed: $499,000
Sold: $470,000
Closed on: 6/28/11
9-room colonial with 4 bedrooms and 2½ baths
2,708 square feet, 1 acre, built in 1986
175 Hattertown Road, Newtown
Listed: $495,000
Sold: $470,000
Closed: 6/30/11
8-room colonial with 4 bedrooms and 2½ baths
2,680 square feet, 2.07 acres, built in 1999
32 Franklin Court, Newtown
Listed: $485,000
Sold: $465,000
Closed: 6/29/11
6-room townhouse in Liberty at Newtown (55+)
2 bedrooms and 2½ baths
2,188 square feet, built in 2005
12 Lakeview Terrace, Sandy Hook
Listed: $429,000
Sold: $350,000
Closed: 6/29/11
7-room colonial with 3 bedrooms and 2½ baths
2,421 square feet, 1.08 acres, built in 2002
8 Hawthorne Hill Road, Newtown
Listed: $385,000
Sold: $350,000
Closed: 6/30/11
7-room raised ranch with 3 bedrooms and 2 baths
1,362 square feet, 1 acre, built in 1969
5 Sealand Drive, Newtown
Listed: $364,900
Sold: $340,000
Closed: 6/30/11
8-room split level with 4 bedrooms and 2½ baths
1,446 square feet, .83 acre, built in 1960
53 Hilldale Drive, Sandy Hook
Listed: $108,000
Sold: $108,000
Closed on: 6/28/11
4-room cottage with 1 bedroom and 1 bath
976 square feet, .62 acre, built in 1930
Editor's note: Since this article was first published, it has been updated to include information on the number of homes sold during the first half of the year.
