Posts made by author 'Chris Garrity'

Bain Real Estate Sharon Mountain 2019 August Market Report.

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Dear Neighbor,

The market continues its steady course with numbers tracking as they have for a few years. There have been 45 residential sales in last 365 days and 26 in 2019.  In 2018, there were 48 sales and 29 sales in the first seven months of 2018.

Weekend buyers are still seeking affordable housing opportunities with a keen intent on not overinvesting in a house that gets limited use.  Sellers are recognizing that while they invested in their homes over time, buyers are not valuing the upgrades as much as sellers might have hoped.

As to land parcels, we have seen tepid sales transactions.  Only 3 sales...

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Bain Real Estate Ellsworth 2019 June Market Report.

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29 Morey Road- 2 acres                              

Closed for $165,000                                     

2100 sq. 1966/ 4bd-1.5 bths                          

Needs considerable remodeling                      

                                                                          ...

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Bain Real Estate Kent Hollow 2019 May Market Report

Dear Neighbor,

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            Litchfield County's real estate market has strengthened nicely since the Great Recession ten years past. As the economy has strengthened buyer confidence has in turn responded positively. So, growth has ensued. Hence in 2017, we saw 36 sales in Kent and in 2018 we had 49 and in the first quarter of 2019 we are even with 1^st quarter 2018.  A cautionary approach is advised, however, as the local, state, national and even global issues affect consumer confidence and the winds could blow in a different direction tomorrow!  

            In fact, we are seeing this se...

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Bain Real Estate Westwoods 2019 March Market Report.

Dear Neighbor,

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Our Litchfield County's real estate market has grown nicely since the Great Recession ten years past. As the economy has strengthened buyer confidence has in turn responded positively. So, growth has ensued. Hence in 2016, we saw 58 sales in Sharon and in 2017 we had 50. We had 47 sales transactions in Sharon in the last 12 months and the drop might be attributable to declining listing levels as there are now only 62 listings available. 

Weekend buyers are seeking affordable housing opportunities with a keen intent on not over-investing in a house that gets limited use.  Sellers who have over-invested in their homes in the last 10 y...

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Bain Estate Sharon West Cornwall 2019 February Market Report.

Dear Neighbor,

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Litchfield County's real estate market has strengthened nicely since the Great Recession ten years past. As the economy has strengthened buyer confidence has in turn responded positively.  So, growth has ensued. Hence in 2016 we saw 58 sales in Sharon and in 2017 we had 50. We   had only 46 sales transactions in Sharon in the last 12 months but while the drop might be attributable to declining listing levels, a cautionary approach is advised as the local, state, national and even global issues effect consumer confidence. 

In fact, we are seeing this manifest on the upper end of the...

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