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Bethel Home Prices On The Rise

Bethel is among only five towns in the area to see increases in home prices.

First Selectman Matt Knickerbocker announced on Tuesday that a “recap of home sales” shows that Bethel is among five towns out of fifteen to see increased growth in the price of real estate.

 The Town of Bethel saw a 6.44 percent increase, which was below Easton at 10.4 percent, but higher than Wilton at 5.81 percent., and Fairfield at 5.60 percent. Only Bridgewater saw a very high rate of 52.3 percent.

 Towns that had the lowest pricing decline to highest declines, in order, were Danbury, Redding, Westport, New Fairfield, Ridgefield, New Milford, Brookfield, Weston, Newtown, and Monroe.

According to David Stevenson, of Caldwell Banker Real Estate, “Nationally, prices dropped an average of a half percent per month in 2011. However, Bethel remained relatively strong.”

 Stevenson emailed the following Bethel home sales sold between November 24th and December 31st 2011 :

 

44 Maple Avenue - $185,000.

60 Wooster Street - $195,000.

52 Midway Drive - $205,000.

21 Sky Edge Drive - $210,000.

26 Pleasant Street - $226,000.

22 Pell Mell Drive - $255,000.

9 Meckauer Circle - $282,500.

28 Benedict Road - $350,000.

2 Long Meadow - $450,000.

David A. Stevenson January 13, 2012 at 03:13 PM
Thank you for the fine article, Christine. If anyone wants an explanation of the difference between "mean sale price" and "median sale price" - which are significantly different on the nine sales I cited for your article - they can contact me.

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