Connecticut’s Blog ~ Fairfield County Real Estate has moved to:
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In Connecticut the property assessment is equal to 70% of the fair market value of the property as established by the municipal Assessor. The property tax rate is expressed in mills or thousandths of a dollar. A tax rate (mill rate) of 11.74 mills is equivalent to $11.74 of taxes per $1,000 of assessed value.
Each town sets its own mill rate; some municipalities have different mill rates for different districts within that town. Assessment dates for property on the Grand List must be assessed by October 1st of the preceding year. So for property taxes due July 1st, 2014 and January 1, 2015 are determined from assessments computed by the town assessor prior to October 1, 2013 Grand List. Typically the majority of Connecticut towns, real property taxes are payable for the current tax year on July 1st and January 1st, this is the same as the state’s fiscal year. But in some towns payments are made quarterly so check with town hall first.
Rent.com just completed its 2014 list of best cities nationwide for renters raising families with Darien, Connecticut coming in at #6 along with three other Fairfield County, Ct municipalities making the top 25. Rent.com looked at data based on high concentration of family households, high rental inventory, and median income greater than $50K, low crime rate, high school scores and more.
The list of 25 best cities for Renters Raising Families includes ten states from across the nation with Fairfield County, Connecticut have four of the cities:
#24 Ridgefield, Ct. median rent for a 2 bedroom $2,850
#18 New Canaan, Ct. median rent for a 2 bedroom $4,429
#12 Wilton, Ct. median rent for a 2 bedroom $3,383
#6 Darien, Ct. median rent for a 2 bedroom $3,590
To read the full article from Rent.com click here.
For Landlords and Tenants seeking more information on Fairfield County rentals please contact DMK Real Estate and Property Management in Darien, CT.
Green Home construction accounted for $36 Billion in 2013 according to a recent market research by McGraw-Hill Construction . The report shows that green home construction is expected to more than double to $83 – $105 Billion in 2016.
Connecticut Builders and Contractors should affiliate themselves with trained Realtor in the field of energy efficiency and sustainable practices to help sell their Green Homes in Fairfield County, Connecticut.
DMK Real Estate & Property Management has over 25 years’ experience in residential construction and is a National Association Realtor GREEN designee specializing in selling green homes and a sustainable lifestyle.
Jan 9th, 2014.
2013 Single family home sales on the Greenwich MLS are up 10% when compared to 2012 with a total of 642 sold vs. 580. The average selling price for a single family home in Greenwich for 2013 was $2,248,900 down 5% when compared to 2012.
The number of condominium units sold in Greenwich soared a whopping 44% compared to 2012 with a total number of units sold at 168 with an average sales price of $845,719. Continue reading
Year-To-Date and Year-Over-Year October real estate market in Darien, Connecticut has seen a steady increase.
Year-Over-Year homes sold have increased 2.1% and as well an increase of average sales price of 9.5%.
In the month of October compared to last year new listings are up 33.3% along with pending sales up 13.6% as well as average sales price.
Oct 17, 2013.
Single family home sales on the Greenwich MLS are up 10.7% as of September Year-to-Date with a total of 497 sold vs. YTD 2012 of 449. The average selling price YTD for a single family home was $2,111,827 and the median selling price is $1,670,000.
Total rental YTD are down 23.5% from a high YTD in 2012 of 655 down 2013 YTD to 501.
The market is continuing to grow with new listings Year–to-date up 3.72% with a total of 2,538 new listings on the Greenwich MLS.
Currently on the GMLS there are 523 single family homes for sale ranging in price from $487,000 up to $140 million for a 50 acre waterfront estate. Along with that there are 112 Condos and Co-ops currently listed on the GMLS ranging in price from $195,000 up to $5.49 million. Continue reading