The Litchfield County luxury real estate market experienced its worst year in six years in 2009, but veteran brokers are optimistic. In 2009, there were 53 ($1.0+ million) sales throughout the County vs. 63 during 2008 (-16%). In total, $98,109,000 traded during 2009 vs. $136,976,000 in 2008 (-28%). The average price for a $1.0+ million property decreased -15% in 2009 to $1,851,123 and the median price decreased -10% to $1,650,000.

Although buyers remained cautious during the first half of 2009, there was a significant up tick during the second half of the year (approximately 60% of sales happened during the second half of 2009) as compared to the first half of the year and as compared to the second half of 2008. The six biggest dealsfor 2009 also happened in the second half of the year and KLEMM is proud to claim these EXCLUSIVELY.

The positive momentum continues into 2010 with several KLEMM record-breaking sales now in contract and scheduled to close in the coming weeks. The best properties are moving when properly priced. And savvy sellers are beginning to price realistically for today's market. We're actually seeing more activity now during the Winter months than in recent years.

In this challenging market, buyers and sellers require experience and a proven track record. For 2009, Klemm has once again achieved the #1 market share in sales throughout Litchfield County. Klemm also continues to dominate the $1.0+ million home market with an overwhelming #1 market share, which is more than 3 times the nearest competitor.

Klemm is proud to claim record-breaking sales in 2009 in the Towns of Bridgewater, Roxbury, Washington, Litchfield, Middlebury, Sherman & Warren.

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