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beacon falls

The town of Beacon Falls, with a population of 6,049 is located in southwest Connecticut where it is bisected by the Naugatuck River. The area, 9.8 sq. miles, a Native American camping ground on which many relics such as arrowheads have been found, was first settled by colonists from Derby in 1678. The town was incorporated in 1871 on lands from each of the bordering towns: Bethany, Naugatuck, Oxford, and Seymour. Beacon Falls' principle industries include agriculture, warehouse storage and manufacture of plastic molding and small hardware.

During the 1970s, the town's two major employers began to see a decrease in demand, and production dwindled. By the 1980s, both firms had left Beacon Falls. The town faced a precarious future and needed to reinvent itself to survive.

Over the next couple decades, a variety of retail, manufacturing, warehousing, construction, and service businesses revitalized the town, and a solid tax base returned. Beacon Falls is now poised to take advantage of global business markets. By welcoming like-minded visionaries and creative entrepreneurs, investors, and trendsetters, the town will continue to evolve successfully.


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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS

  • The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.

  • Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.

  • Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area.  Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.


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