The town of Bethlehem, located in Litchfield County, is in the north central part of the state and contains Bethlehem Village, the town’s historic district. Settled in 1734 and incorporated in 1787, Bethlem, as it was then known, was home to Joseph Bellamy, founder of the first theological school in America. Mainly a farming community until the early 19th century, the town used its abundant water power to operate textile mills, a wagon factory, and a straw hat and bonnet factory. Today Bethlehem is known as Connecticut’s “Christmas Town” and is home to the Bellamy-Ferriday House and Garden.
With a population of just over 3,500, this town offers residents and visitors quite a bit of recreation and attractions. The Bethlehem Vineyard and Winery is a family operated business creating homemade wines from estate grown grapes and locally grown fruit. March Farm is also a family operated business offering over 50 acres of pick-your-own fruits, like: strawberries, blueberries, peaches and apples. The Bellamy-Ferriday House, built in 1754, is a Connecticut landmark and well-preserved piece of history. Today, the house is surrounded by a luscious garden with an abundance of rare plants, open to the public for walking tours and seasonal events.
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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.
