bridgewater

Bridgewater is a town located in Litchfield County, Connecticut. Early Bridgewater was divided into several districts, each having its own store, school, mills, and blacksmith and woodworking shops. Bridgewater today is largely residential. This site is provided as a service to our residents and neighbors, and will enhance the Town’s ability to provide better information to our community.

Dairy farming developed in the 19th century. Hat making flourished 1823 to 1870, when Glover Sanford & Sons had a factory on Hat Shop Hill. For some years Bridgewater was the boyhood home of Captain William D. Burnham, founder of the American Hawaiian Steamship Company. His generous bequests made possible the library and the school on Main Street that bear his name. The town was also the birthplace and place of business of Charles B. Thompson, a leading pioneer in mail-order selling.

• 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.