cornwall
Cornwall is in northwestern Litchfield County. It is bordered to the north by the town of Canaan, to the east by Goshen, to the south by Warren, to the southwest by Kent, and to the west, across the Housatonic River, by Sharon.
Cornwall is a member of Regional School District 01, which also includes the towns of Canaan, Kent, North Canaan, Salisbury, and Sharon. Public school students attend the Cornwall Consolidated School for grades K-8 and Housatonic Valley Regional High School for grades 9-12.
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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.