Danbury, Connecticut Real Estate Update
Closed home sales in Danbury, Connecticut:
Single Family Homes:
There were 24 single family home sales closed in Danbury, CT.
The median closed real estate sales price for single family homes in Danbury was $309,000.
On average, these homes sold for 98% of their most recent list price.
Days on Market averaged 186 days of market time.
This compares with 36 closed sales in September, 2008, with a median closed sales price of $315,000.
*** What is interesting to note is that of these 17% of these sales were either bank-owned foreclosure homes or pre-foreclosure short sales.
There were 31 condominium sales closed in Danbury, CT.
The median closed sales price was $225,000.
On average, these homes sold for 96.6% of their most recent list price.
This compares with 36 closed sales in September, 2008, with a median closed sales price of $246,000.
Currently available homes for sale in Danbury, Connecticut:
Single Family Homes:
Currently, there are 290 single family homes for sale in Danbury, CT.
List Prices range from $107,500 for a bank-owned colonial to $2,100,000 for a large Candlewood Lake waterfront home with guest house.
Currently, there are 235 condos available for sale in Danbury, CT.
List prices range from $60,000 - $739,000.
Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut Real Estate & Appraisals
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate