Fab Real Estate Blog: Danbury, CT - January, 2011 Real Estate Market Report

Danbury, CT - January, 2011 Real Estate Market Report

Danbury, Connecticut Real Estate Update
January, 2011

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 16 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $268,000. 

On average, these homes sold for 95% of their most recent list price.

Days on Market averaged 170 days of market time. 

This compares with 19 closed sales in January, 2010, with a median closed sales price of $210,000.


***  What is interesting to note is that 31% of these sales were either short sales or bank-owned foreclosure sales.

 

Condos:
There were 16 condominium sales closed in Danbury, CT.
The median closed sales price was $203,700.
On average, these homes sold for 94% of their most recent list price.

This compares with 11 closed sales in January, 2010, with a median closed sales price of $190,000.

 *** What is interesting to note is that 19% of these sales were either short sales or bank-owned foreclosure sales.

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Danbury CT Median Sales Prices




Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 236 single family homes for sale in Danbury, CT.
List Prices range from $99,900 for a bank-owned fixer to $3,750,000 for a large estate home on more than 50 acres.

Condos:
Currently, there are 194 condos available for sale in Danbury, CT.
List prices range from $53,500 - $639,000.


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
Real Estate Broker
203.947-1107
Connecticut Real Estate and Homes for Sale

 

Data compiled from the Greater Fairfield County MLS and believed to be accurate

 

 

Comment balloon 0 commentsDon Fabrizio-Garcia • February 25 2011 03:04PM

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