Fab Real Estate Blog: Brookfield, CT - March, 2008 Real Estate Market Report

Brookfield, CT - March, 2008 Real Estate Market Report

Brookfield, Connecticut Real Estate Update 
March, 2008

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 9 single family home sales closed in Brookfield, CT.
List Prices ranged from $365,000  - $759,900.
Closed Sales Prices ranged from $330,000 - $687,000.

The average closed real estate sales price for single family homes in Brookfield was $474,111.
The median closed sales price was $480,000.
On average, these homes sold for 94.3% of their final list price.
Days on Market ranged from 45 - 559 days, with the average being 279 days of market time. 

This compares to 9 closed sales in March, 2007, with an average sales price of $405,197 and a median closed sales price of $354,275.

There were 4 condominium sales closed in Brookfield, CT.
The average sales price was $317,250
The median sales price was $283,050
These units sold for 96.7% of the most recent list price.

This compares to 7 closed sales in March, 2007 with an average sales price of $219,357 and a median sales price of $2205,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 156 single family homes for sale in Brookfield, CT.
List Prices range from $189,900 for a 2 bedroom foreclosure home to $1,595,000 for an expanded and renovated antique home on over 5 acres.

Currently, there are 36 condos for sale in Brookfield, CT.  List prices range from $185,000 for a one bedroom unit to $629,900 for a newer detached unit.

Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  Brookfield enjoys a population of about 16,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut Real Estate & Appraisals
CT Home Group
Keller Williams CT Realty
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 • April 14 2008 11:35AM