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

Brookfield, CT - May, 2008 Real Estate Market Report

Brookfield, Connecticut Real Estate Update 
May, 2008

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 17 single family home sales closed in Brookfield, CT.
List Prices ranged from $339,500 - $825,000.
Closed Sales Prices ranged from $305,000 - $780,000.

The average closed real estate sales price for single family homes in Brookfield was $455,582.
The median closed sales price was $475,000.
On average, these homes sold for 94.9% of their final list price.
Days on Market ranged from 20 - 940 days, with the average being 296 days of market time. 

This compares to 13 closed sales in May, 2007, with an average sales price of $487,250 and a median closed sales price of $450,000.

There were 8 condominium sales closed in Brookfield, CT.
The average sales price was $247,987
The median sales price was $217,000
These units sold for 95.8% of the most recent list price.

This compares to 7 closed sales in May, 2007 with an average sales price of $307,680 and a median sales price of $285,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 176 single family homes for sale in Brookfield, CT.
List Prices range from $197,900 for a major fixer property to $2,100,000 for a Candlewood Lake waterfront home.

Currently, there are 30 condos for sale in Brookfield, CT.  List prices range from $199,000 for a one bedroom unit to $609,900 for a newer 3-bedroom 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 1 commentDon Fabrizio-Garcia • June 11 2008 06:08PM


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Posted by bdqsnezi about 7 years ago