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.

Condos:
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.

Condos:
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
203.746.1199
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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