Fab Real Estate Blog: Danbury, CT - June, 2008 Real Estate Market Report

Danbury, CT - June, 2008 Real Estate Market Report

Danbury, Connecticut Real Estate Update
June, 2008

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 37 single family home sales closed in Danbury, CT.
List Prices ranged from $189,900 - $649,900.
Closed Sales Prices ranged from $190,500 - $627,000.

The average closed real estate sales price for single family homes in Danbury was $363,224. 
The median closed real estate sales price was $345,000.
On average, these homes sold for 96.2% of their most recent list price.
Days on Market ranged from 6 - 581 days, with the average being 180 days of market time. 

This compares with 42 closed sales in June, 2007, with an average closed sales price of $473,364 and a median closed sales price of $403,450.

Condos:
There were 36 condominium sales closed in Danbury, CT.
The average closed real estate sales price for condos in Danbury was $278,320.
The median closed sales price was $283,000.
On average, these homes sold for 95.6% of their most recent list price.

This compares with 49 closed sales in June, 2007, with an average closed sales price of $276,678 and a median closed sales price of $260,000.



Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 331 single family homes for sale in Danbury, CT.
List Prices range from $79,000 for a summer-only as-is cottage in a lake community to $3,499,000 for a renovated 1920/s colonial on nearly 9 acres.

Condos:
Currently, there are 262 condos available for sale in Danbury, CT.
List prices range from $74,000 - $839,000.


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
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 2 commentsDon Fabrizio-Garcia • July 14 2008 06:41PM

Comments

I like this idea for given us the data on each area..... It would help me if I was thinking about living in this area... GREAT JOB...

Posted by Donna Paul, Long Island Home Specialist,All About Real Estate (Keller Williams Realty Gold Coast) over 10 years ago

Donna - thanks for the comment!  These are monthly reports I create for each of the area towns.

Posted by Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate (Fab Real Estate) over 10 years ago

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