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

Brookfield, CT - July, 2008 Real Estate Market Report

Brookfield, Connecticut Real Estate Update 
July, 2008

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 19 single family home sales closed in Brookfield, CT.
List Prices ranged from $197,900 - $1,475,000.
Closed Sales Prices ranged from $205,000 - $1,300,000.

The average closed real estate sales price for single family homes in Brookfield was $496,394.
The median closed sales price was $425,000.
On average, these homes sold for 93.8% of their final list price.
Days on Market ranged from 41 - 911 days, with the average being 218 days of market time. 

This compares to 21 closed sales in July, 2007, with an average sales price of $503,257 and a median closed sales price of $455,000.

There were 2 condominium sales closed in Brookfield, CT.
The average sales price was $330,000
The median sales price was $330,000
These units sold for 93.8% of the most recent list price.

This compares to 6 closed sales in July, 2007 with an average sales price of $268,166 and a median sales price of $255,500.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 177 single family homes for sale in Brookfield, CT.
List Prices range from $259,907 for a fixer property to $1,900,000 for a Candlewood Lake waterfront home.

Currently, there are 35 condos for sale in Brookfield, CT.  List prices range from $199,900 for a one bedroom unit to $639,900 for a newer detached 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
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 • August 15 2008 10:33AM


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