Fab Real Estate Blog: Brookfield, CT February 2007 Real Estate Market Report

Brookfield, Connecticut Real Estate Update
February, 2007

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
In February of 2007, there were 7 single family home sales closed in Brookfield, CT.
List Prices ranged from $319,900 - $774,000.
Closed Sales Prices ranged from $305,000 - $804,782.

The average closed real estate sales price for single family homes in Brookfield for the month of February was $531,540.
The median closed sales price was $565,000.
On average, these homes sold for 98% of their list price.
Days on Market ranged from 22 - 486 days, with the average being 186 days of market time.

This compares to 4 closed sales in February, 2006, with an average sales price of $431,537.

Condos:
In February of 2007, there were 5\4 condominium sales closed in Brookfield, CT.
List Prices ranged from $249,900 - $275,900.
Closed Sales Prices ranged from $205,000 - $265,000.

The average closed real estate sales price for condos in Brookfield for the month of February was $230,500.
The median closed sales price was $226,000.
On average, these homes sold for 96% of their list price.
Days on Market ranged from 42 - 285 days, with the average being 128 days of market time.

This compares to 4 closed sales in February, 2006, with an average sales price of $261,250.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 148 single family homes for sale in Brookfield, CT.
List Prices range from $310,000 for a ranch in a lake community to $1,925,000 for a contemporary Candlewood Lake waterfront home.

2 Bedroom Homes:  There are 4 available from $359,900 to $575,000.
3 Bedroom Homes:  There are 48 available from $310,000 for a lake community ranch to $1,650,000 for a waterfront home.
4+ Bedroom Homes:  There are 96 available from $350,000 for a cape home to $1,925,000 for a spacious Candlewood Lake waterfront contemporary home. 

Condos:
Currently, there are 29 condos for sale in Brookfield, CT.  List prices range from $185,000 - $649,900.

1 Bedroom:  There are 5 available from $185,000 - $288,900.
2 Bedrooms:  There are 17 available from $219,900 - $509,000 for a luxury townhome in an Active Adult community.
3 Bedrooms:  There are 6 available from $438,000 - $649,900 for a detached home in a condo community.
4 Bedrooms:  There is 1 available for $429,900.


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
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Consolidated MLS and believed to be accurate.