danbury inventory: Active Listings - Single Family Properties - 09/11/08 05:07 PM
This is a snapshot of the current market in Danbury for Single Family Homes:
331 single family properties currently listed in Danbury. 12 properties with listing prices between $595,000 and $599,9999. 80 listings being offered for prices between $375,000 and $499,999. 107 properties are currently listed for prices between $275,000 and $374,999.  
 
Source: CT-MLSwww.HomesByNestor.com
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danbury inventory: DANBURY - Current Inventory - December 2, 2007 - 12/02/07 01:45 PM
The distribution of the current inventory in Norwalk as of December 2, 2007 is shown below:
The next table shows the total number of available units in Danbury, the average Days on the Market - DOM, and the Median Listing Price - MLP for each type of property and each status.
As you can see, the highest Median Listing Price for Single Family units is found under the status Reduced Price, and the lowest Median Listing Price can be seen for those with accepted offers - CTS. Maybe some of those properties under Reduced Price still will need to come down to hopefully become CTS. New … (0 comments)

danbury inventory: DANBURY - Condominiums - Snapshot Nov. 23, 2007 - 11/23/07 05:56 PM

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
No major changes can be observed in the market of Condominiums in Danbury when we compare what the market looked like on November 2nd and what it looks today:
First of all the average Median Price is practically the same. We could see less new listings, similar number of Active Listings, as well as number of units under contract or in the status Continue to Show.
 
www.HomesByNestor.com … (0 comments)

danbury inventory: Danbury - Single Family Market / Bi-weekly Snapshot - 11/17/07 01:01 PM

The major differences between the snapshot for November 2 and today are:
The median listing price for properties under contract came down from $359,000 (29 listings) to $339,900  (32 listings)The median listing price for New Listings has decreased from $367,450 to $329,900.Active Listings haven't shown a change in median listing priceMedian Listing Prices for properties in the status Continue to Show (offer accepted) actually increased from $332,394 to $335,000.
 
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danbury inventory: Danbury - How have prices changed since 2000? (Single Family, 3 BRs, 1500-2000 SqFt) - 11/13/07 03:17 PM
Median Selling Prices for Single Family Homes in Danbury have increased 63% from October 2000 to October 2007.
Properties sold between October 2006 and October 2007 saw a reduction of 3.38% but those homes sold in October this year reached an increase in Median Selling price of 3.5% compared to the Median Selling price in September 2007.
You can see in the charts below how the number of listings sold and how prices have behaved since October 2000.
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danbury inventory: DANBURY, CT - Weekly Snapshot - Single Family - Nov. 02, 2007 - 11/03/07 06:40 PM

In last week's snapshot we can see that 72.75% are currently active (no offers yet). New listings still showed a listing price ($367,450) above those that already have a contract ($359,000) but below the average Median Listing Prices for this week or $371,659.
Those with the lowest prices are Continue-to-Show or Back-on-Market confirming that the current seller needs to adjust his/her prices to adjust to what the market is willing to pay for existing available properties.
 
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danbury inventory: DANBURY, CT - Weekly Market Snapshot - CONDOS - Nov. 02, 2007 - 11/02/07 03:40 PM
The weekly snapshot last week showed a total of 333 units (ACTIVE plus Sale Pending), with an Average Median Price of $318,310 (The Average Median Price was calculated as the sum of the product of Nr. of units times the median price for each status divided by the total number of units, so I could have a parameter to compare week by week how prices are changing).
This week, we can see that the total number of units went to 321, and the Avg. Median Price to $296,662. This is a 6.8% reduction, and 288 active listings (all af the status shown except … (2 comments)

danbury inventory: Danbury Monthly Sales Report - October 2007 - 10/31/07 05:47 PM

Danbury had a great month compared to one year ago in terms of Selling Prices for Condominiums: they went from a median price in October 2006 of $201,500 to $242,000 in October 2007, or a 20.10% price increase.
Only 19 Single Family properties were sold in October 2007, while 37 were sold in October 2006, with a median selling price reduction of 21.91%.
 
In September 2007, 28 single family units were sold or 50% less than the 56 units sold in 2006. Median Selling prices for single family homes were reduced 14.10%.
Only one Two-Family home was sold in September 2007 but its selling price … (0 comments)

danbury inventory: Current Danbury Inventory (Aug.30) - 08/30/07 07:58 AM
 
I detected some inconsistencies in my table prepared on Aug. 19, so I am only re-posting the section I could rely.
Sorry!!!
As I have said in other posts, not all markets and price segments behave the same. You can see that while the number of available Condos in the price range of $250K - $350K has slightly increased from 93 to 98, the number of Single Family homes in the range $450K - $550K has decreased from 56 to 41 in 10 days. Now, it doesn't mean those 15 homes were sold. Some may have been withdrawn from the market, or their listings may have been … (2 comments)

 
Nestor Realtor, www.HomesByNestor.com (Coldwell Banker Residential Brokerage)

Nestor Realtor

www.HomesByNestor.com

Danbury, CT

More about me…

Coldwell Banker Residential Brokerage

Address: 18 Mill Plain Road, Danbury, CT, 06811

Office: (203) 515-5511

Mobile: (203) 515-5511

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