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danbury prices: Danbury Sales - First 8 months in 2008 vs. 2007 - 09/11/08 11:47 PM
The tables below show how the market behaved during the first 8 months of the year and how it compares to same period in 2007 according to the CT-MLS system. As you can see, 635 properties were closed in the first 8 months of 2007 while only 463 were sold in 2008. While in 2007 the diference between the asking price (Listing Price) and the actual selling price for Single Family properties was 7.34%, in 2008 selling prices have been 8.65% lower than asking prices. The smaller difference between asking price and closing price was observed in Condominiums in 2008, and (0 comments)
The two tables below show a snapshot for the market in DANBURY as of December 27 and December 2nd respectively. It shows the number of units per status as well as the number of days on market. As you can see the mean listing price for Single Family Homes has dropped by 1.36%. The mean listing price for new listings in December 27 was $284,950 and it was $340,000 on December 2nd. These numbers show that our local market is more stable than many in close towns. This also shows how great an opportunity it is today to purchase a new home. Interest rates (2 comments)
danbury prices: DANBURY - Current Inventory - December 2, 2007 - 12/02/07 09:45 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)
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. (2 comments)
danbury prices: Danbury - How have prices changed since 2000? (Single Family, 3 BRs, 1500-2000 SqFt) - 11/13/07 11:17 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. (0 comments)
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. (0 comments)
These are the results of a comparison between sales of Condos in Danbury in August 2006 vs. August 2007.
danbury prices: Single Family Homes - Danbury - Sales Report August 2007 vs August 2006 - 09/01/07 03:26 AM
You will find in this report the number of units sold (SF) in August 2007 and a comparison of the sales reported in the same month one year ago. You will also see the difference between Listing Price and Selling Price showing the bargain power of buyers these days. Single Family Homes in the price range of $200k - $300K, a segment usually covered by First Time buyers showed an average Listing Price went actually up (7.45%). However, the difference between the Listing Price and the Selling Price was the largest: 14.23%. In other words, buyers closed for less than 14% of the asking (2 comments)
danbury prices: Sales Report - Danbury - Jul23 - Aug23 - 08/24/07 12:10 AM
This is the report showing sales in the last 30 days in Danbury. I will compare these figures with sales recorded until the last day of the month, next week. I have divided the sold properties in price ranges as usual. You can compare these results with those presented by Stamford and Norwalk. (2 comments)
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