These are the results of a comparison between sales of Condos in Danbury in August 2006 vs. August 2007.
$200K - $300K
Avg. Days on Market very similar. 71 in 2006 vs 77 in Aug. 2007.
Bargain Power: from 1.96% in 2006 to 3.67% in 2007.
Nr. Units: 12 vs 13.
$300K - $400K
Almost 2. times more dom
Selling price in 2007 was 3.13% lower than asking price.
$400K - $600K
Highest Sale Price Change. However, it was only one unit which makes it an isolated instance and not a rule.