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 was 21.95% higher than the median price of the 4 units sold in September 2006
In total, there were 48.21% less units sold in September 2007.