Danbury,CT Townhome Market
Here is the current information for sales in the luxury townhome market in Danbury,CT
| Community | # of Homes Sold | Average Price | Average $ per square foot |
| Woodland Hills | 10 | $332,650 | $140.28 |
| Timber Oaks | 14 | $347,559 | $156.72 |
| Lake Place | 5 | $307,500 | $158.04 |
| Sterling Woods | 13 | $287,692 | $167.19 |
| Rivington | 27 | $431,965 | $206.71 |
| Kensington Woods | 4 | $265,284 | $154.32 |
| Arlington Woods | 4 | $250,350 | $168.90 |
| Briar Woods | 3 | $266,833 | $159.97 |
Across the board, in 2012, for these luxury townhome communities, 80 units were sold. The average sales price is $349,949. It took on average 135 days to get this units under contract. The average price per square foot is $173.93. Sales data per CMS 1/2/2013.
In 2011, only 66 units were sold. The average sales price was $324,748. It took on average 143 days to sell. Price per square foot is $178.36
The increase of the sales in 2012 was due to the increase on new construction units over at Rivington. For sellers, with the large amount of new construction happening in the area, I would recommend doing some updating to appeal to buyers that are looking for something turnkey. Buyers should know there are still viable opportunities for Danbury condos that are attractive and fairly new.
Jonathan Hall - (203)796-7700 | call or text me on my cell phone (203)417-0523
danburyrealestate@gmail.com
www.danburycthomes.com | www.danbury-condos.com
Realtor | Sales Associate- Greater Danbury and Candlewood Lake Specialist, William Pitt Sotheby’s International Realty
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