Brookfield, CT January 2007 Market Report

Brookfield, Connecticut Real Estate Update
January 2007

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
In January of 2007, there were 8 single family home sales closed in Brookfield, CT.
List Prices ranged from $280,000 - $800,000.
Closed Sales Prices ranged from $270,000 - $787,000.

The average closed real estate sales price for single family homes in Brookfield for the month of January was $426,000.
On average, these homes sold for 97% of their list price.
Days on Market ranged from 1 - 370 days, with the average being 235 days of market time.

This compares to 12 closed sales in January, 2006, with an average sales price of $480,000.

Condos:
In January of 2007, there were 5 condominium sales closed in Brookfield, CT.
List Prices ranged from $240,000 - $300,000.
Closed Sales Prices ranged from $232,000 - $300,000.

The average closed real estate sales price for condos in Brookfield for the month of January was $278,000.
On average, these homes sold for 98% of their list price.
Days on Market ranged from 87 - 209 days, with the average being 142 days of market time.

This compares to 4 closed sales in January, 2006, with an average sales price of $270,000.

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 121 single family homes for sale in Brookfield, CT.
List Prices range from $250,000 for a small hi-ranch to $2,249,000 for a Candlewood Lake waterfront home.

2 Bedroom Homes:  There are 3 available from $250,000 $400,000.
3 Bedroom Homes:  There are 37 available from $260,000 for a small ranch in a lake community to $2,249,000.
4+ Bedroom Homes:  There are 81 available from $350,000 for a ranch in need of updating to $1,950,000 for a spacious Candlewood Lake waterfront contemporary home. 

Condos:
Currently, there are 21 condos for sale in Brookfield, CT.  List prices range from $192,000 - $540,000.

1 Bedroom:  There are 4 available from $192,000 - $295,000.
2 Bedrooms:  There are 12 available from $224,000 - $509,000 for a luxury townhome in an Active Adult community.
3 Bedrooms:  There are 5 available from $354,000 - $540,000 for a luxury townhome in an Active Adult community.



Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town.  Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities.  Brookfield enjoys a population of about 16,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia
REALTOR
Prudential Connecticut Realty
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Consolidated MLS and believed to be accurate.