So what does this information mean for you? You might possible have more equity in your home than think. It could be a good time to sell, as inventory levels are quite low across the board. There is no harm in getting a confidential price on your property so you can plan your next move. Please reach out to me today to schedule a visit. I look forward to hearing from you.
This information is per smart mls system, February 4,2018. Please contact for current information, accurate but no guaranteed.
Generally speaking since 2000, single family homes in Danbury,Connecticut have appreciated about 2% each year on the average sales price. That time period does include the height of the market as well as the recession period. In 2000, the average sales price was $230,085 with a median of $215,000. For the calendar year of 2017, the average price for a home in Danbury that sold was $322,747 , with the median being $300,000. Homes prices had the highest average sales price in 2005 when the sales prices averaged $398,210.Based on the average sales price in 2017, home prices are near the 2003 average price point. Since the height of the across, the median sales price has declined 24% and the average price decreased 19.2%