The general market for buying or selling a condominium or townhome in Danbury,Connecticut was very active in 2018. Days on market decreased quite a bit over the 2017, more homes were sold then than last and the average sales price increased over $20,000. The lower end is the most active with most properties coming under deposit in under three weeks on the market, but a little bit longer to get into formal contract .The higher end has had some sales, but not all may be recorded on the MLS due to new construction up at Rivington.The average closed price for a townhome in Danbury,CT is now $257,499. The days on the market or the higher end in Danbury appear higher as they were new construction.Current inventory levels are low, making it a good time to selling.
Price Range | Average Days on Market | Average Last Listing Price to Close % | # of Homes Sold |
0-$149,999 | 35 | 97% | 113 |
$150,000-$199,999 | 57 | 97.7% | 76 |
$200,000-$249,999 | 51 | 98% | 55 |
$250,000-$299,999 | 75 | 97.1% | 62 |
$300,000-$349,999 | 91 | 98.7% | 64 |
$350,000-$399,999 | 75 | 98.1% | 40 |
$400,000-$449,999 | 99 | 99.2% | 15 |
$450,000-$499,999 | 77 | 103.5% | 10 |
$500,000-$549,999 | 219 | 106.9% | 6 |
$550,000-$599,999 | 224 | 98.4% | 5 |
$600,000+ | 126 | 101.4% | 15 |
Across the board | 68 | 98.6% | 461 |
Sales data per CMLS 1/1/2018-12/31/2018.
You can review the information from the 2017 year by clicking on this link.
As a real estate professional, I assist clients purchase and sell condos and townhomes throughout the Danbury,CT area regardless of their price range. You will receive expert advise and information to make your move a success. Please contact me to discuss your next move. I look forward to hearing from you .I'm Jonathan Hall-A Realtor with William Pitt Sotheby's International Realty in Danbury,CT.My cell phone is 203-417-0523 or send me an email.
Comments(1)