If you haven't noticed, the prices have increased in almost all neighborhoods in Danbury,Ct over the last 18 months. They have also changed in the condos within the Padanaram Road & Candlewood Lake area Danbury, CT 06811. If you reside in this area or own a property for an investment it is a great time to considering selling. Below you are see a chart of the average price sale in 2020 vs 2019. It is amazing to see the differences
| Community | 2019 Average Sale Price & Number of Homes Sold | 2020 Average Sale Price And # Of Homes Sold | Change In Pricing |
| Apple Blossom | $240,100 , 5 homes | $230,100, 1 home | Down 4% |
| Arrowood | $164,414 7 homes | $181,750 ,4 homes | Up 10.5% |
| Barclay Commons | $266,667, 6 homes | $240,750 ,6 homes | Down 10% |
| Brookside | $119,600,10 homes | $109,650 ,10 homes | Down 8% |
| Candlelight Village | $137,975 , 4 homes | $84,000, 1 home | Down 40% |
| Covered Bridge | $213,600, 4 homes | $203,500 ,2 homes | Down 5% |
| Crystal Bay | $374,250 ,4 homes | $390,000, 1 home | Up 4.2% |
| Lakewood | $179,613 ,8 homes | $203,688, 8 homes | Up 13.4% |
| North Ridge | $184,667, 3 homes | $162,219 ,8 homes | Down 13% |
| Park Ridge | $158,453-10 homes | $185,917 6 homes | Up 17.3% |
| Park Brook | $180,460, 5 homes | $190,100, 5 homes | Up 5.1% |
| Poet's Landing | $496,667, 3 homes | $446,250, 4 homes | Down 10.5% |
| Stetson Place | $227,900, 2 homes | $242,500, 1 home | Up 6.4% |
Sales data per smart mls accurate but not guaranteed
So how come some neighborhoods have had quite different results than others? In some communties, it is due to either more larger or smaller units selling, not the same mix has they have been in the past. It also depends on the condition on the property, as a there were a couple of distress properties in the area that needed renovation or were less updated than those which have sold in the past. In the communites such as Crystal Bay or Poet's Landing, the exact location in the complex & level in the building does effect pricing as well if a detached garage is included in the purchase. To learn about these communties, please visit my website.
As a full time real estate agent serving Greater Danbury since 2006 and lifelong resident of Danbury,CT, Jonathan Hall has the knowledge and is exprienced to help you sell your townhome. If you are looking to cash out of your investment property or move locally from home in these communties, please consider reaching out him. It's a great time to sell! Brokered with William Pitt Sotheby's International Realty, you can reach Jonathan Hall at 203-417-0523 (c) or JonathanHallRealEstate@Gmail.Com
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