Market Reports, Deposits By Price Range

By
Real Estate Agent with William Pitt Sotheby's International Realty CT RES.0783448

An interesting piece of information that I look to late at periodically the number of homes in the Danbury area that have accepted offers, but to see which price ranges is having the most activity.

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The chart below is for activity on single family homes. This information is per CMLS 9/15/2010. Please contact me additional information about the real estate market trends in the Danbury area.

Town Total Active 0-$250,000 $250,000-$400,000 $400,000-$550,000 $550,000-$700,000 $700,000+
Danbury 388 10 10 3 0 1
New Milford 285 3 4 1 0 1
Bethel 140 4 3 2 1 0
Brookfield 151 3 3 1 1 2
New Fairfield 153 0 3 1 0 0
Newtown 287 3 6 6 2 0

In all of the towns, there is a real slow down of homes priced over $550,000 in the Danbury area.  Out of the 347 homes for sale in the towns listed over $550,000, only 8 homes have recorded accepted offers.  When you combine the all the activity together,there are 1404 homes for sale and only 74 (5.27%) that have accepted offers.

Below for condos:

Town Total Active $0-$200,000 $200,000-$250,000 $250,000-$300,000 $300,000-$400,000 $400,000+
Danbury 269 3 4 1 3 2
New Milford 88 3 0 0 0 0
Bethel 48 1 0 2 1 0
Brookfield 37 1 1 1 0 0

It does surprise me about the lack of condos sale in New Milford. Prices are very favorable there, with most condos selling in New Milford under $250,000 & easier to commute south with since the Route 7 bypass has been open for 9 months.  There are a total of 442 condos on the market in the Danbury area with 23 units with accepted offers (5.20%).

With such a large supply of homes, I am sure I can help you find the right one! Call me at 203-417-0523 or search for homes on my website.  There are still people selling their homes & using the favorable prices and low interest rates to upgrade into a larger home!

Posted by

Jonathan Hall-Realtor Serving Greater Danbury & Candlewood Lake with William Pitt Sotheby's International Realty
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This information is provided by Jonathan Hall,Realtor  with William Pitt Sotheby's International Realty in the Greater Danbury & Candlewood Region of CT. For additional information, please call him at 203-417-0523,203-796-7700X305 or email me at danburyrealestate@gmail.com . Unless indicated, all content is the property of Jonathan Hall. If you would like to use any of this information, please contact me for permission. He is a licensed CT Salesperson License #RES.0783448 with William Pitt Real Estate LLC License # REB.0751698. His office is located at 112 Federal Road,Danbury CT 06811.

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Market Reports
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market report danbury ct
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deposits by price range

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Jonathan Hall

Realtor - Danbury,CT Area Real Estate~203-417-0523
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