Market Reports, Deposits By Price Range

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.


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 . 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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Jonathan Hall

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