Market Analysis On Your Danbury,CT Townhome

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

Did you know the average sales price for a townhome in Danbury,CT increased 4.1% to $233,947 as compared to the same time period, one year ago.

In the same time period, the average days on market dropped by 16 days to 118 days from 134, an improvement of 12% over the same period last year. Median days on the market also dropped 6 % to 79 in 2017 over 2016.

Across the board for all townhomes in Danbury,Connecticut the average price per square footage for a townhome increased $5.74 a square foot up to $149.27  The average percent of the original list price that home sellers received for their property was up 2% compared to last year, 96%. The percentage of the final asking prices tightened up to 97.55% from 97.4 This is showing minimal negotiating room for Danbury townhomes. 

Due to a lower number of homes that where on the market, only 382 properties where reported as sold. That is down  7.5% from the 2016 year statistics. Due to the lower inventory, that is why the market did tilt more into favor for the home sellers.   

Do you own a townhome in Danbury that you are considering selling? Please contact me for a personal appointment to come see your home. Call or text me, Jonathan Hall-Realtor with William Pitt Sotheby's International Realty in Danbury directly at 203-417-0523. I look forward to hearing from you. 


Information per smart mls, 1/1/2017-12/31/2017 vs 1/1/2016-12/31/2016 for closed sales. Please contact for current information. 

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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