What is typical marketing time for homes in Danbury,CT?

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

Marketing time in Danbury,Connecticut does vary by the price range and property type for selling your home. In addition to that, the data is gathered through the multiple listing service, which each individual real estate agent is obligated to update their listing for under deposit & in contract. The market time is not reflected automatically of homes that were re-listed after their previous contract was up or if the property went under deposit & fell through or if there were offers previously that were not acceptable to the home seller. Another factor that could play into the factor on the days on the market if the buyers for the listing have to get an acceptable offer on their current home in order to purchase a sequent property. 

Based on the sales price, here is a chart reflective of the market activity in the price range for both single family and condominiums within Danbury,CT for homes that have sold within the last twelve months. 

Price Range Average Days # Of Homes Sold
0-$200,000 52 246
$200,000-$300,000 65 280
$300,000-$400,000 69 237
$400,000-$550,000 81 84
$550,000-$700,000 146 33
$700,000+ 177 14

Sales data per CTsmart mls 4/23/2019, for real estate mls sales 4/23/2019 for the last 365 days-accurate but not guaranteed

As you can tell from this chart, most buyers are looking for real estate generally under $350,000. This does not mean owners in the high price ranges have no change of selling their homes, it just means they have to be patient & it comes to pricing. The market is hopping at the lower price point and buyers do find themselves in competition among each other with the new properties coming on the market within the first couple of weeks. 

As an experienced real estate professional serving the Greater Danbury area, Jonathan Hall with William Pitt Sotheby's International Realty is very knowledge of the local market. Acting as your real estate agent for the listing of your home or the purchase of a new home, he is here to assist you for your home. As an experienced real estate agent and life-long resident of the Greater Danbury area, rest assured that your move is in good hands. Visit his website, call or text 203-417-0523 or send an email. I look forward to hearing from you. 


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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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Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share.

Have a most productive spring.

Apr 23, 2019 01:50 PM #1
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Rainmaker
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Jonathan Hall

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