How Many Homes Are Listed For Sale In Danbury,CT?

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

Within the last few months, it has turned in to a sellers market for real estate in Danbury,CT. It is caused by a short amount of inventory. The chart below is reflective of both single family and condos, regardless of the price range in Danbury. Genereally speaking, if the months supply is in excess of 6 months, it becomes a home buyers market, 4.5-6 is balanced and anything less it is now a sellers market. 

However, certain prices ranges and property types may be in oversupply or take longer to sell. If you have had a lot of showings, but no offers or people going back to look at your home, that is not a good size. It means we are missing in the market, something has to be done. You might need to invest in some fresh paint, decluttered and maybe some flooring-it depends on what the feedback has been and what the competition has to offer. Perhaps a price adjustment would be in order. 

Thinking of selling your home in Danbury,CT? Let's get together and talk. Call or text me, Jonathan Hall with William Pitt Sotheby's International Realty at 203-417-0523 or send me 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 . 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.

Comments (3)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jonathan we are seeing low inventory all over the state.  Most of my borrowers are running into multiple offers.

Feb 07, 2020 10:13 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Home buyers and sellers in your area are certain to find this real estate market data valuable, Jonathan.

Feb 07, 2020 05:01 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing you market update.  Great information for buyers and sellers in your area.

Feb 08, 2020 02:00 AM