Real Estate Condo Sales in the Padanaram Road area of Danbury,CT

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

If you haven't noticed, the prices have increased in almost all neighborhoods in Danbury,Ct over the last 18 months. They have also changed in the condos within the Padanaram Road & Candlewood Lake area  Danbury, CT 06811.  If you reside in this area or own a property for an investment it is a great time to considering selling.  Below you are see a chart of the average price sale in 2020 vs 2019. It is amazing to see the differences

Community 2019 Average Sale Price & Number of Homes Sold 2020 Average Sale Price And # Of Homes Sold Change In Pricing
Apple Blossom   $240,100 , 5 homes $230,100, 1 home Down 4%
Arrowood $164,414  7 homes   $181,750  ,4 homes Up 10.5%
Barclay Commons  $266,667, 6 homes    $240,750 ,6 homes Down 10%
Brookside $119,600,10 homes     $109,650 ,10 homes Down 8%
Candlelight Village   $137,975 , 4 homes  $84,000, 1 home Down 40%
Covered Bridge $213,600, 4 homes    $203,500 ,2 homes Down 5%
Crystal Bay   $374,250   ,4 homes $390,000, 1 home Up 4.2%
Lakewood    $179,613   ,8 homes $203,688, 8 homes Up 13.4%
North Ridge $184,667, 3 homes  $162,219  ,8 homes Down 13%
Park Ridge $158,453-10 homes $185,917 6 homes Up 17.3%
Park Brook $180,460, 5 homes    $190,100, 5 homes Up 5.1%
Poet's Landing $496,667, 3 homes $446,250, 4 homes Down 10.5%
Stetson Place $227,900, 2 homes $242,500, 1 home Up 6.4%

Sales data per smart mls accurate but not guaranteed

So how come some neighborhoods have had quite different results than others? In some communties, it is due to either more larger or smaller units selling, not the same mix has they have been in the past. It also depends on the condition on the property, as a there were a couple of distress properties in the area that needed renovation or were less updated than those which have sold in the past. In the communites such as Crystal Bay or Poet's Landing, the exact location in the complex & level in the building does effect pricing as well if a detached garage is included in the purchase. To learn about these communties, please visit my website. 


As a full time real estate agent serving Greater Danbury since 2006 and lifelong resident of Danbury,CT, Jonathan Hall has the knowledge and is exprienced to help you sell your townhome. If you are looking to cash out of your investment property or move locally from home in these communties, please consider reaching out him. It's a great time to sell! Brokered with William Pitt Sotheby's International Realty, you can reach Jonathan Hall at 203-417-0523 (c) or JonathanHallRealEstate@Gmail.Com

 

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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.

Comments (2)

Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Jonathan Hall Thank you for sharing this information with us. 

Feb 16, 2021 01:37 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jonathan this is valuable information for both Buyers and Sellers in Danbury.

Feb 16, 2021 02:43 PM

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