If you haven't noticed, the prices have increased in almost all neighborhoods in Danbury,Ct over the last 3 years. They have also have increased the market in the condos within the Hayestown and Padanaram district of Danbury. Located in the 06811 zip code, this area is north of city center close to the Candlewood Lake, the Danbury hospital, Hatter's Park with the famous Duckpin Bowling alley, the North St shopping center and more. 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 2023. It is amazing to see the differences
Please note that in a couple of the complex's, the limited sales were either different sized units or those in different locations/sizes and condition which the market values factor in. For a more in depth detailed evaluation on your property in any of these communities, I would recommend reaching to me to schelude an appointment at 203.417.0523 or JonathanHallRealEstate@Gmail.Com.
Community | 2020 Average Sale Price & Number of Homes Sold | 2020 Average Sale Price And # Of Homes Sold | Change In Pricing |
Apple Blossom | No Sales | $327,000, 1 home | |
Arrowood | $175,667, 3 homes | $230,500, 2 homes | Up 23.7% |
Barclay Commons | $210,750 2 homes | $338,000, 1 home | Up 37.7% |
Crystal Bay | $390,000, 1 home | $450,000,1 home | Up 13.3% |
Covered Bridge | No Sales | $292,500,1 home | |
North Ridge | $143,375, 2 homes | $285,000, 3 homes | Up 49.7% |
Park Brook | $201,500, 2 homes | $205,000, 1 home | Up 1.7% |
Park Ridge | $177,833, 3 homes | $287,000, 4 homes | Up 38.1% |
Poet's Landing | $382,500, 2 homes | $654,133, 3 homes | Up 41.5% |
Sales per smart mls of ct, accurate but not guaranteed. Data from January 1,2020-7/19/2020, vs January 1, 2023- 7/19/2023
Post last updated 7/19/2023, accurate but not guaranteed
As a life long resident of Danbury & full time real estate professional, Jonathan Hall has the knowledge and experienced to get your townhome sold. If you are looking to cash out or move locally, please consider reaching out to him if you are considering selling. Brokered with William Pitt Sotheby's International Realty since 2006, you can contact him at 203-417-0523 or jonathanhallrealestate@gmail.com
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