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Brookfield, CT - October, 2008 Real Estate Market Report

By
Real Estate Agent with Fab Real Estate

Brookfield, Connecticut Real Estate Update
October, 2008

Closed home sales in Brookfield, Connecticut:

Single Family Homes:
There were 11 single family home sales closed in Brookfield, CT.

The average closed real estate sales price for single family homes in Brookfield was $501,409.
The median closed sales price was $348,000.
On average, these homes sold for 95.7% of their final list price.
Days on Market average 251 days of market time.

This compares to 8 closed sales in October, 2007, with an average sales price of $594,000 and a median closed sales price of $532,500.

Condos:
There were 5 condominium sales closed in Brookfield, CT.
The average sales price was $349,474.
The median sales price was $285,000.
These units sold for 96.2% of the most recent list price.


This compares to 7 closed sales in October, 2007 with an average sales price of $383,768 and a median sales price of $326,000.

Brookfield CT Median Sales Prices

Currently available homes for sale in Brookfield, Connecticut:

Single Family Homes:
Currently, there are 152 single family homes for sale in Brookfield, CT.
List Prices range from $238,900 for a bank-owned ranch to $2,375,000 for a newer Candlewood Lake waterfront home.

Condos:
Currently, there are 39 condos for sale in Brookfield, CT. List prices range from $175,000 for a newer two-bedroom, affordable-housing-designated unit to $629,900 for a newer detached 3-bedroom unit.




Brookfield, Connecticut, is located between Candlewood Lake and Lake Lillinonah, creating a multitude of water recreation opportunities in the town. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Brookfield enjoys a population of about 16,000 residents.

This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Connecticut Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale

Data compiled from the Greater Fairfield County MLS and believed to be accurate.