October 2020_ Local Market Stats

Dated: November 5 2020

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November Update

Greater Danbury Area Towns: Single Family Homes, Multi Family and Condo's
Based on Current CT MLS data for the month of October - Current Active/ Accepted may vary based on date of stats.

TOWN

Avg. $ Sales/ Month

Avg. Days on Market

Total # Sales- month

Total # Sales YTD

Current Active Listings

Current Accepted Offers

Bethel

$327,278

85

40

449

42

101

Brookfield

$581,844

145

34

375

38

74

DANBURY

$293,208

60

124

1,221

128

268

KENT

$549,667

94

10

118

27

21

Newtown

$401,743

80

70

574

83

149

New Fairfield

$521,791

70

43

321

41

69

New Milford

$390,631

110

62

569

80

154

Redding

$739,448

83

18

208

54

53

Ridgefield

$704,791

82

79

737

107

160

Closing: When the new title to the property is officially recorded by the local Recorder's offic and ownership of the property transfers to the new buyer.

EARNEST MONEY:  The deposit made from the buyer to the seller when submitting an offer.  This deposit is typically held in trust by a third party. Upon closing, the money will generally be applied to the down payment or closing costs.
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Sandra Visser

Selling or buying in upper Fairfield, lower Litchfield and western New Haven counties? Give Sandra a call, text or email for your personal analysis.....

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