October 2020_ Local Market Stats

Dated: November 5 2020

Views: 774

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.
Blog author image

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.....

Latest Blog Posts

The Proactive Path: Why Your Best Move is the One You Make Now

Why Planning Your Next Move Before You Need to is a Game ChangerMost later-in-life moves happen out of necessity—an unexpected health change or the sudden realization that keeping up with a

Read More

Selling or Buying in 2024? Insight into Brookfield's Real Estate Market Trends

          As we are at the beginning of a new year you might be wondering about the trends that are shaping the Brookfield, CT real estate market. Whether you’re

Read More