Dana's Blog

Stony Hill Village Gem! Just listed this Brookfield townhouse for $269,400. It is a 2 bedroom, 1.5 bath Brookfield end unit townhouse in mint condition with about 1,200 square feet. It was remodeled with all new flooring. The dining room is perfect for entertaining and has sliders to a private deck, The spacious living room has a fireplace ideal for entertaining and everyday living. Bedroom sizes are generous, also with hardwood floors, with lots of closet space. There is also a pull down attic for extra storage space. It was recently repainted, has new appliances, and energy efficient thermostats and extra insulation were installed. This Brookfield townhouse is located in desirable Stony Hill Village in Brookfield, CT offering a peaceful, country setting in a convenient location. The complex has amenities including tennis courts, a swimming pool, a clubhouse for entertaining large groups, and plenty of visitors parking. Nearby conveniences include the retail district on Route 6 in Bethel and Federal Rd. in Brookfield that provide many options for shopping, grocery stores such as Stew Leonards Farm Market, restaurants and entertainment, all less than one mile from interstate I-84. Please see below for the property flyer including photos and a virtual tour. Brookfield townhouses are popular for their affordability, convenient commuting location to Fairfield County and Westchester County, well-regarded school district and comparatively low property taxes. Townhouses with monthly payments of $1,500 and below are widely available. Inventory of Brookfield condominiums is currently about 5.7 months, indicating a balanced market. Click here to search for Brookfield homes for sale. If you are new to the Brookfield CT area please visit www.DanburyRelocation.com to find out additional information. In 2009, the average sale price of a Brookfield condominium was approximately $200,000, a decline of 12% when compared to 2008 and 41 Brookfield townhouses & condominiums were sold.

Just listed this updated ranch-style Danbury condo for $125,000. It is a 3 bedroom Danbury condo with about 900 square feet that was remodeled with all new flooring, new appliances, and boasts an open living/dining room with fireplace and slider to deck, a light and bright space ideal for entertaining and everyday living. It was recently repainted, the bathroom was remodeled, and all new laminate flooring installed throughout the main level. The home also has a one car garage underneath the unit ideal for storage and everyday convenience. There is a stackable washer dryer and laundry/utility closet and several storage closets, another great features of this Danbury condo. It is located on a quiet, dead-end street in a convenient location. Nearby conveniences include the downtown retail district on Main St. that provides many options for shopping, grocery stores, restaurants and entertainment, all less than one mile from interstate I-84. Please see below for the property flyer including photos and a virtual tour. Danbury condos are popular for their affordability, convenient commuting location to Fairfield County and Westchester County, school district and comparatively lower property taxes. There is a wide availability of Danbury homes available for purchase including single family homes, condominiums, and townhomes. Homes with monthly payments of $1,500 and below are widely available. Inventory of Danbury condos is currently about 9.6 months, indicating a moderate buyers market. Click here to search for Danbury condos for sale. If you are new to the Danbury CT area please visit www.DanburyRelocation.com to find out additional information. In 2009, the average sale price of a Danbury condo was approximately $210,000, a decline of 9% when compared to 2008 and 484 condos were sold. Approximately 15% of the homes in Danbury sold last year were short sales and foreclosures.

Just sold this updated cape cod-style Danbury home for $198,500. It is a 3 bedroom Danbury home with about 1,200 square feet that was remodeled to open up the kitchen, dining room and living room into one open, light and bright space ideal for entertaining and everyday living. It was recently repainted, the bathroom was remodeled, and all new laminate flooring installed throughout the main level. The home also has a charming screened in porch, a newer deck, and a detached, oversized two car garage ideal for storage with an extra carport for everyday convenience. Oil heat, laundry facilities, and a full unfinished basement for storage are other features of this Danbury home.
It is located on a quiet, dead-end street in a convenient location. Nearby conveniences include the retail district on Newtown Rd./Federal Rd. that provides many options for shopping, grocery stores, restaurants and entertainment, all less than one mile from interstate I-84. Approved short sale. Please see below for the property flyer including photos and a virtual tour.
Danbury homes are popular for their affordability, convenient commuting location to Fairfield County and Westchester County, school district and comparatively lower property taxes. There is a wide availability of Danbury homes available for purchase including single family homes, condominiums, and townhomes. Homes with monthly payments of $1,500 and below are widely available. Inventory of Danbury homes is currently about 9.2 months, indicating a moderate buyers market. Click here to search for Danbury homes for sale. If you are new to the Danbury CT area please visit www.DanburyRelocation.com to find out additional information.
In 2009, the average sale price of a Danbury home was approximately $315,000, a decline of 15% when compared to 2008 and 303 homes were sold. Approximately 10% of the homes in Danbury sold last year were short sales.

Just Listed in Danbury, CT - Two Family in Great Location for $199,900 Looking for a great deal? This income property has 2 identical units, each with laundry and storage space. Desireable communiting location walking distrance from Danbury Hospital, Danbury courthouse, Western CT State Univeristy, local restuarants and more. Sufficient parking and updated mechanicals. Storage space in full basement and walk up attic. Separate utilities. Some cosmetic TLC needed. Short sale.

Backyard Paradise! This charming home offers the best of outdoor living at an affordable price. Set on a beautiful private, level 1 acre offering large deck and huge storage shed. Huge 20X40 great room ideal for entertaining and family enjoyment. Ideal location near Hallas farm market and Pembroke school. Great Westchester County commute. Suitable for weekend retreat or year round. Short sale - subject to third party approval.

Below are last year's highlights of the real estate stats - number of homes sold, average market time, and average price of single family homes and condominiums sold in the 6 towns that make up Greater Danbury (Danbury, Bethel, New Fairfield, Brookfield, Newtown & New Milford).

- Prices were down between 10-15% in most towns/segments in the last year. Over the last 7 years they fell by about 5%, or even less in some towns. 7 years is significant because it is often cited as the average number of years most people stay in their home 
- The number of homes sold continued to drop
- Market times for well priced properties are shortening and inventory levels are becoming more balanced (see graph below, broken down by price range for your convenience)
- Market times for overpriced properties have grown exponentially. I have seen several properties close in the past few months that have been up for sale for over 2-3 years.
- The foreclosure craze is bringing out many deal hunters. Many are finding the idea of "good deal" way more interesting than all the work involved in some of the foreclosures, but interest level is high. 
- The $8,000 tax credit contributed to first time home buyers increasing from their traditional 30% of the market to nearly half of the market. Now the repeat/move up buyer tax credit of $6500 is promising to do the same for the rest of the market, at least until the end of June
- The internet has continued to grow as a source for home information with 75% using it heavily in their home search during a recent purchase. 36% of those who bought their home last year found it on the internet according to the National Association of Realtors 2009 survey.

Happy New Year! Check out the charts & graphs below for details in each town.

Source: Consolidated MLS
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JUST SOLD this remodeled main floor end unit ranch condo for $160,000 w/ gorgeous hardwood floors, new kitchen with granite countertops, remodeled bathroom & new laundry machines. Quiet complex walking distance from Candlewood Lake beach. Excellent location with lots of green space minutes from shopping, restaurants, & major highways. Complex has swimming pool. Pets allowed. Heat and hot water included in monthly common charge of $363/mo. Short sale - subject to third party approval.

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