Danbury, CT Real Estate News

By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The Greater Danbury,CT has a variety of housing options available at different price ranges. Here's a general idea of what a variety homes will cost you, based on recently sales represented by William Pitt Sotheby's International Realty's Greater Danbury,CT brokerage.  Category: Single Family Home$0-$200,00055 Forest Avenue, Danbury CT 06810. Sales price, $160,000, closed date 6/1/2018.3 Bedroom, 1 Full Bath ranch style home with 1128 square feet, city water & city sewer. Sold as is, in need of updating and repairs. Close to regional hospital, services and interstate. Great potential.$200,000-$300,00027 Horseshoe Drive, Danbury CT 06811. Sales price, $250,000, closed date 5/9/2018. Solidly built bi-level style home in an established residential neighborhood of similar homes. Home is in ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Depending on where exactly you live in the Greater Danbury & Candlewood Lake area you can either rent out a condo or a single family home. In some parts of the region, there may be more traditional apartments available.  Here are a few things to consider,in addition to the base cost of a rental property that you may see.As a condo resident, the landlord is responsible for paying the property maintenance charges. The maintenance charges includes trash, exterior maintenance, access to any on-site amenities or typically water & sewer. As a tenant, the owner is supposed to give you a copy of the bylaws. The landlord also must collect your vehicle information, as well as emergency contact information to provide to the association. It is lot of working when you decide to a rent a single famil...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Danbury,CT offers a variety a townhome options at different pricing levels. In my experience, I found that several communities offering very similar pricing for the similar types of homes you would be living in. With this knowledge, I am able to assist clients with understanding the local market whether their goal is to sell their home or purchase. The overall market tells us what is happening in the town, and we can go further in detail by reviewing neighborhood to neighborhood.Sales information is below for reported closings on the Smart MLS Year Average Sales Price # Of Homes Sold Median Sales Price Average Days on Market 2010 $228,382 279 $218,000 99 2011 $205,410 254 $190,000 108 2012 $220,766 293 $190,000 117 2013 $217,842 382 $182,500 114 2014 $226,082 343 $216,000 107 2015 $222,...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I ask people do you want to see homes or do you really need to move & financially ready to move? The 2nd part of the question is the most important. If one is looking for ideas of decorating, you can get ideas of what some people are doing by looking online at various home listings or stopping by public open houses.  If you want to see homes and financially ready, we should also talk about your time-frame. If you are not committing to moving for two years, we can out once or twice for an overall of available properties, but shouldn't go out of a regular basis since it can be intrusive to the property owners which are living there-which is most homes currently on the market for sale which are planning to moving in a reasonable time frame. We can stay in touch after that and catch up when...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Across the board in Danbury,CT, it is more of a home sellers real estate market than it has been in the last few years. Because of the lack of inventory, home buyers may be willing to pay close to your asking price. The market will tell us within the first month or so how we are doing with the value in the home.After seeing your home and reviewing activity in your neighborhood, as well your motivation & timing, we can determine where we should start to price your home. Based on my exprience as a full time real estate agent in the Danbury,CT area, I can usually get an asking price set within twenty four homes for most homes.  However, we can discuss where you want to be if that if your only objection to my real estate service proposal.   So far this year, both single family & condo owner...
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By The Brokerage Group - CT Real Estate, Fairfield & Litchfield County + Candlewood Lake
(The Brokerage of New England)
45 Winding Ridge Way Danbury CT 06810The Ridge at Rivington   45 Winding Ridge Way: You will fall in love with this beautifully appointed home with over $220,000 of builder upgrades and extras. Offering everything one could want and designed to the highest standard, making this a rare opportunity to buy a beautifully and tastefully modeled, turn-key, lightly lived in home.     45 Winding Ridge Way showcases 3,400 sq.ft. of perfection and open living space with high ceilings, french doors, hardwood floors including bedrooms, crown molding, recessed lighting, closet build-outs, window treatments, marble counter-tops, dimmer switches, custom light fixtures, custom wood wall/ceilings, upgraded hardware, custom paint, gas fireplace and more. Fabulous custom chef’s kitchen with an extended ma...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
As a property expert in the Danbury & Candlewood Lake area of Connecticut, I am propositioned by anxious owners of their home. They often invite me to pick my brain on the market. I often debate in my mind whether they are just wanting a price on their real estate for future planning or actually planning on moving immediately or in the near future. Sometimes clients don't tell me up front, which isn't that beneficial to either of us, even when I try to get your motivation. The price for the selling your house now or in the future shouldn't be the only thing that you should consider when hiring a real estate agent. You should feel confident on how our home will be marketed, explanation of how the sales process works, knowledge of the market & a complete explanation and review of how aris...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
It's best to get together in person to discuss your housing needs. There are several good reasons for this. To start, after talking, we can actually see in person what is out there. If we start get by getting together at the first home of the day, after listening to your needs, we may be spending additional time together seeing homes that may not suit your needs or something that you are not willing to compromise on.  We can also spend time talking about what happens when you find the right house for your needs, so you are prepared as to the next steps happen when you get the offer in.  Before even going out, we can also talk about the current housing market is in the Danbury area, how important it is to get pre-approved for financing and other questions and concerns that you may have a...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
It seems there are a lot of real estate apps and tools that are out there competing for the buyers use on their home search. Here are the tools that I find the most useful from my clients:-Sotheby's Mobile App: This mobile app is the premier choice for house hunting. You can view all current listings, search by proximity, get directions, see which listings have had price changes or have open houses planned, search by lifestyle, and allow buyers to favorite homes. With this app as well, you can search by lifestyle, share listings, search more in depth as well as providing an easy way to get in touch with your chosen real estate professional.-Market Report: This monthly report gathers information from the local multiple listing system & summaries real estate activity in your chosen town o...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Almost all of my incoming buyers plan to keep their current job when they move up to the Danbury,Connecticut area. There are many reasons why clients decide to relocate to the area, include cultural opportunities, schooling, affordable real estate options with reasonable property taxes, a suburban environment with loads of amenities and other more.  If you don't work in Danbury,CT or the immediate towns, this means you will have to be commuting. Most of the clients decide to drive themselves to work via private automobile, on the major commuter routes (I-84,I-684, Route 7, Route 35, Route 58) or the backroad options down to Norwalk or Stamford.  Depending on where exactly you end up in Danbury or the exact location of your job, I would estimate the following driving times. 50 Minutes To...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
In a business it seems that every agent seems almost the same, I would hope to stand out and above the crowd. That being said, I don't claim to be the end all be all. At this point in the reading, I am under the assumption that you have reviewed my professional biography and might think that you can get me, but there is most definitely more beyond the box.I am one of those Western Danbury long term residents, born and raised here, but there's not as many of us as there used to be.  In this town of 85,000 people, I am very well known-which can be tough because sometimes you just want to be alone.   I think staying relevant and fresh is important. On my way out & about, I somethings do a quick drive around neighborhoods that I haven't been in a while. If you are an old time resident like ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There is no harm in knowing what your home's values is worth for the current real estate market. Perhaps you might need to take out a home equity loan to pay for your children's education, plan for a retirement strategy, refinance, budgeting purposes if your family needs a larger home, downsizing or possible job opportunity out of the area.  I had several instances when I meet with a prospective clients where my figure was pleasantly larger than some of the major real estate portals. There is no cost associated with getting your local professional Danbury,CT based real estate professional out to your home. Even if you are not sure when you would be planning on moving, I would welcome to opportunity to meet with you to discuss the current market & your plans for the future. I would hope ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
In the current Danbury,Ct real  estate market, certain price ranges and properties types are exteremly competivite. I have been told by other agents checking over a dozen offers within a weekend for an estate sale, and other bank owned properties closing almost $35,000 more than the listed price. It is not only just those types of properties. In addition, inventory is low in immeadiate area (Danbury,New Fairfield, Bethel, Brookfield & Newtown) for single family homes currently under $300,000 which are not short sales & as well condos under $200,000. What can you do if you find yourself in a multiple offer situation. As a seller, most of the time if you get a several bids on your home, I would recommend going back to everybody and provide a date & time of which all highest & best offers ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The Danbury,CT real estate market can be confusing if you are going from out of the area or even move locally into a townhome. Generally speaking, the newer the unit would is, the more more money you are going to be paying. In addition, amenities do factor into the valuation as well. Danbury is a larger city, and some areas tend to historically have higher prices for similar homes when you purchase, but then it is generally make up for it if and when you have to sell. There are lot of other factors that play into the valuation of real estate, including interior condition of the home including mechincal systems, as well as upkept of the common grounds & heatlhy budget for the condo association. Generally speaking as well as a long time resident & real estate professional, it is best to s...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The Shelter Rock area of Danbury,CT has had the strongest real estate market activity that what I have seen in several years. It is just not one of the townhome communities doing well, it is all of them. Prices have gone up & the time on the market has gone down to take an offer. Below you will find a chart with information needed.Active Community # of Home Available Low Asking Price High Asking Price Average Asking Price Average Days on Market Arlington Woods 2 $289,900 $299,900 $294,900 104 Autumn Ridge 0         Birchwood 3 $159,750 $169,900 $165,183 22 The Knolls 0         Timber Oaks 5 $339,500 $369,900 $352,580 56 Southwoods 0         Summerset 0         Summit View 0         Woodland Hills 7 $289,900 $399,000 $339,043 147 Under Contract & Pending Community # of Homes Low Asking P...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Fairfield County and the Greater New York City area has some of the most expensive real estate in the country. However, homes in the Greater Danbury area and Candlewood Lake area are fairly reasonably priced. Danbury technically has a Fairfield County address, but we do things differently around here. We don't have an inventory of almost all higher end single family homes or only high end shopping or services, we offer real estate options for all budgets & a wide variety of service options. Some of the towns in lower Fairfield County & nearby Westchester & Putnman County,NY may not even offer equivalent real estate options that the Greater Danbury offers.  Area Property Type Median Sales Price 2nd Quarter 2018 Danbury,CT Single Family $323,000   Condominium $219,900 Stamford,CT Single F...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
House hunting should be an exciting time. You can actively searching for a new place to hang your hat for the next several years, new memories, a different environment to where you are most likely living now. You may have to be moving to the Danbury,CT due to a job transfer, outgrowing your current home & can not afford to upgrade where to you live now, lack of affordable real estate to become an owner where you are know, a change in scenery, moving to be closer to family or simply wanting a vacation home.Once you get your wish list together as well as your pre-approval letter, we can get house hunting. Depending on inventory and your schedule, we can see a few different houses each time that we get together. It is easier to do that than to see just one place at a time. After spending t...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are many spacious townhomes available in the Danbury market. if you are considering looking, partner with the leading expert in the market. Depending on your needs and budget, you would be most likely  two or a three bedroom unit. However, there can be a large different in the price point.Per smart MLS, the average 2 bedroom condo in Danbury,CT that was sold was $237,869. For a three bedroom property, it jumps all the way to $356,000.Here is some more information. 202 two bedroom townhomes  were reported as sold compared to only 72 three bedrooms..The low price for a two bedroom was $80,050 with the high being $700,000. However, the low price for a 3 bedroom was $179,500 & the high being $685,765.  The median price for a 2 bedroom was $221,500,which is a quite difference from $348...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
In your Danbury,CT townhome community, you might have seen home values all over the map. As a owner, it can be confusing as you want to make sure that you would able to get a good value for your home, if and when it is time to move on. In some neighborhoods, the price range of homes range in excess of hundreds of thousands of dollars, wherein others it can be closer to about $50,000. Why is there such a difference in the values?-Layout: The chosen community may offer a variety of different models. Some may be larger than yours, others smaller. Some units may have a garage and separate entrance, and others may not even have a basement. -Condition: Over the years, the condition of the homes have changed. Some owners have replaced appliances, countertops, flooring and more, whereas some ow...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I really to see your pre-approval letter from your mortgage broker before we spend anymore time together. First of all, it shows to me that you are serious and have invested the time to go meet or talk to a professional that confirms based on the information that you have provided that they feel at this point in time that they can help you. I am fairly busy so I can only invest time to assist clients that are finincally ready to purchase a home in the Greater Danbury area. In addition, it takes sellers time to get their homes ready for buyers to come take a look at it-they would be upset wasting their time if the people that came are not in a position to purchase real estate at this time.  It is common practice in our market to have the letter be accompanied by the offer on the home tha...
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