Danbury, CT

The Rivington community sits on 321 prime acres on the west side of Danbury in between exit 1 & 2 on I-84. The Rivington neighborhoods features decorative street lamp, neighborhood sidewalks, city water & sewer and underground utiltiiesa historically inspired community located on 321 acres on Danbury's West Side.

There were initially plans for 3 different neighborhood: The Hills, Encore Rivington & the Village. However, only part of the Hills community was completed because of the housing market troubles in other of the developer's communities in other parts of the country. The original plans called for a community clubhouse for residents of all three communities to enjoying having a concierge, lounge w/ a bar, tennis club, heated pools and more! Currently, the Rivington Hills communtity has a outdoor heated pool, cabana and tot lot.

The Hills community in the Rivington development offers 6 different townhome designs (featuring up to 5 different variations) ranging from 1622 to 2577 square feet. Some units offer full basements, main level studys, and 3 or 4 bedrooms. There are also 4 mid rise designs, totaling 90 units, from 1190 to 1551 square feet.

If you are willing to gamble that another devolper is going to step in and purchase the rest of the development & complete the project, it is worth checking out this one of a kind townhome development on Danbury's west side. It is only minutes to the Brewster & Southeast NY train station, I-84, I-684 and many nearby office buildings. There are a few resale units for sale as well as some remaining builder models that feature many upgrades. If you are interested in a private tour of Rivington, please contact me!

The Village at Timber Oak is a special community of 328 townhome & duplex style homes in both Danbury and Bethel, Connecticut. Set on a 52 acre site, the community offers easy access to I-84, I-684, train stations, and is only minutes to local shopping in charming downtown Bethel and national chain stores along Newtown Road.

The community features a spectacular outdoor pool with a sunbathing terrace, clubhouse with fully equipped health club, tennis courts and a charming park with a gazebo. Because the community is currently (6/25/09) 60% sold, there are a few resale units available to purchase so you do not have a few months to move in. Timber Oaks is eligible for FHA financing, and there is special promotion lasting all summer where the builder is offering $20,000 toward closing costs or upgrades. In order to be eligible,You would need to purchase your home by August 31.

Standard features for units in Timber Oaks include gas heat, central air conditioning, 2 car garages, and hardwood floors throughout most of the main floor. Additional standard features are a finished room in the basement standard for the townhouse models, crown molding in the living room, and crown molding & chair rail in the dining room. The new units do come with a gas range with self cleaning oven, mircowave, dishwasher, refrigator with ice maker & stainless steel kitchen sink.

There are variety of different floor plans available to choose from. Some plans call for a main level master bedroom suite, with others have things like an main level office, upper level loft and finished basements. The community is built within the arts & crafts style.

If you are interested in arranging a visit to the Timber Oaks community of Danbury, feel free to contact me. There is no extra fee to have an a professional represent your interests.

Danbury, Connecticut Real Estate Update
May, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 25 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $265,000.

On average, these homes sold for 94.9% of their most recent list price.

Days on Market averaged 121 days of market time.

This compares with 17 closed sales in May, 2008, with a median closed sales price of $339,000.

*** What is interesting to note is that of these 25 sales in May of 2009, 28% of these sales were bank-owned foreclosure homes - more than 1/4 of all sales in Danbury were foreclosure sales. As foreclosure properties are typically priced just under market value, this can be seen to indicate why the days on market is so much lower than normal, as well as play a role in the declining values compared to May of 2008.

Condos:
There were 19 condominium sales closed in Danbury, CT.
The median closed sales price was $205,000.
On average, these homes sold for 93.2% of their most recent list price.

This compares with 27 closed sales in May, 2008, with a median closed sales price of $268,000.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 274 single family homes for sale in Danbury, CT.
List Prices range from $135,000 for an older bank-owned home to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 226 condos available for sale in Danbury, CT.
List prices range from $69,900 - $759,900.

Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.

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

Danbury, Connecticut Real Estate Update
April, 2009

Closed home sales in Danbury, Connecticut:

Single Family Homes:
There were 24 single family home sales closed in Danbury, CT.

The median closed real estate sales price for single family homes in Danbury was $341,500.

On average, these homes sold for 94.3% of their most recent list price.

Days on Market averaged 204 days of market time.

This compares with 29 closed sales in April, 2008, with a median closed sales price of $320,000.

Condos:
There were 17 condominium sales closed in Danbury, CT.
The median closed sales price was $242,000.
On average, these homes sold for 94.8% of their most recent list price.

This compares with 23 closed sales in April, 2008, with a median closed sales price of $270,000.

Currently available homes for sale in Danbury, Connecticut:

Single Family Homes:
Currently, there are 274 single family homes for sale in Danbury, CT.
List Prices range from $135,000 for an older bank-owned home to $2,290,000 for a large Candlewood Lake waterfront home with guest house.

Condos:
Currently, there are 226 condos available for sale in Danbury, CT.
List prices range from $69,900 - $759,900.

Danbury, Connecticut, a former military depot during the American Revolution, is a diverse community of about 78,000 residents that borders New York State to the west and the southern shores of Candlewood Lake. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. Danbury enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. Danbury is situated just about an hour by car to Hartford, Connecticut and New York City.

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

www.HomesByNestor.com