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Dana Voelzke

Greater Danbury - some 2008 real estate stats

01-08-09
Dana Voelzke

Danbury, CT average single family home prices (Homes priced between $100k and $1mm) in thousands, 2001-2008I ran a few Greater Danbury real estate market stats yesterday. These aren't final quite yet since some December sales still haven't been reported closed on the system.

The market was trending down at about 7% throughout most of 2008, but downturn accelerated in 4Q to about 12% year over year.

It was a busy Christmas season, simply because we had a weak fall market as people were scared away by the financial crisis. Low rates seem to be bringing buyers out of their warm, cozy homes recently, even with all the snow!! In the week before Christmas and New Year's one listing was shown 4-5 times which was more than the prior 3 months combined.

I believe the spring market will be busy, but it remains to be seen if they will be window shopping or buying.

Relocating to Northern Fairfield County, CT?

01-09-08
Dana Voelzke
If you're thinking about moving to Northern Fairfield County and need information, check out our new website www.danburyrelocation.com. It's a great resource for people from New York State, other parts of CT, or other parts of the US looking to find out what it's like to live here. If you have questions, an area tour or additional information please contact Dana Voelzke at McCaffrey Realty Professionals. Email danav@mccaffrey-realty.com, cell 203.733.9408