Danbury, CT Real Estate News

By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I have helped many home sellers clients over the years with the sale of their homes. I found have myself going above and beyond on a regular basis in order for my clients to achieve the results that they want. I have helped clients by doing the following items-Re-staged and organized from top to bottom a 1700 square foot condominium for the photos & showings, as the owner has relocated into assisted living & the home was in disarray when I arrived for the listing-Oversaw the installation of a new central air handler unit prior to closing for an out of area home seller.-Oversaw the repainting, carpet cleaner & miscellaneous repairs to a condominium in Danbury prior to selling for an out of area home seller-Assisted client with getting a final certificate of occupancy from a town's buildi...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are a few different areas in the Danbury,CT that offer luxury single family homes.  These real estate values typically rank among the upper 25% of the annual sales & offer expectational features. Pricing on these types of properties would generally start around $475,000 & up to about $3,000,0000.There are a couple of different options, depending on your taste & needs. Options include:-Large vintage era homes. These grand homes were specially orginally built by old industrial families & area merchants close to a number years ago. They found be located along Deer Hill Ave, Ohehyatah Place, plus a couple of assorted mini estates on Long Ridge Road, Brushy Hill, a very along Clapboard Ridge Road, King Street & Middle River.-Waterfront Homes: There are numerous expanded former summer c...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
If you are considering a move to the Greater Danbury area from out of the area, it's important to know what your housing budget can allow for you. You can review all area listings on my website. Here is a quick chart of the average sales prices in the Greater Danbury area from the 2018 calendar year for a single family home. Town Average Sales Price Median Sales Price Bethel $365,930 $339,900 Brookfield $460,348 $380,500 Danbury $330,663 $307,750 Newtown $424,087 $385,000 New Fairfield $397,306 $331,250 New Milford $326,451 $299,350 Redding $591,064 $548,250 Ridgefield $716,085 $640,630 Sherman $507,382 $415,000 Southbury $377,988 $385,000 Sales data per Smart MLS, 1-1-2018 to 12/31/2018We should discuss what you like or don't like about your current town, your current home and what you...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are still some distress properties in the Greater Danbury & Candlewood Lake area. Distress properties means a bank owned foreclosure or a short sale. In both cases,the home is being sold in 'as is' condition. This means the home buyer does have the right to perform their inspections, but the home seller is not going to be fix anything. In a short sale situation, the buyer typically has to perform their inspections prior to the sellers attorney submitting their short sale package into the bank. You might be possibly able to negotiate a little bit of money of the purchase price  on the short sale with the home seller if there are items that concern you but are reasonable(submit to the lien-holders approving the sales price), which we can talk about after the inspection.  In a short ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are a number of websites and third party vendors that distribute available on school rankings.To start, here is the link to the official city of Danbury public schools. The district offers several elementary schools of which enrollment is generally based on the where you live in Danbury as well a magnet school. There are two middle schools plus a magnet middle school. There is one high school for city of Danbury, in addition to a regional technological high school, a regional alternative high school and regional private high school.Another useful that I have had clients gather information from is from the Connecticut department of education. It provides information on each school district in the state. It provides a profile and performance evaluation. A further resource is from ho...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are a few active adult communities in the Greater Danbury & Candlewood Lake. Until fairly recently, the closest active adult community that you could find in the Greater Danbury area was at Heritage Village,located in Southbury. Please review this list of communities that area has to offer.Bethel,CT-Summit at Bethel (mostly all 55+ restricted)-Nashville VillageBrookfield,CT-Newbury VillageDanbury,CT-Mallory Square-Enclave at RivingtonNewtown,CT-Liberty at Newtown-Newtown Woods-Regency at Newtown-Walnut Tree Hill VillageNew Fairfield,CT-Dunham Pond-The BirchesNew Milford,CT-Carlson Ridge-Laurel Ridge-Park Glen-Tall OaksOxford,CT-Oxford GreensRidgefield,CT--Regency at Ridgefield-Seventy Seven SunsetSouthbury,CT-Heritage VillageThese are great options for residents that are looking f...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Home sellers in the Danbury,CT area will need a market analysis on their home when it's time to list their home for sale. This is a on-going living and breathing document that talks about what is on the market, what homes are under deposit & in contract and what has recently sold in your neighborhood or town that is similar to what your home has to offer. After evaluating this information, home sellers should understand where their home should be listed at in hopes of selling. As a real estate professional, I have no problem being honest with clients on where they be listed for in order to have a good change of getting an offer in a reasonable time period.When I'm in the process of preparing a market analysis for a client, I take my time and through the local multiple listing service se...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
It's important to gather information about your home before it goes on the market. As a real estate agent that is representing the homeowner and the house, I like to assemble that information into a booklet that buyers can see when they come to tour the house. In addition, I make the documents available online for any licensed real estate agent to access. It's great if the homeowners any provide information as listed as below.-Plot Plan/Survey-As Built For Septic & Well Water Docs (if applicable)-Utility Cost-Appx age and information of mechanical systems (furnace,ac, hot water heater,roof) and appliances-List of service providers-Any HOA information-Inclusion/Exclusion Sheet-Any paperwork available on any major projects, improvements or repairs-Anything else that you think would helpfu...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Being a landlord is not for everyone in the Danbury,CT area.Once you made aware that your tenant does not plan on renewing their lease, owners are faced with a couple of choices. They can either move in the property as their primary residence, put the house on the market for sale or begin the process of advertising the home for lease. As a real estate adviser in the Greater Danbury area, I would be happy to meet with you to discuss the last two options. I have helped clients in those situations before and can advise you on which may be best, but it is your call on what you would like to do. We can evaluate the market to see what the home would sell for and also rent for based on real estate activity in your neighborhood. Owners should evaluate their personal financial situation & their ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Danbury,CT does offer a large number of townhome communities for residents to live in .A large number of them are primarily owner occupied, being the homes are kept as the owner's home-not rented out. However, there are usually a couple of units that are quite spacious, totaling about 1600 + square feet on the first & 2nd floor plus a finished basement, that has been placed on the market for the lease over the last few years. In most cases, you as the tenant, would be working renting from someone that typically lived in the unit before and then had their situation changed or the real estate market has changed, making them into a landlord-not necessary planning to be one. With the prices of most of these units, one would have to run the numbers carefully to see if it is financially benef...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
When you sell your home in the Greater Danbury,CT area with me, I require my clients to fill out an inclusion/exclusion sheet. This a document that spells out what you as the homeowner plan to leave for the home buyer purchasing the home, what you plan on taking with you. You can also list what items you would like to be negotiable for, depending on what the overall offer is for the house. Items listed on this sheet include appliances, window treatments, lighting fixture, sheds or play-sets, fireplace tools and more-some of the items may not even apply to your property. I request the home buyers to sign this form as part of their offer, so at the last minute they won't come back complaining that something was excluded. This also means that you as the home seller are obligated to deliver...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The general market for buying or selling a single family home  in Danbury,Connecticut was very active in 2018 for what was on the market. Days on market decreased quite a bit over the 2017, and 90 less homes were sold over last year. The average on market decreased 2 weeks & the average sales price increased about $8000.The lower end is the most active with most properties coming under deposit in under three weeks on the market, but a little bit longer to get into formal contract .The average closed price for a single family home in Danbury,CT is now $330,641. There were a few newer homes over on the west side of Danbury that recently sold as well as a couple of direct waterfronts that postively effected the higher end.Current inventory levels are low, making it a good time to selling. ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The general market for buying or selling a condominium or townhome in Danbury,Connecticut was very active in 2018. Days on market decreased quite a bit over the 2017, more homes were sold then than last and the average sales price increased over $20,000. The lower end is the most active with most properties coming under deposit in under three weeks on the market, but a little bit longer to get into formal contract .The higher end has had some sales, but not all may be recorded on the MLS due to new construction up at Rivington.The average closed price for a townhome in Danbury,CT is now $257,499. The days on the market or the higher end in Danbury appear higher as they were new construction.Current inventory levels are low, making it a good time to selling. Price Range Average Days on M...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There is a difference between viewing houses and looking for help on buying a home. Viewings homes is just a part of the the whole home buying process. That is what most home buyers in the Greater Danbury think is the most important thing in the entire process purchasing a new home.When house hunting, property viewings are important but not as important of learning about the process of buying a home before getting to point of viewings. A discussion about home buying process should be done prior to viewing home-it's called reaching out of help. The home buying process has changed since the last time you purchased-or this could be your first time. Looking for help includes meeting with the agent of your choice for a visit. This is what you should do before even getting into the door of an...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I don't try to service the entire state of Connecticut. I don't feel that I can absorb that that information about each neighborhood and available homes. Each part of the state also has it's own way of getting from an accepted offer all the way to the closing. Even the real estate market within 30 minutes south, southeast or east of Danbury is different.  Pricing, practices and finding professional in related fields needed for the closing would become difficult if I attempt to go outside of my immediate market area.My bread and butter is representing home buyers & sellers seeking professional assistance throughout the Greater Danbury & Candlewood region of Western Connecticut. I have personally sold represented approximately 150 sides of a transactions at this point in my career-each si...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
If you are in the market to lease a property in Danbury,CT there's a good amount of paperwork that most landlords require from you before they get out a lease for your review.-Offer To Lease: This is generally a one page document that is filled out. It included what you are offering to pay each month for rent, the amount of security deposit& any appliances or personal property to be included with the home. This document also includes when you would like to move in & have the lease end. In addition, there is space for additional terms of conditions of the house(for example to add if you want the owner to paint or make other improvements or to mention that you have an pet).-Photo ID: We require a  copy of your drivers insurance.-Pay Information: It is my office's policy to collect your tw...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There are a few things that home owners in the Greater Danbury are have to consider when setting the sales price for their home. Condition: The condition of your home should be reflected in the pricing. If other homes have been updated and yours reflects much of the original construction but things are working, you can not expect buyers to pay as much for your home as your neighbors have gotten. In the contrary,we have to be careful about taking price plan if your home is the largest or most improved. Motivation:If you want sell quickly I would go the lower end of the comps based on your homes  condition and hold pretty firm when it goes to negotiating any offers. If you are in not much of a hurry, we can go toward the higher end of the market but if the feedback isn't what we hope for,...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Some of my clients are not sure whether they should be purchasing a single family or townhomes. In the Danbury area, we are forutnately to have both options avaialble in both of the towns that comprise the area. Generally, there are most townhomes in Danbury & Bethel,compared to the surrounding towns. Each option has it's own postive features. For the most part, townhomes in the Danbury area are more affordable, larger and newer than the single family homes.Current inventory is better for townhomes-in terms on the number that are available to choose from in certain price ranges. In addtion, a good number of communties offers amenties such as pool or walking trail. Owning a single home has it's own advtanges as well. You don't have typically have monthly assocation dues. You get to contr...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
When you are looking for a new place to live, and are in the process of deciding on a community or two to focus on, it is common want to drive around to get an idea on the complex is maintained, how far apart are the homes from each other, how the homes look on the outside and distances to your work & preferred services.One thing you might want to ask yourself , where can I find information about the current real estate offerings throughtout the area. Unlike some parts of the country, interested buyers in the Greater Danbury area of Connecticut  most go to their own real estate information There are no-site sales offices to go to-unless if you are interested in only in their own project for a brand new home. When looking for a home in the Greater Danbury area, you  hire the expert to gu...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Learning the value of your home is very important. It it be useful for your planning your financial future by seeing if their is enough equity in your home so you can upgrade to larger home, downsize comfortably, or another considerations. It is easy to get a quick price from a well know national portal. However, the estimate that you get from their is just a starting point. One appointment I went on in the Greater Danbury area, their price was close to 20% less than what I valued the home to be due to a number of things. The national site has not been the homes, and understands the differences in location & the current market conditions. Home sellers in the Greater Danbury,CT can get three different value directly from my website. This is a free service with no obligation. I also will ...
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