Danbury Real Estate Blog

There are several hings to come into play when you decide to sell your home in the Greater Danbury area You, the seller, have to make the decision to where we should list the house for, in terms of the asking price. As an experienced real estate agent in the area, I have seen clients tyr to shoot themselves in the foot by either testing the market at a value at this unrealistically high or think their house is actually worth less than what it should be.

So how exactly do we come to the setting your sales price

-Evaluating Your Property:Each home is different. You have your own positive features that might attract a certain buyer. You may have some potential challenging issues that may be to be reflected upon in the asking price. I will generally need to see your home,  take some pictures/notes and get back to you about setting an appointment to narrow down a price.

-Detailed Review Of Current Active Properties And Those Under Deposit: We will see what the other homes have to offer,. How long have they  been on the market for. Have the sellers had to reduce their price? What condition are they in? If they've been trying to sell for a long time, it doesn't matter what their current price is,we need to see we can do for you.

-Consideration of Those Which Have Sold: We ill carefully review the sold homes. For example, how does their space & condition compare? When did they sell & did they have to adjust their asking price. Do you have things that you don't have or vice versa? Look at what has sold in the last 6 months, and specially in the last 90 days, as that is what buyer's agent will use when advising on a bidding strategy & bank appraisers will use when we get to that point in the sales process.

-Market conditions and your time frame/motivation: Only you know how motivated your are to sell. The market does tell us how things are going. I can read market activity by experience & can give you an idea of after how many showings & days on the market that an acceptable offer should come in. We can also discuss where you can to end up after negotiations on a price.

If you are considering selling selling your home in the Greater Danbury,CT area, please contact me for a personal appointment at 203-417-0523 or send me an email.You can also get a free, no obligation automated price opinon on my website. I look forward to hearing from you. 
Posted by Jonathan Hall on November 23rd, 2018 3:37 PM
I recently a had a client ask me if their home was going to sell in Danbury. They were really concenred as they have sold never a home before. The property was owned a family member for over twenty years and due to a change, the family had to sell it Their home was well maintained, but kitchen counter-tops, appliances and baths were pretty much original to the home. They also need the home to close before a certain date for financial reasons. 

The family did a do a some cleaning, but it looked like a bomb went off with the personal property. Due to the disarry, the home would not photograph well at all, showings would be very slow and any offer would be quite low, but it had to get on the market for sale ASAP.  I was upfront with the owners, and said you are more than likely not going to like my sales price and time frame if you keep the house 'as is'. They looked me with a deer in the headlights, as they thought they could put the house on the market asap. However, I advised them, I'll be back the next day get you organize the home and do the photos so you get the money the home deserves and an expected closing date to meet your deadline.

After an investment of 3 hours on my part, the home looked completely different. Their condo looked very functional and organized. Numerous items were moved around in the house. to reflect the way a new buyer would likely live. For example, I moved an exerciseg bike out of the middle of the kitchen and extra tables onto the sides of the fireplace.Excess items were put into storage spaces. Of course, I was given permission to help get the house ready. When they  came back, they could not believe it was the same place & looked it some of the listings they remember seeing when they bought a home several years ago. The owners were very pleased with the results,getting an acceptable offer in just over a month on the market. & were abler to meet their timeframe goal.

This is just one of the many things that I have done over the years to help my benefit my clients on their move. As a Danbury,CT real estate expert, it does me no good leaving money on the table for clients that need to sell their home. I want my clients to be happy with the results, so they can tell their friends & family members that my real estate agent works hard & doesn't let make me sell low. Please contact me to disucss the sale of your Danbury,CT area home. I look forward to hearing from you.
Posted by Jonathan Hall on November 23rd, 2018 3:27 PM

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 $222,444 363 $196,000 107
2016 $223,956 413 $208,000 107
2017 $233,179 383 $215,000 90
2018* $257,839 378* $234,950 63

*Sales From 1/1/2018 to 10/28/2018. Sales Data per Smart MLS 10/28/2018, accurate but not guaranteed

It's amazing to think the 28.2 condominiums on average in this time period sell every month. That is almost one sale every day of the year. Considering banks don't do closings on weekends and there are holidays, so there are generally a lot of homes being sold. I think of the increase in number of homes sold & pricing is due to the ongoing new construction over the Rivington-in most completed communities,the # of numbers sold appear to be stable or declining due to less moving, but due to lack of home, in some neighborhoods pricing has increased-contact me for details about your move.

Generally speaking, a purchase of about $255,000, the price would typically afford you a 2 bedroom 1.5 bath home in the Sterling Wood or Kensington Woods community, approximately 1152 square feet on above grade plus about 250 additional square feet in the finished lover level. There is a breakfast nook, a pantry, gas fireplace, master bedroom with a large closet, in unit laundry, a deck, open main level floor plan, gas heat, central air and a garage. Homes were built between 1996-2002, and are in generally good condition and offers access on the communities on-site amenities. There would other choices available as well.

Are you in the market to purhcase or sell a condomioniuim in the Danbury,CT area? I am here to help you. My name is Jonathan Hall-A Realtor With William Pitt Sotehbhys' International Realty in Danbury,CT. Visit my website to learn about the area and properties. Please call or text me at 203-417-0523 with your requests on moving. I look forward to hearing from you. 


Posted by Jonathan Hall on October 29th, 2018 3:57 PM

There are many factors on deciding which real estate agent that you want to partner with for finding a new home in Greater Danbury & Candlewoood Lake area of Connecticut. By choosing the right real estate professional, you have save yourself time, money and stress in the moving process. Think about the following questions when you met with an agent when you are considering purchasing a home.


-How often do you get back to me?
-How do  showings work?
-Can we go after work and weekends? -
-Will you show me all of your listings, not just for your offices?
-Do you speak your opinion after seeing houses?
-Do you know what other area homes are selling for?
-Do you take separate cars to houses?
-Would you tell me if a house we see is a good fit or not?
-We will be spending a lot of time together. Do you think we would work well together?
-Are you a full time real estate agent?
-How do you feel about the possibly of a short sale or foreclosure? 
-How long can we spend at each house?
-Do you have an idea of neighborhoods that would fit our needs?
-What would you put in an offer to protect me?
-Is our budget realistic for what we are looking for in a home?
-How do you recommend a bidding strategy?
-Do you have any recommend lenders,home inspector or attorney?
-In the past, how many offers and house viewings do your clients take til they get the right home?
-Where do you recommend we search for homes online?
-Can we see  a house that we like more than onece?
-How does making an offer work?
-How long does it take to close once an offer has been accepted?

My name is Jonathan Hall. I'm a local Realtor with William Pitt Sotheby's International Realty in Danbury,CT-servicing both Danbury & the Greater Candlewood Valley Region. You can visit my website to learn more about me. You can call or text me anytime at 203.417.-0523 or send me an email to  DanburyRealEstate@Gmail.Com. I am ready to meet with you to talk local real estate if you are thinking of purchasing a new home. I look forward to hearing from you


Posted in:General
Posted by Jonathan Hall on September 28th, 2018 3:20 PM
There are many factors on deciding which real estate agent that you want to partner with for selling your home your home in Greater Danbury & Candlewood Lake. By choosing the right real estate professional, you have save yourself time, money and stress in the moving process. Think about the following questions.

-Do you feel comfortable working together for the next few months?
-Have they had the experience with properties in the neighborhood?
-Do they know the market?
-Are they telling me what I want to hear or being forward with the truth?
-Are they prepared to talk about the market and the home selling process at your meeting?
-Do they explain the showing process?
-How did you come to the price?
-Are they not afraid to talk about property condition or recommended improvements?
-Do they have proven marketing plan?
-Is the agent listening to me and interested in the house?
-Are they familiar with technology for marketing?
-Do they clearly explain the paperwork that you would have to complete?
-Are they a full time real estate professional?
-Do they seem honest and ethical?

My name is Jonathan Hall. I'm a local Realtor with William Pitt Sotheby's International Realty in Danbury,CT-servicing both Danbury & the Greater Candlewood Valley Region. You can visit my website to learn more about me. You can call or text me anytime at 203.417.-0523 or send me an email to  DanburyRealEstate@Gmail.Com. I am ready to meet with you to talk local real estate if you are thinking of moving. I look forward to hearing from you.
Posted in:General
Posted by Jonathan Hall on September 28th, 2018 1:05 PM
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 $348,500 for the median three bedroom unit..This data is collected per Smart MLS, 1/1/2018 to 9/25/2018,accurate but not guaranteed. 

There can be a lot of differences in between the homes. Square footage and layouts could vary, as well as parking and lower level size or availability of on-site amenities. As a home buyer, you need to be sure that you are working with the right real estate professional to help you find the right home and to make sense of the market. My name is Jonathan Hall-A Realtor With William Pitt Sotheby's International Realty in Danbury,CT. My cell phone is 203.417.0523 or send me an email with your wish list to DanburyRealEstate@Gmail.Com
Posted in:market data
Posted by Jonathan Hall on September 25th, 2018 5:30 PM
If you are in the market to purchase immediately or considering selling your home in a year or so, it does not hurt to contact your local real estate expert. I welcome requests from clients regardless of the state of moving they are in-provided they are honest and upfront with their moving plans. Extra preparation and time is important so you are not rushed into anything. I look forward to meeting you. 
Posted in:General
Posted by Jonathan Hall on August 20th, 2018 11:28 AM
If your home has been on the market in the Danbury area for close to 6 months without a sale, something has to not be going right Based on market averages, your home should been sold. Perhaps your current agent is not aggressively marketing your home in the right places. Perhaps your current photos and ad copy need to be adjusted.Most homes should have had least gotten an offer. It could also be your price is not in line with what the market is reflecting-I'd have to see your home in person if I haven't shown it to judge.If your home in not sold, perhaps it's time to consider partnering with a new different real estate professional. If you are considering selling your property in the Danbury,Connecticut Area please contact me at 203.417.0523
Posted by Jonathan Hall on August 2nd, 2018 4:02 PM
Moving can be a scary process. It's tough to leave where you have set up roots, whether owning your home for over 20 years or moved in just about five years ago. There's a new journey ahead of you; whether across the country or into a larger home for  your growing family.

The actual selling part of your home may be a little challenging, especially if you haven't been active in the real estate market recently. You need to partner with an experienced local real estate expert to help you get the most out of house out. Your housing expert should provide ongoing updating the marketing, communication on the offer and guiding you on the steps to the closing table.  There may be surprises that could come up along the way, but some of which could be good or possibly negative. You could possibly get multiple offers, which allows the home owner to select the most qualified buyer. In the inspection process, the inspector might find a few issues with the condition of the house that you might not be aware of that the home buyer possibly could ask you to address. As an experienced listing agent, I can guide you on how to handle any situation or request that comes up, but it is ultimately your decision as the home owner.

Sometimes sellers have expressed additional concerns about moving. They sometimes mention they have no where to go if they sell, Other sellers wonder if the buyer that they are thinking of accepting have been approved for their mortgage. Sellers are often wondering when they should move out or sign a lease for an apartment to live in once they sell. As a trusted real estate expert in the Danbury, I can answers to these questions and more that you may have. If you are thinking of selling your home, please contact me-Jonathan Hall, a Realtor with William Pitt Sotheby's International Realty, directly on my cell phone 203-417-0523.  I look forward to easing your nerves about selling your home. 
Posted in:General and tagged: Selling Home DanburyCT
Posted by Jonathan Hall on March 9th, 2018 12:22 PM
As a licensed real estate professional, I listen to your needs in order to help find your dream home. I'm able to use to experience to save you time and energy as we share the entire inventory of homes on that market so that you can select those that best meet your wants and needs. I can show you any and all of the listings in the Multiple listing service, any property you see advertised on the internet or in any publication for any brokerage firm in addition to any house listed by any brokerage office in my service area. In addition to these homes, please allow me to introduce you to several of the new construction communities.

I am able to help you with this in the Greater Danbury & Candlewood Lake region of Connecticut. The real estate community cooperates with each other and has the homes listed in the Multiple listing service, so the homes are available to all agents to bring their clients. This means you shouldn't have to go from agency to agency to see their properties-work with only your trusted real estate advisor. 

In order to see any of these properties, the state does require that we sign an Exclusive right to represent buyer form. I will review in person and can also email this to you prior to our appointment. Contact me on here for your housing needs or call 203.417.0523. I look forward to hearing from you-Jonathan Hall,William Pitt Sotheby's Internaitonal Realty.



Posted by Jonathan Hall on February 21st, 2018 2:48 PM
Generally speaking since 2000, townhomes in Danbury have appreciated 3.41% each year. That time period does include the height of the market as well as the recession period. In 2000, the average sales price was $135,526 with a median of $122,00. For the calendar year of 2017, the average price for townhome in Danbury that sold was $233,397, with the median being $216,000. Prices did hit the high in Danbury for townhomes in 2005 when the sales prices averaged $287,031. and the sales price in 2017 are basically right the averages of the 2004 as well as 2010 time. 

So what does this information mean for you? You might possible have more equity in your home than think. It could be a good time to sell, as inventory levels are quite low across the board.  There is no harm in getting a confidential price opinion on your property, so contact us today. 

This information is per smart mls system, February 4,2018. Please contact for current information, accurate but no guaranteed.


Posted in:General
Posted by Jonathan Hall on February 9th, 2018 11:40 AM
I have had a a lot of success helping clients sell their townhome in the Greater Danbury area. Of the last few listings that I have had, the owners received about 96.8% of the last asking price, which is above area market averages per smart mls.In the last 7 listings that I had, for townhomes in the area, my homeowners had their home in contract averaging under 87 days, with a median of 76 days. That is compared to an average days across the board of 118 days.  Another recent client of my mine was able to get the highest sales price in his neighborhood in close to 8 years time.  One other of my sellers clients went from just listed to closed in just over one months time.

If you are thinking about selling your property,I'm available to meet with you at your schedule, whether you are planning to sell as soon as possible or down the road in a couple of years. If your property needs to be sold, you have come to the right place for professional service. An active full time real estate professional, Jonathan Hall has lived in the Greater Danbury area for over 30 years. He has earned numerous industry awards, but what really matters is the positive results that my clients have achieved. I look forward to hearing from you. 
Posted by Jonathan Hall on February 9th, 2018 10:39 AM
Currently, the Danbury housing market is quite active. Inventory levels are across town, from the  Mill Plain Road corridor up through Shelter Rock, South Street to Candlewood Lake. Due to the low inventory, property values for Danbury have come up a little bit. With the market, maybe it is time to consider upgrading into a larger single family home in the Danbury itself or the surrounding towns.You might just be want a larger townhome, after a positive experience in owning a townhome already. Perhaps it may be time to sell and relocate from the Danbury due to changes in your family or career. Regardless of what stage or your destination might be,if you are pretty sure that you can not keep living in your current townhome, I welcome the opportunity to meet with you to discuss the possibly for the sale of your Danbury,CT townhome. Contact today to start the process.
Posted in:General
Posted by Jonathan Hall on January 25th, 2018 4:00 PM

Regardless of your status in the housing market, whether you are looking to purchase a new home in under six months or planning on selling your home in about five years, I welcome inquires regardless on when your move will be.  It shouldn't cost you any more regardless of when you contact me for your housing needs. I would just hope that you would keep me in mind from the opportunity to earn your real estate business when it is time for your Danbury,CT home purchase or sale of your home. I look forward to hearing from you. 
Posted by Jonathan Hall on January 24th, 2018 4:24 PM
It does not cost you any additional money to involve your real estate agent if you are just thinking about selling in a couple of years or if you have to list the house on the first day that we meet.  I'd rather have to talk to me before doing any work to your home that you might not need to do, or should do based on the market. In the initial meeting as a seller, we can talk about the general market after touring the home and running the numbers back in my office, I can give you a strong accurate opinion of the home's value for today. The value may be different in the future. From there, we can partner and talk about what you should do to plan your future move. I've had several seller clients pick my brain over the years before they even decide it's the right time to put their condominium on the market in the Greater Danbury,CT area. If you are considering selling your townhome, please contact us today to start the process, regardless of what stage you are in.
Posted in:General
Posted by Jonathan Hall on December 7th, 2017 4:36 PM

In case anybody out there is wondering, I don't only do townhome and condo sellers and buyers. I am also quite experienced with working with clients that need to purchase or sell a more traditional single family home. If you currently own a townhome and feel a single family home would be a better fit your lifestyle, I have the knowledge and experience to make your transition and moving process as stress free as possible. In the other side, if you currently own a single family home in the Greater Danbury area and realize it is time to move into a condominium, we can partner to insure a quick sale & make your sure your purchase is just perfect for you, not settling. I look forward to hearing from you.

Posted in:General
Posted by Jonathan Hall on April 26th, 2017 1:44 PM
There has beern a quite a deal of recent business activity in Danbury over the last couple of months.
Changes include

-The Windmill Diner has been sold, as the original owners have retired. The new owners have re-branded the business the Mill Plain Diner. The food and service quality has remained the same. They are found at 14 Mill Plain Road in Danbury, 203-743-6541.

-Sadly, Bluu restaurant and lounge on at the corner of Nabby Road and Federal Road has closed. I went there several times a year for different things, and am kind of sad it's closed up. In addition, the Sports Authority, Bertuccis and Mima's Meatballs have closed.

-Chiptole has opened a new restaurant in Danbury in the Trader Joe's shopping center. I have been there several times, and it is more convenient to me than their location in the Danbury mall. 115 Mill Plain Road, 203-730-2220

-99 Restaurants has taken over the space occupied previously by Teddy's at the corner of Newtown Road and Eagle Road in eastern Danbury. The cue has opened up at the site of the First & Last Pizza in Danbury, at the corner of Padanaram Road and Pembroke Road.  About one year ago, Colonial Subaru moved to a larger location, the former Robert Buick dealer right at exit 8 at Newtown Road.

-Prespa on Mill Plain Road closed, and now reopended as Dolce. Della francesca moved to where Social 46 was, which was the old Spasi. Social 46 moved down to Lake Avenue where Della Francesca was, which is just passed the entrance to the west-side campus of WCSU if you are heading toward the center of town.

-A small apartment complex opened up on lower South Street, almost across from Summit View condos. The Kennedy Flats apartments opened for new residents in the city center. For the kids, bounce trampoline opened up on Prindle Lane, 203-942-2449
Posted by Jonathan Hall on November 21st, 2016 3:06 PM
I have had clients ask me what is the best townhome in Fairfield County,CT. My personal opinion and taste should be effect the largest investment of your life. When you are considering purchasing a townhome that is ihe best for you, please consider the following criteria in your search:
Location of Unit & Complex:
Danbury is larger city of appropriately 44 square miles.There are several townhome communities found throughout the city limits. The location within the complex itself might not matter to you, since it faces the woods and has views or is right next to main entrance or pool. After seeing some different homes, you will start to figure out your priorities.

-Layout

With condos, you can not change the floor plan. Ask yourself when you are looking  at units, is  the space set up for you? Do you like how the kitchen is designed? Do you like having a lower level, with or without a walkout lower level. Is the garage and laundry at a convenient location for you? Is there enough storage?

-Condition:
With a condo or townhome,  the owners are responsible for the interior. Because of that, there might not be a guarantee that each unit is created equally.  Are you ok with doing an extensive renovation to the home if needed or just want a turnkey property? With any property, you usually have to make some small changes or repairs.

-Your budget:
A local mortgage professional can guide you to see how much of a mortgage you qualify for. See what the total monthly payment is including association dues and property taxes . If you don't feel comfortable with the overall cost,adjust accordingly.

-Comparsion of value:
You as the buyer determine the value. Is it worth it for you to pay more for a turn key unit, rather than to invest your own TLC to update the unit to your standards. Is the extra space worth it to you? Is being a few minutes further from the New York State border with it if you can save on the purchas price or get a larger home for similiar pricing? 

-Does it feel like home?
Thiis is the most imporant question among all of these. If all of these things come into play, it is time to make an offer if all of your ducks are in a row. If not, let's keep looking.

Posted by Jonathan Hall on November 21st, 2016 2:59 PM
Header
Header_2
Listings Photo
$300,000.00
1101 Eaton Court

Danbury, CT 06811



Beds: 3 Rooms: 0
Full Baths: 2 Sq. Ft.: 2304
Garage: 2 Built: 2001
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Jonathan Hall
William Pitt Sotheby's International Realty
2034170523
www.danbury-condos.com



 
  Visit this listing here
Posted by Jonathan Hall on October 4th, 2015 1:01 PM
Header
Header_2
Listings Photo
$199,000.00
166 Old Brookfield Road #11-3

Danbury, CT 06811



Beds: 2 Rooms: 5
Full Baths: 1 Sq. Ft.: 1239
Garage: 2 Built: 1984
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Jonathan Hall
William Pitt Sotheby's International Realty
2034170523
www.danbury-condos.com



 
  Visit this listing here
Posted by Jonathan Hall on July 7th, 2015 12:48 PM

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