Danbury Real Estate Blog

Annual Apperciation Of Danbury,CT Townhomes

February 9th, 2018 11:40 AM by Jonathan Hall

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


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