Real Estate Market Update for 06811 (Danbury, CT)

Video: Real Estate Community Tour for 06811 (Danbury, CT)

See Real estate community tour for 06811 (Danbury, CT)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 32% from one year earlier, and down 16% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 30%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 250-thousand dollars. The number of units sold decreased 37% year-over-year, and decreased 41% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 06811 (Danbury, CT)
Area Information for 06811 (Danbury, CT)
  • Population: 31,904
  • Median Age: 41.6 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,505/sq mi
  • Population Change Since 2000: 7.16%
  • Closest Airport: Westchester County
  • Closest College: Western Connecticut State University
  • Closest Jr. College: Norwalk Community College
  • Median Household Income: $83,132
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $261,000
  • Closest Major Sports Team: Hudson Valley Renegades (ss)
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 06811 (Danbury, CT)
Median Age: 41.6 Married: 44% Number of Households: 11,444 Households with Children: 2,787
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 06811 (Danbury, CT)

      School Name Distance Type Grades School Rating Parent Rating
      Kindercare Learning Center 755 0.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Danbury High School 0.9 mi Public 9-12 1 3
      King Street Primary School 0.9 mi Public K-3 2 0
      King Street Intermediate School 0.9 mi Public 4-5 0 0
      Pembroke School 1.0 mi Public K-5 2 0
      Immanuel Lutheran School 1.4 mi Private PRESCHOOL-8 0 0
      Henry Abbott Technical High School 1.8 mi Public 9-12 2 4
      Hayestown Avenue School 1.9 mi Public PRESCHOOL-5 2 0
      Western Center Academy Of International Studies 2.0 mi Public K-5 4 0
      Mill Ridge Primary School 2.3 mi Public K-3 1 0
      St Gregory The Great School 2.3 mi Catholic PRESCHOOL-8 0 0
      Westside Middle School Academy 2.5 mi Public - 0 0
      Great Plain School 2.7 mi Public K-5 2 0
      Colonial Hills Christian Academy 2.9 mi Private PRESCHOOL-11 0 0
      Stadley Rough School 3.0 mi Public K-5 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 06811 (Danbury, CT)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.