Real Estate Prices will Continue to Trend Upward into 2021. Still a Projected Seller's Market Ahead.
The Danbury Market is up 17%.
459 Homes Sold in 2019 vs. 539 Sold in 2020.
Hard to Believe with all the Recent Snow that we are Approaching Our Spring Market, and this Spring will be Nothing like we have Witnessed before. Homes are Selling Super Fast...Most Likely Above List Price and Buyers are Purchasing Homes without Physically Walking-thru. Thanks to Apps like FaceTime and Zoom, Deals are Being Made. Frantic Buyers are Desperately Trying to Take Advantage of Historic Low Interest Rates Since it is Unlikely we will ever See them Again.
The Expectations of Demand to Outpace Supply is Forecasted...BUT Since the Vaccine is Being Distributed, More Homeowners will feel Confident and Start to List Their Homes. To the Buyers Out There: Don't Despair More Inventory is Coming.
Looking to Sell? Don't Wait, This is Your Year! Consult with a Licensed Realtor to Help Guide you with Market Trends and Pricing.
If you Know Anyone who Looking for Some Real Estate Assistance, Please Pass Along our Information.