Danbury, in Fairfield County, is located in southwest Connecticut, on the Still River. It was named in 1687, incorporated in 1702, and chartered as a city in 1889. During the Revolutionary War, Danbury was a supply depot for the Continental army. The British, led by Major General William Tryon, raided the town in 1777. Nicknamed Beantown early on for the quality of the beans it grew, Danbury eventually earned the nickname Hat City during the nineteenth century when it became the center of America’s hat production. Today, Danbury makes electronic equipment, machinery, and furniture and is home to Western Connecticut State University.
Danbury has two public high schools: Danbury High School and Henry Abbott Technical High School, each of which are for grades 9 through 12. An alternative school by the name of Alternative Center for Excellence is housed off-campus, and its graduates receive Danbury High School diplomas upon completion of their studies. Danbury also has 3 public middle schools for grades 6 through 8: Broadview Middle School, Rogers Park Middle School and WestSide Middle School Academy. There are 13 elementary schools in Danbury. These schools are Academy for International Studies Magnet School (K-5), Ellsworth Avenue (K-5), Great Plain (K-5), Hayestown (K-5), King Street Primary (K-3) and King Street Intermediate (4–5), Mill Ridge Primary (K-3), Morris Street (K-5), Park Avenue (K-5), Pembroke (K-5), Shelter Rock (K-5), South Street (K-5) and Stadley Rough (K-5).
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
