The short version: 137 homes closed across New Milford, Brookfield, Sherman, Danbury and New Fairfield in the last 30 days. The median sale price was $540,000, up 2.9% from the prior 30 days. But homes took 29 days to sell instead of 23, and only 45% closed above asking, down from 55%. Inventory sits at 319 active listings, or 2.3 months of supply.
Read that together and you get the real story. Prices are holding. Urgency is not.
Data: SmartMLS, single family, condo and co-op. Closings June 17 through July 16, 2026, compared against May 18 through June 16, 2026. Pulled July 16, 2026.
The five-town numbers at a glance
Metric | Last 30 days | Prior 30 days | Change |
|---|---|---|---|
Homes closed | 137 | 137 | Flat |
Median sale price | $540,000 | $524,900 | +2.9% |
Median days on market | 29 | 23 | +6 days |
Sale to list price | 101.5% | 101.0% | +0.5 pts |
Sold above asking | 62 of 137 (45%) | 76 of 137 (55%) | -10 pts |
Median price per sq ft | $327 | $319 | +2.5% |
Active listings | 319 | 2.3 months supply |
Same number of closings. Higher prices. Slower pace. Fewer bidding wars.
That combination usually means the same thing: buyers still want in, but they have stopped chasing. The homes that are priced right still move fast. The ones that reach get corrected by the market instead of rescued by it.
Forty of the 137 sales went under contract in 14 days or less. Those sellers did not get lucky. They priced correctly on day one.
Town by town
Danbury
The volume engine of the region. Danbury did 61 of the 137 closings, nearly half.
Metric | Last 30 days | Prior 30 days |
|---|---|---|
Closed | 61 | 63 |
Median sale | $475,000 | $480,000 |
Median days on market | 31 | 21 |
Sale to list | 102.7% | 101.9% |
Price per sq ft | $342 | $319 |
Active listings | 149 | |
Months of supply | 2.4 |
Danbury is the most competitive town on this list and the numbers say it twice. Sale to list actually climbed to 102.7%, and 35 of 61 sales closed over asking. Price per square foot jumped 7.2%.
The median dipped 1% but that is mix, not weakness. Danbury sells everything from a $68,000 mobile home to a $1.2 million house, so the median moves around based on what happened to close that month.
The real shift is days on market, 21 to 31. If you are moving into the area, the Danbury relocation and market timing guide covers how to plan around that. Buyers are taking their time, then still competing on the good ones.
New Milford
Metric | Last 30 days | Prior 30 days |
|---|---|---|
Closed | 38 | 41 |
Median sale | $487,500 | $524,900 |
Median days on market | 24.5 | 31 |
Sale to list | 101.0% | 100.8% |
Price per sq ft | $293 | $290 |
Active listings | 67 | |
Months of supply | 1.8 |
New Milford has the tightest inventory of the five towns at 1.8 months. It also got faster, 31 days down to 24.5, one of only two towns that did.
The median fell 7.1%, but price per square foot rose slightly. That tells you smaller homes closed this month, not that values dropped. This is the best-value town in the group at $293 per square foot, and buyers priced out of Brookfield and New Fairfield are finding it. If it is your first purchase, start with first time buying a home in New Milford.
Brookfield
Metric | Last 30 days | Prior 30 days |
|---|---|---|
Closed | 21 | 11 |
Median sale | $652,000 | $535,000 |
Median days on market | 28 | 14 |
Sale to list | 99.9% | 99.6% |
Price per sq ft | $307 | $317 |
Active listings | 42 | |
Months of supply | 2.0 |
Brookfield nearly doubled its closings, 11 to 21, and the median jumped 21.9% to $652,000. Do not read that as a 22% appreciation. The average sale was $806,095, well above the median, which means a handful of large sales pulled the top end up. Price per square foot actually slipped 3.2%.
Brookfield is also the one town where sellers are not getting asking. Sale to list is 99.9%, and 10 of 21 sales closed below list. Days on market doubled. If you are listing in Brookfield, price it at the number, not above it. Presentation is doing real work here too: see how to stage a Brookfield home for lake lifestyle buyers and Brookfield waterfront living around Candlewood Lake.
New Fairfield
Metric | Last 30 days | Prior 30 days |
|---|---|---|
Closed | 10 | 17 |
Median sale | $597,500 | $705,000 |
Median days on market | 23.5 | 9 |
Sale to list | 99.4% | 99.7% |
Price per sq ft | $370 | $399 |
Active listings | 34 | |
Months of supply | 3.4 |
Small sample warning: 10 sales is not enough to call a trend, so treat this as a signal, not a verdict.
That said, every arrow points the same direction. Closings dropped 41%. Median fell 15.2%. Days on market went from 9 to 23.5. Price per square foot dropped 7.3%. Sale to list is the lowest of the five towns at 99.4%, and only 1 of 10 sales cleared asking.
New Fairfield is still quick in absolute terms, second fastest of the five towns. But it took 9 days to sell a house here last month and 23.5 this month. That is the sharpest slowdown in the region. At 3.4 months of supply it also carries the second-most inventory relative to demand, and sellers here have the least pricing power of the five.
Sherman
Metric | Last 30 days | Prior 30 days |
|---|---|---|
Closed | 7 | 5 |
Median sale | $630,000 | $930,000 |
Median days on market | 22 | 35 |
Sale to list | 102.7% | 99.8% |
Price per sq ft | $365 | $415 |
Active listings | 27 | |
Months of supply | 3.9 |
Bigger small sample warning: 7 sales. Sherman is a small town and one or two big closings swing every number on this table. The 32% median drop is almost certainly mix, not a crash.
What is worth noting: Sherman tied Danbury for the strongest sale to list at 102.7%, and it got 13 days faster. It also carries the most inventory relative to demand at 3.9 months. Thin market, wide spread. Comps matter more here than anywhere else on this list.
What this means if you are selling
Your first two weeks are the whole ballgame. Forty of 137 sales closed in 14 days or less. The market rewards a correct price on day one and punishes a test price with a slow burn and a reduction.
Fewer homes are clearing over asking. 45% this month, 55% last month. If your pricing plan assumes a bidding war, rebuild the plan.
Where you are matters more than it did in June. Danbury and Sherman sellers are getting 102.7% of list. Brookfield and New Fairfield sellers are getting under 100%. Same region, opposite footing.
Inventory is still on your side. 2.3 months of supply is a seller's market by any definition. Six months is balanced. You have room, you just do not have room to be careless.
Find out what your house is actually worth before you price it.
What this means if you are buying
You have more time than buyers had 30 days ago. Median days on market went from 23 to 29. That is real breathing room to see a house twice and get an inspection scheduled.
Under-asking offers are landing again. 47 of 137 sales closed below list. That number was unthinkable in spring.
New Fairfield and Brookfield are where you have room to negotiate. Both are under 100% sale to list with rising days on market.
Danbury is still a fight. 35 of 61 sales went over asking. Bring your best terms.
New Milford is the value play. $293 per square foot against $370 in New Fairfield for a market 20 minutes away.
Frequently asked questions
What is the median home price in the Greater Danbury area right now?
$540,000 across New Milford, Brookfield, Sherman, Danbury and New Fairfield, based on 137 closings from June 17 to July 16, 2026, per SmartMLS. That is up 2.9% from $524,900 in the prior 30 days.
How long does it take to sell a house in the Danbury area?
The median home sold in 29 days, up from 23 days the prior month. Danbury runs slowest at 31 days. Sherman is fastest at 22, though on only 7 sales.
Is it a buyer's market or a seller's market in Greater Danbury?
Still a seller's market. The five towns carry 2.3 months of supply, and six months is considered balanced. But it is a softer seller's market than 30 days ago, with fewer homes clearing over asking.
Which town has the least inventory?
New Milford, at 1.8 months of supply and 67 active listings. Sherman has the most at 3.9 months.
Are homes still selling over asking price in Connecticut?
Some are. 62 of 137 sales, or 45%, closed above list price over the last 30 days. That is down from 55% the prior 30 days.
What is the cheapest of the five towns per square foot?
New Milford at $293 per square foot. New Fairfield is the most expensive at $370.
Want the number for your specific street?
A five-town median will not price your house. Your street, your condition, and what sold next door in the last 90 days will.
- I'm Selling: get a real valuation on your address, not a Zestimate.
- I'm Buying: see what actually fits your budget in these five towns.
- Rent My House Out: find out what it rents for before you decide to sell.
Method: All figures pulled from SmartMLS on July 16, 2026, covering single family, condominium and cooperative sales in New Milford, Brookfield, Sherman, Danbury and New Fairfield. Current window is closings from June 17 to July 16, 2026 (137 sales). Prior window is May 18 to June 16, 2026 (137 sales). Months of supply is active listings divided by the last 30 days of closings. Sale to list is the average of each sale's close price divided by its list price. Sherman (7 sales) and New Fairfield (10 sales) are small samples and should be read as directional only.
Hero image is AI-assisted imagery and does not depict a specific property.
Connor Kostyra · RE/MAX Rise · 203-297-8084. Connor CT Homes is the marketing brand of Connor Kostyra, a CT-licensed real estate salesperson, not a brokerage. RE/MAX Rise, 1297 Main St, Watertown, CT 06795. Licensed in CT. Equal Housing Opportunity.
Market data: SmartMLS. Deemed reliable, not guaranteed. Not a solicitation of property listed by other brokers.
