Norwalk CT Housing and Real Estate Market Report Week of 5/11/15

EXTREME BUYER/SELLER ACTION ALERT ON SINGLE FAMILY HOMES CONTINUES,  AND THE CONDO MARKET IS  STILL HOT!: There are now 328 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 82 days and have  a *cumulative market time of 120 days. They are listed at an average price of $962,562  and the median list price in Norwalk is currently at  $629,450. The highest priced home for sale in the city is listed at $10,995,000 and the lowest priced home available is $145,000.

Forty-eight new listings came on the market this week, and eight homes came back on the market after being under deposit. There were 34 properties that had a price change. Twenty-three properties have gone under the initial deposit stage, which we call CTS, and 16 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $556,556.

TOWNWIDE DEPOSITS: There are 105 homes under the initial stage of deposit (which we call CTS), and another 70 properties that are scheduled to close, with an  average price of $602,750.

CLOSINGS:  Fifteen single family homes were reported as sold in the last seven days. These homes had an average list price of $687,956 and were on the market an average of 99 days. There were 144 status changes in the last week.

NORWALK CT CONDOS:  EXTREME BUYER/SELLER ACTION ALERT ON CONDOS- The 110 condominiums that are available in Norwalk are listed at an average price of $342,941 and have been on the market an average of 82 days, with a *cumulative market time of 115 days. The median price of a condo in Norwalk is now $283,200. The highest priced condominium for sale in the city is listed at $2,300,000 and the lowest priced condo/coop available is $74,900.

There were 13 new listings this week, and one home came back on the market after being under deposit. There were 11 properties that had a price change. In the last week,  eight properties went into CTS status, and eight properties went into pending status, having an average price of $433,488. 

TOWNWIDE DEPOSITS: There are 39 properties in CTS status, and 39 pended properties scheduled to close. Their average price is $3345,934.

CLOSINGS: There were  seven condominiums  reported as closed in the last week, and were listed on average at $418,271 and average market time was 76 days. There were 52 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 67 homes or apartments available. The median monthly price is $1,900 and the average price is $2,273 per month. These year round rental opportunities have been on the market an average of 37 days.

There are just three seasonal rentals available at this time, and the average price is $13,433, while the median price is $9,500. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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 Buying or Selling a Home in Norwalk?  Contact us!

If you have a question about buying or selling Real Estate in  Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

Norwalk CT Housing and Real Estate Market Report Week of 5/5/15

EXTREME BUYER/SELLER ACTION ALERT ON SINGLE FAMILY HOMES CONTINUES,  AND THE CONDO MARKET IS  STILL HOT!: There are now 306 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 83 days and have  a *cumulative market time of 125 days. They are listed at an average price of $968,034  and the median list price in Norwalk is currently at  $634,750. The highest priced home for sale in the city is listed at $10,995,000 and the lowest priced home available is $145,00.

Thirty-eight new listings came on the market this week, and seven homes came back on the market after being under deposit. There were 20 properties that had a price change. Thirty-seven properties have gone under the initial deposit stage, which we call CTS, and 14 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $602,952.

TOWNWIDE DEPOSITS: There are 101 homes under the initial stage of deposit (which we call CTS), and another 70 properties that are scheduled to close, with an  average price of $599,341.

CLOSINGS:  Twenty single family homes were reported as sold in the last seven days. These homes had an average list price of $595,305 and were on the market an average of 109 days. There were 147 status changes in the last week.

NORWALK CT CONDOS:  EXTREME BUYER/SELLER ACTION ALERT ON CONDOS- The 107 condominiums that are available in Norwalk are listed at an average price of $350,485 and have been on the market an average of 85 days, with a *cumulative market time of 134 days. The median price of a condo in Norwalk is now $286,500. The highest priced condominium for sale in the city is listed at $2,300,000 and the lowest priced condo/coop available is $74,900.

There were 13 new listings this week, and no homes came back on the market after being under deposit. There were eight properties that had a price change. In the last week,  11 properties went into CTS status, and four properties went into pending status, having an average price of $295,725. 

TOWNWIDE DEPOSITS: There are 40 properties in CTS status, and 37 pended properties scheduled to close. Their average price is $331,168.

CLOSINGS: There were 10 condominiums  reported as closed in the last week, and were listed on average at $279,950 and average market time was 107 days. There were 48 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 82 homes or apartments available. The median monthly price is $1,875 and the average price is $2,437 per month. These year round rental opportunities have been on the market an average of 31 days.

There are just two seasonal rentals available at this time, and teh averag eprice is $7,650. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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 Buying or Selling a Home in Norwalk?  Contact us!

If you have a question about buying or selling Real Estate in  Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

Norwalk CT Housing and Real Estate Market Report Week of 3/17/15

BUYER/SELLER ACTION ALERT ON SINGLE FAMILY HOMES CONTINUES,  AND THE CONDO MARKET IS  STILL HOT!: There are now 230 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 109 days and have  a *cumulative market time of 158 days. They are listed at an average price of $982,576  and the median list price in Norwalk is currently at  $617,000. The highest priced home for sale in the city is listed at $10,995,000 and the lowest priced home available is $122,500.

Thirty-seven new listings came on the market this week, and three homes came back on the market after being under deposit. There were 17 properties that had a price change. Twenty properties have gone under the initial deposit stage, which we call CTS, and six properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $530,483.

TOWNWIDE DEPOSITS: There are 65 homes under the initial stage of deposit (which we call CTS), and another 49 properties that are scheduled to close, with an  average price of $533,367.

CLOSINGS:  Eight single family homes were reported as sold in the last seven days. These homes had an average list price of $840,504 and were on the market an average of 113 days. There were 93 status changes in the last week.

NORWALK CT CONDOS:  EXTREME BUYER/SELLER ACTION ALERT ON CONDOS- The 94 condominiums that are available in Norwalk are listed at an average price of $350,554 and have been on the market an average of 107 days, with a *cumulative market time of 159 days. The median price of a condo in Norwalk is now $270,250. The highest priced condominium for sale in the city is listed at $2,300,000 and the lowest priced condo/coop available is $79,900.

There were 13 new listings this week, and one home came back on the market after being under deposit. There were four properties that had a price change. In the last week,  eight properties went into CTS status, and seven properties went into pending status, having an average price of $249,643. 

TOWNWIDE DEPOSITS: There are 27 properties in CTS status, and 44 pended properties scheduled to close. Their average price is $296,532.

CLOSINGS: There were four condominiums  reported as closed in the last week, and were listed on average at $307,850 and average market time was 67 days. There were 38 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 75 homes or apartments available. The median monthly price is $2,063 and the average price is $2,336 per month. These year round rental opportunities have been on the market an average of 55 days.

There is just one seasonal rental available at this time, and is listed at $7,000, with a  market  time of 229 days.  PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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 Buying or Selling a Home in Norwalk?  Contact us!

If you have a question about buying or selling Real Estate in  Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

Norwalk CT Real Estate and Market Report Week of 2/23/2015

BUYER/SELLER ACTION ALERT ON SINGLE FAMILY HOMES CONTINUES,  AND THE CONDO MARKET IS  STILL HOT!: There are now 206 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 130 days and have  a *cumulative market time of 184 days. They are listed at an average price of $1,061,299  and the median list price in Norwalk is currently at  $649,000. The highest priced home for sale in the city is listed at $10,995,000 and the lowest priced home available is $160,000.

Eighteen new listings came on the market this week, and two homes came back on the market after being under deposit. There were 13 properties that had a price change. Sixteen properties have gone under the initial deposit stage, which we call CTS, and 10 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $554,640.

TOWNWIDE DEPOSITS: There are 45 homes under the initial stage of deposit (which we call CTS), and another 52 properties that are scheduled to close, with an  average price of $582,947.

CLOSINGS:  Seven single family homes were reported as sold in the last seven days. These homes had an average list price of $633,357 and were on the market an average of 113 days. There were 76 status changes in the last week.

NORWALK CT CONDOS:  EXTREME BUYER/SELLER ACTION ALERT ON CONDOS- The 95 condominiums that are available in Norwalk are listed at an average price of $354,962 and have been on the market an average of 110 days, with a *cumulative market time of 161 days. The median price of a condo in Norwalk is now $269,900. The highest priced condominium for sale in the city is listed at $2,300,000 and the lowest priced condo/coop available is $96,900.

There were 11 new listings this week, and two homes came back on the market after being under deposit. There was one property that had a price change. In the last week,  eight properties went into CTS status, and nine properties went into pending status, having an average price of $299,225. 

TOWNWIDE DEPOSITS: There are 35 properties in CTS status, and 36 pended properties scheduled to close. Their average price is $258,125.

CLOSINGS: There were 11 condominiums  reported as closed in the last week, and were listed on average at $261,555 and average market time was 99 days. There were 46 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 85 homes or apartments available. The median monthly price is $2,100 and the average price is $2,386 per month. These year round rental opportunities have been on the market an average of 53 days.

There are three seasonal rentals available at this time, and are listed on average at $4,133. The median price is $2,900,  and  average market  time is 65 days.  PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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 Buying or Selling a Home in Norwalk?  Contact us!

If you have a question about buying or selling Real Estate in  Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

Norwalk CT Real Estate and Market Report Week of 2/5/2015

BUYER/SELLER ACTION ALERT ON SINGLE FAMILY HOMES,  AND THE CONDO MARKET IS  HOT!: There are now 221 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 122 days and have  a *cumulative market time of 180 days. They are listed at an average price of $1,003,461  and the median list price in Norwalk is currently at  $634,999. The highest priced home for sale in the city is listed at $10,995,000 and the lowest priced home available is $155,000.

Twenty-eight new listings came on the market this week, and two homes came back on the market after being under deposit. There were 13 properties that had a price change. Ten properties have gone under the initial deposit stage, which we call CTS, and four properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $618,250.

TOWNWIDE DEPOSITS: There are 43 homes under the initial stage of deposit (which we call CTS), and another 40 properties that are scheduled to close, with an  average price of $602,145.

CLOSINGS:  Seven single family homes were reported as sold in the last seven days. These homes had an average list price of $353,700 and were on the market an average of 88 days. There were 66 status changes in the last week.

NORWALK CT CONDOS:  EXTREME BUYER/SELLER ACTION ALERT ON CONDOS- The 88 condominiums that are available in Norwalk are listed at an average price of $365,367 and have been on the market an average of 131 days, with a *cumulative market time of 164 days. The median price of a condo in Norwalk is now $291,000. The highest priced condominium for sale in the city is listed at $2,300,000 and the lowest priced condo/coop available is $107,250.

There were 14 new listings this week, and one home came back on the market after being under deposit. There were seven properties that had a price change. In the last week,  eight properties went into CTS status, and four properties went into pending status, having an average price of $299,225. 

TOWNWIDE DEPOSITS: There are 33 properties in CTS status, and 34 pended properties scheduled to close. Their average price is $248,576.

CLOSINGS: There were six condominiums  reported as closed in the last week, and were listed on average at $262,617 and average market time was 88 days. There were 40 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 89 homes or apartments available. The median monthly price is $2,200 and the average price is $2,564 per month. These year round rental opportunities have been on the market an average of 61 days.

There are six seasonal rentals available at this time, and are listed on average at $4,500. The median price is $3,925,  and  average market  time is 61 days.  PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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 Buying or Selling a Home in Norwalk?  Contact us!

If you have a question about buying or selling Real Estate in  Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com