Weekly Norwalk CT Real Estate Market Report 3/15/11

NORWALK CT HOMES: The median list price in Norwalk is $434,499.  The market is moving! Finally! There are currently 382 homes on the market for an average of $801,733 that have been on the market 117 days. There were 25 new listings and 2 homes came back on the market after being under deposit.   14 Properties had a price change. In the last week,  14 properties have gone under deposit, which is what we call CTS. This means that the property just took a binder, but all the contingencies have not yet been met. 11 properties went into Pending status, which generally means that the all conditions have been satisfied, and the property is just waiting to close. The 5 properties that closed in the last week had an average price of $706,380 and were on the market an average of 126  days. There were 91 status changes this week as well.

NORWALK CT CONDOS: There are currently 234 condominiums on the market listed at an average price  of $317,993 and they have been on the market  an average of 127 days. There were 8 new listings and no properties came back on the market. 2 Properties had a price change. In the last week,  5 properties went into CTS status,  and 7 properties went into pending status. The 2 properties  that closed in the last week had an average price of $177,250 and were on the market  an average of 137 days.There were 42 status changes.

There are currently 160 rental opportunities in Norwalk at an average monthly price of $2407, and they have been on the market an average of 58 days.

Comments

[Homes In Lake Elsinore]

I would like to thank you effort that you have been shard in this post. Great work done !