Norwalk CT Weekly Real Estate Market Report 3/22/11

NORWALK CT HOMES:  The median list price in Norwalk  is $442,450.  As of this morning, there are 390 homes actively on the market for  116 days and are listed at an average of $820,196. 13 new listings came on the market this week, including 2 homes that came back on the market after being under deposit.  There were  13 properties that had a price change. 15 properties have gone under the initial deposit stage, which we call CTS, and 13 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 7 properties sold this past  week, and they had an average price of $598,329, and  were on the market an average of 137 days. There were 72 status changes in the last week.

NORWALK CT CONDOS: The  240 condominiums that are available have been  listed an average of 126 days, and have an average price of $320,088.  8 new listings came on the market this week, including 1 that cam back on the market. 9 Properties had a price change. In the last week,  6 properties went into CTS status,  and 2  properties went into pending status. No properties closed in the last week. There were 44 status changes for the week.

If you are looking for a rent in town, there are  9142 homes or apartments available, and they are listed at average price of $2,519  per month, and have been on the market approximately 57 days.

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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