Norwalk CT Weekly Real Estate Market Report 3/29/11

NORWALK CT HOMES:  The median list price in Norwalk  is $451,450., and the local market is getting steadier by the week! As of this morning, there are 400 homes actively on the market for  113 days and are listed at an average of $827,077. 16 new listings came on the market this week, including 1 home that came back on the market after being under deposit.  There were  16 properties that had a price change. 15 properties have gone under the initial deposit stage, which we call CTS, and 12 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 9 properties sold this past  week, and they had an average price of $584,533, and  were on the market an average of 123 days. There were 81 status changes in the last week.

NORWALK CT CONDOS: The  254 condominiums that are available have been  listed an average of 122 days, and have an average price of $314,102. 12 new listings came on the market this week, including 1 that cam back on the market. 10 Properties had a price change. In the last week,  8 properties went into CTS status,  and 4  properties went into pending status. CLOSINGS: 5 properties closed in the last week at an average price of $313,480 and were on the market an average of 110 days. There were 50 status changes for the week.

If you are looking for a rent in town, there are  139 homes or apartments available, and they are listed at average price of $2,591  per month, and have been on the market approximately 61 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. If you like our Norwalk Real Estate Market reports, please share them. We're on facebook, too.