Norwalk CT Weekly Real Estate Market Report 4/12/11

NORWALK CT HOMES:  The median list price in Norwalk  is $449,500., and the local market is getting steadier by the week! As of this morning, there are 438 homes actively on the market for  104 days and are listed at an average of $821,473. 31 new listings came on the market this week, including 4 homes that came back on the market after being under deposit.  There were  19 properties that had a price change. 18 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. CLOSINGS: 9 properties sold this past  week, and they had an average price of $785,033, and  were on the market an average of 123 days. There were 101 status changes in the last week.

NORWALK CT CONDOS: The median price of a condo in Norwalk is $232,000. The 269 condominiums that are available have been  listed an average of 120 days, and have an average price of $314,581. 15 new listings came on the market this week, including 1 that cam back on the market. 16 Properties had a price change. In the last week,  8 properties went into CTS status,  and 7  properties went into pending status. CLOSINGS: 3 properties closed in the last week at an average price of $402,967and were on the market an average of 190 days. There were 54 status changes for the week.

If you are looking for a rent in town, there are  141 homes or apartments available, and they are listed at average price of $3,555  per month, and have been on the market approximately 48 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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