Norwalk CT Real Estate Weekly Market report 4/19/11

NORWALK CT HOMES:  The median list price in Norwalk  is $450,000, and the local market is getting steadier by the week! As of this morning, there are 445 homes actively on the market for  102 days and are listed at an average of $806,660. 19 new listings came on the market this week, and 3 homes that came back on the market after being under deposit.  There were  14 properties that had a price change. 17 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: 13 properties sold this past  week, and they had an average price of $503,362, and  were on the market an average of 132 days. There were 89 status changes in the last week.

NORWALK CT CONDOS: The median price of a condo in Norwalk is $227,750. The 269 condominiums that are available have been  listed an average price of $310,934 and have been on the market an average of 122 days. There were 9 new listings, and 2 homes came back on the market. 10 Properties had a price change. In the last week,  6 properties went into CTS status,  and 8  properties went into pending status. CLOSINGS: 5 properties closed in the last week at an average price of $339,778 and were on the market an average of 123 days. There were 49 status changes for the week.

If you are looking for a rent in town, there are  140 homes or apartments available, and they are listed at average price of $3,471 per month, and have been on the market approximately 47 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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