Norwalk CT Real Estate Market Statistics Report 5/10/11

NORWALK CT HOMES: The Norwalk real estate market is continuing to perform at a fairly steady pace, and right now, is one of the area's most predictable real estate markets.

The median list price in Norwalk  is $462,000.  As of this morning, there are 476 homes actively on the market for  97 days and are listed at an average of $805,153. 29 new listings came on the market this week, including four homes that came back on the market after being under deposit.  There were  17 properties that had a price change. This week, 17 properties have gone under the initial deposit stage, which we call CTS, and 16 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: A total of seven single family homes sold this past  week, and they had an average price of $544,957, and  were on the market an average of just 49 days. There were 102 status changes in the last week.

NORWALK CT CONDOS: The median price of a condo in Norwalk is $224,357. The 281 condominiums that are available have been  listed an average price of $306,810 and have been on the market an average of 113 days. There were 11 new listings, and no homes came back on the market. There were eight properties that had a price change. In the last week, 12 properties went into CTS status,  and seven  properties went into pending status. CLOSINGS:  There were three condominiums that closed in the last week at an average price of $318,000 and were on the market an average of 202 days. There were 53 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 111 homes or apartments available. The median monthly price is $1,525 and the average price is $2,233 per month. These year round rental opportunities have been on the market an average of 49 days.

There are only ten seasonal rentals  available throughout Norwalk, and they have been on the market an average of 52 days, and at an average price of $21,210. The median  price of both furnished and unfurnished seasonal rentals is $14,500.

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.

Tweet