Norwalk CT Real Estate Market Statistics Week of April 3, 2012

NORWALK CT HOMES:  Continued signs of life are evident  in the Norwalk market- there are now 417 homes that are actively on the market, and more homes have been coming on the market, and more homes have been selling.  The currently available homes have been on the market an average of 108 days and are listed at an average price of $694,616, and the median list price in Norwalk is $417,500.

The highest priced home for sale in the city is listed at $4,650,000 and the lowest priced home available is $105,000.

Nineteen new listings came on the market this week, and five homes came back on the market after being under deposit. There were thirteen properties that had a price change. Twenty-three properties have gone under the initial deposit stage, which we call CTS, and  ten properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $643,140.

TOWNWIDE PENDINGS: There are 64 properties scheduled to close, and their average price is $638,521.

CLOSINGS: Fifteen single family homes were reported sold. These homes had an average list price of $647,693 and were on the market an average of 104 days. There were 98 status changes in the last week.

NORWALK CT CONDOS: The 214 condominiums that are available in Norwalk are listed at an average price of $287,822 and have been on the market an average of 133 days. The median price of a condo in Norwalk is $217,400. The highest priced condominium for sale in the city is listed at $2,500,000 and the lowest priced condo available is $35,500.

There were twelve new listings this week, and no homes came back on the market after being under deposit. There were nine properties that had a price change. In the last week, seven properties went into CTS status, and three properties went into pending status. Their average list price was $377,633.

TOWNWIDE PENDINGS: There are 24 properties scheduled to close, and their average price is $232,562.

CLOSINGS: There were four condominiums that were reported as closed in the last week, and their average list price was $296,425. They were on the market an average of 149 days. There were 47 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 153 homes or apartments available. The median monthly price is $1,550 and the average price is $2,060 per month. These year round rental opportunities have been on the market an average of 48 days.

There are three seasonal rentals available at this time, and the average list price is $18,250. The median price is $10,250. Average market time is 36 days. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures

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 need a REALTOR, or have a question about buying or selling Real Estate in Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Norwalk CT Single Family Home and Condo Sale Details March 2012

There were thirty-four single family home sales reported through the Greater Fairfield County Multiple Listing System in the city of Norwalk during the month of March, 2012.

The average sales price was $537,398 and the average market time was 169 days.

Total closed Sales Volume for the month of February March 2012 was $18,271,550

There were thirteen condominium home sales reported through the Greater Fairfield County Multiple Listing System in the city of Norwalk during the month of March, 2012.

The average sales price was $283,923 and the average market time was 138 days.
Total closed Sales Volume for the month of March 2012 was $3,691,000

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 need a REALTOR, or have a question about buying or selling Real Estate in Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Norwalk CT Real Estate Market Update Week of March 27, 2012

NORWALK CT HOMES:  More signs of life in the Norwalk market- there are now 406 homes that are actively on the market, and  you can begin to expect that more homes will be coming on the market in the weeks ahead. These available homes have been on the market an average of 110 days and are listed at an average price of $691,835. The median list price in Norwalk is $419,000.

The highest priced home for sale in the city is listed at $4,650,000 and the lowest priced home available is $105,000.

Twenty new listings came on the market this week, and one home came back on the market after being under deposit. There were eleven properties that had a price change. Twenty-two properties have gone under the initial deposit stage, which we call CTS, and  thirteen properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $632,177.

TOWNWIDE PENDINGS: There are 68 properties scheduled to close, and their average price is $593,663.

CLOSINGS: Six single family homes were reported sold. These homes had an average list price of $350,183 and were on the market an average of 159 days. There were 87 status changes in the last week.

NORWALK CT CONDOS: The 212 condominiums that are available in Norwalk are listed at an average price of $289,922 and have been on the market an average of 137 days. The median price of a condo in Norwalk is $217,400. The highest priced condominium for sale in the city is listed at $2,500,000 and the lowest priced condo available is $35,500.

There were twelve new listings this week, and no homes came back on the market after being under deposit. There were eight properties that had a price change. In the last week, five properties went into CTS status, and eleven properties went into pending status. Their average list price was $237,673.

TOWNWIDE PENDINGS: There are 25 properties scheduled to close, and their average price is $225,372.

CLOSINGS: There were five condominiums that were reported as closed in the last week, and their average list price was $325,760. They were on the market an average of 81 days. There were 51 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 161 homes or apartments available. The median monthly price is $1,575 and the average price is $2,108 per month. These year round rental opportunities have been on the market an average of 48 days.

There are two seasonal rentals available at this time, and the average list price is $21,250. The median price is $21,250. Average market time is 45 days. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures

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 need a REALTOR, or have a question about buying or selling Real Estate in Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Norwalk CT Real Estate Market Update Week of March 20, 2012

NORWALK CT HOMES:  Finally, some signs of activity and improvement. There are 396 homes that are actively on the market, and  you can begin to expect that more homes will be coming on the market in the weeks ahead. These available homes have been on the market an average of 113 days and are listed at an average price of $685,452. The median list price in Norwalk is $415,000.

The highest priced home for sale in the city is listed at $4,650,000 and the lowest priced home available is $105,000.

Nineteen new listings came on the market this week, and three homes came back on the market after being under deposit. There were seventeen properties that had a price change. Nineteen properties have gone under the initial deposit stage, which we call CTS, and  fourteen properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $751,713.

TOWNWIDE PENDINGS: There are 66 properties scheduled to close, and their average price is $585,210.

CLOSINGS: Four single family homes were reported sold. These homes had an average list price of $1,010,475 and were on the market an average of 326 days. There were 91 status changes in the last week.

NORWALK CT CONDOS: The 212 condominiums that are available in Norwalk are listed at an average price of $274,987 and have been on the market an average of 138 days. The median price of a condo in Norwalk is $209,450. The highest priced condominium for sale in the city is listed at $1,275,000 and the lowest priced condo available is $39,500.

There were eight new listings this week, and two homes came back on the market after being under deposit. There were seven properties that had a price change. In the last week, seven properties went into CTS status, and four properties went into pending status. Their average list price was $274,350.

TOWNWIDE PENDINGS: There are 19 properties scheduled to close, and their average price is $225,726.

CLOSINGS: There were three condominiums that were reported as closed in the last week, and their average list price was $236,633. They were on the market an average of 67 days. There were 39 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 166 homes or apartments available. The median monthly price is $1,610 and the average price is $2,080 per month. These year round rental opportunities have been on the market an average of 48 days.

There are two seasonal rentals available at this time, and the average list price is $21,250. The median price is $21,250. Average market time is 38 days. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures

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 need a REALTOR, or have a question about buying or selling Real Estate in Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Norwalk CT Real Estate Market Update Week of March 13, 2012

NORWALK CT HOMES: There are 390 homes that are actively on the market, and  you can begin to expect that more homes will be coming on the market in the weeks ahead. These available homes have been on the market an average of 114 days and are listed at an average price of $690,776. The median list price in Norwalk is $414,750.

The highest priced home for sale in the city is listed at $4,650,000 and the lowest priced home available is $105,000.

Thirty-two new listings came on the market this week, and three homes came back on the market after being under deposit. There were fifteen properties that had a price change. Eighteen properties have gone under the initial deposit stage, which we call CTS, and  fourteen properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $534,257.

TOWNWIDE PENDINGS: There are 59 properties scheduled to close, and their average price is $580,069.

CLOSINGS: Seven single family homes were reported sold. These homes had an average list price of $515,971 and were on the market an average of 236 days. There were 100 status changes in the last week.

NORWALK CT CONDOS: The 210 condominiums that are available in Norwalk are listed at an average price of $288,214 and have been on the market an average of 139 days. The median price of a condo in Norwalk is $211,450. The highest priced condominium for sale in the city is listed at $2,600,000 and the lowest priced condo available is $39,500.

There were five new listings this week, and two homes came back on the market after being under deposit. There were seven properties that had a price change. In the last week, seven properties went into CTS status, and seven properties also went into pending status. Their average list price was $222,257.

TOWNWIDE PENDINGS: There are 21 properties scheduled to close, and their average price is $213,966.

CLOSINGS: There were three condominiums that were reported as closed in the last week, and their average list price was $236,633. They were on the market an average of 67 days. There were 39 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 158 homes or apartments available. The median monthly price is $1,675 and the average price is $2,228 per month. These year round rental opportunities have been on the market an average of 52 days.

There are two seasonal rentals available at this time, and the average list price is $21,250. The median price is $21,250. Average market time is 31 days. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures

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 need a REALTOR, or have a question about buying or selling Real Estate in Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy