Norwalk CT Real Estate Market Update Week of February 7, 2012

NORWALK CT HOMES: There are 354 homes that are actively on the market. 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 131 days and are listed at an average price of $703,349. The median list price in Norwalk is at $404,950.

The highest priced home for sale in the city is listed at $4,500,000 and the lowest priced home available is $139,900.

Twnety-five new listings came on the market this week, and two homes came back on the market after being under deposit. There were 18 properties that had a price change. Twelve properties have gone under the initial deposit stage, which we call CTS, and nine properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $549.189.

TOWNWIDE PENDINGS: There are 46 properties scheduled to close, and their average price is $551,432.

CLOSINGS: Five single family homes were reported sold. These homes had an average price of $381,180 and were on the market an average of 140 days. There were 86 status changes in the last week.

NORWALK CT CONDOS: The 205 condominiums that are available in Norwalk are listed at an average price of $286,624 and have been on the market an average of 134 days. The median price of a condo in Norwalk is $218,500. 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 twelve new listings this week, and one home came back on the market after being under deposit. There were five properties that had a price change. In the last week, six properties went into CTS status, and three properties went into pending status.

TOWNWIDE PENDINGS: There are 27 properties scheduled to close, and their average price is $233,847.

CLOSINGS: There were five condominiums that were reported as closed in the last week, and their average list price was $238,760. They were on the market an average of 190 days. There were 50 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 $1,712 and the average price is $2,422 per month. These year round rental opportunities have been on the market an average of 63 days.

There is one seasonal rental available at this time, and it  is listed at $7,500.

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.

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 Sales January 2012

There were 23 single family home sales reported through the Greater Fairfield County Multiple Listing System in the city of Norwalk during the month of January, 2012.

The average sales price was $646,517 and the average market time was 151 days. Total closed Sales Volume for the month of January 2012 was $14,869,900

See chart below for details on January's Home sales in Norwalk.

Condo Sales in Norwalk for the month of January 2012

The average sales price for the nine Condominiums that sold in Norwalk was $228,433 and the average market time was 115 days. Total closed Sales Volume for the month of January 2012 was $2,055,900

If you 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 Weekly Update January 31, 2012

NORWALK CT HOMES: There has only been a net gain of one new property in inventory  since last week, and as of this morning, there are 341 homes that are actively on the market. 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 140 days and are listed at an average price of $701,103. The median list price in Norwalk is at $399,500.

The highest priced home for sale in the city is listed at $4,700,000 and the lowest priced home available is $134,900.

Eleven new listings came on the market this week, and two homes came back on the market after being under deposit. There were 13 properties that had a price change. Seventeen properties have gone under the initial deposit stage, which we call CTS, and eleven properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $615,900.

TOWNWIDE PENDINGS: There are 44 properties scheduled to close, and their average price is $521,113.

CLOSINGS: Twelve single family homes were reported sold. These homes had an average price of $449,883 and were on the market an average of 131 days. There were 123 status changes in the last week.

NORWALK CT CONDOS: The 208 condominiums that are available in Norwalk are listed at an average price of $292,385 and have been on the market an average of 136 days. The median price of a condo in Norwalk is $219,500. 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 seven new listings this week, and no homes came back on the market after being under deposit. There were four properties that had a price change. In the last week, six properties went into CTS status, and four properties went into pending status.

TOWNWIDE PENDINGS: There are 29 properties scheduled to close, and their average price is $246,934.

CLOSINGS: There were two condominiums that were reported as closed in the last week, and their average list price was $209,450. They were on the market an average of 162 days. There were 60 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 167 homes or apartments available. The median monthly price is $1,700 and the average price is $2,408 per month. These year round rental opportunities have been on the market an average of 61 days.

There is one seasonal rental available at this time, and it  is listed at $7,500.

Seven Year Annual Norwalk Real Estate Market Recap

2012 Norwalk Real Estate Forecast, Advice and 2011 Recap

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 Weekly Update January 24, 2012

NORWALK CT HOMES: Inventory is still somewhat low, and there are 340 homes that are actively on the market as of this morning, 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 138 days and are listed at an average price of $690,297. The median list price in Norwalk is at $408,500.

The highest priced home for sale in the city is listed at $4,700,000 and the lowest priced home available is $134,900.

Seventeen new listings came on the market this week, and two homes came back on the market after being under deposit. There were 12 properties that had a price change. Ten properties have gone under the initial deposit stage, which we call CTS, and seven properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $680,114.

TOWNWIDE PENDINGS: There are 44 properties scheduled to close, and their average price is $532,109.

CLOSINGS: Six single family homes were reported sold. These homes had an average price of $392,129 and were on the market an average of 80 days. There were 72 status changes in the last week.

NORWALK CT CONDOS: The 209 condominiums that are available in Norwalk are listed at an average price of $291,525 and have been on the market an average of 136 days. The median price of a condo in Norwalk is $219,500. 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 six new listings this week, and one home came back on the market after being under deposit. There were eight properties that had a price change. In the last week, six properties went into CTS status, and three properties went into pending status.

TOWNWIDE PENDINGS: There are 27 properties scheduled to close, and their average price is $240,711.

CLOSINGS: There were four condominiums that were reported as closed in the last week, and their average list price was $338,250. They were on the market an average of 163 days. There were 34 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 169 homes or apartments available. The median monthly price is $1,750 and the average price is $2,510 per month. These year round rental opportunities have been on the market an average of 64 days.

There is one seasonal rental available at this time, and is listed at $7,500.

Seven Year Annual Norwalk Real Estate Market Recap

2012 Norwalk Real Estate Forecast, Advice and 2011 Recap

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 Weekly Update January 17, 2012

NORWALK CT HOMES: Inventory is still somewhat low, and there are 330 homes that are actively on the market as of this morning, 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 140 days and are listed at an average price of $696,298. The median list price in Norwalk is at $404,950.

The highest priced home for sale in the city is listed at $4,700,000 and the lowest priced home available is $134,900.

Eleven new listings came on the market this week, and one home came back on the market after being under deposit. There were eight properties that had a price change. Four properties have gone under the initial deposit stage, which we call CTS, and nine properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $396,633.

TOWNWIDE PENDINGS: There are 47 properties scheduled to close, and their average price is $478,142.

CLOSINGS: Five single family homes were reported sold.  These homes had an average price of $446,580 and  were on the market an average of 196 days. There were 58 status changes in the last week.

NORWALK CT CONDOS:  The 204 condominiums that are available in Norwalk are listed at an average price of $294,292 and have been on the market an average of 134 days. The median price of a condo in Norwalk is $226,000. 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 three new listings this week, and one home came back on the market after being under deposit. There were seven properties that had a price change. In the last week, five properties went into CTS status,  and four properties went into pending status.

TOWNWIDE PENDINGS: There are 28 properties scheduled to close, and their average price is $224,582.

CLOSINGS:  There were three condominiums that were reported as closed in the last week, and their average list price was $315,967. They were on the market an average of 65 days.  There were 28 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 163 homes or apartments available. The median monthly price is $1,775 and the average price is $2,510 per month. These year round rental opportunities have been on the market an average of 63 days.

There are no seasonal rentals available at this time in Norwalk.

Seven Year Annual Norwalk Real Estate Market Recap

2012 Norwalk Real Estate Forecast, Advice and 2011 Recap

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 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