Norwalk CT Real Estate Market Weekly Update December 20, 2011

NORWALK CT HOMES: Inventory has decreased again in Norwalk with just 356 homes that are actively on the market as of this morning. These homes have been available an average of 145 days and are listed at an average price of $730,900. The median list price in Norwalk is at $409,450.

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $139,900.

Six new listings came on the market this week, and one home came back on the market after being under deposit.  There were ten properties that had a price change. Nine properties have gone under the initial deposit stage, which we call CTS, and twelve properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $389,808 and their  market time was 169 days on average.

TOWNWIDE PENDINGS: There are 54 properties scheduled to close, and their average price is $514,018.

CLOSINGS:  Eight single family homes were reported sold.  These homes had an average price of $569,250 and  were on the market an average of 112 days. There were 62 status changes in the last week.

NORWALK CT CONDOS:  The 232 condominiums that are available in Norwalk are listed at an average price of $293,754 and have been on the market an average of 134 days. The median price of a condo in Norwalk is $219,950. 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 four new listings this week, and no homes came back on the market after being under deposit. There were ten properties that had a price change. In the last week, four properties went into CTS status,  and nine properties went into pending status. Their average list price was $277,067.

TOWNWIDE PENDINGS: There are 28 properties scheduled to close, and their average price is $377,353.

CLOSINGS:  There were five condominiums that were reported as closed in the last week, and their average list price was $249,580. They were on the market an average of 238 days.  There were 38 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 181 homes or apartments available. The median monthly price is $1,700 and the average price is $2,470 per month. These year round rental opportunities have been on the market an average of 53 days.

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

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included.

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 December 13, 2011

NORWALK CT HOMES: Inventory has decreased again in Norwalk with just 374 homes that are actively on the market as of this morning. These homes have been available an average of 139 days and are listed at an average price of $715,814. The median list price in Norwalk is at $409,450. 

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $139,900. 

Seven new listings came on the market this week, and no homes  came back on the market after being under deposit.  There were thirteen properties that had a price change. Eight 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 $453,129 and their  market time was 107 days on average.

TOWNWIDE PENDINGS: There are 45 properties scheduled to close, and their average price is $557,607.

CLOSINGS:  Nine single family homes were reported sold.  These homes had an average price of $633,100 and  were on the market an average of 158 days. There were 61 status changes in the last week.

NORWALK CT CONDOS:  The 237 condominiums that are available in Norwalk are listed at an average price of $296,356 and have been on the market an average of 134 days. The median price of a condo in Norwalk is $293,750. 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 nine 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, three properties went into CTS status,  and two properties went into pending status.

TOWNWIDE PENDINGS: There are 23 properties scheduled to close, and their average price is $395,704.

CLOSINGS:  There were two condominiums that were reported as closed in the last week, and their average list price was $379,000. They were on the market an average of 50 days.  There were 40 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 173 homes or apartments available. The median monthly price is $1,762 and the average price is $2,538 per month. These year round rental opportunities have been on the market an average of 53 days.

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

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included.

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 December 6, 2011

NORWALK CT HOMES: Norwalk continues its seasonal inventory slide and as of this morning, there are just 380 homes that are actively on the market. These homes have been available an average of 138 days and are listed at an average price of $703,352. The median list price in Norwalk is at $409,900.  

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $139,900.  

Fifteen new listings came on the market this week, and two homes  came back on the market after being under deposit.  There were thirteen properties that had a price change. Five properties have gone under the initial deposit stage, which we call CTS, and eight properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $518,238 and their  market time was 168 days on average.

TOWNWIDE PENDINGS: There are 45 properties scheduled to close, and their average price is $563,118.

CLOSINGS:  Ten single family homes were reported sold.  These homes had an average price of $501,270 and  were on the market an average of 122 days. There were 85 status changes in the last week.

NORWALK CT CONDOS:  The 239 condominiums that are available in Norwalk are listed at an average price of $301,435 and have been on the market an average of 133 days. The median price of a condo in Norwalk is $229,000. 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 eight new listings this week, and one home came back on the market after being under deposit. There were 11 properties that had a price change. In the last week, three properties went into CTS status,  and three properties went into pending status.

TOWNWIDE PENDINGS: There are 22 properties scheduled to close, and their average price is $397,827.

CLOSINGS:  There were seven condominiums  that were reported as closed in the last week, and their average list price was $231,825. They were on the market an average of 136 days.  There were 56 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 168 homes or apartments available. The median monthly price is $1,762 and the average price is $2,628 per month. These year round rental opportunities have been on the market an average of 50 days.
There are no seasonal rentals available at this time in Norwalk.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included.

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

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Norwalk CT Real Estate Weekly Update November 29, 2011

NORWALK CT HOMES: Norwalk continues its seasonal inventory slide and as of this morning, there are just 391 homes that are actively on the market. These homes have been available an average of 140 days and are listed at an average price of $705,918. The median list price in Norwalk is at $412,500.  

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $139,900.  

Three bedroom homes comprise just over 46 percent of the available inventory and are listed on average at $541,641. Thirty-five and one half percent of all single family homes for sale have four bedrooms, and their average list price is $815,482.

Four new listings came on the market this week, and no  homes  came back on the market after being under deposit.  There were five properties that had a price change. Again, this was yet another solid week for deposits, and 11 properties have gone under the initial deposit stage, which we call CTS. 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 $483,714 and their  market time was 138 days on average.

TOWNWIDE PENDINGS: There are 49 properties scheduled to close, and their average price is $546,271.

CLOSINGS:  Two single family homes were reported sold.  These homes had an average price of $434,450 and  were on the market an average of 100 days. There were 49 status changes in the last week.

NORWALK CT CONDOS:  The 251 condominiums that are available in Norwalk are listed at an average price of $300,260 and have been on the market an average of 143 days, and  the median price of a condo in Norwalk is $234,000. The highest priced condominium for sale in the city is listed at $2,600,000 and the lowest priced condo available is $39,500.

One bedroom condos comprise just over 29 percent of the available inventory and are listed on average at $183,983. Fifty-three percent of all condominiums for sale have two bedrooms, and their average list price is $297,695.

There were two new listings this week, and one home came back on the market after being under deposit. There were 11 properties that had a price change. In the last week, three properties went into CTS status,  and five properties went into pending status.

TOWNWIDE PENDINGS: There are 27 properties scheduled to close, and their average price is $370,562.

CLOSINGS:  There was one condominium that was reported as closed in the last week, and it was listed at $385,000 and  on the market for 265 days.  There were 36 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 $1,725 and the average price is $2,597 per month. These year round rental opportunities have been on the market an average of 52 days.

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

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included.

f 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 Update Week of November 22, 2011

NORWALK CT HOMES: Norwalk continues its seasonal inventory slide and as of this morning, there are just 402 homes that are actively on the market. These homes have been available an average of 133 days and are listed at an average price of $716,268. The median list price in Norwalk is at $422,500.  

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $139,900.  

Six new listings came on the market this week, and two homes  came back on the market after being under deposit.  There were 19 properties that had a price change. Again, this was yet another solid week for deposits, and 19 properties have gone under the initial deposit stage, which we call CTS. Twelve properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $472,408 and their  market time was 114 days on average.

TOWNWIDE PENDINGS: There are 48 properties scheduled to close, and their average price is $537,046. Their average market time was 147 days.

CLOSINGS:  Eleven single family homes were reported sold.  These homes had an average price of $379,518 and  were on the market an average of 126 days. There were 92 status changes in the last week.

NORWALK CT CONDOS:  The 258 condominiums that are available in Norwalk are listed at an average price of $302,978 and have been on the market an average of 141 days, and  the median price of a condo in Norwalk is $230,000. 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 two new listings this week, and no homes came back on the market after being under deposit. There were ten properties that had a price change. In the last week, eight properties went into CTS status,  and six properties went into pending status.

TOWNWIDE PENDINGS: There are 26 properties scheduled to close, and their average price is $381,937. Their average market time was 188 days.

CLOSINGS:  There was one condominium that was reported as closed in the last week, and it was listed at $199,000 and  on the market for 184 days.  There were 39 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 165 homes or apartments available. The median monthly price is $1,700 and the average price is $2,601 per month. These year round rental opportunities have been on the market an average of 49 days.

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

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included.

f 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