TheCTrealtyBlog.com

Wednesday

Feb122014

Norwalk CT Housing and Real Estate Market Report Week of 2/12/14

Wednesday, February 12, 2014 at 7:18PM

BUYER/SELLER ACTION ALERT is still in effect! Deposit ratios are the highest they have been in years ! Inventory is not growing fast enough- There are just 201 homes that are on the market in Norwalk. and that is ony a net increase of just TWO homes over last week.

The currently available homes have been on the market an average of 121 days and have a *cumulative market time of 174 days. They are listed at an average price of $846,767 and the median list price in Norwalk is holding fairly steady at $524,900.

The highest priced home for sale in the city is listed at $10,950,000 and the lowest priced home available is $125,000.

Nieteen new listings came on the market this week, and one home came back on the market after being under deposit. There were nine properties that had a price change. Fifteen properties have gone under the initial deposit stage, which we call CTS, and 10 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $998,190.

TOWNWIDE DEPOSITS: There are 49 homes under the initial stage of deposit (which we call CTS), and another 61 properties that are scheduled to close, with an average price of $534,093.

CLOSINGS: Ten single family homes were reported as sold in the last seven days. These homes had an average list price of $768,170 and were on the market an average of 95 days. There were 71 status changes in the last week.

NORWALK CT CONDOS: The 113 condominiums that are available in Norwalk are listed at an average price of $299,490 and have been on the market an average of 102 days, with a *cumulative market time of 160 days. The median price of a condo in Norwalk remans at $230,000. The highest priced condominium for sale in the city is listed at $1,850,000 and the lowest priced condo available is $19,000.

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

TOWNWIDE DEPOSITS: There are 25 properties in CTS status, and 28 pended properties scheduled to close. Their average price is $263,624.

CLOSINGS: There were six condominiums reported as closed in the last week, and were listed on average at $317,833, and average market time was 93 days. There were 40 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 99 homes or apartments available. The median monthly price is $1,900 and the average price is $2,007 per month. These year round rental opportunities have been on the market an average of 49 days.

There are four seasonal rentals available at this time, and are listed on average at $17,425. The median price is $13,900, and average market time is 104 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.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport for just $549,900. See the virtual tour HERE

.....or better yet, call Judy to schedule an appointment to see it!

Buying or Selling a Home in Norwalk? Contact us!

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com www.TheCTrealtyBlog.com www.TheCTRB.com and www.CTfeaturedHomes.com

Email us or call Toll Free (855) GET-JUDY

Judy |

Sunday

Feb092014

Norwalk CT Housing and Real Estate Market Report Week of 2/3/14

Sunday, February 9, 2014 at 8:51AM

BUYER/SELLER ACTION ALERT is still in effect! Deposit ratios continue to be among the highest in the region! There's been quite a drop in inventory over last few weeks- there are just 199 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 121 days and have a *cumulative market time of 179 days. They are listed at an average price of $855,885 and the median list price in Norwalk is now $524,000.

The highest priced home for sale in the city is listed at $10,950,000 and the lowest priced home available is $125,000.

Twenty-one new listings came on the market this week, and four homes came back on the market after being under deposit. There were six properties that had a price change. Nineteen properties have gone under the initial deposit stage, which we call CTS, and 11 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $565,655.

TOWNWIDE DEPOSITS: There are 49 homes under the initial stage of deposit (which we call CTS), and another 59 properties that are scheduled to close, with an average price of $498,178.

CLOSINGS: Nine single family homes were reported as sold in the last seven days. These homes had an average list price of $420,422 and were on the market an average of just 71 days. There were 79 status changes in the last week.

NORWALK CT CONDOS: The 112 condominiums that are available in Norwalk are listed at an average price of $295,932 and have been on the market an average of 105 days, with a *cumulative market time of 161 days. The median price of a condo in Norwalk remans at $229,000. The highest priced condominium for sale in the city is listed at $1,850,000 and the lowest priced condo available is $19,000.

There were 14 new listings this week, and four homes came back on the market after being under deposit. There were six properties that had a price change. In the last week, 10 properties went into CTS status, and five properties went into pending status.

TOWNWIDE DEPOSITS: There are 22 properties in CTS status, and 32 pended properties scheduled to close. Their average price is $260,171.

CLOSINGS: There were four condominiums reported as closed in the last week, and were listed on average at $338,250, and average market time was 58 days. There were 46 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 86 homes or apartments available. The median monthly price is $1,900 and the average price is $2,036 per month. These year round rental opportunities have been on the market an average of 50 days.

There are four seasonal rentals available at this time, and are listed on average at $17,425. The median price is $13,900, and average market time is 97 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.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport for just $549,900. See the virtual tour HERE

.....or better yet, call Judy to schedule an appointment to see it!

Buying or Selling a Home in Norwalk? Contact us!

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com www.TheCTrealtyBlog.com www.TheCTRB.com and www.CTfeaturedHomes.com

Email us or call Toll Free (855) GET-JUDY

Judy |

Thursday

Jan302014

Norwalk CT Housing and Real Estate Market Report Week of 1/29/14

Thursday, January 30, 2014 at 5:54PM

BUYER/SELLER ACTION ALERT is still in effect! Deposit ratios continue to be among the highest in the region! There's been quite a drop in inventory over last week- there are just 201 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 127 days and have a *cumulative market time of 184 days. They are listed at an average price of $851,743 and the median list price in Norwalk has increased to $527,300.

The highest priced home for sale in the city is listed at $10,950,000 and the lowest priced home available is $152,000.

Thirteen new listings came on the market this week, and four homes came back on the market after being under deposit. There were 15 properties that had a price change. Thirteen 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 $322,488.

TOWNWIDE DEPOSITS: There are 46 homes under the initial stage of deposit (which we call CTS), and another 56 properties that are scheduled to close, with an average price of $470,557.

CLOSINGS: Six single family homes were reported as sold in the last seven days. These homes had an average list price of $404,500 and were on the market an average of 155 days. There were 64 status changes in the last week.

NORWALK CT CONDOS: The 110 condominiums that are available in Norwalk are listed at an average price of $294,095 and have been on the market an average of 112 days, with a *cumulative market time of 170 days. The median price of a condo in Norwalk is $229,000. The highest priced condominium for sale in the city is listed at $1,850,000 and the lowest priced condo available is $19,000.

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

TOWNWIDE DEPOSITS: There are 16 properties in CTS status, and 32 pended properties scheduled to close. Their average price is $269,708.

CLOSINGS: There was one condominium reported as closed in the last week, and was listed on average at $169,000, and market time was 60 days. There were 34 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 82 homes or apartments available. The median monthly price is $1,825 and the average price is $2,025 per month. These year round rental opportunities have been on the market an average of 52 days.

There are three seasonal rentals available at this time, and are listed on average at $20,633. The median price is $20,000, and average market time is 82 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.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport for just $549,900. See the virtual tour HERE

.....or better yet, call Judy to schedule an appointment to see it!

Buying or Selling a Home in Norwalk? Contact us!

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com www.TheCTrealtyBlog.com www.TheCTRB.com and www.CTfeaturedHomes.com

Email us or call Toll Free (855) GET-JUDY

Judy |

** Get JUDY'S Exclusive BONUS For New HomeBuyers! CLICK HERE**

Tuesday

Jan212014

Norwalk CT Housing and Real Estate Market Report Week of 1/21/14

Tuesday, January 21, 2014 at 7:16PM

BUYER/SELLER ACTION ALERT! Deposit ratios are the highest in the region right here in Norwalk! There's been quite a drop in inventory over last week- there are just 200 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 126 days and have a *cumulative market time of 181 days. They are listed at an average price of $840,241 and the median list price in Norwalk is at $514,500.

The highest priced home for sale in the city is listed at $10,950,000 and the lowest priced home available is $152,000.

Eleven new listings came on the market this week, and seven homes came back on the market after being under deposit. There were 13 properties that had a price change. Fourteen properties have gone under the initial deposit stage, which we call CTS, and five properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $419,400.

TOWNWIDE DEPOSITS: There are 48 homes under the initial stage of deposit (which we call CTS), and another 52 properties that are scheduled to close, with an average price of $479,813.

CLOSINGS: Eight single family homes were reported as sold in the last seven days. These homes had an average list price of $598,363 and were on the market an average of 116 days. There were 66 status changes in the last week.

NORWALK CT CONDOS: The 106 condominiums that are available in Norwalk are listed at an average price of $292,714 and have been on the market an average of 118 days, with a *cumulative market time of 172 days. The median price of a condo in Norwalk is $225,400. The highest priced condominium for sale in the city is listed at $1,850,000 and the lowest priced condo available is $19,000.

There were 12 new listings this week, and one home came back on the market after being under deposit. There were nine properties that had a price change. In the last week, three properties went into CTS status, and seven properties went into pending status.

TOWNWIDE DEPOSITS: There are 15 properties in CTS status, and 30 pended properties scheduled to close. Their average price is $267,059.

CLOSINGS: There were three condominiums that were reported as closed in the last week, and they were listed on average at $199,933. Average market time was 82 days. There were 44 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 90 homes or apartments available. The median monthly price is $1,800 and the average price is $2,019 per month. These year round rental opportunities have been on the market an average of 53 days.

There are two seasonal rentals available at this time, and are listed on average at $13,450. The median price is $1,450, and average market time is 171 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.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport for just $549,900. See the virtual tour HERE

.....or better yet, call Judy to schedule an appointment to see it!

Buying or Selling a Home in Norwalk? Contact us!

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com www.TheCTrealtyBlog.com www.TheCTRB.com and www.CTfeaturedHomes.com

Email us or call Toll Free (855) GET-JUDY

Judy |