Norwalk CT April 2011 Monthly Real Estate Sales Report

There were thirty-eight single family home sales in Norwalk during the month of April  that were reported to the MLS.  The average List price was $634,691 and the average sale price was $603,79, and market time for these listings to sell was 107 days. On average, the sale price to list price ratio for sold listings was 95.1%, and these sales figures include  four sales of home with 2 bedrooms or less, seventeen sales of 3 bedroom homes, fifteen sales of 4 bedroom homes,  and two sales of homes with 5 or more bedrooms.

During this same period in 2010, there were 45 sales, and during this period in 2009, there were 33 sales. So, while  not as brisk as 2010 sales,  the market still outperformed 2009 during this period.

Seventeen condominiums were sold in Norwalk that were reported to the MLS.  The average List price was $312,393 and the average sale price was $296,141,  market time for these listings to sell was 123 days, and these figures include thirteen  units with 2 bedrooms or less, and four units with 3 bedrooms On average, the sale price to list price ratio for sold listings was 94%. NOTE: all information was obtained through the GFC-CMLS, which does not include private sales.

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Norwalk CT Real Estate Weekly Market report 4/26/11

NORWALK CT HOMES:  The median list price in Norwalk  is $454,800, and the local market is getting steadier by the week! As of this morning, there are 447 homes actively on the market for  103 days and are listed at an average of $802,592. 15 new listings came on the market this week, including 1 home that came back on the market after being under deposit.  There were  13 properties that had a price change. 16 properties have gone under the initial deposit stage, which we call CTS, and 14 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 8 properties sold this past  week, and they had an average price of $626,300, and  were on the market an average of 99 days. There were 80 status changes in the last week.

NORWALK CT CONDOS: The median price of a condo in Norwalk is $227,000. The 268 condominiums that are available have been  listed an average price of $312,472 and have been on the market an average of 123 days. There were 7 new listings, and 1 home came back on the market. 9 Properties had a price change. In the last week,  4 properties went into CTS status,  and 6  properties went into pending status. CLOSINGS: 5 properties closed in the last week at an average price of $251,500 and were on the market an average of 127 days. There were 40 status changes for the week.

If you are looking for a rent in town, there are  134 homes or apartments available, and they are listed at average price of $3,483 per month, and have been on the market approximately 52 days.

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.

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Norwalk CT Real Estate Weekly Market report 4/19/11

NORWALK CT HOMES:  The median list price in Norwalk  is $450,000, and the local market is getting steadier by the week! As of this morning, there are 445 homes actively on the market for  102 days and are listed at an average of $806,660. 19 new listings came on the market this week, and 3 homes that came back on the market after being under deposit.  There were  14 properties that had a price change. 17 properties have gone under the initial deposit stage, which we call CTS, and 12 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 13 properties sold this past  week, and they had an average price of $503,362, and  were on the market an average of 132 days. There were 89 status changes in the last week.

NORWALK CT CONDOS: The median price of a condo in Norwalk is $227,750. The 269 condominiums that are available have been  listed an average price of $310,934 and have been on the market an average of 122 days. There were 9 new listings, and 2 homes came back on the market. 10 Properties had a price change. In the last week,  6 properties went into CTS status,  and 8  properties went into pending status. CLOSINGS: 5 properties closed in the last week at an average price of $339,778 and were on the market an average of 123 days. There were 49 status changes for the week.

If you are looking for a rent in town, there are  140 homes or apartments available, and they are listed at average price of $3,471 per month, and have been on the market approximately 47 days.

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.

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Norwalk CT Weekly Real Estate Market Report 4/12/11

NORWALK CT HOMES:  The median list price in Norwalk  is $449,500., and the local market is getting steadier by the week! As of this morning, there are 438 homes actively on the market for  104 days and are listed at an average of $821,473. 31 new listings came on the market this week, including 4 homes that came back on the market after being under deposit.  There were  19 properties that had a price change. 18 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. CLOSINGS: 9 properties sold this past  week, and they had an average price of $785,033, and  were on the market an average of 123 days. There were 101 status changes in the last week.

NORWALK CT CONDOS: The median price of a condo in Norwalk is $232,000. The 269 condominiums that are available have been  listed an average of 120 days, and have an average price of $314,581. 15 new listings came on the market this week, including 1 that cam back on the market. 16 Properties had a price change. In the last week,  8 properties went into CTS status,  and 7  properties went into pending status. CLOSINGS: 3 properties closed in the last week at an average price of $402,967and were on the market an average of 190 days. There were 54 status changes for the week.

If you are looking for a rent in town, there are  141 homes or apartments available, and they are listed at average price of $3,555  per month, and have been on the market approximately 48 days.

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.

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Norwalk CT Real Estate Sales "RealTrender" Report

The Norwalk RealTrender Report" is a  market snapshot of  real estate sales by price and bedrooms in the city over the last 45 days. We also have included townwide condominium sales as well for your review. There were  44 single family home sales reported as sold in Norwalk in this Realtrender period, and they are broken down by bedrooms in the graph. There  were  24 condominium sales citywide.

The idea of the 45 day report came from the Federal Reserve Banks, who submit an economic climate report every 45 days, and its commonly referred to as The Beige Book. I've thought that if that particular time period was important enough to be recognized by banks, that I should recognize that as a real estate agent as well. So here are the quick details. The 2nd report of 2011 is displayed here, and the first report is available to you by clicking the link below. Feel free to contact me for an interpretation of this report as it pertains to your home in Norwalk, and your situation. And, yes, I'd love to talk to you when you are ready  to buy a home, or sell your  home!

Click here for 1st period RealTrender Report.