Dagny Eason, Fairfield County's Real Estate Blog: November 2011

Norwalk CT Market Report October 2011 Sales

Norwalk CT Market Report October 2011 Sales

The real estate market for October in Norwalk CT  has been fairly steady in its sales for the past four years, excepting one spike in sales in 2009.
 
October 2011 recap:

Total home sales for the month: 49
Average Days on the Market: 139
Low value of $100,000 for a Victorian.
High value of $940,000 for a farmhouse.
Average sold price of $358,846.
Median price of $341,000.
Average list price was $382,657.
Actual purchase price was an average of 6.3% off of the list price.

 

49 Norwalk homes have been sold in the past month:

          6 homes sold under $500,000 
                    
        43 homes sold for between $500,000-$1M
                            0 homes sold for under $1M - $1.5M
          0 homes sold for under $1.5M - $2M
          0 homes sold for under $2M and over

 

 Norwalk CT Market Report October 2011 Sales
My goal in sharing these Norwalk real estate market reports with you is to give a better understanding of the number of Norwalk homes for sale, price range of homes sold and real estate market trends month to month for the Norwalk neighborhoods in which you may be considering buying or selling.   If you are a Norwalk home seller, it gives you information on recent home sales. Determining current value of Norwalk real estate is key to pricing a home to sell in today's market.   My web site will give you very specific information as you search CT real estate for sale especially as a buyer. 

Norwalk continues to have a large supply of homes for sale and they are selling slowly.   

There were 74 homes in pending status in Norwalk on October 31st.   The home absorption rate for Norwalk homes for sale indicates we still have a buyers' market. 

Buyers continue to search for Norwalk homes and if you want a local realtor specialist to guide you in this market, please give me a call at 203-762-1700.

Here are some links for the surrounding towns:

Wilton CT Real Estate Market Report October 2011

Westport CT Real Estate Market Report October 2011

Norwalk CT Market Report October 2011 Sales

Fairfield CT 06424 Market Report October 2011 Sales

Weston CT 06883 Market Report October 2011 Sales

Ridgefield CT 06877 Market Report October 2011 Sales

 

The most recent ranking of the nation’s high schools published by U.S. News & World Report distinguished Connecticut with 11 gold medal schools, 24 silver medal schools, and 4 bronze medal schools. Of the top 10 best high schools listed, half were in the 26th district. Weston, Ridgefield, Wilton, Joel Barlow, Darien, New Canaan, and Staples High School were recognized.

 

This article has been written by Dagny Eason.

 

Feel free to call Dagny Eason to discuss this at (203) 762-1700

 

  Dagny Eason | Broker 

   Direct Line: 203-762-1700 

Website: www.DagnysRealEstate.com

Email: Dagny@DagnysRealEstate.com

 

I am hiring agents. We offer great splits, outstanding support, marketing resources, and banana bread. 

 

I am always mobile, but right now I am near Lower Fairfield County, CT

 

"He who knows he has enough is rich."

 


 

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Comment balloon 5 commentsDagny Eason • November 27 2011 11:16PM
Norwalk CT Market Report October 2011 Sales
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Norwalk CT Market Report October 2011 Sales Th e real estate market for October in Norwalk CT has been fairly steady in its sales for the past four years, excepting one spike in sales in 2009. October 2011 recap: Total home sales for the month:… more
Weston CT 06883 Market Report October 2011 Sales
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Weston CT 06883 Market Report October 2011 Sales 7 Weston homes have been sold in the past month: 3 homes sold under $500, 000 1 homes sold for between $500, 000-$1M … more
Ridgefield CT 06877 Market Report October 2011 Sales
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Ridgefield CT 06877 Market Report October 2011 Sales 9 Ridgefield homes have been sold in the past month: 6 homes sold under $500, 000 3 homes sold for between $500, 000-$1M … more
Westport CT Real Estate Market Report October 2011
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Westport CT Real Estate Market Report October 2011 25 Westport homes have been sold in the past month: 6 homes sold under $500, 000 6 homes sold for between $500, 000-$1M … more
Wilton CT Real Estate Market Report October 2011
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Wilton CT Real Estate Market Report October 2011 11 Wilton homes have been sold in the past month: 2 homes sold under $500, 000 5 homes sold for between $500, 000-$1M … more
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