norwalk ct market trends: Norwalk Real Estate Market Trends - May 2012
- 06/13/12 08:18 AM
NORWALK
Market Trends Report
May 2012
The Norwalk, Connecticut real estate market is improving. All of the 3 month market trend indicators are heading in a more balanced market direction. Most importantly for both the 3 month and 6 month trends the number of sales and sale prices are increasing.
It is still a Buyers Market in Norwalk with 12.9 months of inventory.
Thinking of buying or selling in Norwalk, Connecticut, call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
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norwalk ct market trends: Norwalk Connecticut Real Estate Market Trends - April 2012
- 05/30/12 12:08 PM
NORWALK
Market Trends
April 2012
Norwalk remains in a Buyer’s Market with 14.7 months of inventory (the 12 month figure is used to calculate absorption). The Norwalk market is showing slight signs of strengthening in terms of more homes sold (although the trend is negative compared to the 12 months figure), a slightly lower Months Supply on Market (again still higher than the 12 months figure), and an uptick in prices (almost in line with the 12 months figure). Average Days on Market is increasing and the Average List to Sales Price is very low at 91%.
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norwalk ct market trends: Norwalk CT - Market Trends Report - January 2012
- 02/18/12 03:38 AM
NORWALK
Market Trends Report
January 2012
The Norwalk, Connecticut real estate market is still slowing down. The slowdown earlier in the year can be attributed in part to the power outages that accompanied Tropical Storm Irene and the freak October snowstorm. However, the 3 and 6 month comparison shows that both the number of sale and prices prices are still decining.
The amount of inventory that the market can absorb continues to decline. We use the 12 month absorption rate instead of the 3 or 6 month rate to determine inventory absorption, which means that it would take about 10-11 months … (0 comments)
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