Single Family - Norwalk Sales - Jun.13 - Aug.13 (2007 vs. 2006)
In the last two months, selling prices of Single Family homes in Norwalk, CT with sale prices between $450,000 and $600,000 have only come down less than 1% compared to selling prices of the same period one year ago.
That sub-segment also shows the lowest difference between Listing Price and Selling Price. In other words, it seems that Sellers are either reducing less their asking prices or that Listing prices were already adjusted.
It interesting to notice that the Average Days on the Market (DOM) for the sub-segment between $600K and $900K was only 75 days in 2007 while in 2006 it was 91. We can also notice that the lower the selling price range, the higher Avg. Days on the Market.
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