As you can see in the table below, Condos in Norwalk, CT sold between $200,000 and $400,000 in August 2007 showed Selling Prices over 11% higher than those seen in Aug. 2006.

Only one condo was sold in the price range of $600,000 and $800,000 in Norwalk, CT, and even though it was sold over the Listing Price (a 2.62% more!), it represents a 3.32% higher price than the average price paid for condos in this price range in August 2006. (One event can't be used to draw significant statistical conclusions).

Condos sold in the price range of $400K and $600K were sold for 4.9% less than those prices paid in Aug. 2006 in Norwalk.