Lower Home Prices & Mortgage Rates = Opportunity in Darien, Ct. May 2012.

Lower Home Prices, Lower Mortgage Rates = Opportunity in Darien, Ct. May 2012.

May 10^th, 2012.

With rental rates rising nationwide owning a home seems more affordable now with mortgage rates yet again hitting a record low along with the declining home prices.

In Darien, Connecticut the median sold price year to day compared to last year is down 23.5% at $1,140,000.

Another indication of a strong buyers market is that new listings are up 26.51% year to date compared to last year in Darien, Ct.

Currently on the Darien MLS there are 177 single family homes for sale ranging in price from $399,000 through to $8,950,000 and one listing at $26,000,000 with a 8500 square foot home on 5.25 acre waterfront property.

If you would like to sign up for the WPSIR real estate e-mail newsletter please send request to e-mail dpopoff@wpsir.com and mention if you like the:

        - Town monthly newsletter & statistics ~ specify towns.

        - And/or the Fairfield County quarterly update.

To view WPSIR Market Trend newsletters of other towns go to http://www.williampitt.com/eng and visit “LOCAL MARKET TRENDS” section. 

Darien, a residential community of approximately 20,000 residents, spans 14.9 square miles along Long Island Sound. Darien is only 38 miles from New York City, making for an efficient commute by car or Metro North Commuter Railway of 55 minutes to Grand Central Station, Manhattan.

Median Price: is half are below, half are above

Average Price: are all sold prices are added together into a sum; the sum is then divided by the number of houses that sold.

*Listing and sales information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision. Data Source: DARMLS

David Popoff is a Connecticut license real estate agent in lower Fairfield County. He has lived and worked in the area for over 30 years and now reside in Darien since 2004.

• Member of the Multiple Listing Service, MLS.
• Darien
•  Greenwich
•  Greater Fairfield County
• Member of the Connecticut Association of Realtors, CAR.
• Member of the National Association of Realtors, NAR.
• Green Affiliations.
• Realtor GREEN designation by the National Association of Realtors.
• David Popoff is an accredited LEED Accredited Professional (LEED AP) Homes and USGBC member of the Connecticut chapter (CTGBC).  
• Associate member and an accredited Certified Green Professional (CGP) of National Association of Home Builders (NAHB) and the local chapter HBRA-Fairfield County, Ct. .
• Contact David Popoff for all your real estate needs in Darien, Greenwich, New Canaan, Rowayton and the rest of lower Fairfield County.