NORWALK
Market Trends
December 2012
Norwalk is now a Balanced Market favoring neither Sellers nor Buyers, but markets rarely stay balanced, they are always in transition towards a Seller’s Market or a Buyer’s Market. The three month trend line looks like we may be going back to a Buyer’s Market after signals early in the year suggested we were on our way to a Seller’s Market. The market has pulled back a bit in terms of sales, sale prices, and Days on Market, but some of that is seasonal. The ratio of List to Sales Price is still good at 95%.
Norwalk Inventory
Norwalk Sales
Hottest Homes in Norwalk
What homes are most in demand by buyers in Norwalk? The sweet spot in the market is for 3 bedroom homes with a list price of $400,000-425,000. They tend to be on the market only 119 days and sell for 96% of list price.
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