norwalk inventory: Norwalk Current Inventory - Snapshot - January 28, 2008
- 01/28/08 02:14 PM
This is the snapshot of today's real estate market in Norwalk, CT. There are no properties under contract today, and compared to the snaphot taken back in December 15th, 2007, we can see a slight reduction in the number of active Single Family homes for sale listed in the MLS from 335 to 303 or about a 10% reduction. In terms of median listing price, it went from $579,900 to $599,000, an increase of over 3%. In other words, we can see a relative reduction in inventory and an increase in Median Listing Price that are taking about 10% more time on the market (144 DOM).
… (1 comments)
norwalk inventory: NORWALK - Current Market - Dec. 15 Snapshot
- 12/15/07 02:32 PM
This is the Norwalk's Current Market Snapshot as of December 15, 2007. While on November 2 we had 371 Single Family ACTIVE units with a Median Listing Price of $585,000 and an Average DOM of 103 days, today we have 335 SF units with a MLP of $579,900 and Avg. DOM of 114 days. This represents a reduction of less than 1% in terms of MLP. The Median Listing Price for NEW LISTINGS of Single Family homes today is 18.08% lower than those listed on Nov. 02. Single Family homes in Norwalk today UNDER CONTRACT have a Median Listing Price of 15.34% lower than … (0 comments)
norwalk inventory: NORWALK, CT - November Sales Report
- 12/02/07 10:28 AM
Single Family homes in Norwalk were sold in November 2007 for a median selling price of 2.70% more than in November 2006 and 2.93% more than November 2005.On the other hand, Condos have seen their median Selling Price decreased by 3.71% between November 2007 and one year before, and by 5.25% between November 2007 and November 2005. Those Two-Family homes sold in November 2007 had a median Selling Price of $420,000; a 23.64% less than one year ago. In the chart below, you can see how the number of units sold in November 2007 decreased compared to one and two years ago. Nestor N. Romero www.HomesByNestor.com1800-314-0461
… (0 comments)
norwalk inventory: NORWALK, CT - Condominiums - Snapshot - November 23, 2007
- 11/23/07 05:08 PM
As you can see, while comparing the snapshot taken on November 2nd and today, median listing price for ACTIVE condominiums in Norwalk has been reduced from $369,500 to $349.950. This is probably the reason why the percentage of condominiums with accepted offers went from 6.99% to 9.54%. The Average Median Price came down from $353,210 to $336,317 an aprox. 5% reduction. We can also notice that the percentage of units under contract (Sale Pending) decreased but the percentage of properties as "Continue to Show" increased. … (0 comments)
This is a comparison between what the market looked like on November 2nd and what it looks today for the market of Single Family Properties in Norwalk. There are small changes overall, however we see how the percentage of Active Listings raised from 75.87% to 84.13%, and those in the status Reduced Price came from 5.73% on November 2nd to 1.36% today. Overalll, there are almost 10% less listings this week than 3 weeks ago. Nestor N. Romerowww.HomesByNestor.com
… (0 comments)
norwalk inventory: How much did it cost five years ago, one year ago and last October??
- 11/10/07 01:58 PM
In October 2002, buyers paid in average $554,325 or a median price of $450,000 for a Single Family Home with at least 1,500 Sq.Ft. and at least 3 bedrooms in Norwalk, CT. Similar properties (in terms of Sq.Ft. and minimum number of bedrooms) have been sold for continuously higher price tags (median prices) year after year. In October 2007, a house with similar characteristics was sold for a Median Price increase of 38% over those prices paid in October, 2002, but you would say, well it was the booble... however, the increase in Median Price from 2006 to 2007 was 29.86%; a great valuation even in … (2 comments)
norwalk inventory: NORWALK, CT - Monthly Sales Report - October 2007
- 11/06/07 02:43 PM
www.HomesByNestor.com brings to you periodic real estate market reports. I also cover local real estate market reports in Danbury and Stamford.As we can see in this chart, about 50% of the properties sold in October 2006 under $500,000 had a median selling price of $315,000, while units sold in October 2007 showed a median selling price of $325,000 and represented 57.5% of the 40 properties sold under $500,000. Single Family homes sold over $500,000 and under $750,000 were sold for a higher median price in October 2007, however there were more units sold in October 2006 (104 vs. 62) in total. www.HomesByNestor.com
… (0 comments)
norwalk inventory: NORWALK, CT - Weekly Snapshot - Multi-Family Units - Nov. 2, 2007
- 11/03/07 04:43 PM
This is the weekly snapshot for the Multi-Family properties market in Norwalk, CT. This table shows not much activity during the last week. The average medial listing price was $552.221, with a total of 84 units between ACTIVE and under contract (SALE PENDING). I will present a new snapshot next Saturday and will compare it with the numbers presented here. … (0 comments)
norwalk inventory: NORWALK, CT - Weekly Market Snaphot - Single Family - Nov. 2, 2007
- 11/03/07 03:41 PM
Between Active Listings and Sales Pending of SingleFamily properties in Norwalk, CT, as of November 2nd, there were 489 properties. 75.87% (371) appear to be Active, 37 are under contract and 5.73% showed a price reduction. There are 20 new listingss and 29 already accepted offers (Continue-to-Show). The Average Median Listing Price was $587,603 and will be used as a parameter to compare week by week how this local market id doing. (I apologize for last week's snaphot. It was only until later that I realized I had only counted a sub-segment of the market, so I won't use it to draw any conclusions.) … (0 comments)
norwalk inventory: NORWALK, CT - Weekly Snapshot - Condominiums - Nov. 2, 2007
- 11/02/07 04:21 PM
Last week's snapshot for the Norwalk's Condominiums market showed 290 units between Active (all the status displayed in the attached table) and Sale Pending, with an Avg. Median Price of $354,203.45. This shows no significant changes overall. As you can see, the number of days on market, in average also show no major changes. … (0 comments)
norwalk inventory: NORWALK, CT - Sales Report October 2007 vs. October 2006
- 10/31/07 07:47 PM
Median Selling Prices in Norwalk showed an increase for Condos and Single Family units, from $507,250 to $527,500, and from $315,000 to $339,000 respectively. That is great news compared to the results shown in September 2007. In terms of total units sold, there was a deep decrease from 104 in October 2006 to 59 in October 2007. … (0 comments)
norwalk inventory: Entry Level Condos in Norwalk, CT sold for more!
- 09/03/07 08:40 PM
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 … (0 comments)
norwalk inventory: Norwalk Inventory as of Aug.19
- 08/19/07 04:30 PM
I am including our current inventory for Norwalk. You will see how active properties are distributed among different price ranges, as well as the average number of days in the market. I will repeat the same analyis in a couple of weeks to follow up on how this inventory is changing. This will be complemented with a new table showing sales at the end of the month.
This is the snapshot of today's real estate market in Norwalk, CT.
;)
;)
