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Norwalk CT Real Estate End of the Year Review 2011

By
Real Estate Agent with Keller Williams Prestige Properties

Norwalk, Connecticut is a growing town that experienced an increase in single family homes sold in 2011! Great news...

In 2011, there were 442 single family homes sold in the town.  The average list price was $608,221 with a average sales price of $571,947.  Days on market was 118. The price range of homes the most affordable and desirable of the buying public were those priced below $600,000.  A great time for the first-time homebuyer to find their dream home.

If you were not able to make a home purchase in 2011, not to worry, there are currently 338 single family homes on the market. More than half of the inventory is priced below the 1/2 million dollar price tag. The least expensive home is a 4 bedroom/ 1 bathroom foreclosure located in South Norwalk also known as SONO. The property with the highest price tag is a 4 bedroom, 3 bathroom 3,719 square ft. waterfront home in a private gated community.  The home has breath-taking views of Long Island Sound, a guest house and private dock (personal showing available upon request).

 A bit about Norwalk:

There are approximately 83,247 residents of Norwalk with a median age of 40 and median household income of $71, 877.  Not a bad commute into New York City, it's just 41 miles away on the Interstate 95. There's a large construction plan for the area bordering the Norwalk Harbor and Historic South Norwalk called District 95/7.  What's been a large hole covering 12 acres for a couple of years, is planned to be one million square feet of mixed use for 400 residential units (both for sale and rent), office and retail space and possibly a major hotel. Click here for more information. However time will tell...stay tuned and check in regularly for the latest and greatest happenings in the Norwalk CT real estate market.

If you are looking for events and activities, please visit my Facebook Page 365 Things to Do In the Greenwich - Stamford  - Norwalk CT Area...

 

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About the Author:

Kimberly Tapscott is a service and results oriented real estate agent with her client’s goals as top priority.  Kimberly is recognized as a top producing agent in her office in Fairfield County and enjoys working with both buyers and those selling their homes.

For information about purchasing a home in Fairfield County, visit my website.This site is focused on homes available for sale in Fairfield County. Email, call or text to make an appointment begin your home search.

If you are considering selling your home in Stamford, Greenwich or one of the surrounding towns, visit my seller’s website to request a Free Market Analysis of your property.

The Kimberly Tapscott Real Estate Team – is waiting to give you the service you deserve. Contact us now to make your home dreams come true!!