Norwalk Connecticut Real Estate Market Trends - April 2012

Real Estate Agent with William Raveis Real Estate RES.0772823


Market Trends

April 2012

Norwalk Real Estate Market Trends - April 2012

Norwalk remains in a Buyer’s Market with 14.7 months of inventory (the 12 month figure is used to calculate absorption).  The Norwalk market is showing slight signs of strengthening in terms of more homes sold (although the trend is negative compared to the 12 months figure), a slightly lower Months Supply on Market (again still higher than the 12 months figure), and an uptick in prices (almost in line with the 12 months figure).  Average Days on Market is increasing and the Average List to Sales Price is very low at 91%.

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