Real Estate Market Statistics* for Norwalk CT Week Ending 1-4-2014
*This data is obtained from the Greater Fairfield County Consolidated Multiple Listing Service
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200 Gillies Lane - Spectacular Condo for Sale in Norwalk CT
And now for your market report......
Single Family Homes in Norwalk CT
For Sale/ Available Norwalk CT Single family homes – 206 properties
Contingent/Pending/Under Contract - 102
Inventory in Norwalk CT - 3.3 months of supply (This number represents the amount of time it would take for each of the available single family homes to sell at the rate single family homes in Norwalk were sold in the previous month)
Short Sale – 17 properties (These are properties where the owner is attempting to sell without equity in the property. Short sale properties are often listed for less than the mortgage lender is owed and the property value. As such short sale transactions need the final approval of sale from the lending bank or mortgage holder. While a buyer may be able to get a “deal” with short sales in Norwalk, there often can be deferred maintenance on the property and a long waiting period while the bank reviews the home owner’s financial situation and “approves” the short sale.)
Properties that are bank owned foreclosures - 24 properties
Condos/Townhomes available for sale in Norwalk CT
For Sale/ Available Condominium homes – 106 properties
Contingent/Pending/Under Contract - 49
Available Norwalk CT condo Inventory - 2.9 months of supply
Short Sale/Distressed – 6 properties
Properties that are bank owned foreclosures - 10 properties
To find out more about the Norwalk CT Real Estate Market and Norwalk CT Home Values, call the Kimberly Tapscott Real Estate Team at 203-504-5336 or you may search for Norwalk CT Homes by clicking here.
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Listing 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.
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