Norwalk, Connecticut - January 1, 2007 to March 11, 2007 - Consolidated MLS
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There is signs of the real estate market springing back in Norwalk. Budget priced properties are getting alot of attention from first time home buyers. Properties that are already on the market or relisted from last year that have unrealistic price expectations will sit and potentially be passed-by because of the many new to the market listings . Due to the existing economy, there is not enough Buyers for all the homes for sale. Those Sellers who receive an offer should carefully consider it before allowing the Buyer to go someplace else.
There are painless solutions for Sellers to meet their goals.
Current Market
| Status | Class | Type | Area | No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM |
|---|---|---|---|---|---|---|---|---|
| Active Listings | 780 | $450,223,819 | $577,210 | $459,000 | 68 | |||
| Listings Under Contract | 116 | $68,264,000 | $588,483 | $439,450 | 90 | |||
| Listings Sold 2007 | 169 | $85,871,773 | $508,117 | $420,000 | ||||
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