NORWALK CT HOMES: There are now 245 homes that are on the market in Norwalk. The currently available homes have been on the market an average of 158 days and have a *cumulative market time of 240 days. They are listed at an average price of $823,760 and the median list price in Norwalk is still at $499,000.

The highest priced home for sale in the city is listed at $12,900,000 and the lowest priced home available is $149,900.

Four new listings came on the market this week, and two homes came back on the market after being under deposit. There were four properties that had a price change. Seven properties have gone under the initial deposit stage, which we call CTS, and nine properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average price was $480,533.

TOWNWIDE DEPOSITS: There are 24 homes under the initial stage of deposit (which we call CTS), and another 84 properties that are scheduled to close, with an average price of $515,369.

CLOSINGS: Twelve single family homes were reported as sold in the last seven days. These homes had an average list price of $507,350 and were on the market an average of 74 days. There were 56 status changes in the last week.

NORWALK CT CONDOS: The 132 condominiums that are available in Norwalk are listed at an average price of $271,080 and have been on the market an average of 163 days, with a *cumulative market time of 339 days. The median price of a condo in Norwalk is $249,000. The highest priced condominium for sale in the city is listed at $1,200,000 and the lowest priced condo available is $25,000.

There was one new listing this week, and one home came back on the market after being under deposit. There were four properties that had a price change. In the last week, eight properties went into CTS status, and no properties went into pending status.

TOWNWIDE DEPOSITS: There are 19 properties in CTS status, and 26 pended properties scheduled to close. Their average price is $236,258.

CLOSINGS: There were four condominiums that were reported as closed in the last week, and they were listed on average at $267,375. Average market time was 92 days. There were 20 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 99 homes or apartments available. The median monthly price is $1,800 and the average price is $2,163 per month. These year round rental opportunities have been on the market an average of 51 days.

There are six seasonal rentals available at this time, and are listed on average at $5,942. The median price is $6,400, and average market time is 71 days. PLEASE NOTE: Seasonal rental prices are sometimes listed as the price for the entire term, and not as monthly rental figures.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

The Featured Home of the Week is at 125 Norton Road in Easton for $1.4M. See the virtual tour HERE

Buying or Selling a Home in Norwalk? Contact us!

If you have a question about buying or selling Real Estate in Norwalk, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

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