Norwalk Real Estate Market Conditions & Reports, Norwalk Market Trends, Connecticut

Market Commentary Provided by Rosanne Nelson

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Rosanne Nelson
Touchstone Realty Group
Westport, Connecticut
203-451-6262
nelsonro1@optonline.net
Agent Home Page

Nearest Metro Area

New York City--Manhattan, NY

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

60-90 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$900,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

About the same

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Move-up Buyers

Buyer Activity for the past 90 days in Norwalk is

Seller Activity for the past 90 days in Norwalk is

Is Financing Available For Qualified Buyers in Norwalk?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

On the water, beautiful waterfront. Several downtowns here. It is surrounded by absolutely gorgeous towns of Westport, New Canaan, Wilton and Darien. Plenty of 4-star restaurants, many near water. Nice commute into NY.

Reason to Buy/Sell

Other

Average Sold Price

$900,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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