Pumpkin Credit: Victoria Lea
The Fall real estate market in Norwalk has continued its impressive upswing, with 69 sales in the month of October, 8 more sales than in October 2012. The most active price range was $250,000 – $500,000 with 26 properties sold.
The dollar volume of sales for October 2013 ($29,296,035) is also higher than October of 2012 ($26,166,300).
Sold Properties
Price
Address
DOM*
Highest Sale Price
$2,400,000
42 Yarmouth Road
155
Lowest Sale Price – Condo
$80,500
4 Van Zant Street #A6
79
Lowest Sale Price – SF**
$199,000
8 Talmadge Place
36
Average and Median Sale Prices in October
DOM
Average Sale Price 2013
$437,254
Average % of Listing Price 95%
106
Average Sale Price 2012
$436,105
Average % of Listing Price 95%
121
Median Sale Price 2013
$352,500
Median % of Listing Price 92%
93
Median Sale Price 2012
$352,450
Median % of Listing Price 98%
95
* DOM = Days on Market
** SF = Single Family
The significant improvement in the 2013 Norwalk real estate market can be clearly seen in the two charts below, the first showing single family home sales over a nearly 3 year period and the second showing condominium sales.
Single Family Home Sales – Jan 2011 through October 2013
Condominium Sales – Jan 2011 through October 2013
Current Listing Statistics in Norwalk
As of November 5, 2013 there are 397 active listings in Norwalk with an average list price of $2,394,788 (Median list price is $1,895,000). These include 277 single family homes and 120 condominiums.
Listing Snapshot 11/05/2013
Price
Address
List Date
Highest List Price
$10,950,000
Tavern Island
09/29/2012
Median List Price
$438,995
30 Gregory Boulevard
05/08/2013
Lowest List Price – Condo
$85,000
52 Wolfpit Avenue #3D
02/01/2013
Lowest List Price – SF
$130,000
6 Ingalis Avenue
10/4/2013
*SF=Single Family
The most competitive price range in Norwalk is the $250,000 – $500,000 with 159 properties listed (including single family and condominiums). Here’s how the rest of the price ranges break down:
Price Range
# For Sale
Price Range
# For Sale
0 to $250,000
76
$1,500,001 to $2,000,000
15
$250,001 to $500,000
159
$2,000,001 to $2,500,00
8
$500,000 to $750,000
80
$2,500,001 to $3,000,000
4
$750,000 to $1,000,000
35
$3,000,001 +
11
$1,000,001 to $1,500,000
10
Statistics courtesy of the Greater Fairfield County Consolidated MLS System
Properties for Sale in Norwalk, CT
TAVERN ISLAND, NORWALK, CT 06853
$10,950,000
| Beds: 6 | 4
Full | 3 Partial Baths
Photos
Listing # 99006708
22 SHOREHAVEN ROAD, NORWALK, CT 06855
$5,500,000
| Beds: 4 | 5
Full | 2 Partial Baths
Photos
Listing # 99043981
31 BLUFF AVENUE, NORWALK, CT 06853
$4,650,000
| Beds: 5 | 3
Full | 1 Partial Baths
Photos
Listing # 99016703
12 NYLKED TERRACE, NORWALK, CT 06853
$4,585,000
| Beds: 4 | 4
Full | 1 Partial Baths
Photos
Listing # 99023850
8 HILLTOP ROAD, NORWALK, CT 06854
$4,495,000
| Beds: 8 | 6
Full | 3 Partial Baths
Photos
Listing # 99045737
44 YARMOUTH ROAD, NORWALK, CT 06853
$4,350,000
| Beds: 5 | 4
Full | 1 Partial Baths
Photos
Listing # 98531031
1 CAPTAINS WALK, NORWALK, CT 06853
$3,995,000
| Beds: 4 | 3
Full | 1 Partial Baths
Photos
Listing # 99016171
21 ROWAYTON AVENUE, NORWALK, CT 06853
$3,995,000
| Beds: 4 | 4
Full | 1 Partial Baths
Photos
Listing # 99022463
3 CANFIELD CROSSING, NORWALK, CT 06855
$3,850,000
| Beds: 6 | 7
Full | 2 Partial Baths
Photos
Virtual Tour
Listing # 99026853
8 POINT ROAD, NORWALK, CT 06854
$3,450,000
| Beds: 6 | 6
Full | 2 Partial Baths
Photos
Listing # 99021944
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The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Consolidated Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Realty Quest are marked with either the IDX Detail Logo or the IDX Thumbnail Logo (a little black house surrounding the letters IDX) and detailed information about them includes the name of the listing broker.
Information Deemed Reliable but Not Guaranteed.
Terms and Conditions of Use Agreement
GFC-CMLS (Fairfield) data last updated at November 6, 2013 4:31 PM ET
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