Norwalk is still in a Buyer’s Market but the indicators over the past six months were pointing towards a more balanced market. The market has pulled back a bit in terms of sales, sale prices, and Day on Market, but some of that is seasonal. The ratio of List to Sales Price is still very good at 96%.
NORWALK'S HOTTEST HOMES
What homes are most in demand by buyer in Norwalk? The sweet spot in the market is for 3 bedroom homes with a list price of $375,000-400,000. They tend to be on the market only 109 days and sell for 96% of list price.