Over the past three years, the Norwalk single family real estate market has been improving in number of sales and in prices. From 2012 to 2013, there was a 7 percent increase in the median sale price ($435,000 vs. $405,000) and a 19% increase in the number of sales (627 vs. 508).
The number of Days on Market has decreased from 2012, which is good news for home sellers:
However, the number of homes available on the market has dwindled, which is frustrating to home buyers.
- See more at: http://www.fairfieldcountyshoreline.com/blog?post=Norwalk-Year-End-Market-Report-2013&xid=040600-02#sthash.7cQqGNXX.dpuf