Norwalk Real Estate - Nestor's Blog

Is it OK to have an Active Rain Member calling "crap" my message because it is in Spanish?I don't know what is wrong with him, but why would he even care to read my blog anyways?Please let me know if ActiveRain allows these type of behaviors.This is the piece of professional and classy behavior I...

I am including here the report for sales reported thru the CT-MLS as occurring between Jul 23 and Aug 23. It will be interesting to see how these two neighbor towns, Norwalk and Stamford behave in 2 and 4 weeks.As you can see, in Stamford, the highest number of units sold comes from Condos sold i...

 This is the Sales Report showing the closings reported through the CT-MLS. These are sales in Norwalk between July 23 and August 23.As you can see 25 condos were sold for under $350,000, and 19 Single Family units were sold in the price range ($450,000 - $600,000). Check also the Sales Report fo...

I am including our current inventory for STAMFORD. You will see how active properties are distributed among different price ranges, as well as the average number of days in the market.I will repeat the same analyis in a couple of weeks to follow up on how this inventory is changing. This will be ...

I am including our current inventory for Norwalk. You will see how active properties are distributed among different price ranges, as well as the average number of days in the market.I will repeat the same analyis in a couple of weeks to follow up on how this inventory is changing. This will be c...

For homes with Selling Prices between $750,000 and $1,000.000 the average price was $866,782 in 2007 and $848,857 in 2006, or a 2.11% higher.The highest difference between the Last Listing Price (properties are showing more price adjustments today than one year ago) and the Final Selling Price wa...

Single Family - Norwalk Sales - Jun.13 - Aug.13 (2007 vs. 2006) In the last two months, selling prices of Single Family homes in Norwalk, CT with sale prices between $450,000 and $600,000 have only come down less than 1% compared to selling prices of the same period one year ago. That sub-segment...

To understand the attached graphic, i will comment on some of these numbers:While in Danbury Condos in the price range of $400K to $600K were the only ones whose prices were increased, in Stamford we can see that it was the condominiums in a lower price range  ($300K - $400K) the ones who luckily...

Before commenting on how the market is doing, I suggest watching your specific market.I chose Danbury and the period of Jun.01.07 - Jul.31.07 and compared the market to the same period one year ago.What you can see is that you can't generalize. Market behavior depends on the type of dwelling (Sin...

These three towns, as in most of the country, are showing a reduced number of SOLD properties compared to one year ago. As we all know, the Real Estate market is cyclical as it is the economy, politics, the seasons...., and in this particular scenario, it is about LOCATION. As you well know, it's...