Norwalk, CT Real Estate News

By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
Norwalk is still in a Buyer’s Market but the indicators over the past three months are pointing towards a balanced market.  The ratio of List to Sales Price is very good at 96% and the amount of inventory has declined.  However, prices have declined over the past three months, so signals of a recovery are mixed. 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 $425,000-450,000.  They tend to be on the market only 101 days and sell for 96% of list price.   
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
    Norwalk is still in a Buyer’s Market but the indicators over the past three months are pointing towards a balanced market. Norwalk had a great Spring market with increasing sale prices, higher Average List to Sales Price ratio, and fewer Days on Market. The ratio of List to Sales Price has risen to 96%, which is very good. In retrospect it looks like the market recovery has been underway in Norwalk since Q4 2011.
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
3rd Annual LIVE GREEN CONNECTICUT, Sept 15th-16th, 2012. Come to this FREE two day event at Taylor Farm Park in Norwalk, Connecticut on Saturday and Sunday September 15th & 16th 2012. Live Green Connecticut is all about green-living, sustainable lifestyle with a focus on having fun with an education twist. Come out to find out what is new in living green in Connecticut is all about. At Live Green Connecticut you can meet your local green experts: LEED AP’s from the U.S. Green Building Council Certified Green Professionals from the National Association of Home Builders Green Realtor’s from the National Association of Realtor’s Local Green builders, contractors, landscapers Local green retailers, business owners, environment organizations and more….. The two day festival brings together a...
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By Kimberly Tapscott, Giving you the service you deserve!
(Keller Williams Prestige Properties)
Norwalk CT Market Report - Real Estate in 06850 August in Norwalk CT marks the end of the Summer, the Spring market and the beginning of the Fall housing market rush.  It's time to take a look at what happened last month and what are the opportunities for the months to come.... In the month of July, there were a total of 61 single family homes that sold.  The majority of them were priced below $700,000, which is a great entry point for New England.  The least expensive home that sold wa a foreclosure in South Norwalk having 3 bedrooms and 1.5 baths. This property sold for $110,490. One the other end of the pricing spectrum was a Rowayton 4 bedroom, 3.5 bathroom home on the water in the Pine Point Association which sold for $2,695,000! Currently there are 435 single family homes availabl...
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By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
  “Renting is Not for Everyone in Norwalk, CT”   While on vacation this week, I got an email from a Realtor partner of mine. Jim told me that he has a listing that was looked at, through another Realtor, but the client indicated that he wasn’t ready to make an offer, as he wasn’t committed to owning a home.I told Jim, why did he look at the home, if he wasn’t ready to buy? The entire thing just didn’t add up. Jim told me that he had permission from the other Realtor for me to speak to the prospective home buyer. I asked if I had permission from the client to call him, he said yes. I called Aaron, who was a little uncomfortable to carry on a conversation, but we both persevered. It turns out that he lost a home 3 years ago. 4 years ago he lost his job while living in Michigan and found n...
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By Kimberly Tapscott, Giving you the service you deserve!
(Keller Williams Prestige Properties)
Thank you for stopping by and inquiring about my list of foreclosures in the town of Norwalk CT.  Many times I meet investors or property buyers who are willing to do a little work and looking for a good deal. In other words they are looking for a bank-owned foreclosed property, specifically in Norwalk. So I decided to create and share a list for your review.  It's easy to find them by visiting my Foreclosures in Norwalk page. Please take a moment and look through the properties.  If you see any that you would like to view, please contact me for an appointment and I'd be happy to show them to you.  Or if there's another home on the market that you've driven by and are curious about  whether it's a foreclosure, short sale or traditional sale, I'm standing by to assist in Norwalk, CT.  
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
  NORWALK Market Trends Report June 2012   Norwalk, Connecticut had a good Spring real estate market.  All of the 3 and 6 month market trend indicators are heading in a more balanced market direction. Most importantly for both the 3 month and 6 month trends the number of sales and sale prices are increasing (with the exception of the 3 month Average List Price).  Prices are higher than a year ago.  This is good news. However, Norwalk is still a Buyer's Market with 12.8 months of inventory.  We use the 12 month figure for absorption analysis.  The indicators are moving in the right direction and we hope to see a more balanced market soon. Thinking of buying or selling in Norwalk, Connecticut, call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Dale Baker, http://activerain.com/blogs/bakerhome is a Certified Home Inspector and his New Hampshire based company does Home inspections, Energy Audits and Commercial Properties Inspections.   The following are links to each of the ten of his blog posts of this series of Frequently Asked Questions on Energy Efficiency. There will be more such blog posts and series coming your way. Through this blog and my other blogs, folks are able to find helpful info and series of blog posts on a wide range of subject matters.     1. Home Energy Efficient Mortgage Understanding 2. Energy Upgrading How do I go about finding the right Contractor 3. Energy Efficient Home Office Equipment and Lighting 4. Home Energy Efficient Questions about Windows 5. Energy Efficient is My Home in need of an Energy Au...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
 Norwalk CT Homes For Sale MORTGAGE DEBT RELIEF ACT- EXPIRES AT THE END OF THE YEAR     TAKE ADVANTAGE NOW!! TIME IS RUNNING OUT! We all know that our economy has been in distress.  Are you facing stress or hardships?     Feel lost and don’t know what you’re going to do? If you lost your job, or simply cannot afford to make your monthly mortgage payments, there may be relief.       148 Homes for sale in Norwalk, CT were foreclosed since June of 2007. 28 of those homes for sale were foreclosed on in the last year. Do not become a statistic, save yourself the grief of large amounts of debt. You can be protected.       THE MORTGAGE RELIEF ACT       If you have a home for sale and are not aware of the benefits you may be eligible, I do recommend you educate yourself, and educate yourself im...
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By Women of Westchester Working Together, Women helping Women get ahead
(Women of Westchester Working Together)
If you are planning a painting project for your home in Norwalk CT, it's important to understand the value of proper preparation.   You've probably heard that the final look and durability of a paint job is largely dependant on the amount and quality of the preparation.  A layer of paint is only about the thickness of a human hair; so it won't hide defects or fix a faulty substrate.   Although it can be very time consuming, good preparation is worth every effort as it will improve the quality and longevity of the finished surface.   There are various levels of preparation as well.  If you are using a professional Norwalk painter for your interior painting project, it is important to have a mutual understanding of your expectations of the finished surface to determine how "perfect" the e...
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By Women of Westchester Working Together, Women helping Women get ahead
(Women of Westchester Working Together)
Exterior Staining in Norwalk CT It really is hard to beat Mother Nature and the materials she creates. Home designers and architects know that when they seek to unite character, charm and drama for the exterior appearance of a home, the obvious solution is wood. Properly finished, woods by Mother Nature win hands down in creating spectacular appearance and eye-popping appeal. Homeowners, however, need to appreciate that wood, more easily affected by sun, rain and time than other building materials, does need regular upkeep to maintain its built-in beauty. Keeping the gray away Over time, exterior wood surfaces do age and lose some of their attractiveness. The beauty of the grain that was originally enhanced with a semi-transparent stain, for example, loses luster, fades and begins to ‘g...
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By Kimberly Tapscott, Giving you the service you deserve!
(Keller Williams Prestige Properties)
It's a Happy 4th of July for Norwalk CT in real estate!  Homes are selling and inventory is high allowing homebuyers to have their pick of which home to call their own!  Let's get down to the numbers.  In the month of June, a total of 61 homes sold in Norwalk Connecticut.  The vast majority sold in the $399,999 and below price range. First time homebuyers and investors are busy! The least expensive home sold in June was a South Norwalk (SONO) foreclosure on Burritt Avenue, 3 bedrooms and 1 bathroom which sold for $106,000.  The most expensive home that sold was a Mediterranean Villa in Rowayton which has 5 bedrooms, 3 1/2 bathrooms and guest cottage.  This property sold for $1,917,500, it's listed price was $2,100,000. But it's not too late to find the home of your dreams or an investme...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
  Homes For Sale-Market Report Norwalk CT May, 2012 Sales Homes for sales in Norwalk, CT May were 44. This is up 22.2% from 36 in May of 2011. Sales/list price ratio in May moved up to 96.0% from 93.5% in April.     Prices Median price for homes for sale in Norwalk CT was $453,750 in May was up 10.3% from $411,500 in April and up 20.2% from $377,500 in May of 2011. 3-month average sale price of $611,411 in May was up considerably from $524,207 in April but down marginally from $624,274 in May of 2011.     Market Time Average days on market for homes for sale in Norwalk, CT was 101 in May was down considerably from 135 in April but way up from 80 in May of 2011. Months of supply of 15.4 in May was up just slightly from 15.1 in April and up considerably from 13.4 in May of 2011.     Homes...
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By Kimberly Tapscott, Giving you the service you deserve!
(Keller Williams Prestige Properties)
Ever wonder how you can own a home in Norwalk Connecticut? Have you heard that you can get a good deal on a short sale and/or foreclosure in Norwalk CT, but did not know how to proceed? Well wonder no more...on Saturday, July 7, 2012, I am teaming up with Attorney James Maye, Fairfield County Real Estate and Jennifer Moye, Senior Loan Officer of Chase Bank to conduct a free seminar and discuss the Steps in Homeownership.  Attorney Maye will discuss the legalities of the purchase, Ms. Moye will discuss the financing options and I will cover the options and housing inventory available. Beginning at 10am through noon, you will be able to ask questions and get answers on how to become a homeowner. Click here for more information Please RSVP as we want to have enough handouts and refreshment...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
  NORWALK Market Trends Report May 2012   The Norwalk, Connecticut real estate market is improving.  All of the 3 month market trend indicators are heading in a more balanced market direction. Most importantly for both the 3 month and 6 month trends the number of sales and sale prices are increasing.  It is still a Buyers Market in Norwalk with 12.9 months of inventory.  Thinking of buying or selling in Norwalk, Connecticut, call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
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By Kimberly Tapscott, Giving you the service you deserve!
(Keller Williams Prestige Properties)
"So how is the Norwalk CT real estate market going?  Is it turning around?" These questions I am asked on an almost daily basis. So allow me to share the most recent statistics with you... In the month of May, there were a total of 44 single family homes sold.  The least expensive was a 5 bedroom, 3 and 1/2 bathroom house with 2,080 square feet, purchased as a foreclosure. The most expensive property sold in Norwalk, was a waterfront home designed by the renowned architect Bruce Beinfield on Belle Island which sold for $4,400,000. in addition to the following homes..... The number of pending homes (or homes under contract) is growing, currently it stands at 94 single family homes.  The largest group? Those properties with list prices of $399,999 and below.  It is definitely a market att...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
NORWALK Market Trends April 2012 Norwalk remains in a Buyer’s Market with 14.7 months of inventory (the 12 month figure is used to calculate absorption).  The Norwalk market is showing slight signs of strengthening in terms of more homes sold (although the trend is negative compared to the 12 months figure), a slightly lower Months Supply on Market (again still higher than the 12 months figure), and an uptick in prices (almost in line with the 12 months figure).  Average Days on Market is increasing and the Average List to Sales Price is very low at 91%.
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
16 Hillside Pl Apt D2 Norwalk CT 06854 2 Bedroom CT Dagny Eason | Dagny's Real Estate LLC | (203) 858-4853 16 Hillside Pl Apt D2, Norwalk, CT A fabulous 2 bedroom 2 bath condominium just walking distance to the nightlife in SONO, trains to NYC 2BR/2BA Condo offered at $220,000 Year Built 1988 Sq Footage 1,573 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 2 Parking Unspecified Lot Size Unspecified HOA/Maint $393 per month DESCRIPTION A fabulous 2 bedroom 2 bath condominium just walking distance to the nightlife in SONO, trains to NYC and located in a very desirable neighborhood. Located on the second and third floor of this lovely colonial, this spacious unit is a steal! Hardwood and soundproofing under the floors everywhere - also updated kitchen and baths. Everything is freshly painted...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
Dagny Eason | Dagny's Real Estate LLC | (203) 858-4853 16 Hillside Pl Apt G4, Norwalk, CT Amazing condo so close to SoNo and trains in Norwalk that you can walk! Safe neighborhood, ample parking! 2BR/2+1BA Condo offered at $215,000 Year Built 2003 Sq Footage 980 Bedrooms 2 Bathrooms 2 full, 1 partial Floors 3 Parking 1 Car garage Lot Size Unspecified HOA/Maint $211 per month DESCRIPTION Call Dagny's Real Estate to see! 203-762-1700 Amazing condo so close to SoNo and trains in Norwalk that you can walk! Great neighborhood, ample parking! Lots of space in this great almost new end unit. Large sunny living room with fabulous dining area to enjoy. Two bedrooms with ample closet space, two baths, loads of extra storage in the garage and in the attic for all your belongings. Ready to move in...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
Dagny Eason | Dagny's Real Estate LLC | (203) 858-4853 66 Walter Avenue, Norwalk, CT Beautiful 3 Bedroom Spacious Cape in sought after area 3BR/1+1BA Single Family House offered at $329,000 Year Built 1950 Sq Footage 1,360 Bedrooms 3 Bathrooms 1 full, 1 partial Floors 2 Parking 1 Car garage Lot Size 0.15 acres HOA/Maint $0 per month DESCRIPTION Spacious 3 bedroom cape in desirable East Norwalk with a beautifully landscaped yard. Hardwood floors in almost every room, tile floor in kitchen, newer furnace and hot water heater, - this home has been well cared for. The patio in this large backyard make it an easy place to entertain. Located close to Norwalk High School and close to shopping. see additional photos below PROPERTY FEATURES - Central heat - Hardwood floor - Tile floor - Living ...
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Norwalk, CT Real Estate Professionals