This is the snapshot of today's real estate market in Norwalk, CT.
There are no properties under contract today, and compared to the snaphot taken back in December 15th, 2007, we can see a slight reduction in the number of active Single Family homes for sale listed in the MLS from 335 to 303 or about a 10% reduction.
In terms of median listing price, it went from $579,900 to $599,000, an increase of over 3%.
In other words, we can see a relative reduction in inventory and an increase in Median Listing Price that are taking about 10% more time on the market (144 DOM).
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