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.
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