When looking at real estate prices one must take into account the local economic aspects of the region as well as the national trends. Your local real estate expert can help you with the local trends and here in Connecticut it would be William Pitt Sotheby’s International Realty. REAL Trends, Inc. is a communications and consulting company considered to be the leading source of analysis and information on the residential brokerage and housing industry.
Real Trends National Real Estate News Update Feb 7th, 2012.
Distressed Home Sales Taking Toll on Prices According to CoreLogic home prices fell about 5 percent from 2010 to 2011. But if distressed property sales are taken out of the equation the price decline falls to 0.9 percent. This likely doesn’t surprise anyone in the housing market but confirms what everyone suspects – Continue reading
Thursday, February 16, 2012.
In Darien, Connecticut Broker’s like to preview homes for clients and at today’s Broker’s Open House here are my two favorites.
- 18 Tory Hole Road is a new built with all the bells and whistles. The asking price has just been reduced $495,000 from the original price by the builder. If you are looking for high end custom building then this might be the one for you.
- 223 Old King’s Highway is waterfront property at the end of a long driveway on 2.09 acres; the house was built in 1961 and has many possibilities. The home has great outdoor space and 3,424Sq Ft., 4 bedrooms 2 ½ baths.
For more information click on the links below. Continue reading
updated 12:45 pm 2-10-2012.
In the first 10 days of February there has been 20 new single family homes listed on the Darien MLS. The price ranges of these new homes are from $425,000 up to $4,795,000.
There are currently 149 homes for sale on the Darien MLS between the price ranges of $399,000 up to $11,900,000.
Year to date there has been 9 homes sold in Darien with another 27 under deposit and accepted offers.
New listing single family homes Darien, Ct Feb 1 to 10th, 2012.