With year end in sight let’s take a look on how the single family home sales in Darien, Connecticut. Year to Date, Year over Year total dollar volume sales are up 9.5% with over all homes sold up 20.4%. Yet average sales prices are down 9% from an average of $1,682,391 in 2011 to $1,530,772 in 2012. Part of the reason for this decline is that the average home size is down 200 square feet from 2011 of 3,798 sq. to 2012 of 3,598 sq.ft.
Looking at an average square foot price of sold single family homes in Darien:
- 2011 YTD was at $477.09
- 2012 YTD is at $461.15
Another good sign for the Darien housing market is that the average days on the market for a listing is down 5.1% from 2011.