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Filed under Ct Real Estate Market, Ct., Darien, Fairfield County, Green Posts, Homeowner Tips, Interesting Articles, Local Housing Data, New Canaan, Open House, Property Management Connecticut, Real Estate Posts, Rowayton
Action In The Darien, Ct Real Estate Market ~ Spring 2013.
April 3rd, 2013.
First Quarter of 2013 the real estate market of single family homes in Darien, Connecticut has held its own compared to same time last year with sales and prices slightly down but with average square foot prices slightly up.
The big news is that currently on the Darien MLS there are 71 homes under deposit and/or with accepted offers and another 122 homes listed for sale. The single family homes for sale range price from $375,000 for a 3 bedroom 936 square foot home up to $15.9 million waterfront estate on 3.16 acres with a 12,000 square foot custom built Hobbs home. Continue reading
Year End Real Estate Report for 2012 for Rowayton, Connecticut on single family homes compared to 2011. Rowayton is following the real estate market trend of lower Fairfield County in that more single family dwellings have sold in 2012 to that of 2011 but with the average price down just a little or flat. The average sold price of 2012 is at $1,287,200 up $940 from the previous year while sales of home units are up 25%. *
Rowayton is the Sixth Taxing District of the city of Norwalk, Connecticut located on Long Island Sound and 45 miles away from New York City with its own Metro North train stop. Over the course of the year the community holds many events such as the July 4th fireworks, River Ramble, Summer Music Festival and Memorial Day Parade to mention a few.
Currently in Rowayton there are 36 single family homes for sale ranging from $435,000 for a 3 bedroom, 2 bathroom Raised Ranch up to $12.9 million for a 3.5 acre island with 6,000 sq. ft. Tudor home, boat house, guest house and pool.
Real Estate Year End 2012 Market Report for single family homes in Darien, Connecticut compared to 2011 show a 23.3% improvement in homes sold. Along with that average days on the market decreased by 5 days and yet average sale price was down 8.7%. When you dig a little deeper the average size home was about 5% less in 2012 (3,266 sq.) to that of 2011 (3,438 sq. ft.).
Currently there are 90 single family homes listed for sale on the Darien MLS down from a yearly average of 175 to 200 listings. Currently prices are ranging from $365,000 for a 1,200 sq. ft. Ranch on 0.27 acres up to $26,000,000 for an 8,800 waterfront estate on 5.25 acres.
For further information about homes in lower Fairfield County, Connecticut call David Popoff
at William Pitt Sotheby’s International Realty in Darien, Ct.
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.
Darien, Connecticut Year to Date (YTD) compared to same time last year single family home sales are up 18.5% and as well they are on average selling quicker. But along with that the average home size is down with the average sales price lower as well.
Currently there are 130 active single family listings on the Darien MLS along with 23 active rentals. There are currently 40 homes under deposit and/or with accepted offers. Prices start at $399,000 for a 1,200 square foot home on 0.27 acres and go up to $26,000,000 for 5.25 acres direct waterfront estate in the Tokeneke area of Darien.
Local Real estate market report for Darien, New Canaan and Rowayton, Connecticut for mid-July, 2012 showing activity with a total of 25 closings between the three towns.
Currently on the local MLS there are about:
- 260 single family homes for sale in New Canaan.
- 147 single family homes for sale in Darien.
- 57 single family homes for sale in Rowayton.
Local Weekly Market Reports by William Pitt Sotheby’s.
New Canaan Weekly Market Report ending July 15th shows:
- New Listings at 9
- Price Changes at 7
- Pending Offers at 7
- Closed at 14
Darien Market Report July 11 to 17, 2012 shows: Continue reading