Connecticut Real Estate News
Saturday, April 24, 2010
Metro Stamford-Norwalk area rental prices are down
Obviously it is expensive to live here in Fairfield County Connecticut, but I was surprised to hear this morning that according to a report by the National Low Income Housing Coalition the Stamford-Norwalk Connecticut area is the most expensive metro area nationwide for renters. The results of the report were published locally this week in the Commercial Record and the Stamford Advocate newspapers.
The article peeked my interest so I looked at the data in the multiple listing system for what I consider to be the Stamford-Norwalk Metro area: Stamford, Norwalk, Darien, Westport, New Canaan and Wilton. In the first quarter of 2010, 226 2 bedroom rentals transacted in an average of 72 days. The average rental price was $1784/month. In the first quarter of 2009, 167 rentals transacted in an average of 71 days. The average rental price was $1885. The good news for tenants is that the rental price of a 2 bedroom in our area is coming down.
According to the report in order to afford a two bedroom unit in our the Stamford - Norwalk metro area a tenant needs to earn $72,000 per year or $34.62 per hour. The second most expensive area for renters is San Francisco.
To see all the currently available property rentals in Stamford, Norwalk and the surrounding area go to rentals.realtyquest.com or call RealtyQuest at 203-656-4993.
The article peeked my interest so I looked at the data in the multiple listing system for what I consider to be the Stamford-Norwalk Metro area: Stamford, Norwalk, Darien, Westport, New Canaan and Wilton. In the first quarter of 2010, 226 2 bedroom rentals transacted in an average of 72 days. The average rental price was $1784/month. In the first quarter of 2009, 167 rentals transacted in an average of 71 days. The average rental price was $1885. The good news for tenants is that the rental price of a 2 bedroom in our area is coming down.
According to the report in order to afford a two bedroom unit in our the Stamford - Norwalk metro area a tenant needs to earn $72,000 per year or $34.62 per hour. The second most expensive area for renters is San Francisco.
To see all the currently available property rentals in Stamford, Norwalk and the surrounding area go to rentals.realtyquest.com or call RealtyQuest at 203-656-4993.
Labels: Connecticut, CT Real Estate, Norwalk, Rentals, Stamford
posted by David Epprecht at 9:55 AM
Thursday, April 22, 2010
Darien CT Real Estate Snapshot April 20th 2010
Currently, there are 182 single family homes listed for sale in Darien CT. The average price is $2,399,236 and the median $1,837,000. The least expensive home on the market in Darien is priced at $449,900 and the most expensive is listed for $16,750,000. The average market time of a home currently for sale is 126 days. The average selling price for the 37 Darien single family homes sold in the past 90 days is $1,691,560 with an average market time of 175 days, at 93% of the asking price.
To learn more about the Darien CT real estate market and to get a full list of Darien homes for sale, please go to Darien Real Estate . While you are there, please register to receive daily updates on Darien properties for sale matching your real estate search criteria. You can also access our complete database of Connecticut properties currently available for sale.
Do you have a specific question on a property or would you like to know the value of your home? Please write to David@RealtyQuest.com or phone 203-656-4993.
posted by David Epprecht at 12:34 PM
Friday, April 9, 2010
RealtyQuest March 2010 sales report
19 single family homes closed in March 2010
Highest Price:
70 Five Mile River Rd $4,600,000 Market time 340 days
Lowest Price:
22 Intervale Rd $832,500 Market time 74 days
Monthly Darien Stats:
Average selling price: $1,878,131.
Median Selling Price: $1,400,000.
Average selling days on market 191.
Average percentage of asking price 92%.
In March 2010, nineteen single family homes sold in Darien, 11 more than the month before. The number sold is eleven more than sold in March 2009, and the dollar volume of sales is 533% more than March'09. The month to month average is higher this month, while the median selling price of a single family Darien home is lower for this month, compared to last month.
For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit http://www.realtyquest.com/
posted by David Epprecht at 5:51 AM
Tuesday, March 23, 2010
Darien CT Real Estate Snapshot March 19th 2010
Currently, there are 155 single family homes listed for sale in Darien CT. The average price is $2,363,266 and the median $1,795,000. The least expensive home on the market in Darien is priced at $449,900 and the most expensive is listed for $16,750,000. The average market time of a home currently for sale is 141 days. The average selling price for the 33 Darien single family homes sold in the past 90 days is $1,887,479 with an average market time of 169 days, at 93% of the asking price.
To learn more about the Darien CT real estate market and to get a full list of Darien homes for sale, please go to Darien Real Estate . While you are there, please register to receive daily updates on Darien properties for sale matching your real estate search criteria. You can also access our complete database of Connecticut properties currently available for sale.
Do you have a specific question on a property or would you like to know the value of your home? Please write to David@RealtyQuest.com or phone 203-656-4993.
posted by David Epprecht at 9:34 AM
Tuesday, March 9, 2010
RealtyQuest February 2010 sales report
8 single family homes closed in February 2010
Highest Price:
11 Dew Lane $2,825,000 Market time 240 days
Lowest Price:
139 Old Kings Highway N $895,000 Market time 101 days
Monthly Darien Stats:
Average selling price: $1,700,750.
Median Selling Price: $1,655,500.
Average selling days on market 110.
Average percentage of asking price 90%.
In February 2010, eight single family homes sold in Darien, 7 less than the month before. The number sold is four more than sold in February 2009, and the dollar volume of sales is 253% more than February'09. The month to month average is lower this month, while the median selling price of a single family Darien home is up for this month, compared to last month.
For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit http://www.realtyquest.com/
posted by David Epprecht at 6:23 PM
Thursday, February 25, 2010
Darien CT Real Estate Snapshot February 11th 2010
Currently, there are 152 single family homes listed for sale in Darien CT. The average price is $2,168,686 and the median $1,695,000. The least expensive home on the market in Darien is priced at $425,000 and the most expensive is listed for $9,500,000. The average market time of a home currently for sale is 146 days. The average selling price for the 46 Darien single family homes sold in the past 90 days is $1,424,713 with an average market time of 154 days, at 94% of the asking price.
To learn more about the Darien CT real estate market and to get a full list of Darien homes for sale, please go to Darien Real Estate . While you are there, please register to receive daily updates on Darien properties for sale matching your real estate search criteria. You can also access our complete database of Connecticut properties currently available for sale.
Do you have a specific question on a property or would you like to know the value of your home? Please write to David@RealtyQuest.com or phone 203-656-4993.
posted by David Epprecht at 9:16 AM
Wednesday, February 24, 2010
John Crandall Joins RealtyQuest Team
RealtyQuest Real Estate Sales and Services is pleased to announce that John Crandall has joined the company as their newest real estate salesperson. John will be working from the Darien CT real estate office covering the lower Fairfield County towns, including Greenwich, Stamford Darien, Norwalk, New Canaan, Wilton and Westport. John grew up in Darien, CT and has also lived in Stamford, Rowayton, and currently resides in West Norwalk. Before real estate, John taught middle school math and computers for eight years after graduating from Denison University with a degree in psychology and completing a master’s in education at Fordham University. John then used his experience in education and entrepreneurial spirit to start the educational software company EdVenture.
John explains, “Real Estate allows me to combine my people skills, the ability to explain complicated ideas clearly, the latest technology on behalf of my clients and my deep and broad knowledge of the home inventory”.
In addition to helping clients with their real estate needs John is an active volunteer in Fairfield County. He has tutored math at St. Luke’s Life Works. He has coached adults in need with math skills for passing the high school equivalency test. In his off time, John enjoys participating in a wide range of sports. Some of his favorites are hockey, skiing, golf, kayaking, tennis, and mt. biking.
For more information, please call John Crandall at 203.656.499 or email John.Crandall@RealtyQuest.com.
For more information, please call John Crandall at 203.656.499 or email John.Crandall@RealtyQuest.com.
Labels: Connecticut Real Estate, CT Real Estate, Darien CT real estate, Darien real estate agents, home buying, home selling
posted by David Epprecht at 5:54 PM
