Connecticut Real Estate News
Wednesday, April 16, 2008
Darien CT Real Estate Market Snapshot April 16, 2008
Darien has 160 single family homes on the market as of April 16th, 2008. The number of Darien homes for sale now remains pretty even with last month’s number. The average asking price of a Darien single family home is $2,020,627 and the median price is $1,617,000 - up slightly from last month.
Fifty-two new single family listings have come on the market since March 1st. Twenty of the 52 homes were listed between one million and two million dollars and nineteen of the 52 were listed for over two million dollars. The least expensive Darien home is listed at $419,900 and the most expensive is listed for $7,200,000.
In addition to the 160 available Darien homes, 16 homes have an accepted offer and 27 more have gone to contract. The average asking price for these 43 homes is $1,915,174 and the median price is $1,559,000.
If you are a home buyer considering your options, Darien CT is an extremely desirable place to own a home. Great schools, access to Long Island Sound and an easy commute to New York City are all big reasons to consider Darien as a place to live. For more information about Darien, Connecticut real estate contact RealtyQuest at 203-656-4993 or go to http://www.realtyquest.com/.
Fifty-two new single family listings have come on the market since March 1st. Twenty of the 52 homes were listed between one million and two million dollars and nineteen of the 52 were listed for over two million dollars. The least expensive Darien home is listed at $419,900 and the most expensive is listed for $7,200,000.
In addition to the 160 available Darien homes, 16 homes have an accepted offer and 27 more have gone to contract. The average asking price for these 43 homes is $1,915,174 and the median price is $1,559,000.
If you are a home buyer considering your options, Darien CT is an extremely desirable place to own a home. Great schools, access to Long Island Sound and an easy commute to New York City are all big reasons to consider Darien as a place to live. For more information about Darien, Connecticut real estate contact RealtyQuest at 203-656-4993 or go to http://www.realtyquest.com/.
posted by David Epprecht at 7:52 AM
Thursday, April 10, 2008
RealtyQuest Monthly Sales Report for Darien CT Real Estate March, 2008
Darien closed 16 Single Family Properties this month.
Highest Price:
299 Hollow Tree Ridge Road
$4,225,000
Market Time 546 days
Lowest Price:
47 Hoyt Street
$630,000
Market Time 40 days
Monthly Stats:
Average selling price $1,643,965
Median selling price $1,322,500
Average days on market 151
Average percentage of listing price 95%
The slowdown in Darien real estate continued into March with 16 sold homes, eleven less than the 27 homes that sold in March of 2007. The average market time of sold homes in Darien increased to 151 days from last March's average of 87 days. Well priced homes continue to sell in a reasonable amount of time. Determining the "right price" is more challenging for homeowners and brokers alike because of the lack of buyer activity. It seems clear, however, that Darien home prices still need to come down to help get the market moving again.
Darien buyer activity has picked up from last month as to be expected and there is a nice inventory of homes at all price points. In today’s Darien real estate market there are some phenomenal opportunities, if people know where to look. Home prices are still "all over the place" and to find a good value it is important to research home choices carefully.
For more information or to get a complete list of available Darien CT homes go to http://www.realtyquest.com/ or phone RealtyQuest at 800-656-4993.
Highest Price:
299 Hollow Tree Ridge Road
$4,225,000
Market Time 546 days
Lowest Price:
47 Hoyt Street
$630,000
Market Time 40 days
Monthly Stats:
Average selling price $1,643,965
Median selling price $1,322,500
Average days on market 151
Average percentage of listing price 95%
The slowdown in Darien real estate continued into March with 16 sold homes, eleven less than the 27 homes that sold in March of 2007. The average market time of sold homes in Darien increased to 151 days from last March's average of 87 days. Well priced homes continue to sell in a reasonable amount of time. Determining the "right price" is more challenging for homeowners and brokers alike because of the lack of buyer activity. It seems clear, however, that Darien home prices still need to come down to help get the market moving again.
Darien buyer activity has picked up from last month as to be expected and there is a nice inventory of homes at all price points. In today’s Darien real estate market there are some phenomenal opportunities, if people know where to look. Home prices are still "all over the place" and to find a good value it is important to research home choices carefully.
For more information or to get a complete list of available Darien CT homes go to http://www.realtyquest.com/ or phone RealtyQuest at 800-656-4993.
posted by David Epprecht at 7:05 AM
