Darien, CT 2nd Quarter 2010 Real Estate Statistics
Posted by 
Al Filippone Associates on Wednesday, July 14, 2010
The Darien housing market 2Q results saw an increase in sales activity and average sale price. The Average Sale price of a Darien property increased by 16.5% to $1,629,665 and the number of homes sold increased by 66.7% to 80 homes, when compared to the 2Q 2009. Darien a picturesque residential community, offering a vibrant downtown, scenic Long Island sound coastline, excellent schools and close proximity to New York remains a desirable real estate location.
Highlights:
• The Avg. List price of a home increased 10.5% to $1,730,656 in 2Q 2010 vs. $1,565,839 in 2Q 2009.
• The Avg. Sale price of a home increased 16.5% to $1,629,665 in 2Q 2010 vs. $1,398,463 in 2Q 2009.
• The Avg. Days on Market increased to 160 days in 2Q 2010, 112 days vs. 2Q 2009 and 117 days vs. 2Q 2008.
• The number of home listings taken increased 20.8% to 209 homes in 2Q 2010 vs. 173 homes in 2Q 2009 and was up 1.5% from 2Q 2008.
• The number of homes sold increased 66.7% to 80 homes in 2Q 2010 vs. 48 homes sold in 2Q 2009 and was up 29% when compared to the same period in 2Q 2008.
• LP/SP ratio increased 4.9% in 2Q 2010 to 94.2% vs. 89.3% in 2Q 2009.
2nd Q 2010 Darien Market Statistics
| Single Family Homes | Closed | Listings Taken | Avg. List $ | Avg Sale $ | Sale:List $ | Mrkt Time |
|---|---|---|---|---|---|---|
| 2nd Q 2010 | 80 | 209 | $1,730,656 | $1,629,665 | 94.2% | 160 |
| 2nd Q 2009 | 48 | 173 | $1,565,839 | $1,398,463 | 89.3% | 112 |
| 2nd Q 2008 | 62 | 206 | $1,816,635 | $1,700,870 | 93.6% | 117 |
| % Change from '09 | 66.7% | 20.8% | 10.5% | 16.5% | 4.9% | 48 days |
| % Change from '08 | 29% | 1.5% | -4.7% | -4.2% | .6% | 43 days |
