Darien & Rowayton Real Estate Market Statistics

In the days of this crazy housing market, I am constantly being asked “what is going on with the real estate market?” Every Realtor seems to have a different answer to this question as there really is no right or wrong answer.

I often lean on numbers and statistics to tell the story so below is an outline of all the major factors that paint the picture of the housing market. Two story lines that jumped out on me:

  1. Based on days on market, buyers are being pretty picky. They know they are in the driver’s seat and can take the time to look at all the inventory available and weight their options.
  2. Closings are in a severe upswing so inventory is finally moving again, a major change from earlier in the year. Sellers are more confident that their homes will sell and at a price they are content with.

Darien & Rowayton Single Family Home Sales

Single Family Homes Total Closed Avg Days on Market Avg. Sale Price Sale to List price
April 8 93 1,218,313 96%
May 18 143 1,409,013 91%
June 27 104 1,331,704 89%
July 25 169 1,392,060 91%
         

Related Posts

  1. Darien Real Estate Quarterly Market Statistics
  2. Darien CT: Real Estate Market Statistics 11/09
  3. Darien, CT 2nd Quarter 2010 Real Estate Statistics
  4. Darien May 2010 Monthly Real Estate Statistics
  5. Darien, CT Real Estate Monthly Statistics April 2010

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