Spring Real Estate Market Blooming in Darien CT

The spring real estate market started late this year in Darien.  But finally, it is blooming.

• 51 properties are currently bindered and are headed towards close in Darien.

Here is the breakdown, by price point, of real estate transactions in Darien. This includes properties with accepted offers (usually with 1% earnest money) or under deposit (usually where 10% has been put down).

• 26 properties with asking prices under $1M are under binder or contract.
• 13 properties with asking prices between $1M and $2M look poised to close.
• 6 properties with asking prices between $2M and $3M are pulling the deal together.

And the most dramatic figure is:

• 6 properties with asking prices between $3M and $6M now have accepted offers. That’s exciting. Of the 31 properties that have closed this year there has not been one over $3M.

Consumer confidence has officially returned to the Darien, CT real estate market.