NORWALK - SINGLE FAMILY
AUGUST 2022 MARKET REPORT

NORWALK - ROWAYTON - SINGLE FAMILY

AUG 2022 CHANGE FROM
JUL 2022
CHANGE FROM
AUG 2021
MEDIAN SALE PRICE $1,717,500   -2.1%  7.3%
AVERAGE SALE PRICE $1,751,393   -30.0%  -2.0%
HOMES SOLD 14   75.0%  100.0%
AVERAGE DAYS ON MARKET 47   135.0%  -39.7%
% OF SALES PRICE 98.91   -7.0%  -2.6%
HOMES FOR SALE 8   -27.3%  -46.7%
MONTHS OF INVENTORY 0.57   -58.4%  -73.3%

HOMES FOR SALE

Number of homes listed for sale, end of month

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HOMES FOR SALE BY PRICE RANGE

Number of homes listed for sale at the end of month

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HOMES SOLD

Number of homes sold

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HOMES SOLD BY PRICE RANGE

Number of homes sold in the previous two years

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DAYS ON MARKET - SOLDS

Average days on market for all homes sold

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MEDIAN SALE PRICE

Price of the "middle" home sold -an equal number of sales were above AND below this price

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NORWALK - SINGLE FAMILY
TEN-YEAR MARKET HISTORY

NORWALK - ROWAYTON - SINGLE FAMILY

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* 2022 year-to-date Units and Median Price are through 08/31/2022

For 2022, units on Full-Year Line Graph are annualized based on actual sales year-to-date

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
HOMES SOLD 69 76 74 82 87 69 84 109 91 93
17% 10% 3% 11% 6% 21% 22% 30% 17% 2%
MEDIAN
PRICE
$878,300 $979,750 $1,187,500 $1,205,000 $1,325,000 $975,000 $1,207,750 $1,200,000 $1,610,000 $1,553,500
13% 12% 21% 1% 10% 26% 24% 1% 34% 4%
Data Source: SMRT, Property Type: Single Family. Information believed to be accurate but not warranted.
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