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Darien Real Estate,Weekly Report,Aug 3,2009

report in typewriterBelow is the link to view the weekly Darien real estate market report which shows, new listings,price changes,deposits and closed sales. This weeks’ report is interesting in that it reflects an  definite uptick in activity  in the Darien real estate marketplace. The most popular price point remains  homes between $700,000 and $1.5 million with only a couple of closing in the higher ranges.

Prices continue to fall as sellers become more realistic (or desperate).However, buyers must realize that this is not an “anything goes” market.You cannot  realistically bid on a home by knocking  30% off the asking price.

 Know the history of the property and ask your Realtor whether the property is still overpriced . Trying to lowball already appropriately reduced properties, is a waste of everyones’ time  and will probably insult the seller. If you really want the house ,this is not the way to go.

 

Darien Market Report, Aug. 4,2009

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