The Golf Coast Standard
Darien Real Estate-August 2009 Year to Date Statistics
The August year to date sales numbers are out for the Town of Darien Real Estate.Overall things are looking “less bad” than previous months. 
The number of homes sold in YTD IS 118 vs. 149 a year ago for a 20% decrease. Dollar volume is off owing to the predominance of sales in the lower range of $600,000 to $1.500,000.
Similarly the average price is down overall from $1.6million to just over $1.4 million.
Anecdotally,brokers are reporting an uptick in activity on both the listing and selling side. Buyers are dipping their toes in the water although there are still a lot of “lets just low ball ‘em” offers out there. This strategy is not working and is an annoyance to sellers and agents alike. Although this is a down market its not a fire sale- at least in Darien.
Darien Market Report-September 3,2009
Attached is the weekly market report showing,new listings,deposits and closings.Anecdotally, things do seem to be picking up.Ill be posting the “year to date” report in a day or so and we’ll see if my gut instinct is on the money.

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