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Real Estate market Remains Stable

Posted December 12, 2012 in Advice Column, Norwalk

The Norwalk real estate market sales remained stable during the month of November.

According to the Des Moines Area Association of Realtors®, there are currently 42 residential homes for sale in Norwalk, down from 56 last month. The median list price of the homes currently listed is $188,700, which is up from $179,900 last month.

During the month of November, there were just 12 offers accepted. The median list price of those homes was $134,450, and they were on the market for a median of 78 days. During October there were 11 new listings in Norwalk, with a median price of $199,900.

In November we saw 12 closed sales with a median sale price of $190,000, which was 98 percent of the list price, and spent a median of 120 days on the market.

The Norwalk real estate market in general is experiencing a seasonal slowdown in activity, but the inventory of homes on the market is low. Buyer’s don’t have much to choose from and will pay almost list price when the right one comes along, provided it is priced correctly. Those homes also sell quickly, as we have seen.

Gratitude can make a house into a home

Many times after a natural disaster, the words “At least we still have each other and for that we are very thankful” are spoken as folks look over the rubble that once was their house. The structure these people resided in was taken from them, but the foundation of their home stood fast. Obviously they had hearts filled with gratitude for life. When a house is filled with grateful hearts, it is transformed into a home. Children raised to express appreciation in turn bless their parents as well as the world around them.

“Piglet noticed that even though he had a Very Small Heart, it could hold a rather large amount of Gratitude.” — A.A. Milne, “Winnie-the-Pooh.

It is also true that no matter the size of a house, it can be a rather large home when filled with thankfulness.

We at EXIT Realty North Star are appreciative of the community in which we live and serve, our home. We hope you take the time to tell someone in the next room how grateful you are for them.





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