In Fairfield, CT, three-month single family property unit sales n September were 202. This is down 25.5% from 271 in September of 2013. New listings are down by 4.6%. Price per square foot is down 4.2% to $317.

Other Towns In Fairfield County

  • Median price in Greenwich (Old Greenwich) is up 338.5% to $2,850,000.
  • Days on market in Greenwich in September was 165. This is up 43.5% from 115 in September of 2013.
  • Months of supply in Stamford is up by 38.0%.

Changes Favoring Buyers
3 Months Ending September, 2014 % Chg From Sep, 2013
Unit Sales 202 -25.5%
Median Sale Price $587,000 -2.5%
Inventory 558 11.8%
Months of Supply 9.8 13.3%
Market Time (Days) 98 5.4%
Price per Sq Ft for Sold $301 -1.5%
New Listings 322 6.3%
Listings Under Contract 172 -15.3%
Changes Favoring Sellers
3 Months Ending September, 2014 % Chg From Sep, 2013
Sales to List Price Ratio 96.3% 0.3%

 Sales

September 2014 Real Estate Unit Sales for Fairfield, CT

There were 54 unit sales in September. This is down 1.8% from 55 in September of 2013. This is the lowest unit sales have been since 39 in March, 2014. Sales/list price ratio in September moved down to 95.8% from 96.7% in August.

Prices

September 2014 Real Estate Median Prices for Fairfield, CT

Median price in September was $596,250. This is up 2.8% from $580,000 in September of 2013. 3-month median price of $587,000 in September was down just slightly from $599,000 in August and down a little from $602,000 in September of 2013. Price per square foot in September was $317. This is up from $288 in August but down from $331 in September of 2013.

Inventory

September 2014 Real Estate Total Inventory for Fairfield, CT

Inventory of 567 in September was up 3.3% from 549 in August and up 11.8% from 507 in September of 2013. New listings of 125 in September were way up from 90 in August but down just slightly from 131 in September of 2013. Months of supply of 10 in September was very slightly up from 9.6 in August and up slightly from 8.6 in September of 2013.

Market Time

September 2014 Real Estate Market Time for Fairfield, CT

Days on market of 92 in September was down modestly from 104 in August and down a little from 98 in September of 2013.

Change in Median Sale Price for Single Family Properties YTD From 2013 To 2014 for Towns in Fairfield County Ranked by Best Performance
Town % Change
New Canaan 20.79%
Greenwich 13.77%
Stamford 10.04%
Westport 6.44%
Ridgefield 6.03%
New Fairfield 4.93%
Darien 4.63%
Trumbull 3.95%
Weston 3.87%
Stratford 2.69%
Data From: CMLS
Towns with an average of at least 10 sales per month (maximum of 10 towns)