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February 2015 Real Estate Market Report for Fairfield, CT

March 22, 2015

According to Connecticut Magazine, “February has gone down as the coldest month in Connecticut history.”  The weather certainty didn’t help the residential real estate market in Fairfield, CT.  Unit sales were down 24% compared to February of last year when 33 units sold.  Though it did take less time to sell a home.  The days on market…

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Residential Home Sales in Fairfield, CT – Highest Price and Lowest Price for February 2015

March 5, 2015

For February 2015, unit sales and median sale prices in Fairfield, CT, decreased for single family homes. A total of 25 residential single family homes sold in Fairfield in February 2015. In February 2014, 32 homes sold. The median sale price in Fairfield for February 2015 was $512,500 compared to $537,500 in February 2014.  

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Residential Home Sales in Fairfield, CT – Highest Price and Lowest Price for January 2015

February 4, 2015

Unit sales in Fairfield, CT, for January 2015 increased significantly and the median sale price for single family home sales was up. A total of 46 residential single family homes sold in Fairfield in January 2015. In January 2014, just 29 homes sold. The median sale price in Fairfield for January 2015 was $569,500 compared to just $530,00 in…

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Residential Home Sales in Fairfield, CT – Highest Price and Lowest Price for December 2014

January 18, 2015

Though unit sales n Fairfield, CT, for December 2014 dropped significantly, the median sale price for single family home sales was up. The median sale price in Fairfield for December 2014 was $616,000 compared to just $550,00 in December of 2013.  A total of 40 residential single family homes sold in Fairfield in December 2014, only 5 were new construction.…

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December Real Estate Market Report for Fairfield, CT

January 18, 2015

In Fairfield, CT,  unit sales in December 2014 were 38, down 36.7% from 60 in December of 2013. The months of supply is up by 34.6% and inventory is up 19.6% to 446.  The good news for sellers is that it is taking less time to sell a home.  Market Time is down 15% to 96…

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The Real Estate Market for Condos is Hot in Fairfield!

January 1, 2015

2014 was a great year for condominium sales in Fairfield. Both unit sales and the median sale price have increased! In 2014, the median sales price was up 25% and unit sales  were up 23% compared to 2013.   The median sale price for a condo was $350,000 in 2013 and $432,500 in 2014.  Unit…

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November Real Estate Market Report for Fairfield, CT

December 11, 2014

In Fairfield, CT, inventory was up 20.9% to 532 listings in November 2014.  However, the number of days on market was down 24.4% from 131 days  in November of 2013 to 99 days. The months of supply is up by 28.5%. Other Towns In Fairfield County Unit sales in Shelton are up 31.8% to 29. Days on…

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Home Sold for $6,750,000 on Dec. 1st Marks Highest Residential Home Sale in Fairfield for 2014

December 2, 2014

An 8 bedroom Georgian Colonial home located on 1078 Sasco Hill Road sold for $6,750,000 on December 1, 2014.  This is the highest price that a home has sold for this year.  The home, built in 1929, was 10,002 square feet on 4.22 acres.  It had been on the market for 170 days.  It sold for $1…

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Residential Home Sales in Fairfield, CT – Highest Price and Lowest Price for November 2014

December 2, 2014

Residential real estate home sales in Fairfield, CT, continue to  decline. The median sale price in Fairfield for November 2014 was $522,250.  (Down from $600,000 in October 2013.) A total of 42 residential homes sold in Fairfield in November, only 4 were new construction. Last November, 57 homes sold, 7 of which were new construction.

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