Fairfield CT Housing and Real Estate Market Report Week of 4/28/14

Fairfield has officially hit the BUYER/SELLER ACTION ALERT status! Deposit ratios have been movng steadily upwards.

There are currently 421 homes that are actively on the market, and the median list price in Fairfieldhas inched upwards to  $854,900. These homes have been available an average of 108 days, with  an *average cumulative market time of 175 days, and are listed at an average price of $1,462,659. The highest priced home for sale in town is listed at $62,000,000 and the lowest priced available single family home is $195,900.

Forty-three new listings came on the market in the past seven days, and seven homes came back on the market after being under deposit. There were 34 properties that had a price change. Twenty-eight properties have gone under the initial deposit stage, which we call CTS, and 23 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. They were listed on average at $726,370.


TOWNWIDE DEPOSITS:  There are 81 homes currently in CTS status, and an additional 101 properties that are scheduled to close with an average price of $788,782.

CLOSINGS: Sixteen properties were reported as sold this past week, and they had an average list price of $779,100 with an average market time of 124 days. There were 158 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for the 48 condos that are available is $534,250.  These properties have been listed an average of 88 days, with a cumulative market time of 106 days, and have an average price of $571,115.

Just two new listings came on the market this week, and two homes came back on the market after being under deposit. Six properties had a price change. In the last week, five properties went into CTS status, and three properties went into pending status.

TOWNWIDE DEPOSITS: There are 11 properties in the  initial stage of deposit, and an additional nine  properties scheduled to close, and their average price is $528,814.

CLOSINGS: Two properties were reported as closed in the last week, and were listed on average at $554,000. There were 19 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 60  homes or apartments available. The median monthly price is $2,625 and the average price is $3,534 per month. These year round rental opportunities have been on the market an average of 61 days.

There are 23 seasonal  rentals available throughout Fairfield that have been on the market an average of 104 days, and at an average price of $5,748.  The median price of both furnished and unfurnished seasonal rentals is $5,000. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

 Buying or Selling a Home in Fairfield?  Contact us!

If you have a question about buying or selling Real Estate in Fairfield, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

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Fairfield CT Weekly Real Estate Market Report 4/12/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $559,000.  As of this morning, there are 451 homes actively on the market for  105 days and are listed at an average of $1,131,112. 22 new listings came on the market this week, including 1 home that came back on the market after being under deposit.  There were  15 properties that had a price change. 22 properties have gone under the initial deposit stage, which we call CTS, and 17 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 15 properties sold this past  week, and they had an average price of $725,740, and  were on the market an average of 137 days. There were 108 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $351,950. The  80 condominiums that are available  have been  listed an average of 121 days, and have an average price of $467,214.  6 new listings came on the market this week, 1 came back on the market, and 6 Properties had a price change. In the last week,  2 properties went into CTS status,  and 1 property went into pending status. No properties closed in the last week. There were 54 status changes for the week.

If you are looking for a rent in town, there are  116 homes or apartments available, and they are listed at average price of $5,373 per month, and have been on the market approximately 42 days.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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Fairfield CT Weekly Real Estate Market Report 3/29/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $549,000.  There's been a flurry of activivity in town! As of this morning, there are 421 homes actively on the market for  115 days and are listed at an average of $1,124,165. 19 new listings came on the market this week, including no homes that came back on the market after being under deposit.  There were  15 properties that had a price change. 29 properties have gone under the initial deposit stage, which we call CTS, and 12 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 3 properties sold this past  week, and they had an average price of $468,000, and  were on the market an average of 171 days. There were 94 status changes in the last week.

FAIRFIELD CT CONDOS: The  76 condominiums that are available  have been  listed an average of 134 days, and have an average price of $499,611.  3 new listings came on the market this week, and no Properties had a price change. In the last week,  9 properties went into CTS status,  and 1 property went into pending status. No properties closed in the last week. There were 15 status changes for the week.

If you are looking for a rent in town, there are  102 homes or apartments available, and they are listed at average price of $4,432 per month, and have been on the market approximately 53 days.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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Fairfield CT Weekly Real Estate Market Report 3/22/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $547,000. As of this morning, there are 418 homes actively on the market for  117 days and are listed at an average of $1,118,817. 26 new listings came on the market this week, including 2 homes that came back on the market after being under deposit.  There were  8 properties that had a price change. 14 properties have gone under the initial deposit stage, which we call CTS, and 10 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 5 properties sold this past  week, and they had an average price of $1,562,780, and  were on the market an average of 119 days. There were 81 status changes in the last week.

FAIRFIELD CT CONDOS: The  75 condominiums that are available, and they have been  listed an average of 128 days, and have an average price of $464,733.  7 new listings came on the market this week, and 3 Properties had a price change. In the last week,  6 properties went into CTS status,  and 1 property went into pending status. No properties closed in the last week. There were 23 status changes for the week.

If you are looking for a rent in town, there are  98 homes or apartments available, and they are listed at average price of $4,631 per month, and have been on the market approximately 53 days.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

If you like our Fairfield Real Estate Market Statistics  Reports, please share them. We're on facebook, too