Fairfield CT Real Estate Weekly Market report 4/26/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $567,000.  As of this morning, there are 460 homes actively on the market for  108 days and are listed at an average of $1,117,995.  20 new listings came on the market this week, including 4 homes that came back on the market after being under deposit.  There were  8 properties that had a price change. 26 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- right on par with last week's activity. CLOSINGS: 9 properties sold this past  week, and they had an average price of $496,300, and  were on the market an average of 121 days. There were 97 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $390,400. The  83 condominiums that are available  have been  listed an average of 100 days, and have an average price of $496,396.  7 new listings came on the market this week,  and 1 came back on the market. 1 Property had a price change. In the last week,  2 properties went into CTS status,  and 5 properties went into pending status. No properties closed in the last week. There were 20 status changes for the week.

If you are looking to rent year round, either furnished or unfurnished, there are 105 homes or apartments available. The median monthly price is $1950 and the average price is $3,188 per month. These year round rental opportunities have been on the market an average of 46 days.

Not too many seasonal rentals left around this time of year- there are just 20  available throughout Fairfield that have been on the market an average of 48 days, and at an average price of $10,950 The median  price of both furnished and unfurnished seasonal rentals is $6,900.

Fairfield CT Real Estate Weekly Market report 4/19/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $567,000.  As of this morning, there are 461 homes actively on the market for  106 days and are listed at an average of $1,121,628, and that average is nearly 10% less than last week.  14 new listings came on the market this week, including 2 homes that came back on the market after being under deposit.  There were  25 properties that had a price change. 23 properties have gone under the initial deposit stage, which we call CTS, and 15 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close- right on par with last week's activity. CLOSINGS: 14 properties sold this past  week, and they had an average price of $750,843, and  were on the market an average of 119 days. There were 109 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $352,400. The  85 condominiums that are available  have been  listed an average of 116 days, and have an average price of $472,754.  6 new listings came on the market this week,  and 1 came back on the market. 1 Property had a price change. In the last week,  3 properties went into CTS status,  and 4 properties went into pending status. 2 properties closed in the last week that has an average list price of $1,144,244 and were on the market  for an average of 226 days. There were 16 status changes for the week.

If you are looking for a rent in town, there are  128 homes or apartments available, and they are listed at average price of $5,656 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 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 Real Estate Sales "RealTrender" Report

The Fairfield RealTrender Report" is a  market snapshot of  real estate sales by price and bedrooms in town over the last 45 days. We also have included townwide condominium sales as well for your review.
There were 31  single family home sales reported in Fairfield in this Realtrender period, and they are broken down by bedrooms in the graph. There  were  5 condominium sales townwide.

The idea of the 45 day report came from the Federal Reserve Banks, who submit an economic climate report every 45 days, and its commonly referred to as The Beige Book. I've thought that if that particular time period was important enough to be recognized by banks, that I should recognize that as a real estate agent as well. So here are the quick details. The 2nd report of 2011 is displayed here, and the first report is available to you by clicking the link below. Feel free to contact me for an interpretation of this report as it pertains to your home, and your situation. And, yes, I'd love to talk to you when you are ready  to buy a home, or sell your  home!

Click here for 1st period RealTrender Report.

Fairfield CT Real Estate Sales Report for March 2011

There were twenty single family home sales in Fairfield that were reported to the MLS.  The average List price was $809,605 and the average sale price was $736,371, and market time for these listings to sell was 150 days. On average, the sale price to list price ratio for sold listings was 91.02%
Five condominiums were sold in Fairfield  that were reported to the MLS.  The average List price was $372,320 and the average sale price was $353,500, and market time for these listings to sell was 206 days. On average, the sale price to list price ratio for sold listings was 94.9%

Fairfield CT Real Estate is now on Facebook,  and we offer unlimited FREE MLS searches, Fairfield  Local news, and a lot of useful Fairfield Information.