Happy 2012! Here's the Fairfield County CT Forecast for the Year Ahead.
We welcome the new year with year end real estate market reports for each of the towns that we service. The short story is that on the whole, the real estate market in 2011 did not quite measure up to the previous year, and property values are down slightly on a countywide basis, however it truly seems that we have been through the worst of the pricing downturn. 2011 wasn't so bad when you look at the slide we experienced in the years prior to that. Expect 2012 to have some "bumps" primarily due to shadow inventory hitting the marketplace, but overall the year ahead looks bright. It's an election year, too, and historically, the real estate market in general reacts favorably at this time. At minimum, prices are expected to stabilize.
Meanwhile, we have compiled 2011 year-end statistics and they are all right here for your review. If you have any questions, we invite you to ask!
Our market reviews for our five top towns include analyses by price range and bedroom count, and annual overviews going back to 2005. Check back on our individual town blogs for local real estate forecasts and advice for the coming year, as well as our weekly updates.
2011 Easton Market Review
2011 Fairfield Market Review
2011 Norwalk Market Review
2011 Trumbull Market Review
2011 Westport Market Review
The other Southwestern Connecticut Towns that we service have quarterly and annual statistics. You can find real estate market reports for the following towns on our Quarterly Reports Page:
In Fairfield County:
Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, Newtown, Norwalk, Redding, Shelton, Stratford, Trumbull, Weston and Westport
In New Haven County or in "The Valley":
Ansonia, Derby, Milford, Oxford, Seymour, Shelton
For future reference, these Market Reports can be accessed under"Real Estate Market Data Reports" on the left hand side bar of our website.
Check back soon for individual town forecasts with pricing and market recommendations.
A note from Judy: If you have a question about buying or selling Real Estate in Fairfield County, and are in need of an Realtor to represent you, I invite you to contact me, and if you have an idea for a topic that you would like to see on The CT Realty Blog, please include it in the "Post a Comment" section link below this post. We appreciate the feedback and look forward to providing you with the best real estate content, advice and service in Fairfield County, Connecticut.
