Weekly Fairfield CT Real Estate Market Update 2/15/11

FAIRFIELD CT HOMES: There are currently 339  homes on the market for an average of 1,192,853  that have been on the market 149 days. There were 13 new listings and 1 home came back on the market after being under deposit.  9 Properties had a price change. In the last week,  10 properties have gone under deposit, which is what we call CTS. This means that the property just took a binder, but all the contingencies have not yet been met. 8 properties went into Pending status, which generally means that the all conditions have been satisfied, and the property is just waiting to close. The 8 properties that closed in the last week had an average price of 509,581 and were on the market an average of 107 days. There were 59 status changes in the last week.

FAIRFIELD CT CONDOS: There are currently 69 condominiums on the market listed at an average price  of 474,249 and they have been on the market  an average of 152 days. There were no new listings . 4 Properties had a price change. In the last week,  1 property went into CTS status,  and 1 property went into pending status. The 1 property that closed in the last week was listed at 239,000 and was on the market for 64 days. There were 10 status changes for the week.

There are currently 91 rental opportunities available in Fairfield CT at an average price of 3130 per month.