Fairfield CT Weekly Listing & Market Statistics Report 2/28/11

FAIRFIELD CT HOMES: It's been a GREAT week in Fairfield for real estate activity! There are currently 352 homes on the market for an average of $1,174,722 that have been on the market 139 days. There were 17 new listings and 2 homes came back on the market after being under deposit.  13 Properties had a price change. In the last week, 12 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. 12 properties went into Pending status, which generally means that the all conditions have been satisfied, and the property is just waiting to close. The 9 properties that closed in the last week had an average price of $875,633 and were on the market an average of 109 days. There were 82 status changes in the last week.

FAIRFIELD CT CONDOS: There are currently 67 condominiums on the market listed at an average price  of $468,203 and they have been on the market  an average of 154 days. There was 5 new listings. 2 Properties had a price change. In the last week,  no properties went into CTS status,  and no properties went into pending status. 1 property closed in the last week, was listed at $799,900 and was on the markt a total of 27 days. There were 15 status changes for the week.

There are currently 84 rental opportunities available in Fairfield CT at an average price of $4365 per month, and an average market time of 67 days.