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.

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