Fairfield CT Weekly Real Estate Market Report 3/29/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $549,000.  There's been a flurry of activivity in town! As of this morning, there are 421 homes actively on the market for  115 days and are listed at an average of $1,124,165. 19 new listings came on the market this week, including no homes that came back on the market after being under deposit.  There were  15 properties that had a price change. 29 properties have gone under the initial deposit stage, which we call CTS, and 12 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 3 properties sold this past  week, and they had an average price of $468,000, and  were on the market an average of 171 days. There were 94 status changes in the last week.

FAIRFIELD CT CONDOS: The  76 condominiums that are available  have been  listed an average of 134 days, and have an average price of $499,611.  3 new listings came on the market this week, and no Properties had a price change. In the last week,  9 properties went into CTS status,  and 1 property went into pending status. No properties closed in the last week. There were 15 status changes for the week.

If you are looking for a rent in town, there are  102 homes or apartments available, and they are listed at average price of $4,432 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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