Fairfield CT Real Estate Weekly Market report 4/19/11

FAIRFIELD CT HOMES:  The median list price in Fairfield is $567,000.  As of this morning, there are 461 homes actively on the market for  106 days and are listed at an average of $1,121,628, and that average is nearly 10% less than last week.  14 new listings came on the market this week, including 2 homes that came back on the market after being under deposit.  There were  25 properties that had a price change. 23 properties have gone under the initial deposit stage, which we call CTS, and 15 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close- right on par with last week's activity. CLOSINGS: 14 properties sold this past  week, and they had an average price of $750,843, and  were on the market an average of 119 days. There were 109 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $352,400. The  85 condominiums that are available  have been  listed an average of 116 days, and have an average price of $472,754.  6 new listings came on the market this week,  and 1 came back on the market. 1 Property had a price change. In the last week,  3 properties went into CTS status,  and 4 properties went into pending status. 2 properties closed in the last week that has an average list price of $1,144,244 and were on the market  for an average of 226 days. There were 16 status changes for the week.

If you are looking for a rent in town, there are  128 homes or apartments available, and they are listed at average price of $5,656 per month, and have been on the market approximately 42 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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