Fairfield CT Real Estate Market Weekly Statistics Report - June 28, 2011

FAIRFIELD CT HOMES: The median list price in Fairfield is fairly steady at  $584,250.  As of this morning, there are 508 homes actively on the market for  95 days and are listed at an average price of $1,214,025.

The highest priced home for sale in town is listed at $25,500,000 and the lowest priced available single family home is $169,900.

25 new  listings came on the market this week, and one home came back on the market after being under deposit.  There were 28 properties that had a price change. 17 properties have gone under the initial deposit stage, which we call CTS, and 17 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 18 properties sold this past  week, and they had an average price of $680,339.  and  were on the market an average of 90 days. There were 123 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $351,700. The  91 condominiums that are available have been  listed an average of 79 days, and have an average price of $468,679. The highest list price for a condo in town is $1,075,110 and the lowest priced condominium available is $169,900.

One new listing came on the market this week,  iand no homes  came back on the market. Five properties had a price change. In the last week,  one property went into CTS status,  and no property went into pending status. One property closed in the last week and was listed at $799,900. It was on the market for just 23 days. There were 12 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 125 homes or apartments available. The median monthly price is $2,200 and the average price is $3,677 per month. These year round rental opportunities have been on the market an average of 51 days.

There are 19 seasonal or summer rentals  available throughout Fairfield that have been on the market an average of 73 days, and at an average price of $11,986. The median  price of both furnished and unfurnished seasonal rentals is $6,000.

SOUTHPORT CT HOMES: The median list price in Southport is $1,035,000.  As of this morning, there are 68 homes actively on the market for  88 days and are listed at an average price of $2,256,177.

The highest priced home for sale in the Southport area of town is listed at $12,500,000 and the lowest priced available single family home is $350,000.   The most active "price pocket" in Southport is between one  and one-and-one-half million dollars.

Two  new  listings came on the market this week, and no homes came back on the market after being under deposit.  There were two properties that had a price change. One  property has gone under the initial deposit stage, which we call CTS, and no property went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS: One  single family home sold this past  week and was listed at $1,249,900 . this home was on the market 60 days before it sold. There were seven status changes in the last seven days.

PLEASE NOTE: Southport statistics include all properties within the 06890 zip code


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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