Fairfield CT Real Estate Market Weekly Statistics Report - July 12, 2011

FAIRFIELD CT HOMES: The median list price in Fairfield remains nearly steady at  $576,950.  As of this morning, there are 503 homes actively on the market. They have been available an average of  101 days and are listed at an average price of $1,226,752.

The highest priced home for sale in town is listed at $25,500,000 and the lowest priced available single family home is $160,000. Four bedroom homes comprise nearly 39 percent of all the available inventory, and their average price is $1,838,297. The most active "price pocket" in town is betweenn one-and-one-half-million dollars, representing almost thirteen percent of the market.

18 new  listings came on the market this week, and two homes came back on the market after being under deposit.  There were 16  properties that had a price change. 10 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.  The deposits look good  this week. CLOSINGS: 18 properties sold this past  week, and they had an average price of $823,856  and  were on the market an average of just 66 days. There were 89 status changes in the last week.

FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $339,700. The  87 condominiums that are available have been  listed an average of  89 days, and have an average price of $466,805. The highest list price for a condo in town is $1,075,110 and the lowest priced condominium available is $189,900.

Two new listings came on the market this week,  and no homes came back on the market. Seven properties had a price change. In the last week,  ono  property went into CTS status,  and one property went into pending status. No properties closed in the last week There were 15 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 121 homes or apartments available. The median monthly price is $2,250 and the average price is $3,766 per month. These year round rental opportunities have been on the market an average of 52 days.

There are 15 seasonal or summer rentals  available throughout Fairfield that have been on the market an average of  92 days, and at an average price of $13,700. The median  price of both furnished and unfurnished seasonal rentals is $6,000.