About Fairfield County, CT

Trumbull CT Single Family Real Estate Market Report for January 2012

So....what's UP in Trumbull CT? The single family home sales for January 2012 were UP 22% over January 2011. List and selling prices increased 2% and 3% respectively with the median going UP 16%.

Days on the market went DOWN 9% -- always a good thing for sellers to hear!

The sweet spot for sales was in the popular $300K-$400K range, with sales checking in in almost every range.

What houses sold in Trumbull CT in January 2012?

Trumbull CT January 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS)

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 6.69 months for the last three months, about on par with the previous month.

This absorption rate is calculated on all price points. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.

Sales remained the same as last month and holding steady -- so different from the erratic averages prior. Stability AND increase in the averages. The Trumbull single family market is healthy and moving full steam ahead.

Going forward into February there are 34 homes under deposit and 35 pending sales (under contract).

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

The success in selling your house in TRUMBULL or any other community is dependent upon accurate pricing, effective staging, absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four.

CONTACT ME for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.

Date Source: Greater Fairfield County Multiple Listing Service -- February 9, 2012. No representation or warranty is made to the accuracy of this information.

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

Trumbull CT Single Family Real Estate Market Report for January 2012

The western side of the Aunt Hack area of Danbury enjoyed rigorous real estate activity in 2011. Eight properties in this premier section of town were sold during the year; three were rented, seven are currently on the market; one is under deposit and three are available for rent.

HOMES SOLD:

10 Ironwood Dr $420,000 April 21, 2011

12 Ralto Ct $424,500 April 15,2011

22 Tiffany Dr $445,000 June 30, 2011

1A Maplecrest Dr $480,000 May 17,2011

19 Ironwood Dr $512,000 July 26,2011

4 Maplewood Drive $610,000 March 4, 2011

6 Catalpa Dr $630,000 December 29, 2011

26 Tanglewood Dr $640,000 February 1, 2011

RENTED:

5 Catalpa Dr @ $2.600/moMarch 1, 2011

104 Joes Hill Rd @ $2,600/moMarch 1, 2011

18 Maplewood Dr @ $2,999/moAugust 17, 2011

UNDER DEPOSIT:

18 Ironwood Drive Listed at $600,000

ON THE MARKET:

10 Timber Crest Dr @ $449,000

11 Autumn Ridge @ $469,000

9 Ironwood Dr @ $505,000

12 Tiffany Dr @ $519,000

130 Aunt Hack Rd @ $599,900

13 Maplewood Dr @ $649,000

24 Maplewood Dr @ $729,000

AVAILABLE AS RENTALS:

44 Aunt Hack Rd @ $2,100/month

23 Joes Hill Rd @ $2,250/month

20 Ironwood Dr @ $3,500/month

The tone of the overall real estate market in our area is good, as evidenced by activity in the Aunt Hack section of Danbury. The powerful year of the Dragon is beginning to show its strength,

THE MARKET IS COMING BACK! National employment numbers are improving, they are better than we have seen in the last three years; current unemployment rate is down to 8.3%, inventories of homes are lower, prices are lower and mortgage interest rates remain extremely favorable. There appears to be pent-up demand among home buyers. It’s a good time to have your home on the market!

New Home Listings Darien, Ct. Feb. 10^th, 2012.

In the first 10 days of February there has been 16 new single family homes listed on the Darien MLS.

The price ranges of these new homes are from $525,000 up to $4,175,000.

There are currently 145 homes for sale on the Darien MLS between the price ranges of $399,000 up to $11,900,000.

Year to date there has been 9 homes sold in Darien with another 27 under deposit and accepted offers.

New Home Listings Darien, Ct. David Popoff Newsletter | February 10, 2012

283 Brookside Road Darien, CT Price | Beds | Baths | Sq. Ft. $1,695,000 4 4 3,575 Fabulous Nantucket-style Colonial adjacent to CCD golf course. Completely renovated 4/5 bedrooms. This house has it all: formal living room with loads of natural light and French doors, gorgeous panoramic views of the golf course, dining room with wainscoting and built-ins, den/library with bar (or could be 5th bedroom), large Master suite with marble bath, spacious playroom, office and wine cellar. There are wonderful outdoor entertaining spaces with a deck leading to a large terrace complete with custom-built stone fireplace and seating. Completely private yard on 2 park-like acres. Plenty of space for pool and/or expand. 10 Hillsley Road Darien, CT Price | Beds | Baths | Sq. Ft. $3,996,000 5 6 6,373 Set on a picturesque 2 acres bordering the historic Mather Homestead and Darien Land Trust, this exceptional property has been built for the discerning homeowner. With two significant renovations and additions in 2005 and 2009, this home is a shining example of superb craftsmanship and attention to detail. The floor plan offers ample space and flexibility for both everyday living and formal entertaining. The fine workmanship is evidenced throughout in the custom cabinetry, the marble and limestone baths, and the extensive use of windows. The South of France-inspired pool house, with full bath and stone fireplace, has been crafted as a relaxing retreat when enjoying the pool and spa. This property truly offers the very best of indoor and outdoor living.

Real Estate News Darien's 50 Highest Business Property Taxpayers - Darien, CT Patch darien.patch.com | Feb 10, 2012 Here are the 50 businesses in town with the highest assessments on Read more Connecticut Real Estate Market Watch - William Pitt Sotheby's International Realty viewer.zmags.com | Feb 10, 2012 Connecticut Real Estate Market Watch - William Pitt Sotheby's International Realty Read more

Find more real estate listings >

David Popoff William Pitt Sotheby's International Realty 1057 Post Road Darien, CT 06820 dpopoff@wpsir.com www.DavidPopoffCt.com 203-228-0646

*Listing and sales information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision. Data Source: DARMLS

Darien, a residential community of approximately 20,000 residents, spans 14.9 square miles along Long Island Sound. Darien is only 38 miles from New York City, making for an efficient commute by car or Metro North Commuter Railway of 55 minutes to Grand Central Station, Manhattan.

If you would like to sign up for the WPSIR real estate e-mail newsletter please send request to e-mail dpopoff@wpsir.com and mention if you like the:

– Town monthly newsletter & statistics ~ specify towns.

– And/or the Fairfield County quarterly update.

David Popoff is a Connecticut license real estate agent in lower Fairfield County. He has lived and worked in the area for over 30 years and now reside in Darien since 2004.

• Member of the Multiple Listing Service, MLS.
• Darien
• Greenwich
• Greater Fairfield County
• Member of the Connecticut Association of Realtors, CAR.
• Member of the National Association of Realtors, NAR.
• Green Affiliations.
• Realtor GREEN designation by the National Association of Realtors.
• David Popoff is an accredited LEED Accredited Professional (LEED AP) Homes and USGBC member of the Connecticut chapter (CTGBC).
• Associate member and an accredited Certified Green Professional (CGP) of National Association of Home Builders (NAHB) and the local chapter HBRA-Fairfield County, Ct. .
• Contact David Popoff for all your real estate needs in Darien, Greenwich, New Canaan, Rowayton and the rest of lower Fairfield County.

Three years ago in North Stamford traces of pesticide pollution were found in the drinking water, identifying a potential health risk for residents in that area. The town got into action and has been investigating the situation. One of the results is the offering of well water testing by the Health Department.

As of this week, 1,258 residents have signed up for the new city-run private well-water testing program sponsored by the Stamford Health Department. The registrations put the department well above the 750 tests it is required to provide this calendar year and leaves about 500 spots open on the 2013 waiting list.

If you reside in North Stamford and have a private well, you may sign-up for Stamford's well water testing program by calling the Stamford Health Department's hot-line at 203-977-0816. Leave your name, address and telephone number. The testing costs $100 and will be provided on a first-come, first-served basis.

For more information on the Stamford Health Department well-water testing program, click here.

Fairfield CT - January Sales 4 Year Comparison

Fairfield CT 06430 Market Report

January 2012 recap of Sales

Total home sales: 26
Average days on the market: 125
Low value: $140,000
High value: $1,800,000
Average sold price: $ 619,442 Median price: $ 542,000
Average list price: $ 661,246
Pending Sales: 24

I do find it interesting that Fairfield's sales were hardly lagging after the vicious fall weather we had this year. The power outages and huge snow damage in the end of October into the beginning of November caused buyers to stay away, and sellers to pull their homes off the market in all of the surrounding towns. This should hopefully be a huge spring market for Fairfield! (Westport is the only town in the nearby area that had increased sales for January year over year.)

Fairfield CT - January Sales 4 Year Comparison

Stay tuned!

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