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Beach Area Update

The Fairfield Beach Area has traditionally been one of the strongest Real Estate markets in Town. Buyers who wanted to be close to the water and preferred New Construction really drove this market for the last ten years or more. Through July 31st of this year, 38 Single Family homes had been sold. This is down 10% from last year and 43% from the 67 homes that sold in 2007.

The Average Sales Price came in at $775,882. This a decline of 20% from last year's Average of $995,554.

This Analysis is based on data from the Greater Fairfield County MLS.

To see all the homes for sale in Fairfield County, visit http://www.tetreau.com

Posted Friday Aug 28