Fairfield CT 06424 Market Report October 2011 Sales

Fairfield CT 06424 Market Report October 2011 Sales

40 Fairfield homes have been sold in the past month:

22 homes sold under $500,000 

13 homes sold for between $500,000-$1M
 3 homes sold for under $1M - $1.5M
1 home sold for under $1.5M - $2M
1 home sold for under $2M and over

The real estate market for October in Fairfield CT 06424 has been fairly steady in its sales for the past four years.

October 2011 recap:

Total home sales for the month: 40
Average Days on the Market: 111
Low value of $155,000 for a cape.
High value of $2,275,000 for a colonial.
Average sold price of $592,872.
Median price of $443,750.
Average list price was $635,349.
Actual purchase price was an average of 6.7% off of the list price.

My goal in sharing these Fairfield real estate market reports with you is to give a better understanding of the number of Fairfield homes for sale, price range of homes sold and real estate market trends month to month for the Fairfield neighborhoods in which you may be considering buying or selling. If you are a Fairfield home seller, it gives you information on recent home sales. Determining current value of Fairfield real estate is key to pricing a home to sell in today's market. My web site will give you very specific information as you search CT real estate for sale especially as a buyer.

Fairfield continues to have a large supply of homes for sale and they are selling slowly.

There were 55 homes in pending status in Fairfield on October 31st. The home absorption rate for Fairfield homes for sale indicates we still have a buyers' market.

Buyers continue to search for Fairfield homes and if you want a local realtor specialist to guide you in this market, please give me a call at 203-762-1700.

Wilton CT Real Estate Market Report October 2011

Westport CT Real Estate Market Report October 2011

Norwalk CT Market Report October 2011 Sales

Fairfield CT 06424 Market Report October 2011 Sales

Weston CT 06883 Market Report October 2011 Sales

Ridgefield CT 06877 Market Report October 2011 Sales