Stratfield Neighborhood Update

Through July 31st, 37 Single Family homes have been sold in the Stratfield Neighborhood. This is down 30% from the prior year when 53 homes sold. This total is off 46% from the 68 homes that sold in 2007. It appears that the "train station effect" has not had a big impact. Fairfield is building a third train station much closer to this neighborhood which should attract more commuters.

Let's take a look at how prices are holding up. The Average Selling Price so far this year is $461,432. This value is 17% below the 2008 Average Selling Price of $553,714.

There are currently 43 Homes for Sale in the Stratfield Area ranging in price from $359,900 to $929,000. If you would like more information on these homes, please visit www.tetreau.com

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