Fairfield, CT

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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Fairfield CT December 2011 Market Report of Sales

Fairfield CT 06430 Market Report

The real estate market for December in Fairfield CT 06430 has had a tough time this year in unit sales, due to the effect of the huge storms this fall. It was difficult to show homes when there were trees and branches down everywhere, and no power.

December 2011 recap

Total home sales for the month: 20

Average days on the market: 99

Low value: $ 195,000

High value: $ 1,281,000

Average sold price: $ 485,183

Median price: $ 370,000

Average list price: $ 506,890

Pending sales: 19

Fairfield CT 06430 Real Estate Market Report Sales November 2011

November 2011 Sales

The real estate market for November in Fairfield CT 06430 has been consistent in unit sales.

November 2011 recap\

Total home sales for the month: 42

Average days on the market: 115

Low value: $ 150,000

High value: $ 1,200,000

Average sold price: $ 462, 441

Median price: $ 438,000

Average list price: $ 488,776

Pending sales: 19

To Sell Green Homes, Be a Teacher of Green.

The November 24, 2011 New York Times article ‘To Sell Green, First Teach Green’ in the Real Estate section profiles the "House of the Year” awarded by the Builders Association of Eastern Connecticut. This new 1600 square foot ultra-green and affordable home is at a cost of $220,000.

The cost for heating and cooling this home is projected at less than $800 a year. Besides the super insulated fire resistant walls other green features are triple glazed windows, open living area, bamboo and cork flooring and water saving toilets.

Local listing agent says many buyers don’t yet appreciate and understand green technology. Homebuyers should look for knowledgeable green professionals to help in the process. You can find ‘Green’ Realtor designees at the National Association of Realtors and ‘Certified Green Professionals’, CGP’s at the National Association of Home Builders websites. To earn these accreditations requires hours of lectures, class work and a passing of tests. Continuing education is required to maintain designations.

David Popoff is a license Realtor in Connecticut with William Raveis office in Darien. A life time resident of Fairfield County he has worked throughout lower Fairfield County for over 30 years and now resides in Darien, Ct since 2004.

• Member of the Darien, Greenwich and Greater Fairfield County MLS.
• 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.

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.

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