Fairfield CT - Weekly Real Estate Market Statistics Report - September 6, 2011
Tuesday, September 6, 2011 at 5:42PM FAIRFIELD CT HOMES: .The median list price in Fairfield is $552,000. As of this morning, there are 480 homes actively on the market. They have been available an average of 113 days and are listed at an average price of $1,188,288. The highest priced home for sale in town is listed at $25,500,000 and the lowest priced available single family home is $160,000.
Thirteen new listings came on the market this week, and three homes came back on the market after being under deposit. There were ten properties that had a price change. Eight properties have gone under the initial deposit stage, which we call CTS, and twelve properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: Eight properties sold this past week, and they had an average price of $607,600 and were on the market an average of 113 days. There were 81 status changes in the last week.
FAIRFIELD CT CONDOS: The median price for a condo in Fairfield is $336,750. The 77 condominiums that are available have been listed an average of 117 days, and have an average price of $469,004. The highest list price for a condo in town is $1,075,110 and the lowest priced condominium available is $169,000.
Two new listings came on the market this week, and no homes came back on the market. Two properties had a price change. In the last week, two properties went into CTS status, and three properties went into pending status. No properties closed in the last week. There were sixteen status changes for the week.
RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 112 homes or apartments available. The median monthly price is $2,125 and the average price is $4,049 per month. These year round rental opportunities have been on the market an average of 53 days.
There are five seasonal or summer rentals available throughout Fairfield that have been on the market an average of 151 days, and at an average price of $13,940. The median price of both furnished and unfurnished seasonal rentals is $3,350.
SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics
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