FAIRFIELD COUNTY, CT REAL ESTATE MARKET 2015

May 19, 2015 scroll to read ...
Fairfield County, CT showing slight increases in sales and inventory for spring market 2015.

FAIRFIELD COUNTY, CT REAL ESTATE MARKET 2015

LIVING IN FAIRFIELD COUNTY, CONNECTICUT

Fairfield County (FFC), Connecticut, is known as one of the most desirable areas in Connecticut, as well as the entire United States.

There are 23 towns located in this beautiful area just north of New York City. These are: Bethel, Bridgeport, Brookfield, Danbury, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, New Fairfield, Newtown, Norwalk, Redding, Ridgefield, Shelton, Sherman, Stamford, Stratford, Trumbull, Weston, Westport, Wilton.

The number of sales for the past three years shows a cyclical movement. Generally, home sales will increase during the spring market which begins in January/February and runs through May. Those sales will close 30-90 days out, anywhere from April through July. Sales tend to decrease during the summer and around the holidays which contributes to the upward/downward trends.

The graph above shows the average sale prices for Fairfield County based on the number of sales made for that month. Sale prices have been slightly increasing from 2012.

Monthly sales for 2015, compared to the last three years, has been on the increase. April sales, however, are slightly down due to the brutal winter we experienced this year.

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