Fairfield CT Market Update: October 2013

buy me banner

The Scoop on the Stats

More homes are changing hands. 595 single family homes have successfully sold from January 1 – October 31, 2013, compared with 525 homes during the same time in 2012.

Home prices are on the rise. The average selling price for a single family home in 2013 (year to date) was $742,034, up almost 9% from $681,492 in 2012 during the same period.

Homes are selling about 23% faster on average compared to last year. Single family homes in Fairfield stayed on the market for an average of 137 days from January 1- October 31 of 2013 compared to 178 days in 2012 during the same period.

Homes are selling closer to asking price than they were last year. The sale price to list price ratio from January 1- October 31 of 2013 was 96.9%, up from 95.9% during the same time in 2012.

Fairfield Market Update


pricing
© 2018 Denise Walsh, Realtor licensed in the state of Connecticut · Last modified: 01 November 2013 · Log in · IDX · real estate web: darrylo