February Market Update

02.2015 Fairfield Snapshot

Fairfield

The number of homes sold for February is 18% higher than in 2014 and 76% higher compared to 2013.  The average sale price has also increased with a growth of nearly 12%. The average days on market has lowered by approximately two weeks while the sale to list price ratio has remained stable.  There are currently 383 homes on the market in Fairfield and a nine month supply of inventory.  While it is certainly too early to draw final conclusions about the direction of the 2015 marketplace, there are some very positive signs.  Please don’t hesitate to contact me with further questions.

Information based on Single Family Homes statistics provided by the GFC Consolidated Multiple Listing Service as of  3/6/15.

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Leann Ratner, Realtor | licensed in the state of CT | William Raveis Real Estate | Al Filippone Associates | 75 Station Street, Southport, CT 06890 | Page last updated: March 16, 2015 @ 6:25 pm