The number of homes sold for January is 59% higher than in 2014 and has more than tripled since 2013. The average sale price has also increased with a growth of 15%. The average days on market is relatively stable. The sale to list price ratio has increased to 95.1%.
There are currently 386 homes on the market in Fairfield and an eight month supply of inventory – an ideal balance of sellers and buyers.
Fairfield | 2015 | 2014 | 2013 | (from 2014) | (from 2013) |
---|---|---|---|---|---|
Average List price of All Homes | $1,066,455 | $1,110,995 | $1,196,777 | -4.01% | -10.89% |
Average List price of Sold Homes | $967,691 | $853,621 | $710,235 | 13.36% | 36.25% |
Average Sale Price | $919,907 | $800,014 | $670,919 | 14.99% | 37.11% |
Average days on Market | 102 | 103 | 96 | -1 | 6 |
# Homes Sold | 46 | 29 | 17 | 59% | 171% |
List/Sale Price Ratio of Sold Homes | 95.1% | 93.7% | 94.5% | 1.3 | 0.6 |
Homes for Sale in Fairfield, CT
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