Fairfield Metro Train Station - FAQS - 04/27/12 04:54 PM
TRAIN STATION IS NOW OPEN - Regular train service began from the Fairfield Metro Station on Monday, December 5, 2011.
FIRST NEW MAIN TRAIN STATION IN 100 YEARS - According to the MTA website this is the first new main line station in Fairfield County on the New Haven Line in more than a century.
ADA ACCESSIBLE - the train station was designed to be ADA-accessible unlike the downtown Fairfield train station
PARKING - A surface lot parking facility that has approximately 1,400 spaces. (The Connecticut Department of Transportation owns the station and will have a property management firm maintain the entire … (1 comments)

JUST REDUCED Designer Co-op in Historic Black Rock Complex - $101,000 - 04/27/12 03:40 PM
… (3 comments)

JUST REDUCED Nantucket Shingle Style Home with Water Views $1,124,000 - 04/27/12 06:00 AM
… (2 comments)

Black Rock Homes for Sale - 04/25/12 07:27 AM
Map these properties   Powered by RealBird.com … (2 comments)

Fairfield County Market Trend Charts Are Now Color Coded - 04/22/12 07:04 PM

 
I hope you like the look of the new Market Trends reports.  In order to help you understand the market at a glance, I've used color coding to show improvements across comparison data (green),  weakening of the market (orange), or no change (yellow). 
By scanning the colors of the charts, you can scroll through the Fairfield County towns covered in these reports and get a sense of which areas are gaining strength or weakening.  Areas covered include: Darien, Easton, Greens Farms (area of Westport), Monroe, New Canaan, Norwalk, Rowayton (area of Norwalk), Shelton, Stratford, Trumbull, Weston, Westport, and … (4 comments)

Trumbull Connecticut Market Trends - March 2012 - 04/22/12 06:45 PM

 
TRUMBULL
Market Trends Report
March 2012
 

The Trumbull, Connecticut real estate market is strengthening.  It is still a Buyers Market, but the three month comparison shows that list and sales prices are increasing and the Average List to Sales Price is one of the highest in Fairfield County.
The amount of inventory that the market can absorb is also not improving. We use the 12 month absorption rate (see chart above) to determine inventory absorption, which means that it would take about 9-10 months to sell every home currently on the market in Trumbull. This is actually better than most … (0 comments)

Stratford Connecticut Market Trends - March 2012 - 04/22/12 06:35 PM

 
STRATFORD
Market Trends Report
March 2012
 

The Stratford, Connecticut real estate market is still trending down. The numbers in the chart above show that both the number of sales and sale prices have been declining.
The amount of inventory that the market can absorb is down significantly. We use the 12 month absorption rate (as shown in the chart above)to determine inventory absorption, which means that it would take about 8-9 months to sell every home currently on the market in Stratford. This is better than most towns in Fairfield County.
Although it is still a Buyers … (0 comments)

Weston Connecticut Market Trends - March 2012 - 04/22/12 06:29 PM

 
WESTON
Market Trends Report
March 2012
 

The Weston, Connecticut real estate market is still trending down. The latest 3 month comparison shows that both the number of sales and sale prices are still declining.
The amount of inventory that the market can absorb is still low. We use the 12 month absorption rate (see chart above) to determine inventory absorption, which means that it would take about 14-15 months to sell every home currently on the market in Weston. This is slightly higher than most other Fairfield County towns.
Although it is still a Buyers Market in Weston, this … (0 comments)

Wilton Connecticut Market Trends - March 2012 - 04/22/12 06:22 PM

 
WILTON
Market Trends Report
March 2012
 

The Wilton, Connecticut real estate market held has been slowing over the past 12 months. The chart above show that both the number of sales and sale prices are declining.
The amount of inventory that the market can absorb is down significantly. We use the 12 month absorption rate (see chart above) to determine inventory absorption, which means that it would take about 15-17 months to sell every home currently on the market in Wilton.
It is still a strong Buyers Market in Wilton, more so than many other Fairfield County towns.  … (0 comments)

Westport Connecticut Market Trends - March 2012 - 04/22/12 05:52 PM

 
WESTPORT
Market Trends Report
March 2012

The Westport, Connecticut real estate market is improving and much more rapidly than most other towns in Fairfield County. Both the number of sales and market prices have risen over the past six months.
The amount of inventory that the market can absorb is down as well. We look at the absorption rate over a 12 month period (see chart above), which means that it would take about 12-13 months to sell every home currently on the market in Westport.
Although it is still a Buyers Market in Westport, thegreen areas … (0 comments)

Shelton Connecticut Market Trends - March 2012 - 04/22/12 05:29 PM

 
SHELTON
Market Trends Report
March 2012
 

The Shelton, Connecticut real estate market has continued to show signs of picking up within the past 3 months. The 3 month comparison shows that sale prices are on the rise.
The amount of inventory that the market can absorb has decreased over the past 3 and 6 months. We use the 12 month absorption rate (see chart abover) to determine inventory absorption, which means that it would take about 12 months to sell every home currently on the market in Shelton.
Although it is still a Buyers Market in Shelton, the … (0 comments)

Rowayton Connecticut Market Report - March 2012 - 04/22/12 05:22 PM

 
ROWAYTON
Market Trends Report
March 2012
 
 

 
The Rowayton, Connecticut real estate market has show an uptick over the past three months in almost all indicators, including Sales Price and Number of Homes Sold.  Given the small number of sales in this market area, market statistics are dramatically affected by additional few sales and a few direct waterfront home sales can change the average price.
The amount of inventory that the market can absorb declined over the past 12 months. We use the 12 month absorption rate instead of the 3 or 6 month rate to determine inventory absorption, which … (0 comments)

Norwalk Connecticut Market Trends - March 2012 - 04/22/12 05:09 PM

 
NORWALK
Market Trends Report
March 2012
 

 
The Norwalk, Connecticut real estate market has started to pick up in the past three months.  Although Days on Market is still increasing and the List to Sales Price ratio is declining, the increase in List Price and Sales Price are positive signs of movement towards a more balanced market.
The amount of inventory that the market can absorb continues to decline. We use the 12 month absorption rate instead of the 3 or 6 month rate to determine inventory absorption, which means that it would take about 13-14 months to sell every home currently on … (0 comments)

New Canaan Connecticut Market Trends - March 2012 - 04/21/12 07:53 PM

 
NEW CANAAN
Market Trends Report
March 2012
 

The New Canaan, Connecticut real estate market is not showing signs of picking up yet. Both the number of sale and prices prices continue to trend downward. 
TWe use the 12 month absorption rate instead of the 3 or 6 month rate to determine inventory absorption, which means that it would take about 15 months to sell every home currently on the market in New Canaan.
Thinking of buying or selling in New Canaan, Connecticut, call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
… (0 comments)

Monroe Connecticut Market Trends Report - March 2012 - 04/21/12 07:47 PM

 
MONROE
Market Trends Report
January 2012
 

Monroe is still a strong Buyer’s Market and the trend analysis above shows that the only positive indicator is an increase in the List to Sales Price ratio. The number of homes sold is slowing down, which is not unusual for this time of year as the Spring sales have not closed, but the decreasing Sales Price and longer Days on Market suggest that the Buyer’s Market has gotten stronger over the past six months. Thinking of buying or selling in Monroe, Connectiut, call Gail Robinson, REALTOR, at 203-521-0768 for a … (0 comments)

Greens Farms Connecticut Market Trends - March 2012 - 04/21/12 07:29 PM

 
GREENS FARMS Market Trends Report March 2012  
 
The Greens Farms Connecticut real estate market consists of 2-3 sales per month, so we cannot draw any stable conclusions from the data, however the increase in Average List Price, Average Sales Price, and fewer Average Days on Market are hopeful indicators for Sellers that the market begins to shift to a more balanced market. There is currently 12.4 months supply of single family homes in Greens Farms. Six month’s supply or less indicates a Seller’s market so Greens Farms is still firmly in a Buyer’s Market at present.
Thinking … (0 comments)

Fairfield Connecticut Market Trends Report - March 2012 - 04/21/12 07:10 PM
 
 
FAIRFIELD
Market Trends
March 2012

 
The Fairfield Connecticut real estate market is showing signs of improvement in Average List Price and Sales Price for the past three months. It would take 12.7 months to sell off all the inventory in Fairfield (the 12 month’s rate is used), but this isn’t out of line with other towns in Fairfield County.It is still a strong Buyer’s Market in Fairfield. (A balanced market is six months of inventory and less than six months is a Seller’s Market.)
Very few towns in Fairfield County have shown price increases in the past … (0 comments)

Easton Connecticut Market Trends Report - March 2012 - 04/21/12 06:54 PM

 
 EASTON
Market Trends
March 2012
 

 
 
Easton, Connecticut home sales are still in in a Buyer's Market. As you can see from the graph above, the Average Number of Homes Sold per Month has slowe to 3.7 homes. Months Supply on Market was rising, but has leveled off over the the past three months. Both Average List Prices and Average Sales Prices have declined over the past year. It would take 22.3 months to sell off all the inventory on the market (based on the 12 month rate). This means only about a quarter of the … (0 comments)

Darien Connecticut Market Trends Report - March 2012 - 04/21/12 12:20 PM

 
 DARIEN
Market Trends
March 2012
 
 
Darien, Connecticut is currently a strong Buyer's market with 12-13 months of inventory (based on absorption rates over the past 12 months). Prices have continued to decline over the past 12 months and fewer homes sold.
The amount of orange areas on the chart above shows at a glance that we are still clearly in a Buyer’s Market. The Average Number of Homes Sold per Month for single family homes has slowed, Months’ Supply on Market is rising as fewer homes sell, and both Average List Prices and Average Sales Prices have … (0 comments)

The Buyer Who Planned to Outsmart the Buyer Agency System - 04/17/12 06:47 PM
About six months ago I received a phone call from a couple who were relocating from California to Connecticut and wanted to buy a home in my market area. They said they never sign up with buyer agents and only work with the listing agent so that they can get a better deal. I explained to them that it doesn't work that way here, but they insisted that this was how they planned to get a bargain. Being the curious person that I am, I stayed in touch with them and followed their progress. To their credit they've been remarkably open … (74 comments)

JUST LISTED Spacious Center Hall Colonial in Black Rock Near Water for $369,000 - 04/14/12 05:42 AM
… (5 comments)

3 Ways To Help Determine If Values Are Declining Or Increasing - 04/05/12 06:09 AM
My market area is very small, just over one square mile, so it's sometimes tough to come up with the number of comparables homes in the time period that Fannie Mae requires.  Home prices are artifically held down by lender appraisals in my area.  As listing agents we have to be aware not only of what BUYER'S WILL PAY for a home, but what the LENDER WILL APPRAISE the home for.  Sometimes the difference can be large enough for the transaction to fail.  NAR announced that 30% of Pending sales contracts failed due in part to low appraisals.
Via Michael S. Bolton-MN Appraiser … (8 comments)

 
Gail Robinson, REALTOR, e-PRO Fairfield County, CT (William Raveis Real Estate, Southport, CT) Rainmaker_large

Gail Robinson, REALTOR, e-PRO Fairfield County, CT

Fairfield, CT

More about me…

William Raveis Real Estate, Southport, CT

Address: 2525 Post Road, Southport, CT , 06890

Cell Phone: (203) 521-0768

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