Trumbull Home Sales Update

After 9 months, 205 Single Family Homes have been sold in Trumbull.  This makes the Trumbull market one of the hottest around - trailing last year by only 6%.  We are still 31% behind 2007 when 297 Homes sold in this period.

The Average Selling Price is $405,950.  This shows a decline of 13% from last year and 23% from the 2007 Selling Price of $524,515.

There are 187 Homes for Sale today ranging in price from $199,999 for a 3 Bedroom Colonial on Main Street to $1,489,000 for brand new 5825 SF 5 Bedroom Colonial. To see these and all the homes for Sale, please visit www.tetreau.com

This information is provided by the Greater Fairfield County MLS.

Westport Home Sales Update for September 30, 2009

Through the first nine months of the year, 174 Single Family Homes have been sold in Westport. This is down from the 218 Homes that sold in this period last year. It also continues a two year slide - down 47% from the 329 Homes that sold in the first nine months of 2007.

The Average Selling Price is $1,373,394.  This is off 21% from last years $1,732,734.  This reflects the slowness had the higher price segments in the market.

There are 342 Homes the market today.  They range in price from $387,950 for a 3 Bedroom Ranch to $30,000,000 for a Georgian Colonial with 6 Bedrooms sitting on 4 acres on Westport's shoreline.

To see all the homes for sale, please visit www.tetreau.com.

This information is obtained from the Greater Fairfield County MLS

Fairfield Beach Update for September 30, 2009

There have been 49 Single Family homes sold so far this year.  This is down from the 59 that sold last year at this point.  It continues a two year decline from the 89 Homes that sold in 2007 or a 45% decrease in units sold.

The Average Selling Price this year for the Beach Area is $794,113. The Good News is that this represents only a 8% decrease from last year.  It is 15% below the Average Price in 2007 of $986,840.

There are 84 Homes for Sale currently.  We are averaging 7 Homes sold per month for the first 9 months of the year.  This means we have a 12 month inventory of homes or the other way to say it is - The Average Market Time for a home in the Beach Area is 12 months.

The homes for sale range from a small Ranch for $267,000 which just came back on the market to $5,499,500 for a Fairfield Beach Road home that is Direct Waterfront.  To see these and all the homes for sale in Fairfield, just go to www.tetreau.com.

This information is taken from the Greater Fairfield County MLS.

Bridgeport is an interesting Real Estate Market.  Home Sales are running 8% ahead of last year with 330 Homes sold through September 30th of this year.  We are still down from the 410 homes that had sold by this time in 2007.  

It appears that Bargain Hunters are behind this surge in Units Sold.  The Average Selling Price is only $153,157.  This is 27% lower than last year at this time and 40% lower than the 2007 Selling Price of $257,184.  

There are 327 Single Family Homes on the market ranging in price from $29,9000 for a Bungalow to $2.995 Million for a 1929 Georgian Colonial. 

To see all the homes on the market, please visit www.tetreau.com.  

This data is supplied by the Greater Fairfield County MLS.

As of September 30th, 34 Single Family Homes have been sold in Easton. This trails last year by 29%.  It also is only about half the 67 Homes that sold at this point in 2007.  Easton homes are not really designed for or at the price point for First Time Home Buyers so the current Federal Stimulus is not having a significant impact.  

The Average Selling Price for the first nine months of the year is $597,942.  This is 28% below last year's $825,549.  This reflects a continued slowness in the higher end price segments.  

There are 93 Homes on the Market ranging in price from $365,000 for a 2 Bedroom Ranch to $3.6 Million for an 1810 Antique Colonial. To see all the homes for sale in Easton, please visit www.tetreau.com.  

This data is from the Greater Fairfield County MLS.

After 9 months ending September 30, Fairfield has sold 21% fewer homes than for the same period last year.  There have been 343 Closings.  This is approx half the number of homes that sold for this period in 2007 (644 homes).  

The Average Selling Price came in at $724,891 down 10% from last year.  The ASP is off 18% from 2007.

There are 453 Homes for Sale in the Town ranging in price from $215,000 for a Bungalow to $15,500,000 for an 1854 Antique in Southport. To see all the homes for sale, please visit www.tetreau.com.    

These numbers are based on data supplied by the Greater Fairfield County MLS.