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Fairfield Homes For Sale Trend 2008

By
Real Estate Agent with William Raveis Real Estate - Fairfield, CT

Homes for Sale in Fairfield

We can see for the first four months of the year, the inventory of homes for sale is starting to climb.  We saw these numbers drop last year as we sold off the homes that accumulated during 2006.  After a brief drop, we are seeing the number of homes for sale climb again.  The primary cause is the same - lower sales.  The silver lining - this is a great time to buy with some of the lowest interest rates and best variety of homes on the market. 

We will keep tracking these numbers over the next months to see if the trends continue....

 

 

2007

2008

 

Jan

355

316

-11%

Feb

409

340

-17%

Mar

417

372

-11%

Apr

449

447

0%

May

492

 

 

Jun

507

 

 

Jul

474

 

 

Aug

445

 

 

Sep

420

 

 

Oct

441

 

 

Nov

416

 

 

Dec

378