I am constantly asked "what is going on with the market"? Seems to be what everyone is talking about. We want to know our values are secure and what may impact our future plans. While there is no crystal ball, the following offers a current snapshot of the lower Fairfield County market. August sales and contracts were mostly flat. I think everyone was taking advantage of these last precious summer days. Good news though, the last two days the phone is ringing again and Internet hits are moving back up, meaning back to business. I'll send you new stats next month, so stay tuned. As always, you can access everything currently on the market at my web site, http://www.homesoffairfieldcounty.com/
| Stamford |
| Single Family Homes 9/1/2005 | 9/1/2006 | % Change |
| Active | 313 | 471 | 50.5% |
| CTS | 45 | 30 | -33.3% |
| Pending | 94 | 73 | -22.3% |
| Sold Aug | 109 | 66 | -39.4% |
| Average Sell Price | 881,279 | 931,498 | 5.7% |
| Condos |
| Active | 227 | 407 | 79.3% |
| CTS | 59 | 39 | -33.9% |
| Pending | 273 | 219 | -19.8% |
| Sold Aug | 86 | 65 | -24.4% |
| Average Sell Price | 345,016 | 344,343 | -0.2% |
| Greenwich |
| Single Family Homes |
| Active | 412 | 510 | 23.8% |
| Pending | 100 | 68 | -32.0% |
| Sold Aug | 96 | 59 | -38.5% |
| Average Sell Price | 2,989,008 | 2,723,697 | -8.9% |
| Condos |
| Active | 88 | 154 | 75.0% |
| Pending | 43 | 27 | -37.2% |
| Sold Aug | 16 | 21 | 31.3% |
| Average Sell Price | 1,059,431 | 1,016,568 | -4.0% |
;)
;)
Victoria the Real Estate Princess,
How are you? Thanks for putting up the Fairfield County Real Estate stats to confirm to everyone on ActiveRain that our homes are piling up on one another. What a slow market, it is really starting to depress me a bit. I am a hard worker and I love being super busy.
So when are we going to team up? Got any Marketing ideas? Any loan officers dream is to be able to work with you and your Mom.
Great to see you active here on A/R!
Always,
Nima
http://www.MyNima.com
203.913.6016