SHARE:  
2024 Ridgefield newsletter


I love fresh starts, don't you?

The BIG buzz in the real estate world is what's going to happen next?

As we glide into the new year, I am super optimistic about the market. I believe it will be calmer, but still busy without the drama. Buyers have gotten used to the higher mortgage rates, which will fluctuate between 6-7% throughout the year. There will be a increase in inventory because sellers will literally "move on," and the median home price will start to slip because of overzealous sellers, causing more opportunities for buyers.

Advice to buyers: be prepared and get a fresh pre-approval letter from your lender. Additionally, update your REALTOR® if anything has changed on your end.

Advice to sellers: it is time to start preparing, get a price opinion on your home, and get the home show-ready.




Here are the key takeaways for 2022 vs 2023 YoY


SINGLE FAMILY SNAP SHOT

Median sales price 425K to 460K 8.2%

New Listings -32.1%

Units Closed -32.3%

Median List Price - 2.7%


CONDO SNAP SHOT

Median Sales price 335K to 339K 1.2%

New Listings - 20.6%

Units Closed -31.9%

Median List Price - 1.5%



 Buying?

 We have access to a fabulous program called

"Time to Buy"

Designed especially for first-time home buyers who live in CT. Send me a note below to request information.




Contact Annmarie


Start Searching for your Dream Home Now!


REALTORS®

This is who we are

Contact Annmarie

See What's Selling In Danbury

Click here to compare Q4 2023 to Q4 2022

December Single Family Homes Sold

December Condos Sold

Start Searching for your Dream Home Now!

Like Us on Facebook @blackstonect

Follow Us on Instagram @livinginridgefield


It really is the best time to sell

Never too early about prepping your home for sale. We work with a variety of industry professionals to get your home looking its best prior to selling. Give us a call today and take advantage of this hot selling market.


Blackstone Properties of CT Ridgefield CT Sell my house
What is my home worth?


Keeping your resolutions this year

Tips from NPR's Life Kit
Ridgefield real estate realtor

Start planning your 2024 getaways!

Fun destinations from Lonely Planet

New CT laws starting January 1st

Learn more!
Mortgage Rates Danbury CT
Mortgage Questions? Ask Dana



Net Work Sheet

Ridgefield Real Estate
Blackstone Properties of CT
Happy People
Free Home Evaluation

November Newsletter

October Newsletter

September Newsletter

Facebook  Twitter  Instagram  Linkedin