Fairfield County

Real Estate
September 2018

Connecticut has been experiencing a population decline, but that is not necessarily the case in Fairfield County. Our population increased by almost 50,000 from 2013 to 2017 while the rest of the state saw a decrease in population. According to the US Census report, over 2500 residents migrated from the New York burroughs to Fairfield County between 2011 and 2015.

Millenials are trying to strike a balance between commuting and affordability and Fairfield County offers the rural, white picket fence neighborhoods and towns where they want to raise their families. With more attractive property tax rates, the comforts of the suburbs and close proximity to New York City, Fairfield County remains a highly desirable destination.

Below are the statistics for the month of August as reported by the SmartMLS.
A total of 431 sales for the month of August were reported in the towns above. The more diverse markets continue to show the lowest market time and highest sales. Sales over $2.0 million accounted for about 9% of the market and about 45% of sales were below the $1.0 million mark. 4 sales over $4.0 million were reported and noted below.

For more specific information on your town or neighborhood, contact me.

Top Sales for August
57 Willowmere Circle, Greenwich
Sale price: $6,495,000

Storybook white colonial built in 1928 and sitting on 1/2 acre overlooking Long Island Sound. Over 3300 square feet of living space with 9 rooms, 4 bedrooms, 3 full and 2 partial baths.

This property was on the market for only 19 days.

6 Pratt Island, Darien

Sale price: $4,990.000

Waterfront property originally built in 1920 and re-built from the ground up. Sitting on .75 acre featuring a shared beach and dock with over 4500 square feet, 9 rooms, 4 bedrooms, 5 full baths and 1 partial bath.
This home was on the market for only 24 days.
17 Midwood Drive, Greenwich
Elegant, sun-filled colonial built in 2000 sitting on 4.50 acres featuring a pool, tennis court and located minutes to town. Over 8400 square feet of living space with 14 rooms, 8 bedrooms 7 full and 1 partial bath.

This home was on the market for only 19 days.
22 Point Road, Norwalk
Spectacular new reconstruction on direct waterfront in the Wilson Point Association with 60' of Long Island Sound shoreline. 5000 square feet of living space with 11 rooms, 5 bedrooms, 4 full and 1 partial bath sitting on .31 acres.

This home was on the market for 558 days originally listed for $4,750,000.
Elizabeth Tardif

CT Licensed Broker
Coldwell Banker Residential Brokerage