MARCH 2021
Real Estate Update


Elizabeth Tardif

Could the limited inventory, low interest rates and high demand be fueling a level of unhealthy FOMO buying? Real estate is a significant investment. Keeping personal goals in focus is paramount to a good decision. The current market conditions can easily trigger fear of missing out emotions. Check out this interview to hear more......
Quick recap on our local market: Sales for February were 311, down from January by 47. Median selling prices were up in some towns and down in others. Time to sell a home increased in all towns except Weston and Westport. Sales above $2.0 million accounted for about 20% of the total sales which has increased for the third month in a row. Sales below $1.0 million were at 55%, which is below the normal range.
February 2021 Single Family Home Sale Report
As reported by the SmartMLS
Real estate is local and varies between each town, area and price point.
For more specific information on your area of interest, contact me.

To view previous month statistics, click here.
Highest Sale for February
751 Lake Avenue, Greenwich

Sale price: $7,495,000
Asking price: $7,495,000
Days on the market: 183

Built in 2013 this classic Connecticut home sits on 2.34 acres of land and features over 7600 square feet of living space, 14 rooms, 6 bedrooms, 7 full baths, 3 partial baths and 5 fireplaces.
Lowest Sale for February
5 Mather Street, Wilton

Sale price: $201,000
Original Asking price: $190,000
Days on the market: 15

Built in 1934, this Colonial style home sits on .34 acre of land with over 1900 square feet of living space, 7 rooms, 4 bedrooms and 2 full baths. This property was sold primarily for the land value as the home was in considerable disrepair.
Fairfield County's highly diverse real estate market has something to suit every budget, lifestyle and purpose.

Elizabeth Tardif