Fairfield County

Real Estate Report

 AUGUST 2019

What turns Home Buyers on today?
1. Smaller interiors, open spaces, smaller lots
2. Properties that are less "house centric", more "lifestyle rich"
3. New technology - smart home features, energy efficiency

Here's how the Local Home Sales turned out for
the month of July
(as reported by the SmartMLS)
Quick recap : Home sales for the area were up for the 3rd month in a row - 31 more sales than last month. The most significant increases were in Fairfield and Weston. Sales in Norwalk and Darien were down from last month. Homes in Greenwich, Westport, New Canaan and Wilton, respectively, experienced the longest market times. Sales over $2.0 million accounted for about 8% of all transactions. Sales below $1.0 million remain at about 68% which is typical for this market.

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

Top Sale in July
4 Lauder Way, Greenwich
Sale price: $8,300,000
Original asking price: $12,000,000
Days on the market: 740

Built in 1937, this brick Georgian Colonial is situated on over 3 acres of land and offers over 9600 square feet of living space, 17 rooms, 7 bedrooms, 7 full and 2 partial baths, and 5 fireplaces.
Lowest sale for July
20 SouthStreet, Norwalk

Sale price: $205,000
Asking price: $214,000
Days on the market: 17

A Victorian style home built in 1882, offering over 1500 square feet of living space, 9 rooms, 2 bedrooms, and 1 full bath. The home sits on about .13 of an acre and is located on a dead-end street.

Elizabeth Tardif

CT Licensed Broker, REALTOR
Coldwell Banker Residential Brokerage