August 24, 2020
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July 2020
Ridgefield Market Report
  • New Listings  99 +94.1% YTD 476 -6.5% Under Last Year
  • Closed Sales 72 +75.6% / YTD 229 +20.5% Over Last Year
  • Pending Sales 80 +122.2% / YTD 273 +32.5%
  • Median Sales Price $640,500 - 5.1% / YTD $635,000 0%
  • Avg Sales Price $700,203 -5.1% / YTD $741,536 +5.7%
  • Days on Market 127 + 71.6% YTD 119 + 28.0%
  • Inventory on Market (7/31/2020)  247 -19.8%

Current as of August 13 , 2020. All data from SmartMLS.
“The housing market is well past the recovery phase and is now booming with higher home sales compared to the pre-pandemic days,” says NAR Chief Economist Lawrence Yun. “With the sizable shift in remote work, current homeowners are looking for larger homes—and this will lead to a secondary level of demand, even into 2021.”
July marked the second consecutive month that year-over-year sales and median home prices grew in each of the four major regions of the country, NAR reported. Read The Good News
A Third of REALTORS® say They’re Busier Now Than a Year Ago.
3 Ridgefield REALTORS Received Storm Relief Grants from the CT REALTORS Care Foundation
Now Is the Time to Plan How You’ll Vote
Learn your voting options and the deadlines
  • Expect complications on election day.
  • Check state, county & town websites for voting options.
  • Before the end of August, make a plan
The CT REALTORS Care Foundation's 5th Annual "Dog Days of Summer" campaign is underway! This year, members have the option of purchasing pet food/supplies via Amazon "wish lists" that can be shipped directly to the rescues or making a cash donation that will be split between our 3 benefitting rescues. Click Here to help CT's furry friends in need today!
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