Fairfield County

April 2020 Report

March Home Sale Statistics
The world has certainly changed in the past month. Real estate is a people business, but technology is now replacing the human connection while we navigate our way through these challenging times. The March numbers below are a reflection of activity in January and February. We will have to wait for the April numbers to see the real impact this health and economic crisis has had on our real estate market. Homes are still coming on the market and transactions are still being processed, thanks to the many virtual tools we have available, but the numbers will definitely look different next month. The "Helpful Info" tab on my website has information related to real estate and the Coronavirus. For all Connecticut updates on the Coronavirus, visit the state website .
March 2020 Home Sale Report
as reported by the SmartMLS
Quick recap : Total sales for March were 267, up from last month by 67. All towns saw an increase except Weston which was slightly down. The average time it takes to sell a home was back to more normal levels of about 150 days. Sales over $2.0 million accounted for about 9% of all transactions, and sales below $1.0 million were about 70%.

Real estate is local and varies between each town, area and price point.
For more specific information on your town or neighborhood, contact me.

Highest Sale for March
293 Chapman Lane, Greenwich
Sale price: $5,100,000
Original asking price: $6,295,000
Days on the market: 522

Built in 2018, this classic new Colonial-style home sits on approximately 1.50 acres of land and features almost 8,000 square feet of living space, 16 rooms, 6 bedrooms, 7 full baths, 2 partial baths and 4 fireplaces. Listed and sold by Houlihan Lawrence.
Lowest Sale in March
1500 Melville Avenue, Fairfield

Sale price: $249,000
Asking price: $249,000
Days on the market: 19

Built in 1939, this Cape style home sits on .14 acres of land and features almost 1000 square feet of living space, 7 rooms, 3 bedrooms, and 2 full baths.
Listed and sold by Coldwell Banker.
All styles, sizes and budgets. Fairfield County has something for everyone.

Stay Safe. Stay Home. Stay Healthy .

Elizabeth Tardif, REALTOR
Connecticut Real Estate Broker