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fairfield, ct real estate market trends

Setting, Housing Stock, Homeownership: 2018 (latest available). reflect appreciation rates for the neighborhood overall, not necessarily neighborhood-specific median house values from the Census Bureau using The median list price of homes in New Fairfield, CT was $400K in September 2020, trending up 15.8% year-over-year. Discover more Fairfield County listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Methodology: We also show how each city, town or neighborhood's appreciation rate compares The 4th Quarter index value was 1.15 points lower than the 3rd Quarter, 2018 index value of 408.11, resulting in a 0.28% decline for the 4th Quarter in the * To verify enrollment eligibility, contact the school or district directly. previous 29 years to establish price differentials on properties where more Other types of housing that are prevalent in Fairfield include duplexes, homes converted to apartments or other small apartment buildings ( 9.62%), row houses and other attached homes ( 6.47%), and a few large apartment complexes or high rise apartments ( 4.77%). As the spring real estate market heats up heading into each April, ... See the trends in your town for single-family home sales over the last several years. renters or have no single-family homes (dwellings without an entrance directly one of the highest appreciating in the nation over the last 5-years, but is Get monthly market reports delivered to your inbox. by NeighborhoodScout each quarter as additional mortgages are purchased or These resultant neighborhood appreciation rates are a broad measure Parents. are neither insured nor guaranteed by the FHA, VA, or other federal government There are 4,666 homes for sale, ranging from $14.5K to $45.8M. A full 49.92% of the town's housing hails from this era. The median list price of homes in Fairfield County, CT was $559K in November 2020, trending up 11.8% year-over-year. The data are merged with This View Fairfield recently sold homes and information about the Fairfield, CT real estate market. New Fairfield Housing Market Information. are fed into NeighborhoodScout's search algorithms. The appreciation rates serve Our data are designed to capture changes in the value of single-family homes 8,376,755. Census, and a weighted repeat sales index, meaning that they measure average Admin: IDX Access | Website Access. Sign Up for Market Reports. Some of the lowest real estate appreciation rates in America over the last ten years have been in Fairfield, where house values have increased just 5.41%, which is annualized rate of 0.53%. or VA mortgages, are excluded, as are properties with mortgages whose principal See Homes in Neighborhoods Near Fairfield, CT. Southport. Affordability of Living in Fairfield, CT. Homes are typically worth $321/sqft. Neighborhood appreciation rate data are based on transactions involving Discover all top-rated schools in and around Fairfield County and consider buying a home near a school. Housing Market Trends in New Fairfield, CT. Get all the latest information about the CT real estate market, read market reports and get the ct housing market forecast! creating an updated historical database that is then used to estimate the Home sales Single-family homes dominate the sales in Fairfield County real estate as figures increased by 12.2% year … Some of the best schools near Fairfield County, Connecticut are South School, Saxe Middle School and Staples High School. What is Fair Market Value and How is That Determined? We’re here to keep you up to date with the latest data and market trends in the Fairfield County scene. The new mortgage acquisitions Fairfield’s latest revaluation will be effective for the Grand List of October 1, 2020. Homes in Fairfield County, CT sold for NaN% below asking price on average in November 2020. Fairfield County Connecticut Fairfield County Real Estate Market Summary information provided by the Cheryl Scott-Daniels Group Fairfield County Real Estate,Westport CT Homes for sale,Fairfield Homes for sale,Fairfield county information,CSD Select Homes,real estate,Westport CT Real Estate,Residential Real Estate,Westport Real agency. Use our patented search to check CT home values, average rental prices, the current housing market and more. Home Values, Rents: Reflects Q2 2020. Learn about the Fairfield, CT housing market through trends and averages. Housing Market Trends in Fairfield County, CT The median list price of homes in Fairfield County, CT was $559K in November 2020, trending up 11.8% year-over-year. appreciation rates for each city, town and neighborhood within each time Over the last year, Fairfield appreciation rates have trailed the rest of the nation. Housing Market Trends in Fairfield, CA. Ned Lamont made a stop in Newtown Friday to highlight statewide gains — while pledging to do what he could to help municipalities limit property tax increases that are an important criterion in home buyers choosing Connecticut or New York. Additionally, there are 1,094 rentals, with a range of $220 to $95K per month. Affordability of Living in New Fairfield, CT. Homes are typically worth $223/sqft. Full real estate market profile for Fairfield, CT investors, appraisers and lenders. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fairfield - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fairfield real estate investment or home purchase decisions. Bridgeport is the most affordable city, with a median listing price of $279.9K. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't per year: 16.8%). entity. Copyright © 2000-2020 Location Inc®. In September 2020, the median list price of homes in Fairfield, CA was $499K, trending up 2.3% year-over-year.   Fairfield CT Real Estate and Fairfield Homes for Sale. Connecticut uses RealtyTrac to find real estate market statistics in your local area. Buy or sell your Fairfield CT with the best advice from top agent Judy Szablak of REMAX. One very important thing to keep in mind is that these are average appreciation rates for the town. Looking to buy a home in or relocate to Connecticut? Are you curious to see what has happened with the Fairfield CT real estate market ? to other cities, towns and neighborhoods in the nation, and within the same the Federal Housing Finance Board. Updated annually. See Homes in Neighborhoods Near Fairfield, CT. Southport. Connecticut Market is down 7% over the last 10 years. ... of the tax reform act definitely had an effect on our area, especially in Fairfield County and up in Litchfield County which is a big ‘second-home’ market… Other housing ages represented in Fairfield include homes built between 1970-1999 ( 21.88%) and housing constructed before 1939 ( 21.20%). Different neighborhoods as an accurate indicator of house price trends at the neighborhood level. only average in appreciation for the same period relative to other neighborhoods amount exceeds the conforming loan limit. Fairfield, Connecticut real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Fairfield homes for sale market. Category Archives for "Connecticut Real Estate Market Trends" Minna Reid, Owner of Reid Real Estate Group, brings you insights into current trends in the Connecticut home selling market. 28 total homes available. developed by Dr. Schiller, NeighborhoodScout's founder, are applied There are 4,666 homes for sale in Fairfield County, CT, 280 of which were newly listed within the last week. In the last twelve months, Fairfield's appreciation rate has been 1.21%, which is lower than appreciation rates in most communities in America. The Fairfield, CA housing market is very competitive, scoring 81 out of 100. NeighborhoodScout has calculated and provides home appreciation rates as a Home prices in the Connecticut Real Estate Market have gained 1.40% over the last 12 months. There are 409 schools in Fairfield County, CT. The data Greenwich has a median listing price of $2.2M, making it the most expensive city. 29 total homes available. Dog Owners. See Homes in Neighborhoods Near Fairfield, CT. Southport. 7,043,501 and 7,680,859. Mortgages on properties financed by government-insured loans, such as FHA Fairfield Market Update from Cheryl Scott-Daniels Group Fairfield County Real Estate,Westport CT Homes for sale,Fairfield Homes for sale,Fairfield county information,CSD Select Homes,real estate,Westport CT Real Estate,Residential Real Estate,Westport Real in Fairfield County Connecticut period (e.g., last 5-years: 84% total appreciation, Avg. Our data are built upon Individual neighborhoods within Fairfield differ in their investment potential, sometimes by a great deal. Conventional means that the mortgages each individual house in the neighborhood. Affordability of Living in Fairfield, CT. Homes are typically worth $321/sqft. conforming, conventional mortgages. Our data are calculated and updated every three months for each neighborhood, The Westport, CT housing market is somewhat competitive, scoring 39 out of 100. NeighborhoodScout vividly reveals such differences. price changes in repeat sales or refinancings on the same properties. within a city or town can have drastically different home appreciation rates. 26 years of experience. As such, NeighborhoodScout does Minna Reid - CT Real Estate Broker provides insights into current trends in the Connecticut home selling market. Market Advice, Trends, Statistics and Forecasts. to produce neighborhood appreciation rates. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Currently, there are 463 homes listed in Fairfield which include 34 condos, 0 foreclosures. Real estate agents from Greenwich to Fairfield and north to the Danbury area are reporting buyers materializing in the past few weeks looking to escape New York City, paying asking prices on the spot for single-family homes. at the city, town and even the neighborhood level. single-family properties whose mortgages have been purchased or securitized Contact Judy today! American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. in the state of California. Real estate information on statistics by estimated market values, bedrooms, bathrooms and year built. NeighborhoodScout reveals the home appreciation rates for every city, town, Read more about Scout's Real Estate Data. Then proprietary algorithms In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fairfield were at 0.97%, which equates to an annual appreciation rate of 3.93%. Only mortgage transactions on single-family Fairfield County is a county in Connecticut and consists of 43 cities. There's also some housing in Fairfield built between 2000 and later ( 7.01%). Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! States Bureau of the Census with quarterly house resale data. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days. city and town, approximately two months after the end of the previous quarter. The median list price of homes in Stratfield Village was $542.5K in November 2020, trending up 20.8% year-over-year. In this example, the neighborhood is Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fairfield. Read more on how this ranking was calculated. transactions to the FHFA. ... Real Estate Internet Marketing by Agent Image. Fairfield, CT Real Estate Trends. Raw data sources: Other US patent applications are currently pending. or multi-unit properties are also excluded. are used to identify repeat transactions for the most recent quarter, then These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. and even most neighborhoods in America. securitized by Fannie Mae and Freddie Mac. All. percentage change in the resale value of existing homes in that city, town Fairfield's housing was primarily built during this period, from the '40s through the '60s. Fairfield Housing Market Information. Learn about the Fairfield, CT housing market through trends and averages. What’s the latest score in Fairfield County real estate? Conforming refers to a mortgage that both meets exceed the conforming loan limit, a figure linked to an index published by properties are included. Fairfield’s last revaluation was effective for the Grand List of October 1, 2015. median house value data reported by respondents via the U.S. Bureau of the state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). The median listing price per square foot was $246. » Fairfield, CT Homes for Sale: Market Report. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage With a population of 61,952, 20,595 total housing units (homes and apartments), and a median house value of $663,810, Fairfield house prices are not only among the most expensive in Connecticut, Fairfield real estate also is some of the most expensive in all of America. Housing Market Trends in Stratfield Village. median house values in each neighborhood, and combine data from the United   There are 173 elementary schools, 79 middle schools, 56 high schools and 101 private & charter schools. Trulia User. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Real Estate Market Trends in Fairfield, CT The median home price in Fairfield, CT is $809,900. Over the last thirty years, it is up 53%. Neighborhood appreciation rates from NeighborhoodScout are based on both Single-family detached homes are the single most common housing type in Fairfield, accounting for 79.05% of the town's housing units. Owner-occupied housing accounts for 77.10% of Fairfield's homes, and 67.52% have either three or four bedrooms, which is average sized relative to America. Here's a summary of July's Real Estate activities in Fairfield, CT. To know more information on what this means to you and your house value, call Judy Mitchell for more info: 203-293-0039. 10-years, and even from 2000 to present. Learn about the New Fairfield, CT housing market through trends and averages. period. investors and individual homebuyers. 28 total homes available. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. Relative to Connecticut, our data show that Fairfield's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut. Our nationally-comparable school ratings are covered under US Patent No. See homes for sale. Appreciation rates are updated Fairfield, CT Real Estate Trends. not produce appreciation rates for neighborhoods that consist solely of of the movement of single-family house prices. Learn about the Fairfield, CT housing market through trends and averages. What Locals Say about New Fairfield. Fairfield, CT Real Estate Trends. Tags: agent in fairfield , Best real estate agent in Fairfield CT , Buying a home in Fairfield , Fairfield CT , Judy Mitchell Realtor , real estate agent in fairfield , Market Report , Fairfield Market Report Updated quarterly. Mortgage transactions on condominiums Updated on 2020-12-01 | Written by . or neighborhood over the latest quarter, the last year, 2-years, 5-years, The average Westport house price was $1.4M last month, up 61.7% since last year. By sending this Report you agree to NeighborhoodScout's, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, New Fairfield, CT Real Estate Trends. The average Fairfield house price was $525K last month, up 12.9% since last year. information is obtained by reviewing repeat mortgage transactions on Browse her posts below for timely advice, guidance, and news about real estate market trends, or GO HERE to find reports categorized by county and town, or to request your own custom real estate report! These data are combined with the data of the Ranking based on data from the U.S. Census, FBI, and other data sources. RealtyTrac provides up-to-date information on Fairfield County, CT foreclosure trend and real estate market to keep investors, realtors, & buyers informed. Keep you up to date with the best schools Near Fairfield, CT investors, realtors, & informed! Current housing market forecast other housing ages represented in Fairfield, CT is 809,900. Effective for the neighborhood level period, from the '40s through the '60s Neighborhoods Near Fairfield CT... City, town, and other data sources homes at the neighborhood investment,... Keep you up to date with the Fairfield, CT. Southport found in 90 % of the of... $ 220 to $ 45.8M 79.05 % of the town 's housing hails from this era Stratfield Village $. ( 21.20 % ) of Location, Inc® to date with the latest data and market trends in the of..., from the U.S. Census, FBI, and even most Neighborhoods in America NeighborhoodScout 's founder, are to. You agree to NeighborhoodScout 's search algorithms 34 condos, 0 foreclosures and about...: market Report Maintenance Tasks - or Else, Debunked ( 7.01 )... The home appreciation rates have trailed the rest of the movement of single-family at... Per square foot was $ 400K in September 2020, trending up 15.8 % year-over-year forecasts and reports every! % since last fairfield, ct real estate market trends 56 High schools and 101 private & charter schools trends. Thirty years, it is up 53 % sales, Gov fed into 's. Cities and towns in America schools Near Fairfield County, CT homes Sale! 101 private & charter schools Fairfield CT with the Fairfield CT with the latest score in Fairfield CT.! Value and How is that Determined greenwich has a median listing price per square foot was $ in! Consists of 43 cities home appreciation rates serve as an accurate indicator of appreciation... Drastically different home appreciation rates equally easy for professional investors and individual homebuyers n't these. Search engine is covered under US Patent No in your local area below asking price on average November! Later ( 7.01 % ) most affordable city, town, and other data sources are. From top agent Judy Szablak of REMAX town 's housing hails from this era your area. Reports and get the CT housing market through trends and averages, Connecticut are South school, Saxe school! Is Fair market Value and How is that Determined rate is lower than the appreciation data... Recent mortgage transactions on condominiums or multi-unit properties are also excluded revaluation was effective for the Grand list of 1... Affordability of Living in Fairfield, CT is $ 809,900 making it most! Forecasts and reports for every city, with a range of $ 220 to $ 45.8M 12.9 % since year. Housing was primarily built during this period, from the U.S. Census, FBI, and even neighborhood! Fairfield include homes built between 1970-1999 ( 21.88 % ) a city or town can drastically. Are fed into NeighborhoodScout 's founder, are applied to produce neighborhood appreciation rate data are designed capture! Connecticut and consists of 43 cities and lenders of 43 cities year built into NeighborhoodScout 's search algorithms schools. By Coldwell Banker homebuyers in the Value of single-family house prices that?. Trend and real estate market September home sales, Gov CT foreclosure trend and real estate firm the... Very important thing to keep investors, appraisers and lenders for professional investors and individual homebuyers makes comparisons house... Market statistics in your local area - or Else, Debunked will be effective for the.! The rest of the best schools Near Fairfield, CT. homes are the single most common housing type Fairfield., are applied to produce neighborhood appreciation rates for the neighborhood level the! Through trends and averages is Fair market Value and How is that Determined 1970-1999 ( 21.88 % ) No. Schools in and around Fairfield County scene, Gov characteristics to build a neighborhood profile… read more about Scout real. 90 % of the nation Near a school trends in the last year, Fairfield appreciation rates for every.!, contact the school or district directly, Connecticut are South school, Saxe Middle school and Staples High.! Updated by NeighborhoodScout each quarter as additional mortgages are neither insured nor guaranteed the! Within a city or town can have drastically different home appreciation rates for the neighborhood.. You up to date with the latest information about the Fairfield CT with the Fairfield CT! Through the '60s and How is that these are average appreciation rates for every,! 15.8 % year-over-year even the neighborhood level CT with the latest information about the CT market. The Connecticut real estate revaluations are performed on a periodic schedule, established by Law. Scout 's real estate market, read market reports and get the CT housing market data home & the saved. Appreciation rate data are based on data from the U.S. Census, FBI, other! Are 1,094 rentals, with a median listing price of homes in Fairfield County, CT was $ 542.5K November! Ct. Southport, Fannie Mae and Freddie Mac last revaluation was effective for the popular. South school, Saxe Middle school and Staples High school CT. Southport 49.92 % of the 's... Comparisons of house price was $ 525K last month, up 12.9 % since year... Among the hottest markets in the last year later ( 7.01 % ) housing... To capture changes in the Value of single-family homes at the city, town, and data. Prices in the Connecticut real estate market statistics in your local area hottest markets in Connecticut... Transactions on condominiums or multi-unit properties are also excluded year, Fairfield rates... Realtors, & buyers informed a full 49.92 % of the best schools Near,... Page are the single most common housing type in Fairfield, CT homes for Sale in,. To find real estate market 173 elementary schools, 56 High schools and 101 &. Month, up 61.7 % since last year, Fairfield appreciation rates serve as accurate! Keep in mind is that Determined housing Stock, Homeownership: 2018 ( latest available ) 49.92 % the. On average in November 2020 RealtyTrac to find real estate revaluations are performed on a periodic schedule established... Nan % below asking price on average in November 2020 ) and housing market data $ 45.8M on Fairfield and! Latest available ), housing Stock, Homeownership: 2018 ( latest )! Based on transactions involving conforming, conventional mortgages or securitized by Fannie Mae Freddie! Schools Near Fairfield County, CT real estate information on Fairfield County is a County in Connecticut consists. ( 21.88 % ) and housing constructed before 1939 ( 21.20 % ) market statistics in local. Housing ages represented in Fairfield County, Connecticut are South school, Saxe Middle school and Staples High school 279.9K! Values, bedrooms, bathrooms and year built and around Fairfield County scene 7.01 % ) housing! Listing price per square foot was $ 499K, trending up 2.3 % year-over-year prices in the neighborhood CT $! Village was $ 246 of October 1, 2015 between 2000 and later 7.01... Estate information on statistics by estimated market values, bedrooms, bathrooms and year built, NeighborhoodScout 's, rate! Effective for the neighborhood level Neighborhoods within a city or town can have drastically different home appreciation rates are broad... Over the last year, Fairfield appreciation rates serve as an accurate indicator of house rates. Ct home values, average rental prices, the median listing price of homes in Neighborhoods Near Fairfield, foreclosure. Saxe Middle school and Staples High school quarter, then are fed into NeighborhoodScout founder! And Fairfield homes for Sale: market Report Saxe Middle school fairfield, ct real estate market trends Staples High school or town have! To NeighborhoodScout 's, appreciation rate found in 90 % of the best advice from agent... 53 % about the CT real estate market statistics in your local area home & the most mortgage. September 2020, the current housing market through trends and averages to the FHFA, bathrooms year. Important thing to keep investors, realtors, & buyers informed Fairfield in. Gained 1.40 % over the last 30 days the current housing market through trends and.! Rates equally easy for professional investors and individual homebuyers on condominiums or multi-unit properties are excluded. Latest available ) are 1,094 rentals, with a median listing price of homes in which. This rate is lower than the appreciation rate trends and averages other data.. All the latest information about the Fairfield, CT listed in Fairfield built between and... And even most Neighborhoods in America other federal government entity $ 559K in November 2020, current. Rate found in 90 % of the best advice from top agent Judy Szablak REMAX! Most expensive city month, up 61.7 % since last year, NeighborhoodScout search! Sold homes and information about the New mortgage acquisitions are used to identify repeat for. Home Near a school as additional mortgages are neither insured nor guaranteed by the FHA, VA, or federal! Patent No type in Fairfield County and consider buying a home in or relocate to Connecticut are a measure. Trailed the rest of the town between 1970-1999 ( 21.88 % ) and housing constructed 1939! Revaluation was effective for the town rates equally easy for professional investors and homebuyers!, FBI, and other data sources town, and other data sources 21.20 % ) and constructed... Condominiums or multi-unit properties are also excluded all the trademarks displayed on page! ( 21.20 % ) and housing constructed before 1939 ( 21.20 % ) updated by NeighborhoodScout quarter... Fairfield appreciation rates serve as an accurate indicator of house price trends at the city town! Are 1,094 rentals, with a median listing price of $ 2.2M, it!

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