Fairfield and Westport CT Real Estate Guide

Local insights on buying, selling, and living in Fairfield County

How’s the Housing Market Right Now – January 2021?

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What’s the pulse of the local single-family housing market in Fairfield and Westport, Connecticut in the first three weeks of January 2021? How many accepted offers? Where are they? What are the price categories? Days on market? Inventory levels and new listings? Here’s an update from the SmartMLS.

FAIRFIELD ACCEPTED OFFERS AND INVENTORY

Fairfield CT locations of accepted offers

69 New Year accepted offers!

Offers are located all over town

PRICE BREAKDOWN?
64% Priced < $1 million
36% Priced > = $1 million

69 Median days on market

At the end of December 2020, Fairfield inventory levels were at historic lows, as illustrated by the graph below from William Raveis Real Estate.

There have been 25 new listings since January 1, ranging in price from $285,000 to $4,295,000.

 

WESTPORT ACCEPTED OFFERS AND INVENTORY

18 New Year accepted offers!

Westport CT locations of accepted offers

Offers appear to be concentrated near the downtown area and the Post Road

28% Priced < $1 million
72% Priced >= $1 million

18 Median days on market

At the end of December 2020, Westport inventory levels were at historic lows, as illustrated by the graph below from William Raveis Real Estate.

There have been 26 new listings in Westport in all price points, ranging from $699,000 to $12,000,000!

So it’s fair to say that the Fairfield and Westport housing markets have been ramping up following the lull of the December holidays and there is a good amount of activity. Despite the new listings that have been trickling onto the market though, there is not enough choice to satisfy the current buyer demand and the added purchasing incentive of low interest rates.

If you would like to discuss how to buy and sell your home in the current market, you can create your own home search to check out the market, visit my website, or send me a note below. I’m here to help!

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Author: Luxury Coastal CT Real Estate Specialist Linda Raymond at William Raveis Southport

Luxury Coastal Real Estate Specialist | Fairfield Beach, Southport & Westport CT | Waterfront & Lifestyle Transitions | William Raveis Real Estate Buying or selling a home can feel overwhelming, or exciting. It is one of life’s biggest transitions — and it often comes with more questions than answers. How do I price my home for top dollar? What upgrades matter most to buyers? How can I compete for Fairfield Beach or Westport CT homes for sale without overpaying? I’m Linda Raymond, a Fairfield County Realtor with William Raveis, and I'm here to guide you to make informed decisions so your move is smooth, strategic, and successful! As a lifelong Connecticut resident who has lived and worked in Westport, Fairfield, Southport, and neighboring towns, I bring deep local knowledge and community connections. My clients trust me for personalized service, innovative marketing, and results-driven strategies that help sellers achieve the best price and buyers find the right fit — whether that’s a luxury home in the Fairfield Beach Area or Westport or a first home in a welcoming neighborhood. With nearly 100 five-star reviews and recognition as a Luxury Property Specialist, Chairman’s Elite Club member, and Connecticut Magazine’s Five-Star Professional Award winner, my track record speaks for itself. But what I value most are the long-term relationships I’ve built. Many of my clients return — or refer friends and family — because they know I’ll put their goals first. Whether you’re upsizing, downsizing, or relocating to Fairfield County, I’ll start by listening closely to your needs and priorities. Then, I’ll create a custom plan to help you move forward with confidence. Let’s make your next move rewarding — and even exciting. Call or text me today at 203.912.4440 to connect with a trusted Fairfield and Westport CT Realtor.

3 thoughts on “How’s the Housing Market Right Now – January 2021?

  1. Luxury Coastal CT Real Estate Specialist Linda Raymond at William Raveis Southport's avatar

    Hi Linda, So nice to hear from you. I can set up a search for you or her. What price range and how many bedrooms does Mimi want? Anywhere in Fairfield?

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  2. Linda Kraus's avatar

    Hi Linda Linda Kraus here. My sister Mimi is looking for another summer rental this yr. for 2 months.Will you keep me in your mind and if something comes along let me know.Call me on my cell 203 520 6260 or email me. Hope you and your family are well keeping well thru all this darn covid.When will it all go away?Know the market is tough flor you you don,t have enough houses!Keep in touch, thanks linda >

    Liked by 1 person

  3. nikiket's avatar

    Great info, Linda!

    >

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