Fairfield and Westport CT Real Estate Guide

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

Category Archives: Home Buyers & Sellers


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Vacation Home in Fairfield CT, “Tween Waters” at 1220 Fairfield Beach Road!

Welcome to 1220 Fairfield Beach Road!

A house lovingly named “Tween Waters” can only refer to a cherished home by the shore! This quintessential beach home is nestled on a generous .21-acre property between the Long Island Sound and the Pine Creek waterway. Radiating charm and character, this Nantucket-style home features ample curb appeal with a gracious covered wrap-around porch. Cheerful sunlight radiates through the tall windows into the living spaces accentuating the bright airy feel and beach vibe. Scenic views of the property, Pine Creek, and the tidal grasses are enjoyed from inside as well as the porch and deck. The primary bedroom also enjoys peeks of the Long Island Sound. The home features abundant storage in the walk-up attic and in the above-ground full-height storage area under the house. Yet the endearing style and open flow of this home are second to the coveted lifestyle here on the peaceful, yet vibrant Fairfield Beach Road. Enjoy watching the people walking dogs, jogging, and riding bikes from your porch. Gaze out at the sea birds from your rear deck. Jump into your kayak, or head over to the beach for a swim. Within a five-minute drive are downtown Fairfield’s abundant chic eateries, boutiques, a bustling Sportsplex, the train, and the highway! Get into Manhattan in a little over an hour, and then return home and diffuse with the calm of the sunsets, tides, and sea breezes.

Update: Offer accepted above asking in 11 days!

Yes, it is still a good time to sell.

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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, August 2021

Looking at the market activity in August… The Westport and Fairfield town-wide sales pace in August showed an up-tick from the previous month of July, and was also up from unit sales in August 2019, despite a dip in numbers compared to the Covid spike in 2020. This is likely due to many people taking advantage of vacation opportunities in July. The local housing markets continued with strong sales and high prices in both Downtown Fairfield and Greens Farms Westport during August.

My end-of-summer video commentary on the Fairfield market!

If you are like many others who want to sell but are still on the fence, September will continue to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. Rates may creep up heading into fall! You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers in August? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 21 closings in August compared to 25 in July and 10 new accepted offers in Fairfield’s downtown and beach area at the time this post was written.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

WESTPORT Greens Farms

There were 10 sales in August compared to seven in July. There was one new accepted offer in Westport’s Greens Farms neighborhood in August, and a few more had just gone to contract.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440

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Real Estate News: Westport and Fairfield CT August 2021

July numbers are in, and opportunity still knocks!

You, like many others have been ready to get out of your current home for quite a while, but you haven’t made the move yet. It’s a monumental decision for sure. You want to get the best ROI and the best terms when you sell and also be able to transition to the ideal new home for your next chapter.

But you are worried about how to prepare your house for sale, navigate the process, and manage the timing. This is all very understandable. This is also why you need an expert agent who understands the current market and who will implement a strategy for you that fits with your priorities and guides you toward achieving your goals.

How’s the single-family housing market in Westport and Fairfield Connecticut as we move into August?

Take a look at the stats below showing how the stats in July 2021 compare to July 2020.

In WESTPORT

  • Single-Family Homes Sales are DOWN 28.1.5% from 96 to 69 homes sold.
  • The Median Sale Price is UP 19% from $1,294,500 to $1,540,000.
  • Inventory is DOWN 18.4% from 244 to 199 homes for sale.
  • Months of Supply is DOWN 44.9% from 6 months to 3.51.
  • Market Time is DOWN 41.1% from 73 to 43 days.

In FAIRFIELD

  • Single-Family Homes Sales are DOWN 34.7% from 147 to 96 homes sold.
  • The Median Sale Price is UP 12.5% from $640,000 to $720,000.
  • Inventory is DOWN 42.2% from 396 to 229 homes for sale.
  • Months of Supply is DOWN 60.6% from 6 months to 2.37!
  • Market Time is DOWN 50.6% from 85 to 42 days.

The trends of low inventory, increasing median sale price, and short market time continue through July. Unit sales dipped in July, likely due to the continued reduced inventory in combination with “buyer fatigue”, and summer vacations. We will likely see reduced closings for the same reasons in August as well.

More homes are listed for sale each day, so despite the low inventory, there is an ever-changing selection to choose from, and you only need one to make your move!

As of the day of this writing, there are 68 newly listed single-family homes and condos in Westport and Fairfield.

Yet the buyer demand is still stronger than the supply which is keeping the inventory low, causing some continued multiple offer situations, though not as many as in earlier months, and pushing sale prices up in both towns.

Opportunities are here for both buyers and sellers in this dynamic marketplace, but we can all benefit from more homeowners listing their properties for sale!

Home appreciation is expected to continue according to the National Association of Realtors Chief Economist, Lawrence Yun. Interest rates are anticipated to rise slightly but are still expected to remain historically low.

So if you are seeking your perfect home, you may want to take the plunge and move forward with doing so now!

If you are thinking of selling in the next 12 months and would like to discuss how to buy and sell your home in the current or future markets, call me today 203.912.4440.

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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, July 2021

Looking at July… Although the town-wide sales pace slows a bit, the local housing markets continued with strong sales and accepted offers in both Downtown Fairfield and Greens Farms Westport in July.

The average market time of the newly accepted offers was faster in Downtown Fairfield, at 32 days compared to 41 in the later half of June. But market time was a bit slower in Greens Farms with 54 average days compared to 37 in the last two weeks of June. Many of the sales continued to close at or above the asking price.

If you are like many others who want to sell but are still on the fence, August will continue to offer an excellent window of time to make your move before kids go back to school despite people taking vacations here and there. Interest rates and inventory are still low, and buyer demand is still strong. Rates are expected to creep up toward the end of the summer! You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers in July? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 25 sales and six new accepted offers of single family homes in Fairfield’s downtown and beach areas in July, up slightly from 24 sales in June. The average days on the market for these new listings with accepted offers was 32 with a range from 5 to 107 days as shown below. This is down from 41 days during the last two weeks of June!

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

There were seven sales, (compared to eight in June), and four new accepted offers in Westport’s Greens Farms neighborhood in July. The average market time for the listings that just accepted offers was 54 days ranging from 41 to 76 as shown below. This was up from the 37-day average market time during the second half of June.

SOLD:

NEWLY ACCEPTED OFFERS:

Watch a quick video update on town-wide stats.

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440

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How’s the Housing Market in Westport and Fairfield CT at the Start of July 2021?

As far as the market is concerned, opportunity still knocks! So, why stay on the fence, when you can get a new one! 😉

You, like many others have been ready to get out of your current home for quite a while, but you haven’t made the move yet. It’s a monumental decision for sure. You want to get the best ROI and the best terms when you sell and also be able to transition to the right new home for your next chapter. You are worried about how to prepare your house for sale, navigate the process, and manage the timing. This is all very understandable. This is also why you need an expert agent who understands the current market and who will implement a strategy for you that fits with your priorities and guides you toward achieving your goals.

How’s the single-family housing market in Westport and Fairfield Connecticut as we head into July?

Take a look at the stats below comparing June 2021 to last June 2020:

In WESTPORT

  • Single-Family Homes Sales are UP 25.5% from 51 to 64 homes sold.
  • The Median Sale Price is UP 7.1% from $1,495,000 to $1,601,000.
  • Inventory is DOWN 22.6% from 283 to 219 homes for sale.
  • Months of Supply is DOWN 56.7% from 9 months to 3.72.
  • Market Time is DOWN 65% from 123 to 43 days.

In FAIRFIELD

  • Single-Family Homes Sales are UP 12.9% from 93 to 105 homes sold.
  • The Median Sale Price is UP 16.9% from $650,000 to $760,000.
  • Inventory is DOWN 42.9% from 434 to 248 homes for sale.
  • Months of Supply is DOWN 64.8% from 7 months to 2.46!
  • Market Time is DOWN 45.1% from 91 to 50 days.

The trends of extremely low inventory, increasing median sale price, and short market time continue through June. However, the market is not stagnant. Unit sales are up and we are seeing more homes listed for sale. In fact, as of the day of this writing, there are 71 newly listed single-family homes and condos in Westport and Fairfield. The buyer demand is still stronger than the supply which is keeping the inventory low, causing many multiple offer situations, and pushing sale prices upward in both towns.

Opportunities are here for both buyers and sellers in this dynamic marketplace, but we can all benefit from more homeowners listing their properties for sale!

As the summer temps rise, home appreciation as well as interest rates are anticipated to follow. Yet interest rates are still expected to remain historically low, and buyers continue to look for their perfect homes. If you are a homeowner on the fence, now is a great time to sell!

If you are thinking of selling in the next 12 months and would like to discuss how to buy and sell your home in the current market, call me today 203.912.4440.

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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, Second Half of June 2021

Happy 4th of July! The local markets continued with strong sales and accepted offers in both Downtown Fairfield and Greens Farms Westport during the last two weeks of June. The average days on market until the new listings accepted an offer was longer though, with 41 days in Downtown Fairfield and 37 days in Greens Farms compared to 17 and 20 in the first two weeks of June. Nearly all of the sales closed at or above the asking price.

If you are like many others who want to sell but are still on the fence, July offers an excellent window of time to make your move. Interest rates and inventory are still low, and buyer demand is still strong. Rates are expected to creep up toward the end of the summer, and August may be a big vacation month as usual, but especially now that most of us are vaccinated and everyone’s craving a get-away! You are right to arm yourself with an expert guide to help you put your strategy in place and ensure you reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers during the last half of June? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 12 sales and seven more accepted offers in Fairfield’s downtown and beach areas during the second half of June from the 16th through the 30th. This activity was slightly slower than the first half of the month that saw 13 sales and eight accepted offers. The average days on the market for these new listings with accepted offers was 41 with a range from 10 to 156 days.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

Sales were UP in Greens farms with five closings during the last two weeks of June, compared to just two homes sold the first half of June and none during the last half of May.

SOLD:

There were five accepted offers in Westport’s Greens Farms neighborhood during the last half of June compared to four in the first half and none during the last two weeks of May. The average market time for these listings was 37 days ranging from 17 to 90.

NEWLY ACCEPTED OFFERS:

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440

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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, First Half of June 2021

Summer is heating up and June has started off with an up-tick in sales and new accepted offers in both downtown Fairfield and Greens Farms Westport during the first two weeks in June. The average days on market for the new listings with accepted offers has been just 17 to 20 days. Many of the homes have sold at or above the asking price.

Buyers have had to be creative and aggressive to win their prize. Most homes have been flying off the shelf, yet some… have not, despite this crazy market. You are right to arm yourself with an expert guide to help you put your strategy in place and ensure you reach your goal!

What has sold in these two hot spots? Where are the accepted offers during the first half of June? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 13 sales and eight more accepted offers in Fairfield’s downtown and beach areas during the first half of June from the 1st through the 15th. Sales were almost double the seven sales during the last two weeks of May, and accepted offers were up by two. The average days on the market for the new listings with accepted offers was just 17!

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

Two homes sold in the Greens Farms neighborhood during the first half of June compared to none during the previous two weeks.

SOLD:

There were four new accepted offers in Westport’s Greens Farms neighborhood during the first half of June after having none during the previous two weeks. The average market time for these listings was just 20 days!

NEWLY ACCEPTED OFFERS:

Call me if you are thinking of making a move, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> 203.912.4440

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How’s the Housing Market, June 2021? Is it Still Strong in Westport and Fairfield CT?

How’s the single-family housing market in Fairfield and Westport Connecticut at the end of May as we head into June? Take a look at the info below to see the comparison to last May, 2020, and take note of the opportunities. If we follow last year’s trend, we will see a spike in sales beginning in the next couple of weeks and extending through September!

If you would like access to our William Raveis Local Housing Data tool and run your own graphs like the ones below, just send me a note in the form below for the link! Here are the specifics. 

In WESTPORT

  • Single-Family Homes Sales are UP 52% from 31 to 47 homes sold.
  • The Median Sale Price is UP 46% from $1,085,000 to $1,582,000.
  • Inventory is DOWN 29% from 306 to 217 homes for sale.
  • Months of Supply is DOWN 61% from 10 months to 4.
  • Market Time is DOWN 41% from 90 to 53 days.

In FAIRFIELD

  • Single-Family Homes Sales are UP 3% from 72 to 74 homes sold.
  • The Median Sale Price is UP 22% from $662,500 to $807,500.
  • Inventory is DOWN 39% from 421 to 257 homes for sale.
  • Months of Supply is DOWN 62% from 7 months to 2.6!
  • Market Time is DOWN 56% from 107 to 56 days.

The trends of extremely low inventory, increasing median sale price, and short market time continues through May, though we are seeing more homes come on the market. The strong buyer demand in the face of this limited choice is still causing frequent multiple offer situations and pushing sale prices upward in both towns.

Opportunities are here for both buyers and sellers, but the market can unquestionably benefit from more home owners listing their properties for sale! The summer is heating up, and me may see another spike in June through September like last year, depending on whether people are still wanting to escape the City. Interest rates remain low, and buyers are still out looking for their perfect homes. If you have been wondering, yes, now is the time to sell!

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, give me a call, 203.912.4440, or send me a note below. I’m here to help!

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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, Last Half of May 2021

What has sold in these two hot spots? Where are the accepted offers during the second half of May?

More homes have been coming on the market and some are still getting frenzied offers. However, agents are seeing fallout after some bidding wars due to buyer regrets as well as some resistance to the high prices from buyers who are choosing to wait on the sidelines.

If you are going to sell now, I recommend you price your house to match recent sales and not over-shoot so that you attract the current buyers and don’t risk turning them away. Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There have been seven sales and six more accepted offers in Fairfield’s downtown and beach areas during the last half of May from the 15th through the 31st.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There were no more sales or new accepted offers in Westport’s Greens Farms neighborhood during the second half of May. But there were seven new listings and, (Spoiler alert: two accepted offers on June 2, both under one million dollars.)!

NEWLY ACCEPTED OFFERS:

Please reach out to me if you are thinking of making a move, and let’s have a conversation! 203.912.4440

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We Found Home Sweet Home by the Sea!

It has been a long road to find the right home in this very challenging market, but we prevailed.

We are closed!

Coming all the way from Texas to the east coast, Robin secured a rental in the Fairfield Beach area for herself, her two children, and her little chihuahua, about a year ago. They were just beginning to feel at home in the new community, when the pandemic hit.

Hunkering down at home as we all were, Robin prepared to renew her lease. However, upon seeing the spiking sale prices, the landlord changed his mind about renting, and told her they were selling the house as soon as possible, giving her only two months to vacate.

In a panic, Robin convinced them to give her a few more months and sent out a text to our neighborhood chat group asking if anyone knew of an available rental.

I reached out and offered to help. After talking with her, and learning what her ideal home would look like and how much she was planning to spend on rent, I suggested that she get pre-approved for a mortgage and put her hard earned money toward a purchase that would build equity for her. As the leader of a large software development group, she had no trouble securing a loan.

So the quest began! Loving the Fairfield beach area, and looking for charm, character, a light and bright feel with room the family and guests, we searched! At first there was almost nothing to look at, but then some homes began to trickle onto the market. Then we found a lovely home and put in an offer. We were faced with ~10 other buyers and were out-bid. We tried again. And again. And again! But the bidding wars were driving the prices out of range.

Unfortunately, the search was taking more time than she had. Her time was up at the current rental, but luckily she found a homeowner nearby that let her rent for three more months. So Robin packed up her entire three-bedroom home and two kids, moved a few blocks away, and unpacked again.

It seemed there was nothing that matched the wish-list for the right price… until we ventured over to the popular beachy neighborhood of Woodmont in Milford. Under construction was a beautiful, bright new home with four bedrooms and finished space on three floors. It even had treetop water views and two balconies! After much negotiation, we secured the home and closed last week.

After so much time being unsettled by a cross-country move, a pandemic, and two limited rentals, Robin had to pack up her family, furniture, and belongings, and move it all one more time. But this time, she can relax, decompress, and enjoy. Finally, a sweet new place by the shore to call home!

Please reach out to me anytime if you have real estate questions or would like to have a conversation about your plans.

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