Fairfield and Westport CT Real Estate Guide

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


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

What has sold in these two hot spots? Where are the accepted offers by mid-May? Check out the lists below!

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

There have been five sales and 11 more accepted offers in Fairfield’s downtown and beach areas during the first half of the month, from May first through the 15th.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There were three more sales but no additional accepted offers in Westport’s Greens Farms neighborhood during the first half of May.

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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SOLD and New Accepted Offers in Fairfield Downtown and Westport Greens Farms April 11-30, 2021

What has sold in these two hot spots? Where are the accepted offers at the end of April? Check out the lists below!

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

There have been three sales and 9 more accepted offers in Fairfield’s downtown and beach areas during the last two and a half weeks of April.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There were three sales and three more accepted offers in Westport’s Greens Farms neighborhood during the second half of April.

NEWLY ACCEPTED OFFERS:

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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SOLD and New Accepted Offers in Fairfield Downtown and Westport Greens Farms April 1-10, 2021

What has sold in these two hot spots? Which listings have accepted offers as of the first two weeks in April? Check out the lists below!

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

There have been five more sales and 10 more accepted offers in Fairfield’s downtown and beach areas during the first two weeks of April.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There has been just one (yes, just one) more sale and three more accepted offers in Westport’s Greens Farms neighborhood during the first two weeks of April.

NEWLY ACCEPTED OFFERS:

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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SOLD and New Accepted Offers: Fairfield Downtown and Westport Greens Farms YTD through 3/29/21

What has sold in these hot spots? What listings have already accepted offers as of the last week in March? The lists are below.

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

SOLD YTD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD YTD

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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Matchmaker Mystery: Do You Have What I’m Looking For? 🏡❤️

Let’s work on this matchmaker mystery together!

One of the challenges buyers are facing, along with would-be sellers, is that they can’t find what they are looking for on the market.

Many agents are sharing the criteria their buyers are looking for with the hope that someone who is thinking of selling may have a match to add to the market.

Here is my urgent buyer wish list,

  1. Westport – New or contemporary style, ~4,000 square feet, 4+ bedrooms, $1,500,000-$1,800,000, (Need two of these!)
  2. Westport – Renovation project or tear-down, 1+ acres, preferably with no wetlands, price flexible.
  3. Westport – Renovation project or tear-down, any property size, preferably with no wetlands, price flexible.
  4. Fairfield – Beach, town, Southport, or University areas, new or like-new home, 4,000 square feet, up to $1,700,000.
  5. Fairfield – Home with charm and character, preferably in the beach area, but open to anywhere in town, 3+ bedrooms, at least 1,400 square feet or room to expand, $700,000-$850,000.
  6. Fairfield – Home with charm and character, high ceilings, preferably in the beach area, center of town or Stratfield areas, 3+ bedrooms, at least 1,400 square feet or room to expand, finishable basement and/or attic, office space, level yard of .16 acres or more, $500,000-$640,000.
  7. Fairfield – Beach area, near Penfield, .23+ acres on which to renovate or build new, under $700,000.
  8. Fairfield – Town center, new or move-in ready 2-bedroom condo for rent, or sale up to $350,000.
  9. New Canaan – Walk-to-train location, 3 bedrooms, preferably new or move-in ready, high ceilings, up to $1,500,000.

If a matching property is found for the buyer needs above, the following new listings will in turn be added to the market,

  1. Westport – Gorgeous new construction home, likely with 4,000+ square feet and 5 bedrooms.
  2. Westport – ANOTHER gorgeous new construction home, likely with 4,000+ square feet and 5 bedrooms.
  3. Westport – Lovely 4-bedroom, move-in-ready home with lovely property in the Greens Farms area.
  4. Fairfield – Charming cape in the beach area.

The lack of inventory is limiting the market despite the opportunity of very low interest rates and an excellent time to sell for all interested home owners.

So if you have something, say something! 😃 If you know of something, say something! 😃 Want to talk options? Say something. I’m here to help, 203.912.4440.

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Looking for the Best Real Estate Company?

You only need one powerhouse to get the best real estate company and services, and you just found it with William Raveis Real Estate, Mortgage, & Insurance. As your agent for this company, I want to share the top three reasons why we are the best real estate company for you, which are the same reasons why I chose to work with this company over all the others 16 years ago!

  1. Private Family-Owned Company – Because William Raveis is owned by Bill, Chris, and Ryan Raveis, it is an agile family-based company that is one hundred percent focused on its customers with no stockholder distractions or obligations. The company’s mission is to serve its agents as their customers to ensure we are poised to be the best at serving you!
  2. Leader in Real Estate Innovation – Our company leads the industry with forward strategic and competitive thinking, cutting-edge technology, and cultivating, training, and by empowering the best agents. Our family of companies also provides our clients with premier mortgage, insurance, and closing services for a seamless transactactifon.
  3. Well-Connected, Next Door & Overseas – Our 4,000 regional agents have you covered here and abroad. Our luxury listings are represented by over 565 premier brokerages across 70 countries. This same network also enables me to connect you to your next purchase overseas.

These three high-level value propositions are key to why we are the best, but there is ample detail beneath, including new tools for us to leverage on a regular basis. And now, the best just got better with our new Raveis Essential and Raveis Premium service packages listed below.

 

I am grateful for the extensive resources William Raveis continuously provides for me to utilize on your behalf. When it rains, it pours with the ever-new and cutting edge resources I have at my disposal. I even received a new umbrella 🙂 !

In all seriousness, my goal is to understand your real estate plans and priorities and to curate a custom solution for reaching your goals. If you would like a deeper understanding of how I can meet your real estate needs, I would love to have a conversation with you. Please feel free to visit my website and company page, give me a call at 203.912.4440, or send me a note below.

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At What Price Would You Consider Selling Your House?

Buyers are waiting. Home sale prices are up. Interest rates are outrageously low. Is there a price at which you would consider selling your house? If there is a price that motivates you, are there other barriers?

It sure appears to be the perfect storm for owners to want to sell their homes, right? Sure, except for two major roadblocks- As a potential home seller, where do you move with the limited choice in the market? And if you could work through these details, do you really feel ready?

If you are one of these homeowners, here are three things you can do to manage the logistical challenge.

  1. You can list your home with a published contingency to find suitable housing. This relieves the pressure of not having your destination pre-determined by letting potential buyers know up-front that you reserve the right to take the time to find a new home. It also gives you an ‘out’ if you cannot find a suitable solution. You can reach out to me and also select a real estate attorney to learn more.
  2. Alternatively you can put your home on the market and negotiate a long closing period, such as a few months, when you receive an offer- or multiple offers. Many buyers are flexible with timing, especially if they are buying a second home. This will give you time to look around.
  3. A temporary housing plan is another key option. Are you aware that you may even be able to sell your home and rent it back from the buyers for a period of time! This can be an excellent solution for bridging the gap until you find your new home. Even if this is not doable, there are other options. If it is feasible to stay with family, go to a second home or vacation home, or get a short term rental, and put things in storage for a while, this is a great way to take the timing pressure off. It may not be convenient, but it may still be worth it in order to capitalize on the opportunities of this market and move to the home that truly satisfies your current needs and desires.
  4. Get creative! At William Raveis, we are here to get creative with solutions to our clients’ challenges. We understand the complexities of the current market and in bridging the gap between buying and selling. So we have an entire array of services that can enable you to become a cash buyer before you sell, fix up any issues with your house without paying until it’s sold, and bridge the financial gap as well. Call me today to discuss your ideal outcome, and let’s discuss how to get you there!

All that being said, what if the above solutions are all well and good, but you still feel hesitant? It is even more important than strategizing the logistics to be sure your heart is really in it. You must be sure you are ready to sell before going on the market. Here’s the journey one home seller went through to get ready to ultimately make her dream come true.

Keep in mind that even though the inventory of homes for sale is low, the market time is also short, so the choices of homes to purchase is constantly refreshing and there are always new homes to choose from if you want to make a move.

Imagine if all you homeowners who would love to sell but have been sitting on the sidelines decide to go for it using some of the safeguards and creative solutions above? The market would be rich with choice for everyone searching (yourselves included!), and many more home buyers and sellers would be on the move toward making their dreams a reality!

You can browse around and set up some searches for yourself here if you would like to get a feel for the markets as you think about your plans. Call me today to discuss your options, 203-912-4440. We will have a brief consultation to understand your goals, the market, and how I might be able to help.

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