Looking at unit sales and the average sale price for single family homes in Westport, Weston and Fairfield, there appeared to be a similar trend across the three markets as of the end of September. Unit sales were down, but the average sale price was up.
In Westport, there were 26 sales in September which was down from 39 from last year and 50 in the previous month. Year to date sales were 291, down 19.6% from 362 last year at this time. However the average sale price in September was $1,510,448 which was up 5.7% from last September. So far this year, the average sale price was $1,566,866 which was 1.9% higher than last year.
There were 54 sales in Fairfield in September which was well below the 77 units in August but just 1.8% below the 55 sales in September 2013. Year-to-date sales were down 7.6% with 523 vs. 566 last year. Prices followed a very similar trend to Westport with the year over year value up 5.9% for the month of September and just a slight increase of 1.6% for the year to date average sale price of $723,563.
Weston had the most significant reduction in unit sales of the three towns in the month of September but showed a better tally for the year to date. With seven sales in September compared to 16 the previous year and 21 in August, the good news was that for the year to date, sales were down just 11.6% (122 vs. 138). The average price for sales in September was down slightly from August and down 12.8% from last September but followed the trend of the other two towns for the year to date average price, with a small increase over 2013 of 1.8%, resulting in $882,423.
Let’s wait and see if the activity catches up to last year. Tell all your friends that are thinking about moving to go ahead and do it! In the meantime, click to see a table of all theHousing Market Numbers each month from 2013 to 2014 through September.
If you would like specific market numbers on a neighborhood near you, just send a request below, and I’ll be happy to provide you with the information.
Whether you know someone looking for a cute cape close to Black Rock Turnpike shopping and the new Fairfield Metro Center, or a proposed new construction on the beach near Fairfield’s bustling downtown scene and train, there’s a home for the taking!
Here are two featured properties for sale. Scroll down for a link to browse all listings or request to have a search set up for you.
Beautiful Updated Cape, also for rent,in a super convenient location near ample amenities and the new train station! Some of the great features include three bedrooms, two full baths, vaulted ceiling family room with sliders, renovated kitchen, covered deck, central air, fully fenced and landscaped back yard with newly expanded shed and double driveways. Opportunity knocks!
A rare moment is here for you. Introducing Beach Life. Have your custom home built by world class craftsmen on a spectacular near-third acre stretch of beach with mature trees and high dunes! Deep sandy beach and 51 feet of beach frontage at the coast’s curve offer expansive views of the entire shoreline. Dreamy vistas of changing light, tides and the iconic Penfield Light House never lose their magic. Other multi-million dollar new homes nearby add to the great value and good company. Your home will be finished on three levels with a spacious carport underneath for two cars plus extra multi-use space and plenty of expansion potential. One of the very deepest and highest sections of beach five minutes from town, restaurants and train, and an hour from Manhattan is where you will call home. Get ready for your new beach life to begin!
Search for your home here or submit a request below. I’m here to help. 🙂
Chris grew up at her parents’ house on Wormwood Road near Fairfield University, but she later moved to Monroe with her husband Rich. There they enjoyed more space and land as they raised their two children, both grown up now.
After a couple of decades, they began to tire of the 20-minute minimum drive to get anywhere and the even longer commuting time to both their jobs. Chris has been a biolology professor at Fairfield U, and Rich was working in information technology at Bayer Healthcare, also quite far away. So they decided it was time to move back to Fairfield. Chris could be close to her mom who was still in her home in the university area, their commutes would be significantly shorter and they could make very good use of all the cool eateries downtown!
I met Rich and Chris at an open house in 2012, and have been showing them homes on and off since then. They have always liked the New England colonial with classic charm. They had made offers on a few homes along the way but found themselves outbid each time.
Finally, one day I happened to be online in the multiple listing service when a new listing popped on, and I knew it was perfect! I immediately took them to see the charming colonial on Wakeman Road. They made an offer that was negotiated and accepted, and as of this week they have a new home! They plan to rent out their house in Monroe for awhile before selling it and will be moving into their new university area colonial right away!
If I can help you with your next move or any real estate questions, please let me know by filling in the form below!
Come visit us and see this gorgeous home in the bustling Fairfield Beach area during our Open House tomorrow, Sunday October 5 from 1:00 to 3:00 PM!
Check all weekend O P E N H O U S E S here!
Request a showing or complimentary home valuation below.
Ever wish there was one place to go and find out about all the open houses for the upcoming weekend? Look no further!
Just click the image to go to raveis.com for the best open house search tool around, and find out what’s open in every town in all these states:
Connecticut Massachusetts Rhode Island Vermont New Hampshire New York
You can also set filters for your choice of neighborhood, property type and price range to get to the results you are looking for quickly. So check out the open house search tool, send it to your family and friends, and let me know how you like it in the feedback form below! Feel free to use the same form for questions or to request a private showing.
Remember, I’m here to help you with your next move, near or far. Whether your move is out of town, out of state or overseas, I can work with you directly or place you with another excellent agent almost anywhere in the world.
Here’s a previously featured open house:
286 Old Stratfield Road in Fairfield, CT listed for $369,900.
Cool Cape with private fenced yard, two driveways and many updates
What is a castle? In its most basic form, it’s a place that gives us security and privacy.
Home Sweet Home. It’s the place we cherish, where we feel safe and sound, sometimes happy, other times sad; where we celebrate, gather together, share, work, create, cook, decorate; where we can love and be loved; where we live, grow, rest, dream, and at times sort through the chaos that life often throws at us! After all, there’s no place like home !
Home is a most important place and a most significant asset. This is why I love to join my clients in the chapter of their lives when it’s time for their next castle. It is a critical business transaction and a complex process, but most important, it’s an emotional, exciting and monumental time! I am honored to share this time with my clients, buffer the anxiety, guide the course and share the joy!
As this week of perfect beach weather continues, it seems like a great time for an update on shoreline housing in Fairfield and Westport.
Direct beachfront property! Click for more pics.
Today, there are 80 single-family homes for sale in Westport in the coastal neighborhoods of Compo Beach, Saugatuck Shores and Hillspoint. Twenty-seven of these properties are on direct waterfront. Asking prices range from $525,000 to $12,985,000. One listing has an accepted offer.
In Fairfield, there are 121 active listings in the Beach area and Sasco. Thirty-three of the homes are directly on the water or beachfront. Asking prices run the gamut from $260,000 to $62,000,000! Sixteen of these listings have accepted offers.
For additional housing information or to request a showing, please inquire below.
HGTV’s, House Hunters Renovation will be moving east for the first time this coming spring. Until now, the show has focused on the west coast, but the new season will be showcasing homes, buyers and their agents in our neighboring areas as well as right here in Fairfield!
The show is a spinoff of the popular series, House Hunters, and this is how the premise of the show is described on HGTV.com,
“Ever wonder what happens AFTER House Hunters choose? In House Hunters Renovation, our buyers look for a new home that is anything but turnkey. Watch as they tour three potential homes and ultimately choose the one that’s waiting for their special touch. Then stay as they renovate and decorate, ultimately revealing their new space!”
Keep your eyes open for a new episode featuring me and my clients Michael and Ella. After a quick sale of the home they bought with me four years ago in Black Rock, they have fast-tracked their Fairfield search and found three properties that will meet their main goal of getting their kids into good schools.
The final search narrows to a home on Samp Mortar Drive, Sterling Street and Hunyadi Avenue. I tour Michael and Ella through each and help them weigh the pros and cons relative to their priorities. Once the big choice is made, the HGTV design team meets with the couple to brainstorm and envision how this house can become their dream home. Watch HGTV’s designers and contractors transform the home, and see this family get ready to live happily ever after! Check HGTV.com regularly for opportunities to win cash for remodeling your home, and stay tuned for the date of the show-
The above photo was taken at Sweet Basil in Fairfield. I am seated across from Michael and Ella and next to HGTV director Andrea and project manager, Andrew. The camera man and sound guy are sitting at the back right of the table.
Fairfield and Westport CT Real Estate Guide 