Fairfield and Westport CT Real Estate Guide

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

Tag Archives: housing market


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New Listing- New Price- New Neighbor! Westport, Fairfield Housing Update

Ever wonder about the market chain of events prior to your new neighbors moving in?  Well here’s a quick view of the current flow in Westport and Fairfield.

Twenty-six Westport home owners just put their houses on the market within the past 14 days. Three hundred and thirty three (333) homes are for sale in total. Of these homes, 28 have been on the market for awhile but have a brand new price. Eighty-five (85) properties have an accepted offer or are under contract for sale and will result in new neighbors very soon!

In Fairfield, there are 51 new listings and 501 total homes for sale. Sixty-eight (68) listings have been on for awhile but have new prices. There will be 157 new neighbors in town soon, based on the total accepted offers and homes under contract.

Cool Cape with central AC, private fenced yard, two driveways and many updates

Cool Cape with central AC, private fenced yard, two driveways and many updates

One featured listing in Fairfield with a brand new price is 286 Old Stratfield Road, now listed for $382,000 (down from $389,000). This is a cool cape with central air and great curb appeal, located near the new Fairfield Metro. For more market intelligence or to request a showing, please inquire below.

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Beach Brief: Fairfield & Westport CT Housing Markets

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.

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Flags at Penfield Beach, Fairfield, CT

Flags at Penfield Beach, Fairfield, CT


  Photo Jul 08, 11 32 10 AM   Photo Jul 08, 11 49 48 AM

Photo Jul 08, 11 50 23 AM


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Another Dream Comes True!

Tina had an exciting day today, because she closed on her long awaited condo in the Foxwood community in Milford, Connecticut.  Today was smooth sailing, but it was quite a journey to get here.

We had been looking for the perfect unit since last year.  It had to be on the first floor with plenty of space, two entrances, two bedrooms, a den, space to install full-size washer and dryer (vs.  smaller stacking ones)  and in good condition.  We thought we found it the first day when we looked at a nice For Sale By Owner.  But we got all the way to contract signing before finding out that this section of the complex did not allow hard wood floors to be installed- a deal-breaker for Tina.

So, we looked at several others that fell short of the requirements and then waited and waited for the right unit it come to the market.  Units came and went without anything fitting the bill.  I created custom postcards and mailed them to all the owners in qualifying units…  Nothing.

Mailer for Tina

Mailer for Tina

Then finally one day a few months ago, the ‘perfect’ unit hit the market, so we went for it.  We got it- the listing agent wrote in an email to me.   But after she told me our offer was accepted, a client of hers came in with a cash offer.  Ours was higher but still declined.  We didn’t get it!

So we waited, and I sent another mailing.

Finally, the absolute perfect unit came to the market.  It was like the one she lost, but a nice end unit with a park bench right out front.  This one was meant to be.

Tina was so excited she planned to have the entire unit renovated before she even closed on it.  She arranged to open up several walls, install hardwood and tile floors, redo the kitchen and change from her previous beach style to ‘country’!

The road was long, but the closing was short and and the reward was the perfect new home.  I think the rest will be history!

Here’s a note from Tina a few months later, “Hi Lin’,  I really love living here….I couldn’t be in a nicer spot.   Thank you for finding this home for me….I will always send you more clients when I can.”

Tina and her new Foxwood Condo

Tina and her new Foxwood Condo!


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Westport & Fairfield CT Housing Market Conditions- Plus Some Beachfront Competition

Welcome to my new blog!  Please come and visit for posts about real estate and happenings from around town and beyond.

I’ll share  updates on Westport and Fairfield Connecticut housing market conditions , snippets about my services and briefs about a day in the life of an area resident!

First off- please enjoy the pic’ of a swimmer’s demise at the teeth of a Land Shark!  This was one of the sand sculptures in last weekend’s beachfront competition at Penfield Beach titled, “Beach Bum”.    It appears that the Land Shark was the happy winner in this competition.

A look at the local Westport and Fairfield Connecticut housing markets shows some factors in favor of buyers and others in favor of sellers.  The amount of supply is one element of importance.  There has been reduced inventory of single family homes for sale in both towns this year so far.  The number of homes for sale was down to six months worth of supply in Fairfield and nine months in Westport at the end of July. This is good for sellers, because there’s less competition but not so great for buyers, because there is less to choose from.

Market time is another factor to be considered, and the days on market have been increasing lately in both towns.  In Westport, the median market time was 142 in July compared to 117 last year. 

In Fairfield, median days were up to 113 from 99 the year prior.  
The longer a home sits on the market, the less leverage the seller has, giving a stronger position to the buyer.

One parameter in the mix that works in favor of both buyers and sellers is the low interest rate environment.   Now, the sellers’ properties are affordable to a larger buyer pool, and the buying power is improved for everyone who wants to get into the purchasing game.   All in favor of healthy Westport and Fairfield Connecticut housing market conditions raise your hand!


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Loyal Praying Mantis Loves Fairfield, Plus an Update on the Housing Market

The loyal Praying Mantis has returned to our front porch again this year!

I was working in the garden outside our front door on Sunday and suddenly felt something on my back, which I instinctively brushed off.  There on our front walk landed a beautiful bright green mantis. Oddly, every summer we see a mantis appear right at our front door. This year, he obliged me with a photo shoot and live video performance. Take a look…

The mantis knows a good town when he sees it!

PRAYING MANTIS

Let’s take a quick look at the Fairfield housing market. As of today (Aug. 16), we have 493 single family homes for sale, 34 (7%) of which have an accepted offer. This ratio of accepted offers to active listings has held steady over the last few weeks. Seventy-one more homes have a signed purchase contract.

Since January, 315 homes have sold compared to 422 during the same time frame last year, reflecting a 26-percent reduction. However, the average sale price during this time was $690,000, which is just 1 percent away from the average sale price  of $698,000 last year.

The average sale-price-to-list-price-ratio for these transactions was 94 percent last year and 95 percent this year — indicating an improvement. Attached is a chart showing how many homes sold in each Fairfield market area.

Sales by Market Area Aug 2011If you would like to see an upcoming blog post with a breakdown of sales activity in your market area, just send me a note!

Originally Posted on Fairfield Patch August 17, 2011 at 9:30 am