Fairfield and Westport CT Real Estate Guide

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

Tag Archives: Linda Raymond


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Linda’s What Sold Report: August 2022, Fairfield & Westport CT

August 2022 housing numbers are in! How does August compare to the prior month, and WHAT SOLD??

Click image for Instagram Reel with Linda’s quick market update at the end of August!

Find out what happened in our local markets by downloading your free WHAT SOLD report with everything that sold in Fairfield and Westport in the previous month here. If you would like the report for another town, send me a request in the form below, and I will get it to you.

So, what are the numbers, Linda?

In Fairfield, unit sales and market time were down a bit from July. The average sale-to-list price ratio was down two percent since July. In Westport, unit sales were up by four from the prior month. Sale prices averaged 102% of the list price which was four percent lower than it was in July. The market time was up by 15 days compared to July. Homes were selling closer to the asking price in August in both towns compared to July.

FAIRFIELD – August 2022 vs July

Single-Family Homes

Units Sold: 80 (vs. 89)

Median Sale Price: $908,000 (vs. $899,000)

Average Sale vs. Asking Price: 103% (vs. 105%)

Median Days to Contract: 32 (vs. 35)

WESTPORT – August 2022 vs. July

Single Family

Units Sold: 48 (vs. 44)

Median Sale Price: $1,949,500 (vs. $2,080,000)

Average Sale vs. Asking Price: 102% (vs. 106%)

Median Days to Contract: 35 (vs. 20)

Wondering if now’s a good time to make a move?

You may be wondering if prices will be coming down and if you should make a move now.

For monthly charts showing more market parameters in your towns of interest, take a look at the Raveis Local Housing Data, and contact me to discuss the market and your plans.

If you’re thinking of making a move in the next 12 months or have any questions, call directly or send a note to Linda Raymond below.

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#RealEstateMarketJuly2022 #HousingPrices #HomeValues #HomeAppreciation #HomeBuying #HomeSelling #FairfieldCTRealEstate #WestportCTRealEstate #WilliamRaveisRealEstate #YourCastleMyMission #LindaRaymondRealEstate


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Beach House Dreams?

Click image for Instagram Reel!

Love 💕 life at the beach 🏖? I do too! 

Send a note below to ask about a move in one of our fabulous area beach towns like Fairfield and Westport! In the meantime, here’s the town guide to Living at Fairfield Beach!

#beachlife
#livingatthebeach
#coastalliving
#fairfieldct
#westportct
#fairfieldctrealestate
#Westportctrealestate
#yourcastlemymission
#lindaraymondrealtor
#williamraveissouthport

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End of Summer 2022 Housing Market

Click image for Instagram Reel. Linda tells why people are being proactive and making moves now.

The August home 🏡 sales are in, and 147 buyers and sellers in Fairfield and Westport made a move to their happy place! They sold high 💵 and bought before the projected continued price increases ↗️↗️↗️ while also enjoying instant equity in their new homes! 

What would you like to do? 

I look forward to taking with you about your plans. In the meantime you can download my complimentary WHAT SOLD report at LindaRaymondRealEstate.com/Blog. Have a wonderful Labor Day weekend!! 😃

#housingmarket
#waitingforpricestodrop
#waitingwaitingwaiting
#homevalues
#homeappreciation
#housingmarket2022
#yourcastlemymission
#lindraymondrealtor
#williamraveissouthport
LindaRaymondRealEstate.com

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Waiting for a Housing Market Crash?

Waiting for a housing market crash before making a move to a new home? Curious what your home is worth? We have seen unprecedented times in the housing market for sure, but the experts forecast a surprising direction. The question is whether you plan to wait for a housing market crash or take some action!

Linda Raymond in StudioOne talks about waiting for a housing market crash

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Fairfield Coastal Neighbors Profiles Linda Raymond, Realtor

Also view the Fairfield HamletHub interview with Linda: Why Small Businesses Matter.

(For the embarrassing story of me falling into Pine Creek while preparing for a listing meeting.)

For comments or questions about your plans, please reach out below.

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My Three Favorite Entertaining Tips

Click to see Instagram Reel

Everyone loves a fabulous kitchen, but the priceless memories they help to create are even more valuable! 

Here are my three favorite entertaining tips from HGTV’s post on how to party like a pro:

1) Have a Signature Cocktail! This makes your guests feel like they’re on vacation when you hand them one on the way in, and you can make a large batch up front instead of trying to accommodate drink requests on the fly.

2) Create a DIY Photo Booth! Create your own themed frame with a hula hoop and some craft supplies, add some props, and let your guests create some serious history!

3) Try a “More is More” Centerpiece! Make an impressive centerpiece using a grouping of small pretty vintage or themed pieces like a creamer, sugar bowl, shot glasses, or apothecary bottles, and fill them with fresh blooms from your own garden.

What are your favorite party tricks that make the magic when supported by your amazing kitchen?

Share your ideas below! If you are thinking of making a move in the near future, reach out as well. Is your kitchen living up to your standards? Curious what your home is worth in the current market?

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LindaRaymondRealEstate.com

#entertainingideas
#kitchentips
#kitchenfun
#partylikeapro
#centerpieces
#photoboothfun
#signaturecocktails
#lindaraymondrealtor
#HGTV
@hgtv


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Open House, 56 Rugby Road, Fairfield CT

Click to view Instagram Reel!

One of the best things about Fairfield is that the beach, town, and train, are all in the same part of town! 

If you’re looking for this kind of convenience and the lowest-priced new construction in the neighborhood, come to the OPEN HOUSE tomorrow, Saturday, August 13, 2022 at 56 Rugby Rd in Fairfield CT. List price $1,295,000. See you there. 🙌 🏖 🏘 🚊

Call with questions or to talk about your plans, 203-912-4440.

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#Newconstruction
#fairfielctrealestate
#downtown
#walktotrain
#biketobeach
#walkdowntown
Listed by @ealtobellisellshomes


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What Sold in Fairfield & Westport CT in July 2022, and Should You Make a Move?

July 2022 Numbers are in! How does July compare to the previous month, and WHAT SOLD?!

Find out what happened in our local markets by downloading your free WHAT SOLD report with everything that sold in Fairfield and Westport in the previous month here. If you would like the report for another town, send me a request in the form below, and I will get it to you.

So, what are the numbers, Linda?!

In Fairfield, unit sales and market time were up a bit, and the median sale price compared to the asking price was down slightly compared to June. In Westport, unit sales were down from June, and the percentage over asking was also not as high as it was in June. The median days on market were almost the same. If you glance at the two graphs below, you will see the continued trend of upward appreciation of home values in both towns.

FAIRFIELD – July 2022 (vs. June)

Single-Family Homes

Units Sold: 89 (vs. 84)

Median Sale Price: $899,000 (vs. $935,500)

Average Sale vs. Asking Price: 104% (vs. 105%)

Median Days to Contract: 35 (vs. 22)

Fairfield Median Sale Price Trend: 3-Month Averages

WESTPORT – July 2022 (vs. June)

Single Family

Units Sold: 44 (vs. 61)

Median Sale Price: $2,080,000 (vs. $2,076,500)

Sale vs. Asking Price: 103% (vs. 108%)

Median Days to Contract: 20 (vs. 21)

Westport Median Sale Price Trend: 3-Month Averages

Wondering if now’s a good time to make a move? (Mark, pictured above, sure is!)

You may be wondering if prices will be coming down and if you should make a move now.

For monthly charts showing more market parameters in you towns of interest, take a look at the Raveis Local Housing Data, and contact me to discuss the market and your plans.

If you’re thinking of making a move in the next 12 months or have any questions, call directly or send a note to Linda Raymond below.

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Thank you for your response. ✨

#RealEstateMarketJuly2022 #HousingPrices #HomeValues #HomeAppreciation #HomeBuying #HomeSelling #FairfieldCTRealEstate #WestportCTRealEstate #WilliamRaveisRealEstate #YourCastleMyMission #LindaRaymondRealEstate


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If You Have the Chance, I Hope You Dance!

Click image to view Instagram Reel!

Every market brings uncertainties, risks, rewards, and opportunities.

People always ask me if they should sell in the winter, or wait until the spring. Some say they think they should wait for various numbers to go up, or come down.

Should I Wait Until Spring?

The truth is, seasonal opportunities exist year-round. Yes, more sales typically occur in the spring, but there are also many more people simply browsing around for fun, and there’s much stiffer competition for sellers. Whereas in the winter, things may be cooler, but the buyers out looking are very focused and serious. People, in fact, have always moved all year-round!

I Think I’ll Wait Until the Numbers Change

Yes prices are high right now and interest rates have ticked upward. But rates are still historically low, and both prices and rates are forecast to increase further. Is it better to sit and wait to see if prices continue to appreciate over the next five years or more along with potentially higher rates? Or is it better to buy now, get into the home with the place and space that suit your current lifestyle, and enjoy the equity gains that have been predicted? The market will always fluctuate upward and downward, but real estate has proven to be a wise investment in the longterm. What is your quality of life worth?

It’s Too Overwhelming to Start Now

I may have given you more questions than answers here, but hopefully I’ve given you something to think about! If part of your concern is feeling overwhelmed with how to begin and all the steps to take, rest assured, I’ll be there for you to help make it all happen. In the meantime, here is a Buyer’s Guide and Seller’s Guide to answer many of your questions upfront. But don’t worry, you don’t have memorize it all, I’ve got your back!

So if you have the chance to sit it out or dance, I hope you dance!  Joy and opportunity await!
🕺🏡 💃🏻🏡 🪩🏡 🩰

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#ihopeyoudance 
#opportunity 
#justdance
#myhomeismycastle 
#lindaraymondrealtor 

Special thanks to Jadyn Dixon for letting me share part of his real estate video for his listing in New Zealand! Jadyn.dixon@raywhite.com.


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July 2022: Should You Make a Move Now?

Should you make a move now?

From Instagram!

Are prices coming down?

The rate of appreciation is slowing. That is not the same thing as depreciation. Home values are up and appreciation ↗️ is forecast to continue for years 📆 to come.  Home prices are expected to increase an average of 9.3% by the end of 2022, and continue increasing 3-4% each year following through at least 2026 according to industry experts from the Home Price Expectation Survey.

What is your wishlist?

Would you like to sell for top dollar 🤑? Would you like to gain equity 💸 from your purchase as well? Does your current home suit your needs? Would you be excited to be on your way 🏃🏻‍♀️🏃🏃🏿‍♂️to your new home that matches your lifestyle now 🏡 ? Are you wondering where you would go?

What can you do now to get more clarity? 🧐

Download the free WHAT SOLD report here! 👍🏻

Call me to discuss the market and your ideal scenario => 203-912-4440. 

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