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, 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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Get Local Housing Data in Real-Time!

The 2021 housing market is still hot and median sale prices are still up! 📈⬆️⭐️ 

Did you know you can easily compare real-time sales and inventory trends on our Local Housing Data link which you can keep right on your phone? Or for comprehensive local data reports, sign up for our Local Market Insights newsletter on raveis.com.

Take advantage of all of our curated tools to help you make your move and contact me today, 203.912.4440.

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#2021 #LindaRaymondRealtor #WilliamRaveis #TheBestJustGotBetter #RealEstateMarketUpdate #RealEstate #IntheKnow #NumbersDontLie


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Should I Sell My House?

Your home has been just perfect with plenty of space for you and all your needs…until now.

But since the pandemic you may be finding that you, and possibly your family members, have very different needs. This challenging time has certainly given you opportunity to test and evaluate how well your home is serving your changing demands. If you have transitioned to working from home, and may even be alongside your students doing the same, your need for extra space may have become increasingly obvious.

Now you may be wishing you had extra rooms for his and her offices, a homework space, and room for a home gym. If you’re coming from the Manhattan or Brooklyn areas, you are likely craving not just interior rooms, but outdoor space, beauty, privacy and peacefulness. The vicinity to downtown centers and train stations may not be as important as it once was now that the need for frequent commuting is likely a thing of the past.

On the flip side, perhaps your family has college students who have been off to school or will soon be graduating and leaving extra un-wanted space. This would be a prime time to make a move to a better-fitting home. Selling your too-much-space house would also free up your larger home for the many of you who in dire need of more space.

Whether you are feeling too close for comfort or a need to scale back, the current housing market with ultra-low inventory and high demand is beyond prime for sellers, and the current low interest rates also offer a huge opportunity to make a purchase. Feel free to set up your own search here if you would like to peek at market activity near you. Reach out to me anytime if would like to know your options for making a move and want to know what your home is worth in the current market.

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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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She Finally Decided to Sell Her Home, and It Was a Dream Come True!

The seed was planted years ago that maybe someday they would leave their comfortable bubble in Westport, Connecticut, and follow one of their dreams. They knew they would love to go abroad for a while, pursue the adventure of a live-aboard, or follow their passion for waterfront living.

He was excited to go for it, but she, not so much. Selling their home would allow them to be untethered for a while but the emotional consequences of leaving their home and hometown of 17 years with deep connections to friends, the community, and their love of Westport, was not lost on them. 

For starters, the limited choice of homes on the market made homelessness seem a clear outcome. The process of having to show the house day after day during a pandemic and having to deal with the whole listing, selling, and the moving process felt daunting. How could she argue with her grown daughters who rightly said they should keep the beautiful home they had made perfect over the years by putting their hearts and soles into it?

But, wasn’t this the perfect time? Wasn’t now the time to sell your home, especially in Westport with properties flying off the shelf at record speed for top dollar?

As it turned out, the low inventory and logistical barriers were really not the problems.

Becoming emotionally ready for adventure and following the dream was what she needed to take the leap out of her comfort zone. Only once she was at peace with letting go, moving on, and embracing the adventure, had all the pieces, one at a time, fallen into place.

I had come to see their home and discuss their hopes, dreams, plans, and concerns. Following that, we met via Zoom due to the pandemic. I explained the market, the recommended listing price, options for giving them flexibility for their timing, and shared my custom comprehensive marketing plan which included an added detailed walk-through video for buyers to watch before requesting a showing.

Still, for weeks she struggled with the decision. But as they explored their ideas for their next chapter, she shared their dreams with their daughters who became very supportive of their vision. The response from several friends was also positive and supportive of their decision to sell, and in fact many even said they too had been considering making changes of their own and following their dreams.

So they gave me the green light and I put the house on the market while they went to Boston for the weekend to visit family. During that weekend, I managed 25 showings and multiple offers. They chose a buyer who paid more than their asking price and who was agreeable to a long closing period to give them time to find a new home.

They researched their options and visited potential new homes in various areas. Sure enough, they came upon a fabulous waterfront home further north with breathtaking views that they absolutely loved!

So you may want to ask yourself- Does your home truly satisfy your current needs, wants, and, desires? Can you brace yourself to stretch your comfort zone for some adventure? If so, then now is the time to trust the process, and make it happen!

There are numerous logistical options for making your dream a reality. And there happens to be a jackpot of opportunity presenting itself to sellers right now, with buyers from the New York City area searching in droves, low inventory to compete with, and low interest rates to help you and your buyer with your purchase.

A great way to inspire your journey is to explore our Raveis Escapes website with destination locations featured by local Realtors and browse those areas. Set up searches for yourself in any areas that intrigue you get a feel what’s available there. If you are thinking of moving cross-country or overseas, I can refer you to the perfect agent through my elite brokerage network and oversee your satisfaction with them.

Give me a call or send a note below, and let me lead the way!

Linda
203.912.4440

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