Fairfield, Connecticut real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Fairfield homes for sale market. ... of the tax reform act definitely had an effect on our area, especially in Fairfield County and up in Litchfield County which is a big ‘second-home’ market… The median listing price per square foot was $246. In-depth Fairfield housing reports delivered weekly. median house value data reported by respondents via the U.S. Bureau of the entity. per year: 16.8%). Affordability of Living in Fairfield, CT. Homes are typically worth $321/sqft. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, of the movement of single-family house prices. Our data are built upon With a population of 61,952, 20,595 total housing units (homes and apartments), and a median house value of $663,810, Fairfield house prices are not only among the most expensive in Connecticut, Fairfield real estate also is some of the most expensive in all of America. Fairfield Market Update from Cheryl Scott-Daniels Group Fairfield County Real Estate,Westport CT Homes for sale,Fairfield Homes for sale,Fairfield county information,CSD Select Homes,real estate,Westport CT Real Estate,Residential Real Estate,Westport Real in Fairfield County Connecticut NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… What Locals Say about New Fairfield. Currently, there are 463 homes listed in Fairfield which include 34 condos, 0 foreclosures. Exclusive trends, forecasts and reports for every address. We’re here to keep you up to date with the latest data and market trends in the Fairfield County scene. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. appreciation rates for each city, town and neighborhood within each time Fairfield, CT Real Estate Trends. 7,043,501 and 7,680,859. Real estate agents from Greenwich to Fairfield and north to the Danbury area are reporting buyers materializing in the past few weeks looking to escape New York City, paying asking prices on the spot for single-family homes. Category Archives for "Connecticut Real Estate Market Trends" Minna Reid, Owner of Reid Real Estate Group, brings you insights into current trends in the Connecticut home selling market. conforming, conventional mortgages. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fairfield - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fairfield real estate investment or home purchase decisions. Fairfield, CT Real Estate Trends. Read more on how this ranking was calculated. There's also some housing in Fairfield built between 2000 and later ( 7.01%). developed by Dr. Schiller, NeighborhoodScout's founder, are applied Additionally, there are 1,094 rentals, with a range of $220 to $95K per month. Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days. Updated annually. Census, and a weighted repeat sales index, meaning that they measure average See homes for sale. The median list price of homes in Fairfield County, CT was $559K in November 2020, trending up 11.8% year-over-year. NeighborhoodScout vividly reveals such differences. appreciation rate, and the average annual appreciation rate for each time Neighborhood appreciation rate data are based on transactions involving Fairfield’s last revaluation was effective for the Grand List of October 1, 2015. 26 years of experience. The median list price of homes in New Fairfield, CT was $400K in September 2020, trending up 15.8% year-over-year. The 4th Quarter index value was 1.15 points lower than the 3rd Quarter, 2018 index value of 408.11, resulting in a 0.28% decline for the 4th Quarter in the See Homes in Neighborhoods Near Fairfield, CT. Southport. exceed the conforming loan limit, a figure linked to an index published by The average Westport house price was $1.4M last month, up 61.7% since last year. Fairfield County has affordable coops. Trulia User. to other cities, towns and neighborhoods in the nation, and within the same Other types of housing that are prevalent in Fairfield include duplexes, homes converted to apartments or other small apartment buildings ( 9.62%), row houses and other attached homes ( 6.47%), and a few large apartment complexes or high rise apartments ( 4.77%). Admin: IDX Access | Website Access. Housing Market Trends in Fairfield County, CT The median list price of homes in Fairfield County, CT was $559K in November 2020, trending up 11.8% year-over-year. Ranking based on data from the U.S. Census, FBI, and other data sources. The new mortgage acquisitions 8,376,755. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Housing Market Trends in Stratfield Village. Our data are calculated and updated every three months for each neighborhood, Learn about the New Fairfield, CT housing market through trends and averages. Connecticut Market is down 7% over the last 10 years. All the trademarks displayed on this page are the property of Location, Inc®. Discover all top-rated schools in and around Fairfield County and consider buying a home near a school. one of the highest appreciating in the nation over the last 5-years, but is Fairfield County Connecticut Fairfield County Real Estate Market Summary information provided by the Cheryl Scott-Daniels Group Fairfield County Real Estate,Westport CT Homes for sale,Fairfield Homes for sale,Fairfield county information,CSD Select Homes,real estate,Westport CT Real Estate,Residential Real Estate,Westport Real agency. By sending this Report you agree to NeighborhoodScout's, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fairfield were at 0.97%, which equates to an annual appreciation rate of 3.93%. Housing Market Trends in New Fairfield, CT. Home Values, Rents: Reflects Q2 2020. In this example, the neighborhood is period (e.g., last 5-years: 84% total appreciation, Avg. Here's a summary of July's Real Estate activities in Fairfield, CT. To know more information on what this means to you and your house value, call Judy Mitchell for more info: 203-293-0039. Learn about the Fairfield, CT housing market through trends and averages. Raw data sources: Conforming refers to a mortgage that both meets median house values in each neighborhood, and combine data from the United Get all the latest information about the CT real estate market, read market reports and get the ct housing market forecast! transactions to the FHFA. There are 4,666 homes for sale in Fairfield County, CT, 280 of which were newly listed within the last week. Conventional means that the mortgages ... Real Estate Internet Marketing by Agent Image. As the spring real estate market heats up heading into each April, ... See the trends in your town for single-family home sales over the last several years. These resultant neighborhood appreciation rates are a broad measure Explore the best places to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. Fairfield's housing was primarily built during this period, from the '40s through the '60s. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage 10-years, and even from 2000 to present. percentage change in the resale value of existing homes in that city, town Mortgage transactions on condominiums are fed into NeighborhoodScout's search algorithms. See house prices and market trends in Fairfield County, CT. View recently sold homes in Fairfield County and see average sale price, price per square foot, and number of competing offers. each individual house in the neighborhood. Home prices in the Connecticut Real Estate Market have gained 1.40% over the last 12 months. Ned Lamont made a stop in Newtown Friday to highlight statewide gains — while pledging to do what he could to help municipalities limit property tax increases that are an important criterion in home buyers choosing Connecticut or New York. Protect your real estate investment, know before you buy. Copyright © 2000-2020 Location Inc®. city and town, approximately two months after the end of the previous quarter. and even most neighborhoods in America. Relative to Connecticut, our data show that Fairfield's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut. Market Advice, Trends, Statistics and Forecasts. 29 total homes available. amount exceeds the conforming loan limit. Get monthly market reports delivered to your inbox. Contact Judy today! Real Estate Market Trends in Fairfield, CT The median home price in Fairfield, CT is $809,900.   Fairfield CT Real Estate and Fairfield Homes for Sale. Days after a real estate firm cited the Hartford area as among the hottest markets in the country for September home sales, Gov. The Fairfield, CA housing market is very competitive, scoring 81 out of 100. With 61,952 people, 20,595 houses or apartments, and a median cost of homes of $663,810, Fairfield house prices are not only among the most expensive in Connecticut, Fairfield real estate also is some of the most expensive in all of America. by NeighborhoodScout each quarter as additional mortgages are purchased or NeighborhoodScout reveals the home appreciation rates for every city, town, Use our patented search to check CT home values, average rental prices, the current housing market and more. to the outside). Setting, Housing Stock, Homeownership: 2018 (latest available). 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. See homes for sale. In the last twelve months, Fairfield's appreciation rate has been 1.21%, which is lower than appreciation rates in most communities in America. Some of the best schools near Fairfield County, Connecticut are South School, Saxe Middle School and Staples High School.   previous 29 years to establish price differentials on properties where more neighborhood-specific median house values from the Census Bureau using Parents. Neighborhood appreciation rates from NeighborhoodScout are based on both Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fairfield. Other US patent applications are currently pending. Updated quarterly. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Fairfield. or neighborhood over the latest quarter, the last year, 2-years, 5-years, Then proprietary algorithms Real estate revaluations are performed on a periodic schedule, established by State Law. Connecticut uses RealtyTrac to find real estate market statistics in your local area. There are 409 schools in Fairfield County, CT. Browse her posts below for timely advice, guidance, and news about real estate market trends, or GO HERE to find reports categorized by county and town, or to request your own custom real estate report! Looking to buy a home in or relocate to Connecticut? Read more about Scout's Real Estate Data. Updated on 2020-12-01 | Written by . to produce neighborhood appreciation rates. Real estate information on statistics by estimated market values, bedrooms, bathrooms and year built. Single-family detached homes are the single most common housing type in Fairfield, accounting for 79.05% of the town's housing units. Bridgeport is the most affordable city, with a median listing price of $279.9K. Only mortgage transactions on single-family Minna Reid - CT Real Estate Broker provides insights into current trends in the Connecticut home selling market. What is Fair Market Value and How is That Determined? investors and individual homebuyers. Individual neighborhoods within Fairfield differ in their investment potential, sometimes by a great deal. Appreciation rates are updated as an accurate indicator of house price trends at the neighborhood level. RealtyTrac provides up-to-date information on Fairfield County, CT foreclosure trend and real estate market to keep investors, realtors, & buyers informed. securitized by Fannie Mae and Freddie Mac. or VA mortgages, are excluded, as are properties with mortgages whose principal than one mortgage transaction has occurred. by Fannie Mae or Freddie Mac (by the FHFA). All. only average in appreciation for the same period relative to other neighborhoods Affordability of Living in New Fairfield, CT. Homes are typically worth $223/sqft. Greenwich has a median listing price of $2.2M, making it the most expensive city. There are 173 elementary schools, 79 middle schools, 56 high schools and 101 private & charter schools. information is obtained by reviewing repeat mortgage transactions on As such, NeighborhoodScout does renters or have no single-family homes (dwellings without an entrance directly Other housing ages represented in Fairfield include homes built between 1970-1999 ( 21.88%) and housing constructed before 1939 ( 21.20%). See homes for sale. States Bureau of the Census with quarterly house resale data. Housing Market Trends in Fairfield, CA. One very important thing to keep in mind is that these are average appreciation rates for the town. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Homes in Fairfield County, CT sold for NaN% below asking price on average in November 2020. Are you curious to see what has happened with the Fairfield CT real estate market ? in the state of California. or multi-unit properties are also excluded. Discover more Fairfield County listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). Learn about the Fairfield, CT housing market through trends and averages. There are 43 cities in Fairfield County. Mortgages on properties financed by government-insured loans, such as FHA 28 total homes available. » Fairfield, CT Homes for Sale: Market Report. The median list price of homes in Stratfield Village was $542.5K in November 2020, trending up 20.8% year-over-year. the Federal Housing Finance Board. View Fairfield recently sold homes and information about the Fairfield, CT real estate market. There are 4,666 homes for sale, ranging from $14.5K to $45.8M. New Fairfield Housing Market Information. properties are included. The data Sign Up for Market Reports. Some of the lowest real estate appreciation rates in America over the last ten years have been in Fairfield, where house values have increased just 5.41%, which is annualized rate of 0.53%. Fairfield’s latest revaluation will be effective for the Grand List of October 1, 2020. Over the last year, Fairfield appreciation rates have trailed the rest of the nation. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't Fairfield County is a county in Connecticut and consists of 43 cities. What’s the latest score in Fairfield County real estate? Affordability of Living in Fairfield, CT. Homes are typically worth $321/sqft. Fairfield, CT Homes for Sale: Market Report. Buy or sell your Fairfield CT with the best advice from top agent Judy Szablak of REMAX. Affordability of Living in Fairfield, CT. Homes are typically worth $321/sqft. creating an updated historical database that is then used to estimate the Home sales Single-family homes dominate the sales in Fairfield County real estate as figures increased by 12.2% year … are neither insured nor guaranteed by the FHA, VA, or other federal government Our nationally-comparable school ratings are covered under US Patent No. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Westport, which generated notoriety early in the pandemic after a “super spreader” party, saw real estate sales triple from July 2019, to 100 transactions as tracked by William Pitt Sotheby’s International Realty, with New Canaan sales spiking 75 percent from a … not produce appreciation rates for neighborhoods that consist solely of within a city or town can have drastically different home appreciation rates. The appreciation rates serve price changes in repeat sales or refinancings on the same properties. We also show how each city, town or neighborhood's appreciation rate compares In September 2020, the median list price of homes in Fairfield, CA was $499K, trending up 2.3% year-over-year. The average Fairfield house price was $525K last month, up 12.9% since last year. Learn about the Fairfield, CT housing market through trends and averages. Owner-occupied housing accounts for 77.10% of Fairfield's homes, and 67.52% have either three or four bedrooms, which is average sized relative to America. 28 total homes available. Dog Owners. Fairfield, CT Real Estate Trends. See Homes in Neighborhoods Near Fairfield, CT. Southport. * To verify enrollment eligibility, contact the school or district directly. are used to identify repeat transactions for the most recent quarter, then Full real estate market profile for Fairfield, CT investors, appraisers and lenders. The Westport, CT housing market is somewhat competitive, scoring 39 out of 100. Fairfield County New Construction and Plans, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? This Over the last thirty years, it is up 53%. We show both the cumulative With 13,877 people, 5,019 houses or apartments, and a median cost of homes of $382,567, real estate costs in New Fairfield are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities. Different neighborhoods at the city, town and even the neighborhood level. Tags: agent in fairfield , Best real estate agent in Fairfield CT , Buying a home in Fairfield , Fairfield CT , Judy Mitchell Realtor , real estate agent in fairfield , Market Report , Fairfield Market Report This makes comparisons of house appreciation rates equally easy for professional These data are combined with the data of the reflect appreciation rates for the neighborhood overall, not necessarily NeighborhoodScout has calculated and provides home appreciation rates as a The NeighborhoodScout® search engine is covered under US Patents No. This rate is lower than the appreciation rate found in 90% of the cities and towns in America. A full 49.92% of the town's housing hails from this era. Fairfield Housing Market Information. New Fairfield, CT Real Estate Trends. 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All top-rated schools in Fairfield, CA was $ 525K last month, up %...