Connecticut Select Homes | Fairfield County CT Real Estate

Connecticut Real Estate Market Statistics

Third Quarter July 1 - September 30, 2009

The third quarter shows that the market is beginning to stabilize. Market statistics for all five towns showed minor fluctuations. All the towns showed a similar amount of Active Listings to the second quarter, which means that there is still a great deal of inventory. Fairfield Real Estate and Westport Real Estate continue to show the most listings sold in the quarter. It is important to note that these towns have the largest population and tend to attract more buyers because they are on the Metro North commuter railroad line. However, the smaller towns posted the largest gains in Average Sale Price. Wilton Real Estate showed the largest increase in Average Sale Price of $218,964 or 26.4%. Easton Real Estate posted a $93,995 or 16.6% increase and Weston Real Estate gains were $78,456 or 9.5%. All the towns continue to have a selling price to listing price ratio ranging from 91-94%.

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