FEBRUARY 2021
Real Estate Update

LOWER FAIRFIELD COUNTY



Elizabeth Tardif
CONNECTICUT REAL ESTATE BROKER


Low mortgage rates and limited inventory continue to create challenges for the real estate market. Buyers are ready and willing to buy but finding the right property is not so easy. Are prices becoming too inflated? Is 2021 a good time to buy?
Sales for January were 358, down from December, which is typical. There were no notable changes in the median selling prices or the per square foot selling prices. Market times also remained unchanged from December. Sales above $2.0 million accounted for about 16% of the total sales which has increased for the second month in a row. Sales below $1.0 million were at 62%, which is within the normal range.
January 2021 Single Family Home Sale Report
As reported by the SmartMLS
Real estate is local and varies between each town, area and price point.
For more specific information on your area of interest, contact me.

To view previous month statistics, click here.
Highest Sale for January
27 Khakum Wood Road, Greenwich

Sale price: $6,880,000
Asking price: $6,995,000
Days on the market: 126

Built in 1929 and completely expanded and renovated in 2018, this Georgian style home sits on 2.48 acres of land and features about 8400 square feet of living space, 12 rooms, 5 bedrooms, 5 full baths, 3 partial baths and 2 fireplaces.
Lowest Sale for January
497 Westport Turnpike, Fairfield

Sale price: $240,000
Original Asking price: $265,000
Days on the market: 150

Built in 1920, this charming riverfront Bungalow sits on .24 acre of land and features about 1036 square feet of living space, 4 rooms, 3 bedrooms, 2 full baths and 1 fireplace.
Our real estate market here in Fairfield County is very diverse. There is something to suit every budget and every lifestyle.

Elizabeth Tardif
CONNECTICUT REAL ESTATE BROKER
COLDWELL BANKER
203-246-9065
LizTardifRealtor@yahoo.com