Market Overview The Spring real estate market has been strong in Fairfield, as May continued a 4th straight month increase in the Median sales price for single-family homes. Home values started the year off low at $590,000, which ended several months of decline in…
Market Overview The Fairfield real estate market saw little change in February. Median sales price for a single family home rose by $5,000, from $590.000 in January to $595,000 in February. That’s less than a 1% monthly increase, and represents a 9.16% decrease in…
Market Overview The real estate market in Fairfield has started the year down, continuing a 4 month drop in home values. The median sales price, $590,000, dropped 17.48% from December’s price of $715,000. Prices peaked in June ’22 and have been declining month over…
Market Overview December’s median sales price for a single family home in Fairfield was $720,000, down 12.73% from the prior month of $825,000. Home values closed the year lower than they started in January by 1.71%, however still managed to gain 3.60% over December…
Market Overview After two months of declining home values, the median sales price for a single-family home rose in Fairfield by 2.8%, from $829,500 to $853.275. Although down by over $80,000 from June’s peak, prices are up 16.49% for the year. This is interesting news,…