Fairfield Market Report July 2021

Market Overview June continued to be another strong month for Fairfield’s real estate market.  The median sales price for single family homes dropped slightly from $767,500 in May to $765,000 in June.  That puts home prices up 10.55% for the year.  Sales were strong,…

Fairfield Market Report June 2021

Market Overview May was an active month for Fairfield real estate as the Spring market was in full swing.  After taking a dip in April, the median sales price for single family homes rose more than 9% to $767,500.  Since January, that translates to…

Fairfield Market Report May 2021

Market Overview April’s median sales price in Fairfield dipped from the previous months high, from $725,000 to $700,000.  Although a nearly 3 ½% drop, home values were still up a little over 1% for the year.  This slowdown will most likely be temporary as…

Fairfield Market Report April 2021

Market Overview Fairfield’s real estate market took a noticeable turn in March as the median sales price halted its 3-month slide with a dramatic 6.7% rise from February.  That brings the values of homes up 4.77% for the year to $725,000.  With interest rates…

Fairfield Market Report March 2021

Market Overview The housing market in Fairfield continued to cool in February, as single family home values dropped for a third month in a row.  The median sales price was down 1.81% in February to $679,500, compared with $692,000 in January.  The price peaked…