Fairfield experienced a slowdown in the real estate market in February. The median sales price dropped 17% from January, from $639,000 to $530,000, and the number of homes sold increased only by 2; from 35 in January to 37 in February. That number is…
Fairfield’s housing market saw some noticeable improvements from November’s numbers. Perhaps most promising was that the months of supply dropped below 6, from 6.9 to 5.2 months, bringing Fairfield into a balanced market between buyers and sellers for the first time since February 2018. …
The housing market for Fairfield remained sluggish in November, even though the median sale price increased 8.42% from October. For the year, home prices are down 7% since January, trailing 2018. Fifty-four house sold in November (a slight increase from October), out of 428 that…
The beginning of Fairfield’s Fall real estate market continued to show declines from its yearly high in July. The median sale price for a single-family house was down 17.75% from September and the number of houses sold dropped over 21%; 50 sales out of…
Real estate activity for Fairfield had some mixed results as the Summer market drew to an end. While the median sales price rebounded from the drop in August, the number of units sold decreased and the number of new units to hit the market…