This post was contributed by a community member. The views expressed here are the author's own.

Real Estate

Last Fairfield Housing Market Update for the Year, Plus Some Holiday Bloopers!

Concise housing market update: inventory, unit sales and market time for Fairfield and neighbors Westport and Weston, Nov 2014 vs. 2013.

As we head towards the final holiday week before the New Year, I wanted to give you the current housing market snapshot. I’ll give you the full-year summary once we are well into Q1 of 2015 and all the numbers are in. So here’s the scoop for now-

Inventory of homes for sale was up in Fairfield (21%), Westport (16%) and Weston (6%) at the end of November compared to 2013.

Sales were down in Fairfield (-25%) and Weston (-30%), but up thirteen percent in Westport compared to November last year.

Find out what's happening in Fairfieldfor free with the latest updates from Patch.

Even though sales dipped in Fairfield in November, the average days on market was 24% less than it was a year ago (99 vs. 131). However the average market time was up nineteen and twenty percent respectively in Weston and Westport.

Click here to see tables with more detailed information. Let’s see what happens in the New Year. My phone has been known to ring on January 1!

Find out what's happening in Fairfieldfor free with the latest updates from Patch.

In the spirit of holiday entertaining fun, why not enjoy some cooking bloopers from Martha Stewart. Happy Holidays, and send in any questions or request you may have below!

Linda Raymond, Realtor
William Raveis Southport
203-912-4440

The views expressed in this post are the author's own. Want to post on Patch?