Q2-2024
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Q2-2024
The real estate market was marked by low inventory and rising property values during the second quarter of 2024. Demand continues to outpace supply in many communities across Fairfield County, driving competitive bidding and notable price increases.
Seller reluctance to list, driven by a lack of inventory and hesitancy to trade their historically low interest rates, further fueled the listing shortage. Sellers remain firmly in the driver's seat, benefiting from favorable market conditions and the potential for significant returns on their investments. Proper pricing remains critical. Overinflated prices risk rejection from savvy buyers who prioritize value. Sellers are advised to strategically price properties to align with market realities and buyer expectations to achieve success.
As we enter the third quarter of 2024, Fairfield County stands out as highly desirable destinations for buyers. Our communities offer natural beauty, diverse housing opportunities, and a pleasant quality of life.
With Warm Regards,
Liz Nunan President and CEO
SECOND QUARTER 2024
TEN-YEAR MARKET HISTORY
Source : Greenwich MLS, Residential / Single Family Homes * Homes sold for 2024 are annualized based on actual sales year-to-date
$10,000,000
Source : Greenwich MLS, Residential / Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
OF JUNE 30, 2024
$5,000,000 and up
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
$5,000,000 and up
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
OF JUNE 30, 2024
$5,000,000 and up
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2024
$5,000,000 and up
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
OF JUNE 30, 2024
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
OF JUNE 30, 2024
OF JUNE 30, 2023
$5,000,000 and up
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
OF JUNE 30, 2024
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
$1,000,000
$2,000,000
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
OF JUNE 30, 2024
$5,000,000 and up
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
OF JUNE 30, 2024
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TEN-YEAR MARKET HISTORY
OF JUNE 30, 2024
Source : Smart MLS, Single Family Homes
OF JUNE 30, 2023
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