Linda Raymond Real Estate Blog, Fairfield, Westport & More

Fairfield & Westport Living- homes, fun stuff & more!


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, October 2021

Looking at how the market did in October… The Westport and Fairfield town-wide sales pace in October slowed a bit from the previous month, consistent with the seasonal trend, and was also down significantly compared to the Covid spike in October 2020, but the sales pace was still above the same time of year in 2019. Inventory remained at two-months of supply in Fairfield and three months in Westport. Low inventory continued to be the most significant limiting factor in these markets. The median sale price was within 2-3 percent of October 2020 numbers and remained significantly higher than in 2019. Market time was still brisk ensuring a constant refresh of available homes for sale.

Industry experts predict continued appreciation of property values and rising interest rates next year.
Purchasing a new home now can award instant equity in addition to exponential savings over the life of a mortgage. Waiting until next year to make a purchase can result in a more expensive purchase. Homeowners that sell now benefit from a larger buyer pool than next year when homes will be more costly for buyers if interest rates go up.

If you are like many others who want to sell but are still on the fence, this fall continues to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans ==> (203) 912-4440.

What has sold in these two hot spots?
Where are the accepted offers in October and the beginning of November? Check out the scoop below and take a look at the charts showing the town-wide data.

FAIRFIELD DOWNTOWN – Within a one-mile radius of the downtown train.

Looking at single-family sales, there were 14 closings in October. Market activity showed 16 new accepted offers, including three condominiums and one commercial building in October through November 8th in Fairfield’s downtown and beach area.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

WESTPORT GREENS FARMS

There was one single-family sale October in Greens Farms. There were four new accepted offers, all single-family homes between $1-4 million, in Westport’s Greens Farms neighborhood through November 8th.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help ===> (203) 912-4440.


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Creativity is King!

When my clients and the markets bring new challenges to me, I want to be sure to respond by bringing new solutions and a compelling marketing strategy to the table. That’s why I work for a company that thinks out of the box and always supports me and my clients with cutting-edge innovation. We are not thinking in terms of black and white, (or even 50 shades of gray 😃), but with an exhilarating and vibrant focus on color and creativity!

William Raveis is about to make a big splash! This week, we will begin launching our new campaign, “Your Best Just Got Better” that highlights the individuality of Raveis agents and how our company empowers us to express our creative freedom to help our clients reach their goals. (Here’s a sneak preview of how some of the images will look on billboards, in magazines and newspapers, on TV, and online.) 

Creativity is the key to our success! We don’t dream in boring black and white; we dream in color, and we dream BIG. The powerful paint splash represents the variety of creative programs and services our agents have to accomplish their clients’ home goals. The colors in our new campaign are expressions of all the resources we have as a company.

It’s truly revolutionary: Not only does our company have the resources to buy the home you want to sell (Raveis Purchase), we can also buy the home you want to buy so you can present an all-cash deal (Raveis CashBid™) and finance it later (William Raveis Mortgage). We also offer bridge financing to help bridge the gap between selling and buying. In addition to our stellar tech and local expertise, our financial resources truly provide an edge over our competition.

On that note, stay tuned for the new look and feel of William Raveis Mortgage and all of the exceptional products and services. The new look pays tribute to our company’s heritage, and it is purposeful, bold and as distinctive as the high-quality service we provide.

We are in the very unique position of being a mortgage company that understands real estate, and this gives our clients a competitive advantage. Our home-selling expertise means we can provide our clients the best financing advice, service, and insight to win competitive offers.

Do you have a challenge my team and I can solve for you?

Call today ==> 203-912-4440.


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, September 2021

Looking at how the market did in September… The Westport and Fairfield town-wide sales pace in September was slower than the previous month of August as well as the Covid spike in 2020, but the pace was still above sales in September 2019. Low inventory remained the strongest limiting factor. Our local housing markets in both towns progressed with strong sales and a continued increase in the median sale price during September.

In case you missed my end-of-summer video commentary on the Fairfield market!

If you are like many others who want to sell but are still on the fence, the fall season will continue to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers in September? Check out the scoop below and take a look at the charts showing the town-wide data.

FAIRFIELD DOWNTOWN – Within a one-mile radius of the downtown train.

Looking at single-family market activity, there were 16 closings in September compared to 19 in August, and 13 new accepted offers in Fairfield’s downtown and beach area at the time this post was written.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

WESTPORT GREENS FARMS

There were 7 single-family sales in September compared to 10 in August. There were two new accepted offers in Westport’s Greens Farms neighborhood at the time of this post.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help ===> (203) 912-4440.


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, August 2021

Looking at the market activity in August… The Westport and Fairfield town-wide sales pace in August showed an up-tick from the previous month of July, and was also up from unit sales in August 2019, despite a dip in numbers compared to the Covid spike in 2020. This is likely due to many people taking advantage of vacation opportunities in July. The local housing markets continued with strong sales and high prices in both Downtown Fairfield and Greens Farms Westport during August.

My end-of-summer video commentary on the Fairfield market!

If you are like many others who want to sell but are still on the fence, September will continue to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. Rates may creep up heading into fall! You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers in August? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 21 closings in August compared to 25 in July and 10 new accepted offers in Fairfield’s downtown and beach area at the time this post was written.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

WESTPORT Greens Farms

There were 10 sales in August compared to seven in July. There was one new accepted offer in Westport’s Greens Farms neighborhood in August, and a few more had just gone to contract.

SOLD:

NEWLY ACCEPTED OFFERS:

Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, July 2021

Looking at July… Although the town-wide sales pace slows a bit, the local housing markets continued with strong sales and accepted offers in both Downtown Fairfield and Greens Farms Westport in July.

The average market time of the newly accepted offers was faster in Downtown Fairfield, at 32 days compared to 41 in the later half of June. But market time was a bit slower in Greens Farms with 54 average days compared to 37 in the last two weeks of June. Many of the sales continued to close at or above the asking price.

If you are like many others who want to sell but are still on the fence, August will continue to offer an excellent window of time to make your move before kids go back to school despite people taking vacations here and there. Interest rates and inventory are still low, and buyer demand is still strong. Rates are expected to creep up toward the end of the summer! You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers in July? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 25 sales and six new accepted offers of single family homes in Fairfield’s downtown and beach areas in July, up slightly from 24 sales in June. The average days on the market for these new listings with accepted offers was 32 with a range from 5 to 107 days as shown below. This is down from 41 days during the last two weeks of June!

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

There were seven sales, (compared to eight in June), and four new accepted offers in Westport’s Greens Farms neighborhood in July. The average market time for the listings that just accepted offers was 54 days ranging from 41 to 76 as shown below. This was up from the 37-day average market time during the second half of June.

SOLD:

NEWLY ACCEPTED OFFERS:

Watch a quick video update on town-wide stats.

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, Second Half of June 2021

Happy 4th of July! The local markets continued with strong sales and accepted offers in both Downtown Fairfield and Greens Farms Westport during the last two weeks of June. The average days on market until the new listings accepted an offer was longer though, with 41 days in Downtown Fairfield and 37 days in Greens Farms compared to 17 and 20 in the first two weeks of June. Nearly all of the sales closed at or above the asking price.

If you are like many others who want to sell but are still on the fence, July offers an excellent window of time to make your move. Interest rates and inventory are still low, and buyer demand is still strong. Rates are expected to creep up toward the end of the summer, and August may be a big vacation month as usual, but especially now that most of us are vaccinated and everyone’s craving a get-away! You are right to arm yourself with an expert guide to help you put your strategy in place and ensure you reach your goal! Call me today to discuss your plans, (203) 912-4440.

What has sold in these two hot spots? Where are the accepted offers during the last half of June? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 12 sales and seven more accepted offers in Fairfield’s downtown and beach areas during the second half of June from the 16th through the 30th. This activity was slightly slower than the first half of the month that saw 13 sales and eight accepted offers. The average days on the market for these new listings with accepted offers was 41 with a range from 10 to 156 days.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

Sales were UP in Greens farms with five closings during the last two weeks of June, compared to just two homes sold the first half of June and none during the last half of May.

SOLD:

There were five accepted offers in Westport’s Greens Farms neighborhood during the last half of June compared to four in the first half and none during the last two weeks of May. The average market time for these listings was 37 days ranging from 17 to 90.

NEWLY ACCEPTED OFFERS:

Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, First Half of June 2021

Summer is heating up and June has started off with an up-tick in sales and new accepted offers in both downtown Fairfield and Greens Farms Westport during the first two weeks in June. The average days on market for the new listings with accepted offers has been just 17 to 20 days. Many of the homes have sold at or above the asking price.

Buyers have had to be creative and aggressive to win their prize. Most homes have been flying off the shelf, yet some… have not, despite this crazy market. You are right to arm yourself with an expert guide to help you put your strategy in place and ensure you reach your goal!

What has sold in these two hot spots? Where are the accepted offers during the first half of June? Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There were 13 sales and eight more accepted offers in Fairfield’s downtown and beach areas during the first half of June from the 1st through the 15th. Sales were almost double the seven sales during the last two weeks of May, and accepted offers were up by two. The average days on the market for the new listings with accepted offers was just 17!

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

Two homes sold in the Greens Farms neighborhood during the first half of June compared to none during the previous two weeks.

SOLD:

There were four new accepted offers in Westport’s Greens Farms neighborhood during the first half of June after having none during the previous two weeks. The average market time for these listings was just 20 days!

NEWLY ACCEPTED OFFERS:

Call me if you are thinking of making a move, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> 203.912.4440


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, Last Half of May 2021

What has sold in these two hot spots? Where are the accepted offers during the second half of May?

More homes have been coming on the market and some are still getting frenzied offers. However, agents are seeing fallout after some bidding wars due to buyer regrets as well as some resistance to the high prices from buyers who are choosing to wait on the sidelines.

If you are going to sell now, I recommend you price your house to match recent sales and not over-shoot so that you attract the current buyers and don’t risk turning them away. Check out the scoop below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There have been seven sales and six more accepted offers in Fairfield’s downtown and beach areas during the last half of May from the 15th through the 31st.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There were no more sales or new accepted offers in Westport’s Greens Farms neighborhood during the second half of May. But there were seven new listings and, (Spoiler alert: two accepted offers on June 2, both under one million dollars.)!

NEWLY ACCEPTED OFFERS:

Please reach out to me if you are thinking of making a move, and let’s have a conversation! 203.912.4440


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SOLD and Accepted Offers in Fairfield Downtown and Westport Greens Farms, First Half of May 2021

What has sold in these two hot spots? Where are the accepted offers by mid-May? Check out the lists below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There have been five sales and 11 more accepted offers in Fairfield’s downtown and beach areas during the first half of the month, from May first through the 15th.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There were three more sales but no additional accepted offers in Westport’s Greens Farms neighborhood during the first half of May.

NEWLY ACCEPTED OFFERS:

Please reach out to me if you are thinking of making a move, and let’s have a conversation! 203.912.4440


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SOLD and New Accepted Offers in Fairfield Downtown and Westport Greens Farms April 11-30, 2021

What has sold in these two hot spots? Where are the accepted offers at the end of April? Check out the lists below!

FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.

There have been three sales and 9 more accepted offers in Fairfield’s downtown and beach areas during the last two and a half weeks of April.

SOLD:

NEWLY ACCEPTED OFFERS:

WESTPORT Greens Farms

SOLD:

There were three sales and three more accepted offers in Westport’s Greens Farms neighborhood during the second half of April.

NEWLY ACCEPTED OFFERS:

Reach out to me if you are thinking of making a move, and let’s have a conversation! 203.912.4440