For the month of February there were a total of 176 sales in the towns of Darien, Fairfield, Greenwich, New Canaan, Norwalk, Stamford, Weston, Westport, Wilton. 18 of those were over $2.0 million which represents about 10% of the market. Greenwich and Westport both had the highest sales for the month.
18 Oneida Court in Greenwich sold for $4,700,000
2 Pritchard Lane in Westport sold for $3,450,000.
For more details see my March Newsletter.
We are well into the Spring market and inventory levels are still on the lower side. Market times in many towns improved over last month as well as the selling prices per square foot. Both good signs for the market in general although the selling activity remains unremarkable for the month of February. Below are the February numbers for our lower Fairfield County towns. Values and market times vary depending on the market diversity. Fairfield, Norwalk and Stamford will always have the highest number of sales as their markets are the most diverse but property values continue to remain highest in Greenwich, Darien and Westport, respectively.
The market for Contemporary Art has exploded. Here are a few to watchif you are thinking about collecting or maybe just curious about which artists are hot. Keep in mind if you like an artist’s work but it does not fit your budget, there are many talented emerging artists to consider as an alternative.
The Community show at the Bruce S. Kershner Gallery in Fairfield is coming to a close. Be sure to stop by before March 17 for some great art at very affordable prices. The next show will be a landscape show starting on March 23 featuring several local landscape artists each with their own unique style of portraying local landscapes and beyond. Did you know that gazing at a landscape work of art for only a minute can momentarily transport you to another time and place, relaxing your mind and reducing stress levels?
With so many styles of art, it can be challenging to find what is right for you. Technology is continually creating new mediums for creating art. If you want something new and exciting…check out some fractal art . This newer genre of high tech art uses algorithms and fractal generating software to create powerfully colorful and detailed psychedelic-like images. Louis Markoya, a protege’ of Salvadore Dali, is a Connecticut artist who brilliantly incorporates fractals in his work.
Original art is abundant. Why settle for a copy of anything? Call Cherry Street Art for a consultation to find art you love. 203-246-5397