April Update – Home Sale Statistics – Buyer Homework

When buying a home in Connecticut it pays to be prepared and informed.  Use this checklist to know how to position yourself best for a successful and rewarding  real estate transaction.  

Home Sale Statistics 

Home sales for the month of March were up from the previous month in almost all towns, except Darien.

The three highest sales were in the towns of Greenwich, New Canaan and Darien respectively.  All three sales were around $6.0 million.   My monthly home sale report is focused on the 9 towns of Darien, Fairfield, Greenwich, New Canaan, Norwalk, Stamford, Weston, Westport, and Wilton, which represent a wide variety of communities and home values and are also the towns with the most active real estate markets in Southern Fairfield County.   Seeing the statistics for each town and how they relate to each other is helpful information to understand the difference in markets and current home buying trends.  To see the full report for April, view the newsletter here.  

142 Cedar Cliff Road, Greenwich, Sold for $6,375,000, Listed by Halstead Properties and sold by a non-MLS member.
507 Smith Ridge Road, New Canaan, Sold for $6,100,000, listed by Houlihan Lawrence and sold by Coldwell Banker
32 Pasture Lane, Darien, Sold for $5,775,000, listed by Halstead Properties and sold by Houlihan Lawrence

Greenwich continues to lead in home values and is a highly desirable location due to it’s proximity to New York City and the attractive property tax rate which is the lowest in all Fairfield County.    Darien and New Canaan follow with the second and third lowest taxes and highest property values.   Westport property taxes are the fourth lowest and their property values typically hold the 4th highest spot.  Each one of these nine towns and cities offers a different flavor in lifestyle and all are desirable areas to live depending on personal preferences.

For more information on finding a property in Southern Fairfield County, learning about the community demographics, calculating a mortgage or finding an agent, please visit LizTardifRealEstate.com 

If you reside in the area and would like to know the current market value of your own home, request a personal and complimentary market analysis here.