Connecticut has been experiencing a population decline, but that is not necessarily the case in Fairfield County. Our population increased by almost 50,000 from 2013 to 2017 while the rest of the state saw a decrease in population. According to the US Census report, over 2500 residents migrated from the New York burroughs to Fairfield County between 2011 and 2015.
Millenials are trying to strike a balance between commuting and affordability and Fairfield County offers the rural, white picket fence neighborhoods and towns where they want to raise families. With more attractive property tax rates, an upscale lifestyle, the comforts of the suburbs and close proximity to New York City, Fairfield County remains a highly desirable destination.
For the latest home sale statistics in Fairfield County’s most active commuter towns, see my published newsletters.
To search for properties or receive a personal current market analysis for your home, visit my website: LizTardifRealEstate.com.
The National Association of Realtors publishes an annual report on nationwide Home Buyer and Seller Generational Trends. Below is their 2018 report.