Expert Advise May 6, 2024

April Real Estate Market Update – Stay Informed

Let’s dive into the April real estate market updates for Fairfield and New Haven Counties in CT, Stay Informed!

On the Supply Side: We had an increase in inventory of new homes for sale of over 13.8% for Fairfield County and 8.9% for New Haven County.

Despite Affordability Challenges: The buyers demand was high in both Fairfield County and New Haven County with an average of 2% over ask for closed homes.

Market Activity in Fairfield County: Homes sold for 7.8% more than they did a year ago.

Market Activity in New Haven County: Homes sold for 9.9% more than they did a year ago.

Market Conditions: Both Fairfield and New Haven Counties remains a Seller’s Market, where prices tend to be higher, and homes are selling faster.

Selling or Buying: Stay informed about the local real estate market is essential. These updates provide valuable insights for both buyers and sellers in Fairfield and New Haven Counties.

Contact LeeAnn Today (203) 253-4567:  Ask for a NO obligation, COMPLIMENTARY consultation regarding your housing situation.

Prepared By,
LeeAnn DeLeo, Realtor-Broker Associate

leeann.deleo@gmail.com
(203) 253-4567