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Health & Fitness

Fairfield Market Snapshot for December 2012

Fairfield CT Real Estate Market Snapshot ~ December 2012

 Fairfield CT Real Estate Market Snapshot ~ December 2012

                                              ~Al’s Monthly Market Snapshot ~Attached, please find my monthly Market Snapshots for December 2012.The market is trending in a positive direction as reflected by the increasein the number of sales while the number of homes on the market has      decreased over the past twelve months.  The average sale price is slightly down in Fairfield.  Supply of inventory hasdecreased throughout Fairfield County.As inventory lessens, rates remain low, new construction is at a 50year low on a national level and re-sales at an 11 year low.  Foreclosureand Short Sales are diminishing.  This confluence of events, along with                                   the continued increase in rental prices, has brought buyers into the marketplace in large numbers. 

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