Home Tags Condos
Joe Rand, managing partner of the brokerage, told the Business Journal that SALT has had a modest but meaningful effect on the high end of the market.
The average size of a luxury sale has shrunk annually for four of the past five quarters.
The New Canaan condo market recorded an average sales price of $1.24 million based on five closed sales.
Average sales prices in Fairfield County’s single-family, condo and luxury housing markets during the third saw declines on a quarter-over-quarter and year-over-year measurement, according to new data released by Douglas Elliman Real Estate.
Fairfield County’s housing market recorded its fifth consecutive annual increase in median sales prices and eighth consecutive year-over-year decline in listing inventory during the first quarter of 2018.
Third-quarter home sales in Fairfield County overcame low inventory to record healthy sales volume, according to data released by Douglas Elliman Real Estate.
A total of 3,641 single-family homes were sold in Connecticut last month, compared with 3,230 sold in July 2016.
The inventory of houses listed on the market is down 20 percent this year in Westchester, Rockland, Putnam and Orange counties.
Sales activity within the Fairfield County residential market ended 2016 with something of a whimper, according to new data released by Douglas Elliman Real...
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