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Tag: Fairfield County Housing Market
The local market is attracting a new wave of second home buyers.
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.
In the luxury market, the average fourth-quarter sales price of $2.98 million was up from the $2.13 million level of the previous year.
A recent analysis by a global analytics company showing housing prices are increasing, but foreclosure rates still remain above the national rate.