Ridgefield Real Estate Market Report - Fairfield County, Connecticut
Ridgefield, Connecticut - Fairfield County
| Market Commentary Provided by Top Agent The market if full of contradictions right now so it's difficult to predict what will happen in the next few months. There are great opportunities to find a fantastic home in a wonderful town but I believe it's more important than ever to have an experienced realtor at your side. |
| Report Date | Fall 2009 |
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| Nearest Metro Area | New York City--Manhattan, NY | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $1,800,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | About the same | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Move-up Buyers | ||||
| Buyer Activity for the past 90 days in Ridgefield is | |||||
| Seller Activity for the past 90 days in Ridgefield is | |||||
| Is Financing Available For Qualified Buyers in Ridgefield? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Ridgefield is an extremely desirable town, excellent rep for schools and family focus on the kids. A lot of activities before and after school. Downtown is to die for. Borders Westchester. The CT mag. is a consistent winner in pop category. Best schools. | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $1,800,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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