February 2010 Darien, CT Home Sales
Darien, CT February home sales statistics were disappointing. But… when reviewing the February sales stats at the bottom of this page, keep in mind that these are houses that closed in February but were probably bindered in November. The usual leadtime from accepted offer to actual close is three months. November is usually a slow time for home purchases because people are traveling or decorating their homes for the holidays and are not looking... [Read More...]
January 2010 Darien Market Statistics
The New Year kicked off an improved Darien Real Estate Market, with sales up 200% in January compared to a year ago. The robust pace of sales can be attributed to an increase in consumer confidence and buyers taking advantage of low interest rates, tax incentives and affordable prices. Home sellers can position themselves for success, by listing their homes early in the spring market, as the market is experiencing optimum buying conditions and lower... [Read More...]
Darien January 2010 Home Sales
Things are picking up in the Darien, CT real estate market and a feeling of optimism is beginning to wash over the town. We are thrilled to report that homes priced over $2.5 million are beginning to trade again and that buyers are once again out in full force at all price points. Private Associations like Tokeneke and Allwood, as well as, waterfront locations in areas like Noroton Bay and Five Mile River, are sought after by buyers seeking premiere... [Read More...]
Lower Fairfield County 2009 Real Estate Sales Statistics
2009 proved to be an interesting year in real estate. While home sales in some areas of the country plummeted, other areas showed a deceleration, leveling and even improvement from 2008. Fairfield County, the Gold Coast of Connecticut, is a prime example of the latter. Average sale prices for 2009 in lower Fairfield County towns, showed modest to moderate decreases. But in some towns, unit sales, sale to list price ratios and market times leveled... [Read More...]
Darien Real Estate Market Statistics – 4th Quarter Comparison
As you can see from the 4th quarter Darien Market statistics, when houses are priced right, buyers will perceive value and houses will sell. The Darien real estate market had a sizable uptick in houses sold in December and projections are that Spring will be very active on both the buy and sell side. The Darien market saw improvement in the 4Q of 2009, although prices continued their downward trend, buyers became motivated by affordability, low... [Read More...]
Fairfield County Real Estate Review- Home Buyer Statistics
Al Filippone shares the latest home buyer statistics from the National Association of Realtors. Watch to find out how home buyers found the home they purchased. SHARETHIS.addEntry({ title: "Fairfield County Real Estate Review- Home Buyer Statistics", url: "http://afadarien.com/real-estate-market-statistics/fairfield-county-real-estate-review-new-home-buyer-statistics/" }); Read More →
26 Is The Magic Number in Darien Real Estate for December 2009
26 properties closed in Darien in December 2009 and 26 properties accepted offers or are under deposit. This is dramatically up from the 7 sales in December 2008. There is momentum going into 2010 and many buyers are out there looking. Buyers are frustrated with lack of inventory. These next 3 weeks are going to be telling as to whether the Spring Market will have an early jump start. Darien Home Sales December 2009 Address Sq Ft Close... [Read More...]
Darien CT: Real Estate Market Statistics 11/09
Look on the bright side Darien! 2009 Home sales statistics for November out shine 2007 and 2008 November statistics in some areas. While unit sales stayed about even with last year, average sale price and the list to sale price percentage have excelled over last year. 2009 median sale price has improved over 2007 and … drum roll, please… this November, the market time has beat out both 2007 and 2008! These improvements although not drastic,... [Read More...]
Shh! Don’t tell anyone: Real Estate Inventory in Darien is very low.
You might be surprised to learn the real estate inventory in Darien, CT is very low right now. There are only 140 homes listed for sale. Based on the fact that 113 homes have closed in the last 6 months in Darien, that means there is about a 7 month supply of homes for sale. Earlier this year we had a 22 month supply and close to 200 homes on the market. What does low inventory mean for sellers? If you are wrestling with whether you are going... [Read More...]
Darien CT: Real Estate Market Statistics
Home sales in Darien show impressive improvement. Home buyer tax credit has definitely played a role, as well as, improved confidence in the economy and the Fairfield County real estate market. The slight improvement in median and average sale price is promising and expected to continue to rise. Darien Single Family Home Sales Single Family Homes Total Closed Median Sale $ Avg. Sale $ Sale to List price October 2009 19 $1,249,000 $1,549,505 94% October... [Read More...]
