Fairfield luxe homes are sitting on the market 20% longer than in 2017

TRD New York /
Apr.April 19, 2018 11:45 AM

Douglas Elliman’s report on the first quarter of 2018 finds that the inventory of luxury homes in Fairfield County — those priced at the top 10 percent of all stock on the market — was up almost 6 percent from the same time last year, but those homes were sitting on the market 20 percent longer than they were last year, now taking an average of 234 days to sell. The median sales price for these high-end homes was down nearly seven percent, now at $1.99 million. [Douglas Elliman]


Related Articles

arrow_forward_ios

The Seychelles to auction off estate at a discount after diplomat’s divorce

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Paul Simon’s Connecticut estate is on the market for $14M

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

This new bill is taking aim at property taxes for golf courses — including Trump’s

Placeholder image

Rockland County’s troubled Time Nyack Hotel gets a new owner

Placeholder image

Edge-on-Hudson developers enlist architect for parks and paths

Placeholder image

Report finds Norwalk and Stamford have highest rents in Connecticut

arrow_forward_ios