The Real Deal New York

Fairfield County median home sales price down from same time last year

August 01, 2018 02:36PM

The median sales price in Fairfield County was $425,000, down from $445,000 in the same quarter last year, according to data from Douglas Elliman. The figure, however, was up from the first quarter of 2018, when median sales price was $385,000. The number of home sales was also up 52,7 percent from the previous quarter, with 3,087 homes sold in Q2. Buyers looking at Fairfield County want homes that don’t need a lot of work, Scott Elwell, Douglas Elliman’s senior executive regional manager of Westchester and Connecticut, told the outlet. “There is a stronger buyer interest if it is a new condition house that is move-in ready,” he said. [FBJ]