Border crossing
REAL ESTATE • Fairfield Report
Suburban shoppers seeking relief from the Westchester listings drought won’t find it in Connecticut’s Fairfield County, in the southwest corner of the state. It’s bone dry in those parts, too. There were (a record low) 895 listings on the market in Q4, down 27% over last year and 77% from pre-pandemic levels, per Jonathan Miller’s Q4 Elliman Report.
As in the New York suburbs to the west, the few listings that actually do make it to market are greedily ingested, lasting only 45 days on average. In over half those Q4 sales, bidding wars raged.
There’s even less refuge in the luxury market ($1.895M and up), where the 196 Q4 Fairfield listings were down 39% from last year. And yet, hope remains for a big spring selling season. Here, three properties listed in 2024 for those starting early:
→ 10 Maher Ave. (Greenwich) • 3BR/2.1BA, 2342 SF • Ask: $2.655M • Renovated 1933 colonial on small lot • Days on market: 2 • Agent: Krissy Blake, Sotheby’s.
→ 716 Cheese Spring Rd. (New Canaan, above) • 5BR/5.1BA, 5076 SF • Ask: 2.875M • Renovated farmhouse on three acres • Days on market: 16 • Agent: Doug Bross, Coldwell Banker.
→ 329 Green Farms Rd. (Westport) • 6BR/6.3BA, 9235 SF • Ask: $4.699M • Traditional new construction on acre lot • Days on market: 2 • Agent: Doug Bross, Coldwell Banker.