The sales surge across Fairfield County
continued much like the rise in activity observed
in adjacent counties that surround New York
City. The number of sales jumped 30.9% to
3,944 from the year ago quarter and was the
highest second quarter sales total in more
than a decade. Single family sales increased
34.9% to 3,082 and condo sales rose 18.4%
to 862 respectively from the prior year quarter.
Renters and homeowners priced out of New
York City have been seeking more affordability
in the outlying suburbs in high numbers over the
past year. However the surge in sales has not
caused housing prices to rise, given the amount
of slack that remains in the market…