Welcome to the first Fairfield County, Connecticut edition of the Elliman Report series, the first detailed quarterly market analysis of its kind.
Fairfield County price indicators drifted higher in the final quarter of 2014, a trend that began two years ago as the regional economy began to improve. Median sales price edged 1.4% higher to $375,000 from the same period last year, the second highest fourth quarter result since 2007. Year-to-date, median sales price increased 8.4% to $399,999 from the same period last year. The number of sales declined 2.9% to 2,263 from the same period last year…