2007 Fairfield Market Statistics and Overview
Currently there are 402 single family homes for sale in Fairfield. The number of 'high end' listings represents a much smaller percentage of the market than in Westport for example.
There are 43 homes over $2 million in Fairfield vs. 128 in Westport. Keep in mind also that the population of Fairfield is approximately double that of Westport. Fairfield had 50 sales over $2 million vs. 119 in Westport in 2007. Based on the current inventory vs. 2007 sales, Fairfield has approximately 11 months of 'high end' inventory vs. 13 months in Westport.
Current activity reflects trends similar to 2007. Fairfield currently has 81 homes either under contract or bindered vs. 42 in Westport. Of these homes 17 in Fairfield are listed at over $1 million vs. 30 in Westport.