Real Estate Market Update for New Fairfield, CT
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 2% from one year earlier and down 9% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was just over 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 200% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price . The number of units sold Increased 150% year-over-year and Increased 11% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for New Fairfield, CT
Area Information for New Fairfield, CT
  • Community Character: Significant Percentage of Family Households, Low Residential Turnover, Coastal Area
  • Population: 13,920
  • Median Age: 37.71 yr
  • Median Commute Time: 26.82 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 112
  • Sales Tax: 5%
  • Population Density: 559/sq mi
  • Population Change Since 2000: 0%
  • Closest Airport: Westchester County
  • Closest College: Western Connecticut State Univ
  • Closest Jr. College: Naugatuck Valley Comm Coll
  • Median Household Income: $103,987
  • Annual Residential Turnover: 10.79%
  • Median Years in Residence: 6.1 yr
  • Median Home Sales Price: $315,000
  • Closest Major Sports Team: Hudson Valley Renegades (a)
  • Change Avg. Household Income Since 2000: 21%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for New Fairfield, CT
Median Age: 37.71 Married: 56% Number of Households: 4,818 Households with Children: 2,133
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for New Fairfield, CT

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Consolidated School 1.7 mi Public PRESCHOOL-2 0 4
      New Fairfield Bright Beginning 1.7 mi Private PRESCHOOL-K 0 0
      Meeting House Hill School 1.7 mi Public 3-5 3-5 4
      New Fairfield High School 1.9 mi Public 9-12 4-5 3
      New Fairfield Middle School 1.9 mi Public 6-8 4-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for New Fairfield, CT
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.