Condominium Market Update
As of June, condo sales in Fairfield County are down 33% from last year. The median sale price is 3% less. Here are the individual statistics for Trumbull area towns:
Trumbull:
YTD, there have been 14 condos sold, up 40% from last year
The median sales price for Trumbull condos is $360,000, down 10%
The average market time is 128 days, a 31% increase in number of days on market
Bridgeport:
YTD, there have been 181 condos sold, down 33% from last year
The median sales price for Bridgeport condos is $140,000, down 3%
The average market time is 101 days, a 12% increase in number of days on market
Fairfield:
YTD, there have been 39 condos sold, down 39% from last year
The median sales price for Fairfield condos is $350,000, down 18%
The average market time is 109 days, a 15% increase in number of days on market
Monroe:
YTD, there have been 30 condos sold, up 36% from last year
The median sales price for Monroe condos is $267,000, down 5%
The average market time is 84 days, a 7% decrease in the number of days on market
Shelton:
YTD, there have been 70 condos sold, down 38% from last year
The median sales price for Shelton condos is $267,000, down 16%
The average market time is 99 days, a 3% decrease in the number of days on market
Stratford:
YTD, there have been 82 condos sold, down 27%
The median sales price for Stratford condos is $214,000, down 5%
The average market time is 124 days, a 48% increase in number of days on market