Expert Advise January 16, 2024

4Q Overview Fairfield County & New Haven County

Fourth Quarter Overview
2023 Real Estate Ended on An Optimistic Note

Fairfield County – The dollar volume of closings in the fourth quarter for Single Family Homes was just under $3.5 billion with an increase in the average sales price of 13.25% from 2022.

Fairfield County – The dollar volume of closings in the fourth quarter for Condos was just over $900M with an increase in the average sales price of 18% from 2022.

New Haven County – The dollar volume of closings in the fourth quarter for Single Family Homes was just under $2B with an increase in the average sales price of 9.82% from 2022.

New Haven County – The dollar volume of closings in the fourth quarter for Condos was just over $400M with an increase in the average sales price of 18.6% from 2022.

Source: SmartMLS 2024