Last Updated on September 1, 2017 by Minna Reid
September 1, 2017
Fairfield County Short Sale Report YTD 2017: Three percent of all home sales currently in Fairfield County, CT are short sales (What are short sales?). However some towns have more than their fair share! Bridgeport leads the way with the most short sales in Fairfield County with short sales coming in a 7% of all homes sold. While many towns are on their way to recovery with rising prices, not all towns fared equally during the boom or the bust. Market conditions are very local, and while some areas are well on their way to better days, others lag behind. A higher amount of short sales signifies a heavier presence of negative equity in the local market. Fairfield County includes Bethel, Bridgeport, Brookfield, Danbury, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, New Fairfield, Newtown, Norwalk, Shelton, Sherman, Stamford, Stratford, Redding, Ridgefield, Trumbull, Weston, Westport, and Wilton.