As August is typically a slower month in real estate in our area, it is nice to see that the activity continues to be on the higher side. Yes, a bit slower, but what would be normal would be the summer doldrums which is not what we or our peers are experiencing. This is a positive sign as we look to our "Fall Market". 

 
Single family unit sales are running a bit behind in Westport and Weston but Fairfield, Wilton and Norwalk are ahead of last year's year-to-date sales. See the details in our Market Action Reports. The media has maintained their positive tone and interest rates have continued to support the market as well. Stay tuned for September's report when we are able to shed some light on our second seasonal market as the "Fall Market" begins.  

Average fixed mortgage rates, while up slightly over the past two weeks, are continuing to be at all-time record lows. According to Freddie Mac's market survey, the average 30-year fixed rate is 3.59%.