The Real Estate Chronicle 
July 2015 Edition
    

 
Steven Thomson
(203) 247-6765 

"The Best Move You
Can Make"

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2014

Top 6% of approximately 87,000 Coldwell Banker sales associates worldwide

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Five Star
Connecticut Magazine 2012,2013, 2014 2015 
Diamond Society Award 2010
Diamond Society Award - TNT Partners
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  Like me on Facebook
 
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My Listings

80 Fleming Lane, Fairfield
Georgian Colonial Estate
$2,100,000


6 Hidden Hill, Westport
Coastal Sophistication
$7,995,000


149/151 South Compo Road, Westport
Adjacent buildable lots

$475,000/$400,00

Greetings! 

 

As the summer heats up strangely so is our market activity; July especially around the 4th holiday is typically a slower time for both buyers and sellers as the holiday festivities take priority. Not the case this year. Traffic at listed properties has been surprisingly active, supporting the national consensus that both demand and supply are improving, foretelling future gains this summer.  The Pending Home Sales Index hit a nine year high. The National Association of Realtors states that the index has not been this high since April 2006. 

 

As I look at our local marketplace, I am seeing an uptick in supply being nicely greeted by would be buyers excited to have choices. The prospect of interest rate increases are bringing those buyers off the sidelines.

 

The YTD sales are still reflecting a mixed market place within the 5 towns I follow.  With both Westport (-8.7%) and Wilton (-10.1%) down and Weston (+14.3%), Fairfield (+13.4%) and Norwalk (+1.4%) all showing positive sale through numbers from June 2015 vs June 2014.

    

YTD Average Sales Price 2015 vs. 2014 was up in Westport (+19.6%), Weston (+2.6%), and Wilton (+0.9%), down in Fairfield (-0.7%) and up in Norwalk (+2.7%). 

 

See my comprehensive market action reports for sales, pricing, time on market and trends over the past two years.  

 

Freddie Mac released the results of its Primary Mortgage Market Survey, showing an investor flight to safety for U.S. Treasuries is pushing average fixed mortgage rates lower and helping to keep buyer activity strong toward the close of the spring homebuying season. 

 

This weekend is Coldwell Banker's Open House Event, with 43  homes priced from $305,500 to $2,899,000, something for everyone. If you see something you are interested in and have any questions, please let me know.

 

I am here to advise and inform you of the local market and answer any questions you may have. Don't hesitate to get in touch.

 

Steven

 

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Visit and follow me on my new business Facebook page. I'll be posting valuable real estate and home information every couple of days, I won't overdo it. Take a look to see what I've posted over the past few weeks.  

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1 Quaker Lane, Westport 
Beautifully Maintained Colonial
$1,224,900
Spacious Vintage Colonial
230 North Avenue
Westport, CT 
$1,399,000
My Featured Listing 

"
Conveniently located Colonial near the center of town, thoughtfully updated  to accommodate today's lifestyle and set on quiet double cul-de-sac 
in the sought after University Area.
"

24 Drumm Road, Fairfield, CT -  Photos/Features

Open House: Sunday, July 12, 2015 1:00 PM - 4:00 PM
 

 

Home and Real Estate Topics
blue-doorknocker.jpg

 

8 COOL NEW THINGS YOU NEED FOR YOUR HOME 

 

Always on the lookout for cool new stuff? So are we. And when it comes to our home, we are always excited to showcase the latest and greatest, and share what we find. Check out these 8 new products you'll be rushing to put in your home.

 

THE PRINTS TO USE NOW IN YOUR HOME 

 

Adding pattern to your home is one of the easiest ways to create interest in a space. It's also a great way to add a punch of color, link colors together, and create new style profiles."Combining print and pattern can bring excitement to any room, adding both depth and layers. As a rule of thumb you should have at least three different patterns in your scheme to make it interesting."

 

9 DIY WELCOME MATS TO ADD
INSTANT CHARM TO YOUR PORCH

 

According to our friends at Hometalk, the quickest and least expensive way to increase that charm is by adding an easy DIY doormat. Try one of these 9 sweet welcome mats, to increase your home's curb appeal, and help your front porch leave a winning impression.  

 

 

 

Monthly Market Action Reports

Statistics-150


Looking for market data for your town? 
 
Property sales, price trends, inventory, months supply of inventory, selling price per square foot, selling price vs. listing price ratio. Market Action Reports


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