CT Real Estate Stamford, Greenwich CT Real Estate, homes for sale, luxury homes, waterfront homes, Condos, Condominiums and CoopsWaterfront specialist Stamford, Greenwich CT

The Year End
Real Estate Report 2004



Greenwich, CT
Stamford, CT
Norwalk, CT
New Cannan, CT
Darien , CT
Westport , CT


Along Greenwich Avenue

CT Real Estate Reaching New Records!

 Real Estate News and Figures
for 2004

by Christina Tracy
Connecticut Real Estate New Record Highs

As interest rates remain just above historic lows the real estate prices in the Lower Fairfield area soared upward in 2004. We have had a low inventory and a high demand for the properties! Many first time buyers are entering into the housing market and this is creating a high demand for condominiums. Our neighboring Westchester County homeowners are buying in Connecticut because the New York taxes are considerably higher than many of the Connecticut towns, in addition we are attracting many buyers who live in New York City. I have many buyers
who are looking to move from Manhattan because they are discouraged by the Manhattan real estate market. The bidding wars and the small sizes of the coops and condominums, coupled with high common charges are the biggest factors that are driving people out of New York City. As one of my clients said, "At the end of the day, it all comes down to quality of life"!

Sailing in Long Island Sound

Greenwich CT Real Estate Statistics

The average house price in Greenwich in 2004 was $2,221,312, with a median of $1.55 million. Condo prices averaged $733,664, with a median of $606,205.

An arial view of Stamford


Stamford CT Real Estate Statistics

The average house price in Stamford CT in 2004 was $740,557, with a median of $635,000. Condos' average price was $301,561.


Norwalk CT Real Estate Statistics

The average house price in Norwalk in 2004 was $612,000, with a median of $490,000. Condo prices averaged $295,922, with a median of $275,000


 


New Cannan CT Real Estate Statistics

The average house price in New Cannan in 2004 was $1,741,475, with a median of $1.4 million. Condo prices averaged $622,980, with a median of $622,000

 

 
Darien CT Real Estate Statistics

The average house price in Darien in 2004 was $1,495,535, with a median of $1.13 million.



Westport CT Real Estate Statistics

The average house price in Westport in 2004 was $1,324,034, with a median of $1.1 million. Condo prices averaged $790,709, with a median of $795,000

 
 

For additional Connecicut real estate information contact Christina Tracy at 203 273 5810 or Email ctracy@christinatracy.com

From Condos to Waterfront Estates.. Stamford, Greenwich, Norwalk and Lower Fairfield County!


PARTNER LINKS
Real-Estate-Agents.Com

Epowered Professionals Real Estate Directory


Stamford H20 News Magazine



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This site is updated frequently to reflect the latest information about Stamford Real Estate, Greenwich Real Estate, Norwalk Real Estate and Lower Fairfield County CT real estate, homes for sale, luxury homes, waterfront homes, investment properties, Condos, Condominiums and Coops in Connecticut!