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Home Sales Down, Prices Up Along Fairfield County's Gold Coast
Home sales are down and prices are up along Fairfield County's Gold Coast due to a lack of inventory over the past few years.
The areas most affected by the challenges included Darien, New Canaan, and Rowayton markets, according to Houlihan Lawrence Real Estate Brokerage.
A report released on Tuesday, Jan. 9, said despite the sales decline, median sale prices increased in all three markets by nine percent on average, offering sellers favorable returns.
“Amidst the inventory scarcity, we continue to benefit from the diverse offerings of recreation, cultural amenities, and vibrant …
