The Fairfield County housing market continued to
show heavy sales volume with falling inventory along
with weaker price trends. This trend continued to
occur in entry-level to mid tier housing markets
across the outlying New York City suburbs while
luxury markets in those regions remain softest.
There were 2,536 sales during the quarter, up 1.1%
over the prior year and the most fourth quarter sales
in 12 years. Listing inventory was overpowered by
sales, falling 27.2% to 4,157 from the prior year to
the lowest level of any quarter in more than 12 years…