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How’s The Market? – May, 2018


Dear Friends,

Later blooms on the trees and rising interest rates have attenuated the Spring market a bit this year, despite lower housing inventory across the country, and across Fairfield County. Many standoffs have been reported in price negotiations and post-inspection issues. Perhaps this is due in part to buyers’ widespread frustration with decreased purchasing power after recent rate hikes, and their consequent reduction in available cash for future home repairs and improvements.

See below for the latest data, and a sneak peak at my fantastic new listing.

Best, Joni


Click to get my detailed market reports for Southern Fairfield County


Reportedly once the summer home to Frank Sinatra and Mia Farrow, this palatial neoclassical 10+ acre riverfront estate is accessed by a fairytale bridge, and features extraordinary European-styled spaces, including: A Paris-inspired double height gourmet kitchen and grand Butler’s Hall, infinity edge pool/spa and cabana, six master-worthy bedroom suites, an old Hollywood style theater complete with candy arcade, a gilded pub room, 9 cupolas(!) antique horse barn, sandy beach, and some of the finest (Orvis-recognized) trout fishing in the region. Offered at $5,995,000.