COMPASS #8 on 2022 Fast 50 List

COMPASS Real Estate was just named #8 on Crain’s New York Business Fast 50 for 2022 and Karla Murtaugh couldn’t be prouder. The FAST 50 measures revenue growth from 2018 to 2021, showing COMPASS grew 626% during that period. As principal of the Karla Murtaugh Homes Team, Karla is also the founding real estate agent of Compass CT’s Ridgefield office.

Founded in 2012, COMPASS pairs best-in-class agents with cutting-edge technology and unparalleled marketing. It has become the country’s largest independent brokerage in six years with $152-billion in sales volume in 2020.

“This most recent recognition is another reason we’re thrilled to be part of the COMPASS team offering outstanding services to our clients. With a proven track record of excellence, our clients are in the best hands whether they’re buying or selling. The outstanding COMPASS referral network offers us access to the top agents across the country, and the company’s continual investment in us as producers means we have the best tools and services to assist our clients in the sale or purchase of their home,” said Karla.

Consistently ranked one of the top Realtors in Fairfield County, the Karla Murtaugh Homes Team specializes in residential property, luxury homes, condominiums, equestrian properties, new construction, relocation, first-time buyers, waterfront properties, and land.

Karla knows Ridgefield intimately and consistently gives back to the community she loves by supporting a plethora of nonprofits including The Prospector Theater and the Boys & Girls Club of Ridgefield where she was named Champion for Youth.

**Published in Hamlet Hub

Ridgefield Q3 2022 Real Estate Market Report

The year-to-date Ridgefield real estate market is a mixed bag of results due to a lack of inventory. While we had a strong third quarter, the number of sales – and as a result – the overall sales volume, was down 24% and 19% respectively over the same time in 2021. However, the good news is that prices are holding steady. The median and average sales prices are still up 6% over the same period in 2021 and up 30% from 2020. While this is encouraging, the lack of inventory plus rising interest rates are starting to create a slight slowdown. For sellers, now is a great time to put your home on the market. For buyers, while interest rates may be elevated over the same time last year, they are still historically low, so it is still a great time to buy. Overall, we hope to see the seasonality remain in the market. The balance is already returning with buyers & sellers equally negotiating to create a favorable environment for their sale.


Decrease YTD in SFH sales from 393 in 2021 to 300 in 2022

Overall sales volume decreased due to the drop in sales

List to sales price ratio reflected over-asking offers

Median sales price YTD increased from $825,000 to $875,000

Average sales price YTD increased from $931,726 to $987,920