March Market – Ridgefield

In general, the first quarter of 2013 has shown an increase in unit sales over the same period last year. Homes are selling for approximately 97% of their list price and we are starting to experience multiple offer situations on homes that are show ready and priced properly. Buyers are taking note of the perfect storm caused by low interest rates and finally stable home prices. As the local real estate market begins to rebound, I expect we will see values rise slowly. Unit sales will continue to climb, outpacing recent years.