Spending an average time of a little over three months on the market, 180 houses have sold since the beginning of the year. With an average listing price of $276,107 and average sale price of $263,065, many sellers are forced to settle for less than they wished to receive. Only one single family home has topped the million dollar mark, finally selling for $1,325,000 on June 1 after being on the market for 348 days, with its waterfront view and beach rights. Here is a picture:

Here are some Stratford condominium statistics since the first of the year:

• 50 condos have sold.
• Average Market Time- 136 days
• Average List Price- $189,125
• Average Sale Price- $175,595

The two most expensive condos sold were bought at $454,000 and $470,000, both residing in Maple Oak Reserve. This new construction 55 and over complex appeals to many adults living and active lifestyle, with over six models to choose from and a club house with a fitness center. Here are a few pictures:

For more information on the Stratford Real Estate market, call Mary Beth Grasso at (203) 257-5748 or visit her website marybethgrasso.com

With only 50 single family houses sold since the beginning of the year, the impact of the struggling economy is reflected not only in this low quantity, but also in the diminished value of the homes sold. The most expensive single family house sold in Monroe since January first was at $708,000, while the average was at $396,820. Being listed at an average of $414,136, it took a median market time of 85 days before the house sold. The market does seem to be on its way up with 15 houses sold already in this month of June.

Condos in Fairfield sometimes carry a higher pricetag than houses in the neighboring towns, but the amenities and community atmosphere make up for the greater expenses. Here are some quick Fairfield Condo Facts since January first:

• 35 condos have sold
• Average Market Time- 131 days
• Average List Price- $470,565
• Average Sale Price- $449,243

The suburban community of Stone Ridge at Fairfield sold four condos since the beginning of the year. Quality construction combined with custom finishes has all the pull of single family houses without the price. Here are a couple of pictures of the community, inside and out:

If you have any interest in this condominium complex or any other condos in Fairfield County, please feel free to email Mary Beth Grasso at mb@marybethgrasso.com

In analyzing the local Fairfield real estate market, here are a few current statistics:

• 265 single family homes have closed since January first
• Average Market time- 100 days
• Average Listing Price- $740,770
• Average Sale Price- $695,321

Here is a picture of the most expensive single family house that sold, at $5,900,000, on Harbor Road. The direct waterfront view with dock, across from the Fairfield Country Club, greatly added to the appeal of this lovely home.                                                            

At the other end of the spectrum, here is the least expensive single family home that sold in Fairfield since the beginning of the year, at $179,000. This two bedroom bungalow would be a great starter house for any young family.

For more information, visit Mary Beth Grasso’s website.                                   

If you have the chance, stop by and see Linda Tabone in Fairfield. She is hosting a terrific ranch style home on a cul de sac in the University area. This neighborhood is filled with well cared for homes where owners can walk to the train if need be. The parcel is .45 and kind of “pie shaped” as it sits at the exact end of the cul de sac. You can access I95 easily from this location in town which is just one more reason to stop in if you happened to need one! If you are in the $395000 range, then you owe it to yourself to stop over! A well maintained home is worth it’s weight in gold in this market!

Stop over and visit Natalie Phillips today at this marvelous listing. This University ranch, sitting perfectly on the cul de sac features 3 bedrooms and 1.5 baths, hardwood floors, .45 acres and potential to add on or remodel as you see fit! The ideas that have been discussed are endless and one is better than the next! The old real estate adage, LOCATION, LOCATION, LOCATION holds true with this home. You can make it into whatever you might need it to be AND the location will hold the value for whatever that is! To see more photos of this sweet, well maintained home, please visit: www.marybethgrasso.com and click on the listings!

Everyone thinks they can imagine how a home will look once it has been remodeled. Being married to a builder, I think I know too! This is why a picture is worth a thousand words…and seeing is believing. If you can venture out today, no graduation parties or other celebrations that is…or even if so, stop by on your way to or fro,  stop by and visit me at Fairfield Green Condominiums. These units are beautiful! They are 2 bedroom, 1 full and 1 half bath homes with laundry in the unit and a deck in the back. The common charges are $348 monthly and they include the heat and hot water charges. Come over and see for yourself how easy life can be if you lived at Fairfield Green! You can see more photos at: www.marybethgrasso.com too if you’d like!

Joanne Donofrio will be the hostess with the most at 5 Deer River Lane in Monroe, CT today! The house has it all and so does Joanne! Stop over and imagine how easy your life would be if you lived in this pristine home! The basement in this home is unfinished and can be whatever you need it to be…gym, office, media room or play room. The back yard is absolutely perfect for the this time of year. Everyone is imagining graduation parties, wedding receptions and showers for brides and moms to be! This Whitney Glen subdivision home is just what you’ve been searching for! Check out the additional photos at www.marybethgrasso.com in the Featured Listing section!

Just made a delicious batch of chocolate chip cookies…and after tasting a few have decided they pass the “done” test! What a treat of a day…for a self proclaimed workaholic. Can’t help it, I love what I do! The truth is, I also love my family. So, after a wonderful day of teenagers arguing with each other and trying to convince me that I really need to let them do something I don’t think is necessary, I feel rejuvenated and ready to tackle the local housing market with fervor! The Spring Market is upon us and it is in full swing. If you are a MOM, I hope you too, had a special day.

Come check out this new listing and see just what YOU can buy in Fairfield County, CT for $579000! You’ll be surprised by just how easy you can live in this home. The open floor plan makes entertaining easy and the back yard is perfect for a pick up game of football, baseball, volleyball or even a wedding reception! Lots of options at this home which is conveniently located in Monroe! It has terrific curb appeal too! For more photos or to see the virtual tour, check out www.marybethgrasso.com!