MARKET ACTION REPORT

Kathleen O'Connell

November 2011
Sales Associate (203) 858-2590 kathleen.oconnell@cbmoves.com (203) 227-1269 x237
Trending Versus*: Trending Versus*:

City: Fairfield
Price Range: ALL | Properties: Single Family Home, Townhome, Condo

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings November Median Sales Price November Average Sales Price Total Properties Currently for Sale (Inventory) November Number of Properties Sold November Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) November Sold Price per Square Foot November Month's Supply of Inventory November Sale Price vs List Price Ratio

Month
$612,450 $1,107,626 $438,000 $463,695 536 41 116 $329 $255 13.1 94.4%

LM
2% 2% -2% -23% -7% 0% 6% -4% -7% -7% 0.2%

L3M PYM
-17% -29% 6% -1% -12% 2% 1% 7% 11% -2% -33% -4% -9% 6% 18% -14% 5% -1%

LY
-15% -29% 15% 2% -13% 17% 0.4%

YTD
$530,000 $660,101 564 111 $329 $291 11.6 94.3%

PriorYTD
3% 1% -12% 10% 3% -1% 2% 0.2%

PriorYear
3% 1% 10% 2% -1% 4% 0.2%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
November Property sales were 41, down -8.9% from 45 in November of 2010 and equal to 0.0% 41 sales last month. November 2011 sales were at their lowest level compared to November of 2010 and 2009. November YTD sales of 564 are running -12.4% behind last year's year-todate sales of 644.

Prices
The Median Sales Price in November was $438,000, down -1.6% from $445,000 in November of 2010 and down -1.6% from $445,000 last month. The Average Sales Price in November was $463,695, down -33.4% from $696,562 in November of 2010 and down -22.5% from $598,534 last month. November 2011 ASP was at the lowest level compared to November of 2010 and 2009.

Based on information from Greater Fairfield County CMLS, Inc. for the period 12/1/2008 through 11/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Kathleen O'Connell

November 2011
Sales Associate (203) 858-2590 kathleen.oconnell@cbmoves.com (203) 227-1269 x237

City: Fairfield
Price Range: ALL | Properties: Single Family Home, Townhome, Condo

Inventory & MSI

The Total Inventory of Properties available for sale as of November was 536, down -7.1% from 577 last month and down -4.1% from 559 in November of last year. November 2011 Inventory was at the lowest level compared to November of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2011 MSI of 13.1 months was at its highest level compared with November of 2010 and 2009.

Market Time
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for November was 116, up 6.4% from 109 days last month and up 5.5% from 110 days in November of last year. The November 2011 DOM was at its highest level compared with November of 2010 and 2009.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The November 2011 Selling Price per Square Foot of $255 was down -7.3% from $275 last month and down 13.6% from $295 in November of last year.

Based on information from Greater Fairfield County CMLS, Inc. for the period 12/1/2008 through 11/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Kathleen O'Connell

November 2011
Sales Associate (203) 858-2590 kathleen.oconnell@cbmoves.com (203) 227-1269 x237

City: Fairfield
Price Range: ALL | Properties: Single Family Home, Townhome, Condo

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The November 2011 Selling Price vs Original List Price of 94.4% was up from 94.2% last month and down from 94.9% in November of last year.

Inventory / New Listings / Sales

'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in November 2011 was 64, down -42.9% from 112 last month and down -22.9% from 83 in November of last year.

Based on information from Greater Fairfield County CMLS, Inc. for the period 12/1/2008 through 11/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

MARKET ACTION REPORT

Kathleen O'Connell

November 2011
Sales Associate (203) 858-2590 kathleen.oconnell@cbmoves.com (203) 227-1269 x237

City: Fairfield
Price Range: ALL | Properties: Single Family Home, Townhome, Condo
Homes Sold 3 Mo. Roll Avg
(000's)

D 08 J 09 29 24

F 14 22

M 42 27

A 28 28

M 36 35

J 71 45

J 89 65

A 62 74

S 40 64

O 47 50

N 55 47

D J 10 41 45 48 47

F 37 41

M 43 42

A 56 45

M J 59 123 53 79

J 70 84

A 65 86

S 49 61

O 52 55

N 45 49

D J 11 52 37 50 45

F 39 43

M 28 35

A 53 40

M 68 50

J 85 69

J 59 71

A 61 68

S 52 57

O 41 51

N 41 45

MedianSalePrice 3 Mo. Roll Avg

D 08 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N 510 463 470 463 569 483 593 585 585 511 469 495 433 535 455 500 484 515 525 609 540 420 499 445 465 495 428 478 624 528 619 505 547 589 445 438 481 465 501 505 548 554 588 560 522 492 466 488 474 497 480 500 508 550 558 523 486 455 470 468 463 467 510 543 590 551 557 547 527 491 D 08 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N 446 476 543 611 665 707 670 637 605 611 614 546 444 525 562 638 683 681 667 626 607 617 588 559 452 437 450 517 574 620 624 618 604 586 577 536 15 20 39 15 24 20 9 7 10 15 13 10 11 12 15 15 12 12 5 9 9 13 11 12 9 12 12 18 11 9 7 10 10 11 14 13 D 08 J 09 103 102 F M 87 103 97 97 A M J J A S O N D J 10 F M A M J J 83 115 105 109 96 102 110 110 102 110 113 96 90 112 99 95 91 100 101 110 103 102 103 107 107 107 108 106 100 99 100 102 A 89 94 S O N D J 11 F M A M J 96 113 110 85 116 121 148 133 127 95 93 99 106 103 104 107 128 134 136 118 J A 74 115 99 95 S O N 99 109 116 96 108 108

Inventory MSI

Days On Market 3 Mo. Roll Avg

Price per Sq Ft 3 Mo. Roll Avg

D 08 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N 294 282 266 295 294 291 304 287 311 296 266 290 293 259 335 281 289 275 307 312 301 275 283 295 305 285 275 285 279 292 313 293 295 320 275 255 281 281 285 293 296 294 301 298 291 284 283 281 296 292 302 282 290 298 307 296 286 284 294 295 288 282 280 285 295 299 300 303 297 283 D 08 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N

Sale to List Price 3 Mo. Roll Avg

0.935 0.950 0.948 0.937 0.936 0.928 0.940 0.943 0.939 0.934 0.941 0.928 0.941 0.936 0.949 0.951 0.954 0.950 0.956 0.952 0.943 0.937 0.950 0.949 0.941 0.951 0.956 0.961 0.950 0.958 0.953 0.952 0.947 0.950 0.942 0.944 0.944 0.945 0.940 0.934 0.935 0.937 0.941 0.939 0.938 0.934 0.937 0.935 0.942 0.945 0.951 0.952 0.953 0.953 0.950 0.944 0.943 0.945 0.947 0.947 0.949 0.956 0.956 0.956 0.954 0.954 0.951 0.950 0.946 0.945

New Listings Inventory Sales

(000's)

D 08 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N 54 143 163 165 158 157 142 125 91 157 120 76 43 182 140 183 198 162 146 118 108 145 119 83 42 76 96 176 184 182 149 111 94 113 112 64 446 476 543 611 665 707 670 637 605 611 614 546 444 525 562 638 683 681 667 626 607 617 588 559 452 437 450 517 574 620 624 618 604 586 577 536 29 24 14 42 28 36 71 89 62 40 47 55 41 45 37 43 56 59 123 70 65 49 52 45 52 37 39 28 53 68 85 59 61 52 41 41 D 08 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N 665 526 739 702 591 697 713 640 808 700 526 676 611 596 725 613 612 608 722 766 596 561 614 697 598 701 701 666 701 632 665 621 715 766 599 464 643 656 677 663 667 683 721 716 678 634 604 628 644 645 650 611 647 699 695 641 590 624 636 665 667 690 690 666 666 640 667 701 693 610

Avg Sale Price 3 Mo. Roll Avg

Based on information from Greater Fairfield County CMLS, Inc. for the period 12/1/2008 through 11/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.