ridgefield
Ridgefield is a beautiful, colonial town of approximately 24,300 people in the foothills of the Berkshire Mountains in central Fairfield County, Connecticut.
The town was founded in 1708 when about 30 families from Long Island Sound settlements bought these uplands from the Ramapoo Indians. Since then, Ridgefield has had a rich history that includes such personalities as Benedict Arnold, who fought here, and Eugene O'Neill, who wrote here.
The town is famed for its handsome Main Street, which stretches more than a mile along a ridge some 750 feet above sea level and is lined with stately homes, museums, churches, and shops.
info stats
LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
market reports
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