The Irish in Fairfield, CT

Posted on March 15, 2010
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In Connecticut’s young history, very few immigrants were received here. Connecticut’s lack of direct trade with Europe coupled with its limited economic opportunities made it one of the most homogeneous states until the mid-nineteenth century. By 1850, about 27,000 of the state’s population had been born in Ireland, making the Irish the largest immigrant group at the time.

The Irish arrived mostly in search of jobs and jobs they did—digging canals, laying railroad tracks and tending machines! By the 1870’s they formed the majority of the labor force.

The Irish have left an indelible mark in the Fairfield area via social clubs and restaurants. The Gaelic-American Club located at 74 Beach Road in Fairfield CT is one such dedicated establishment.

Looking for more Irish Fare—get ready to lift a pint or 2 at The Field on Fairfield Avenue in Bridgeport.

Mary Jo McAvey
maryjo@221sold.com

Westport Real Estate Monthly Snapshot February 2010

Posted on March 10, 2010
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Westport Home Sales continue to improve with February 2010 outpacing 2009 by 81.8% - 20 vs. 11 homes sold. For Homebuyers prices remain low, with substantial inventory to choose from. For Home sellers the Spring 2010 means competitive pricing and preparing their homes for sale. In today’s market, Home buyers are looking for move-in ready homes. Staging provides home sellers a recipe for success, with strategies and tools to sell smart and stand out from the competition.

Highlights:
• The Avg. Home List and Sale Price in February was down approximately 30% compared with the same period over the past two years.
• Average Days on Market dropped 78 days since 2008 for the month of February.
• # of Home Listings Taken was up over 2% in February 2010 over 2009.
• # of Home Listings Sold was strong, resulting in an 81.8% increase compared to February 2009.
• LP/SP ratio adjusted up 4%, as home sellers competitively price homes to market.

February 2010 Real Estate Market Statistics for Westport, CT

  February '10 February '09 February '08 % Chng '09 % Chng '08
Avg. List $ $1,369,320 $2,108,255 $2,183,614 -32.2% -37.3%
Avg. Sale $ $1,289,150 $1,819,300 $2,025,000 -29.1% -36.3%
Avg. Mrkt Time 100 days 143 days 178 days -43 days -78 days
# Homes Listed 73 71 83 2.8% -12%
# Homes Sold 20 11 14 81.8% -42.9%
List $ : Sale $ 94.1% 90.1% 92.7% 4% 1.4%

Fairfield Real Estate Monthly Snapshot February 2010

Posted on March 10, 2010
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Fairfield Home Sales continue to improve with February 2010 outpacing 2009 by 125% - 27 vs. 12 homes sold. For Home buyers prices remain low, with substantial inventory to choose from. For Home sellers the Spring 2010 market means competitive pricing and preparing their home for sale. In today’s market, home buyers are looking for move-in ready homes. Staging provides home sellers a recipe for
success, with strategies and tools to sell smart and stand out from the competition.

Highlights:
• The Avg. List price of a home was up 1.1% and 3.2% respectively over 2009/2008.
• The Avg. Sale price of a home remained relatively flat vs. the past two years.
• The Avg. Days on Market increased by 30 days compared to February 2009, reinforcing the need for competitive pricing and home staging.
• The number of home listings taken was down 5.3% vs. 2009.
• The number of homes sold was strong, resulting in a 125% increase over February 2009.
• LP/SP ratio adjusted down 2.5%.

February 2010 Real Estate Market Statistics for Fairfield, CT

  February '10 February '09 February '08 % Chng '09 % Chng '08
Avg. List $ $841,467 $832,092 $815,393 1.1% 3.2%
Avg. Sale $ $774,083 $786,327 $773,240 -1.6% .1%
Avg. Mrkt Time 116 days 86 days 110 days 30 days 6 day
# Homes Listed 124 131 116 -5.3% 6.9%
# Homes Sold 27 12 25 125% 8%
List $ : Sale $ 92% 94.5% 94.8% -2.5% -2.8%

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