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Home » Now is a good time to buy a home in Fairfield County

Now is a good time to buy a home in Fairfield County

February 20th, 2017 | Higgins Group Real Estate

Most people who are tired of living in the busy urban jungle of NYC usually relocate to the suburbs. When it comes to nearby communities, Fairfield County, CT is one of the top choices. Whatever your reasons are for relocating, now may be the perfect time to consider moving to Fairfield County.

Homebuying
Here are few reasons why:

Low prices

This year, Fairfield County home prices reached an all-time low and are down by $26,000 compared to last year. A significant number of homebuyers have caught on, as shown by the increase in sales – there was a 12.2% increase for single-family home sales in 2015, which further increased by 1.74% in 2016, which indicates an ongoing trend.

It’s close to NYC

If you happen to work in NYC, it’s easily accessible from Fairfield County – you only need to take the Metro-North Railroad in order for you to get to Grand Central in less than 80 minutes.

It’s an excellent investment opportunity

It’s wise to invest in Fairfield County real estate right now, as home prices are currently affordable. It offers two big advantages: you can decide to resell a property later on when it becomes a seller’s market, and at the same time you get a larger property in a laid-back environment – something you won’t find easily in the New York metro area.

Good range of choices

There are 24 different communities within Fairfield County, so you get plenty of great options to choose from, allowing you to easily find an ideal home and neighborhood. The current median price range is around $150,000 to $1.7 million, which means there’s a price point for almost everyone, including first-time homebuyers, luxury homebuyers, and retirees thinking about downsizing.

What else are you waiting for? Now’s the time to take the plunge! For more information about Fairfield County, take a look at this page.

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