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Elliman Report: Fairfield County Sales 1Q 2015

The Fairfield County housing market began 2015 with a burst in sales above prior year levels as regional economic conditions continued to improve. The first quarter market had the highest number of sales in 9 years and the lowest amount of inventory in a decade. There were 1,706 condo and single family sales, up 7.7% from the prior year quarter. Listing inventory fell 20.3% to 4,922 over the same period. The combination of rising sales and falling inventory created the fastest market pace in a decade…

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