Suzanne Sholes Homes at The Riverside Realty Group

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United States
Westport, CT
Suzanne Sholes Homes at The Riverside Realty Group

Specializing in Westport, Weston,Fairfield, Darien, Norwalk. Luxury homes, waterfront homes,first ti Real Estate Specialist in Fairfield County

10/05/2023

September YTD Housing Market Update: 🔑🏡 Higher mortgage rates and low inventory continue to impact our local housing market. On Wednesday, October 04, 2023, the national average 30-year fixed mortgage APR is 7.90%, according to Bankrate's latest survey of the nation's largest mortgage lenders. In Fairfield County -home sales dropped 19.72% month-over-month and 26.3% year-over-year. New listings increased for single-family homes and decreased slightly for townhouses/condos. Average sales prices are up month-over-month, with single-family homes at $1,052,804 (6.3% increase) and townhouses/condos at $450,730 (9.9% increase). Days on market vary between property types. Inventory is down significantly for both single-family homes and townhouses/condos. Despite slowing sales, home prices remain at record highs due to limited supply, with an average list price of $1,052,804 in Fairfield County. Swipe to see details for your local market area.

03/28/2023

Are you in the market for a new home? Understanding the closing costs associated with purchasing a property is essential. Check out our latest blog post to learn more about the estimated expenses and be prepared for a successful home buying journey.

02/17/2023

🏡💰 The spring housing market is a sweet spot for sellers! 🌷🌸 With so few homes for sale and high demand, we're seeing multiple offers and over-ask situations. Now's the perfect time to sell your house, especially in Westport where the number of homes for sale is down 77% from pre-pandemic 2019 numbers. Additionally, Weston has seen an 83% decrease in available homes and Fairfield has seen a 71% decrease. 📈 The housing market needs more homes for sale to meet the demand of today's buyers. Let's connect today and take advantage of this hot market! 🔥

02/08/2023

January 2023 Market Update. Locally, inventory shortages will likely keep prices from dropping as buyer demand continues to outpace supply, which remains limited with under two months' supply throughout most of Fairfield County. Looking ahead to 2023, much depends on inflation, mortgage interest rates, and the broader state of the economy, although economists predict many of 2022's national housing trends will continue into the new year: home sales will soften, price growth will moderate, inventory will remain tight, and there will be greater variability between markets, with some regions possibly seeing price declines while other areas of the country remain in high demand and experience price growth. Now more than ever, it is vital to have a trusted real estate professional to help you navigate a changing market. DM me to connect.

01/20/2023

Great to hear the latest update on what’s happening in Westport! Thanks

01/05/2023

Despite rising interest rates, the 2022 lower Fairfield Country real estate market finished with historically low inventory and record-high sales prices. As we head into 2023, the key challenge will be the lack of inventory - there are plenty of qualified buyers looking for move-in-ready homes. If you are looking to buy or sell in 2023, having a trusted professional by your side is more important than ever. 🏡📈

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12/02/2022

The US housing market is undergoing a significant shift. Here in lower Fairfield County, we remain at a severe inventory deficit. The number of buyers looking to purchase homes still outnumbers the properties listed for sale. As we have been reporting, days on market remain historically low, sale prices continue to hover above the list price, and the average sale price is up year-over-year in the majority of the towns where we represent buyers and sellers.

If you are curious about what’s happening with home prices in your neighborhood or local mortgage rates, let’s connect!! National real estate news and headlines are great for understanding the big picture, but hyper-local stats can vary dramatically.

11/03/2022

Here they are! For those of you wondering how our market here in lower Fairfield County differs from what's being reported on the National level, it's clear to see that for the month of October we had an incredibly healthy, steady market. In fact, List to Sale Price was up significantly above 100% in all of the towns we covered while inventory levels continue to land below the buyer demand. Well-priced homes with little to no work needed, drive the greatest number of showing requests and have the lowest number of days on market.

There has never been a better time to connect with your local real estate expert. If the market reports being eccoed throughout the county leave your feeling uneasy, remember Warren Buffett's famous quote about being "fearful when others are greedy, and greedy when others are fearful". Seize the opportunity to make a move!!

09/28/2022

EAT LOCAL
Restaurant Week 2022 runs from September 25th - October 9th

Please see the link in my bio for participating restaurants.
commerce

,Allium Eatery (L) Amis (L,D) Boathouse (L,D) Capuli (L,D) De Tapas (L,D) Don Memo (L) Gabriele's (L) Gray Goose (L) Harvest (D,B) Kawa Ni (L) La Plage (L,D)
Pane E Bene (D) Rive Bistro (D) Rizzutos (D) Romanacci (L,D) Spotted Horse Tavern (L) TAJ (L,D) Tarantino (D) Terrain (D) The Whelk (L) Tutti's Restaurant (L,D) Via Sforza (L,D)
Lunch (L), Dinner (D), Weekend Brunch (B)
Repost@westportwestonchamberof commerce

09/25/2022

Wishing those who celebrate, a new year be filled with love, laughter, health and prosperity.

09/09/2022

We are so excited to particpate in this years Slice of Saugatuck Festival on Saturday Sept 10th from 2 - 5 PM. Stop by our parking lot to listen to the band The Howling Barncats and be entered to win one of two gift cards to or We are looking forward to seeing you there! Head over to the link in our profile for all the details.

07/27/2022

Sweetgreen! COMING to WESTPORT!!

Trader Joe’s shopping Plaza
Pro-tip😎Don’t forget to order off the app! Your Welcome😉
Thanks Dan Woog @06880 for info

Address

472 Riverside Avenue
Westport, CT
06880

Website

http://www.suzannesholes.com/

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