Fairfield's single family market in Q1 2026 was defined by speed and competition. The 99 closings represent an 11.2% jump from last year's 89, driven almost entirely by the $1M–$2M sweet spot where 44 homes traded hands — a 22.2% increase — with an average sale-to-list price of 105.3% and just 34 days on market. Homes in this range are selling roughly 40% faster than a year ago. Below $1M, the 35 closings came with even tighter velocity at 26 days on market.
At the higher end, the $2M–$3M bracket held steady at 10 closings but showed a notable jump in price per square foot to $591 (+16.9% YoY), suggesting buyers in this tier are paying more per foot even as days on market stretched to 42. Above $3M, activity is still thin but growing — 7 sales above $3M this quarter versus just 2 a year ago. The luxury tier in Fairfield is emerging but requires patience on both sides. Overall, with 1.6 months of supply and fewer new listings entering the market (-8.2%), sellers continue to hold the advantage across nearly every price point.
| Price Range | Closings | $/Sq Ft | Days on Mkt | Sale-to-List | Mo. Supply | YoY Closings |
|---|---|---|---|---|---|---|
| $500K–$1M | 35 | $419 | 26 | 103.5% | 1.2 | +2.9% |
| $1M–$2M | 44 | $465 | 34 | 105.3% | 1.1 | +22.2% |
| $2M–$3M | 10 | $591 | 42 | 102.0% | 3.0 | 0.0% |
| $3M–$4M | 4 | $837 | 51 | 104.5% | 3.3 | +100.0% |
| $4M–$5M | 3 | $771 | 29 | 106.2% | 3.7 | N/A |
Fairfield's condo market posted 23 closings in Q1 2026, a slight uptick from 22 a year ago. The headline median of $643,833 is down 12.3% year-over-year, but this is a textbook mix shift — not a price decline. Price per square foot actually rose 5.2% to $440, and the sale-to-list ratio of 101.6% confirms that condos are still trading above asking. The median dropped because more of the action was concentrated in the under-$500K tier, where 10 units closed with a 100% odds-of-selling rate and just 21 days on market.
Speed was the defining characteristic: condos sold in an average of 25 days, a 32% improvement over last year's 37. The $500K–$750K range saw 4 closings with 22-day turnover, while the $750K–$1M tier recorded 6 closings but at a slower 52-day pace, suggesting that higher-priced condos require more buyer conviction. With 2.4 months of supply, the condo market remains firmly in seller's territory.
| Price Range | Closings | $/Sq Ft | Days on Mkt | Sale-to-List | Mo. Supply | YoY Closings |
|---|---|---|---|---|---|---|
| Under $500K | 10 | $367 | 21 | 101.3% | 1.0 | +11.1% |
| $500K–$750K | 4 | $447 | 22 | 100.1% | 2.5 | 0.0% |
| $750K–$1M | 6 | $444 | 52 | 101.3% | 2.3 | N/A |
University led Fairfield's neighborhoods in velocity with 118 closings at a median of $937,500 and just 24 days on market — paired with a sale-to-list of 105.0%, making it the most competitive area in town. Stratfield offered a more accessible entry point at $755,500 median with the highest odds of selling at 90.1%, while Tunxis Hill delivered similar speed at 26 days on market for a $600,000 median — the most affordable neighborhood in the lineup.
For buyers seeking premium locations, Beach commanded the highest price per square foot at $700 with a $1.67M median and strong 102 closings — a 29% jump from 2024. Southport's $1.95M median (up nearly 40% year-over-year) reflects its position as Fairfield's most prestigious address, though the 35-day DOM and 83.2% odds of selling suggest a touch more negotiating room. Greenfield Hill rounded out the upper tier at $1.61M median, with robust 76 closings but a longer 36-day market time — a neighborhood where patient buyers may find opportunity.
Whether you’re buying or selling in Fairfield, having the right data makes all the difference. Let’s talk about what these numbers mean for your specific situation.