Tag Archives: Fairfield County Connecticut Real Estate

Darien, Ct in Top 10 for Renters Raising Families.

Rent.com just completed its 2014 list of best cities nationwide for renters raising families with Darien, Connecticut coming in at #6 along with three other Fairfield County, Ct Rentmunicipalities making the top 25. Rent.com looked at data based on high concentration of family households, high rental inventory, and median income greater than $50K, low crime rate, high school scores and more.

The list of 25 best cities for Renters Raising Families includes ten states from across the nation with Fairfield County, Connecticut have four of the cities:

#24 Ridgefield, Ct. median rent for a 2 bedroom $2,850

#18 New Canaan, Ct. median rent for a 2 bedroom $4,429

#12 Wilton, Ct. median rent for a 2 bedroom $3,383

#6 Darien, Ct. median rent for a 2 bedroom $3,590

To read the full article from Rent.com click here.

 

For Landlords and Tenants seeking more information on Fairfield County rentals please contact DMK Real Estate and Property Management in Darien, CT.

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Filed under Ct Real Estate Market, Darien, New Canaan, Rowayton, Ct., Fairfield County

Selling Green Homes in Fairfield County, Connecticut.

Green Home construction accounted for $36 Billion in 2013 according to a recent market research by McGraw-Hill Construction . The report shows that green home construction is expected to more than double to $83 – $105 Billion in 2016.

Connecticut Builders and Contractors should affiliate themselves with trained Realtor in the field of energy efficiency and sustainable practices to help sell their Green Homes in Fairfield County, Connecticut.

DMK Real Estate & Property Management has over 25 years’ experience in residential construction and is a National Association Realtor GREEN designee specializing in selling green homes and a sustainable lifestyle.

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Property Tax Rates Fairfield County, Connecticut ~ 2013.

Property Tax Rates Fairfield County, Connecticut ~ 2013.

To view Ct Property Mill Tax Rates 2014 click here.

In Fairfield County and the rest of Connecticut the property assessment is equal to 70% of the fair market value of the property as established by the municipal Assessor. The property tax rate is expressed in mills or thousandths of a dollar. A tax rate (mill rate) of 11.74 mills is equivalent to $11.74 of taxes per $1,000 of assessed value.

Each town sets its own mill rate; some municipalities have different mill rates for different districts within that town. Assessment dates for property on the Grand List must be assessed by October 1st of the preceding year. So for property taxes due July 1st, 2013 and January 1, 2014 are determined from assessments computed by the town assessor prior to October 1, 2012. Typically the majority of Connecticut towns, real property taxes are payable for the current tax year on July 1st and January 1st, this is the same as the state’s fiscal year. But in some towns payments are made quarterly so check with town hall first.

Home sellers take note that the Connecticut Real Estate Conveyance Tax has increased 0.25% as of July 1st, 2011, click here to read more.

For Fairfield County, Connecticut here are property Mill rates for individual towns. Continue reading

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Filed under Ct., Darien, Fairfield County, New Canaan, Real Estate Posts, Rowayton

Darien Real Estate Market Seeing Steady Price Increase ~ 2013.

Darien Real Estate Market Seeing Steady Price Increase ~ 2013.

July 23, 2013.

The real estate market in Darien, Connecticut has seen a steady rise in prices so far this year with the Average Sold Price Year to Date up 7.9% compared to same time last year. Homes sold year to date   compared to last year are down 11.94% but along with that new listing supply is down 12.07% for the same time period. Yet currently reported on the Darien MLS there are an additional 64 homes under deposit and/or with accepted offers in the pipeline. Continue reading

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‘Green’ Energy Efficient Homes for Sale in Darien, Ct.

May 10,2013.

The spring market in Darien, Ct has been active with prices ranging from $375,000 up to $15,900,000. Currently there are about 130 single family homes for sale on the Darien MLS and today we will be previewing three of them that are ‘green’ energy efficient homes.

The first home is a certified LEED Platinum home that was originally a 1925 home but was totally renovated and remodeled in 2011. The home scored a HERS rating of 37 which makes it approximately 63% more efficient than a new built home. The home won the Connecticut Green Building Council’s (CTGBC) 2012 ‘Residential Green Building Award’. Continue reading

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Filed under Darien, New Canaan, Rowayton, Ct., Green Posts, Interesting Articles, Real Estate Posts

Greenwich, Ct. Real Estate Market Report April 2013.

April 30th, 2013.

Currently the Greenwich Multiple Listing Service, GMLS, is reporting 539 single family homes listed for sale in Greenwich, Ct. The prices range of these homes range from $449,000 for a one bedroom  1,141 square foot home on 0.21 acres up to a $32,995,000 seventy-five acre estate with a 15,862 square foot Elizabethan inspired Tudor Mansion.

Year to date the GMLS reported that there have been 127 single family home sales with an additional 185 homes under accepted offer and/or contracted to sell.*

To find home for rent or for sale in Greenwich, Connecticut please go to this easy to use link.

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Fairfield County, Ct. has Highest Density of High Income Households.

The U.S. Census Bureau just released its report ‘The Geographic Concentration of High-Income Households: 2007-2011’ with the Bridgeport-Stamford-Norwalk, Connecticut region having the highest concentration. The census report finds that 17.9% of households in the area have incomes in the top five percent nationwide which is above $191,469 per year.

San Jose-Sunnyvale-Santa Clara, California came in second with 15.9%

Washington-Arlington-Alexandra, DC-VA-MD-WV came in third with 14.1%.

On a state-by-state basis, Connecticut has the third highest concentration of the ultra-wealthy at 9.5 percent, behind Washington, D.C. at 11.4 percent and New Jersey at 9.8 percent. Continue reading

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Filed under Ct Real Estate Market, Darien, New Canaan, Rowayton, Ct., Fairfield County, Real Estate Posts