As a Ridgefield mortgage lender, I pride myself on staying up to date with the latest market statistics, news, and trends. I believe this information helps me offer the best mortgage options to my clients and helps them as they move through the entire process of obtaining a mortgage and purchasing the home of their dreams.
In June, a reputable real estate website reported the median sales price of Ridgefield homes at $572,128. This mean price for the month of June is slightly lower than the median price over March 29th – June 28th, which was recorded at closer to $575,000.
The highest recorded median price so far this year was $600,000 which was reached in February. Before that, the median price was steadily declining from its previous peak of around $675,000 in mid-July of last year.
These statistics are great news for buyers who are looking to take advantage of the recently lower home prices in the Ridgefield area. But lower prices can also lead to an increase in competition, especially if the amount of new listing coming onto the market doesn’t correspond with the increased demand.
If you are looking to purchase a home in the local Ridgefield area, look no further! I am an expert in the mortgage industry and will be determined to use my knowledge of the local market and connections in the industry to get you the best financing options at the most competitive rates around.
Call me today at (203) 470 – 4222 if you would like more information about how we can work together on an individualized approach to finding you the perfect financing for your dream home! I can’t wait to help you save on your financing so that you can comfortably afford the mortgage that works best for you and your family!