← All market updates
The market update · Aug 24 · 3 min read

What A Year Did To The Negotiation In Fairfield

Over the twelve weeks ending August 23, 2026, Fairfield sellers closed more sales, at a stronger share of asking price, than they did over the same window a year earlier.

Over the twelve weeks ending August 23, 2026, Fairfield sellers closed more sales, at a stronger share of asking price, than they did over the same window a year earlier.

A year ago, closing above asking in Fairfield still felt like something worth mentioning at the closing table. It happened, but it wasn't the norm.

The data behind this

Twelve weeks ending August 23, 2026
Median sold price
$775,000

76 sales · 06825

MLS sold data · Twelve weeks ending August 23, 2026

This period, it stopped being the exception.

Start with where things stood before. According to MLS sold data for Fairfield covering the twelve weeks ending August 24, 2025, 57 homes sold. The median sale price in Fairfield was $725,000, and the average sale-to-list ratio in Fairfield was about 101%, meaning the typical seller was landing close to their ask, but rarely beating it by much.

Now look at the twelve weeks ending August 23, 2026. That same market in Fairfield sold 77 homes, a jump of about 35% year over year. The median sale price in Fairfield rose to $775,000, up about 7% year over year.

A year ago, the average sale-to-list ratio in Fairfield was about 101%. This period, it's about 102%. That's a small move on paper, but it means the typical Fairfield seller this period wasn't just meeting their asking price. They were beating it.

That last point isn't a fluke of a few deals. About 61% of sales in Fairfield closed above asking this period. Six in ten sellers who listed a home in Fairfield found a buyer willing to pay more than they asked for it.

Homes in Fairfield are also moving faster through the process. The median days on market in Fairfield fell about 7 days compared with a year earlier, to 62.

Nothing in this data pulls the other way. More homes changed hands. Prices rose. The relative price sellers captured against their own asking price improved. And homes moved faster while all of that was happening. Four measures, one direction, at the same time. In a market where you'd expect at least one of those to complicate the story, none of them did.

If you're selling in Fairfield right now, this is the leverage you're negotiating with. Buyers who show up to compete for a home, not to test how far you'll come down. A year ago you might have priced conservatively to make sure you didn't sit. That caution is costing sellers more than it's protecting them right now.

If you're buying in Fairfield, the room that used to exist to negotiate a seller down has mostly closed. An offer built for last year's market, one that assumes a little give on price or a slower pace, risks losing the house to someone who priced their offer for the market that's actually here.

The number I'm watching next is supply. At the current pace, what's on the market in Fairfield now works out to about 1.2 months of supply, thin by any measure. If new listings pick up before buyer demand does, some of this leverage could start to even back out. If they don't, sellers keep the upper hand they've built over the past year.

I pull this data every period because a year-old assumption about Fairfield can cost you a negotiation today, whichever side of it you're on. If you want to know what any of this means for a specific address, I'm an easy email away.

Merry

Every new letter, first

Want this in your inbox?

The same market update, by email. Plain English, real numbers.

(203) 247-7622
Text Merry the word UPDATE to be added · or email Merry
Merry Hampton
William Raveis · (203) 247-7622 · merry.hampton@raveis.com
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Merry Hampton is a full time Realtor licensed in the state of Connecticut. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Merry Hampton · William RaveisEQUAL HOUSING OPPORTUNITY