All About Fairfield, Ohio
Fairfield, Ohio is almost 53 years old.
Currently about 40,000 people live in Fairfield. Located about 25 miles northwest of downtown Cincinnati and within 8 miles of General Electric’s Aircraft Engine plant, Fairfield experienced tremendous residential growth in the 1970’s – the city had to rethink the type of housing, the need for flood control and road improvements.
And the results have been rewarding.
After many decades, Fairfield finally boasts a wonderful, walkable downtown area anchored by state of the art Library and Community Arts Center.
Easy access to I-275 and I 75 make access to hospitals, shopping very easy for their residents.
Many cities boast neat amusement parks, sprawling malls or some other tourist attraction. Believe it or not, inside the Fairfield city limits is the neatest grocery store – and people drive hundreds of miles to shop there. Tourists come from all over the world.
Jungle Jims International Market is a massive 300,000 square grocery food emporium- worth a visit even if you are only visiting the area for a few days.
By the Numbers for Fairfield and Fairfield Township Real Estate
August 26th, 2010 Categories: Fairfield Township, Fairfield, Ohio
The Fairfield and Fairfield Township real estate market is up and down and up….
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
Fairfield |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
146 |
$166,631 |
104 |
120 |
$84,400 |
118 |
| Pendings |
48 |
$151,190 |
67 |
16 |
$77,694 |
81 |
| Closed (01/01/10-07/31/10) |
171 |
$146,870 |
69 |
54 |
$70,596 |
89 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
126 |
$198,069 |
125 |
17 |
$131,697 |
103 |
| Pendings |
34 |
$158,270 |
92 |
2 |
$100,950 |
11 |
| Closed (01/01/10-07/31/10) |
106 |
$167,916 |
73 |
8 |
$ 97,350 |
80 |
Data from Greater Cincinnati Multiple Listing Service
Fairfield’s single family homes showed slight increases (very slight) in list, pending and sales prices for July. Everything else decreased with the average listing price in the Township declining by $15,000. Buyers are still out there, but with so much inventory available it continues to be a “buyer’s market” and pricing is critical.
Email with questions or if you need more detailed information.
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Real Estate Update for Fairfield and Fairfield Twp
July 28th, 2010 Categories: Fairfield Township, Fairfield, Ohio
Fairfield and Fairfield Township real estate market is smooth sailing.
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
Fairfield |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
150 |
$165,906 |
100 |
126 |
$85,675 |
103 |
| Pendings |
21 |
$151,095 |
68 |
14 |
$76,657 |
71 |
| Closed (01/01/10-06/30/10) |
157 |
$146,330 |
69 |
45 |
$71,773 |
94 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
136 |
$213,493 |
129 |
13 |
$134,958 |
83 |
| Pendings |
21 |
$166,002 |
75 |
4 |
$130,425 |
65 |
| Closed (01/01/10-06/30/10) |
96 |
$169,770 |
76 |
7 |
$ 98,829 |
79 |
Data from Greater Cincinnati Multiple Listing Service
Prices have varied only by a few thousand dollars (up here and down there)-buy not anything earth shaking. Fairfield closed 29 single family homes and 8 condos while the Township closed 19 single family homes and 0 condos. What really stands out is the number of condos for sale in Fairfield- surely a sign that sellers need to be conscious of pricing.
Life after home buying tax credits for buyers and sellers in the Fairfield School District is still up for grabs. Buyers are back to circleing looking for a rebate or a great deal.
Email with questions or if you need more detailed information.
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Real Estate for Fairfield Schoold District
June 23rd, 2010 Categories: Fairfield Township, Fairfield, Ohio, Real Estate Stats
School’s out -Fairfield and Fairfield Township real estate market remains slow and steady.
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
Fairfield |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
133 |
$169,627 |
112 |
120 |
$85,905 |
91 |
| Pendings |
35 |
$157,418 |
62 |
17 |
$78,912 |
115 |
| Closed (01/01/10-05/31/10) |
128 |
$144,934 |
74 |
37 |
$71,365 |
84 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
137 |
$219,836 |
125 |
13 |
$136,602 |
106 |
| Pendings |
32 |
$168,509 |
124 |
2 |
$142,400 |
52 |
| Closed (01/01/10-05/31/10) |
77 |
$167,225 |
68 |
7 |
$ 94,829 |
79 |
Data from Greater Cincinnati Multiple Listing Service
Pricing on single family homes in Fairfield is lower for actives and solds- but up on pending sales. The Township has higher pending prices however actives and solds are holding steady. The condo market in both area reflects lower prices for active and sold properties.-however closed prices are inching up. In Fairfield Township a higher priced unit is pending-so the pending price jumped this month.
The tax credit(s) helped the real estate market in the Fairfield School District- we’ll have to see how sales are this month to determine if we can sustain the modest increase in sales.
Email with questions or if you need more detailed information.
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Village Green Fine Art Fair in Fairfield
June 18th, 2010 Categories: Entertainment, Fairfield Township, Fairfield, Ohio
Make sure you head to Village Green in Fairfield tomorrow for the Village Green Fine Art Fair.
Saturday from 11-5…lots to do and see. Parking is available all around the Village Green area
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April Real Estate Update for Fairfield and Fairfield Twp
May 24th, 2010 Categories: Fairfield Township, Fairfield, Ohio, Real Estate Stats
There are mixed signals from Fairfield and Fairfield T0wnship real estate market.
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
Fairfield |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
129 |
$171,830 |
116 |
116 |
$85,785 |
85 |
| Pendings |
44 |
$148,898 |
56 |
21 |
$84,946 |
100 |
| Closed (01/01/10-04/30/10) |
94 |
$149,780 |
76 |
25 |
$74,068 |
89 |
Data from Greater Cincinnati Multiple Listing Service
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
135 |
$218,608 |
117 |
13 |
$143,241 |
88 |
| Pendings |
30 |
$178,015 |
79 |
3 |
$83,567 |
34 |
| Closed (01/01/10-04/30/10) |
53 |
$168,012 |
76 |
3 |
$ 94,633 |
30 |
Data from Greater Cincinnati Multiple Listing Service
Pricing on single family homes in Fairfield is lower for actives, pendings and solds. The Township has lower pending prices but higher listing and sold prices. The condo market in Fairfield has lower prices for active and pendings-however closed prices are inching up. In Fairfield Township condo prices are up-but pending sale prices are down.
Either the market will catch up to the realistic pricing or sellers will continue to hold our until a buyer comes along willing to pay a higher price.
Email with questions or if you need more detailed information.
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