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Luxury Market Dips in First Quarter

According to RE/MAX , the luxury market in Fairfield County continued to experience difficulty during the first quarter of 2011. Sales in Greenwich fell by 77 percent compared with the fourth quarter of 2010. High ticket homes in Darien, Westport and New Canaan also had steep declines. New Canaan was down 12 percent but was the only town to show an average price rise, by 34 percent.

Have a real estate news item? Contact me: fpearson@mainstreetconnect.us.

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