Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
but i did post the above topic because i sometimes feel that i've achieved enough and more than i would have ever achieved if i had never come to the US, but at the same time, when i see my coworkers who talk about their house remodels, yearly vacations and cars which are definitely better than mine, i wonder if i do something wrong, because i cant keep up with them despite having the same income. yep, inferiority complex here.
anyway guys, thanks and please keep sharing your comments/individual experiences. it give me perspective
Sometimes this is all just a facade.....know plenty of people who appear to have it all, yet things come crashing down in later years as they were just spend, spend spend in order to maintain a certain image rather than make any sort of sensible financial plans for the future. You just never know!
Towns like Newtown (avg sale price $335k), Trumbull ($363k), Monroe (321k) and Shelton ($285k) will be a lot more affordable for Fairfield County than adjacent towns to the south.
You are a little off kidyankee. That is why it is getting harder and harder for middle class individuals to live in eastern FF County too. Average house price from City-Data info as of 2012.
I am from Stamford and when I bought my house in Trumbull over 15 years ago house prices were about 1/2 of the house prices in Stamford. Now look what is happening.
Stamford: 478,000
Trumbull: 386,813.
Trumbull vs a Stamford house is not 1/2 the price anymore.
You are a little off kidyankee. That is why it is getting harder and harder for middle class individuals to live in eastern FF County too. Average house price from City-Data info as of 2012.
I am from Stamford and when I bought my house in Trumbull over 15 years ago house prices were about 1/2 of the house prices in Stamford. Now look what is happening.
Stamford: 478,000
Trumbull: 386,813.
Trumbull vs a Stamford house is not 1/2 the price anymore.
Are you looking at average sale price or average home value? I would look at median sale value to get a good picture of what people are actually paying right in the middle of the range for the town.
Are you looking at average sale price or average home value? I would look at median sale value to get a good picture of what people are actually paying right in the middle of the range for the town.
It is the estimated median house or condo value on City-Data.
Here is why I would not go by the SALES figures of any particular month or quarter of a year. Let's say in Trumbull, Newtown and Monroe the smaller houses are selling (which would be BELOW average) better for some reason and the average and large houses are not selling during that particular time frame. If you go to buy an average house (3-4 bedroom 2000 SF) you are still going to have to pay about $400,000 in Trumbull, Monroe and Newtown.
Do you have a link to show the houses being sold at the lower prices? I would be interested to see if they are smaller than the average houses in those particular towns.
It is the estimated median house or condo value on City-Data.
Here is why I would not go by the SALES figures of any particular month or quarter of a year. Let's say in Trumbull, Newtown and Monroe the smaller houses are selling (which would be BELOW average) better for some reason and the average and large houses are not selling during that particular time frame. If you go to buy an average house (3-4 bedroom 2000 SF) you are still going to have to pay about $400,000 in Trumbull, Monroe and Newtown.
Do you have a link to show the houses being sold at the lower prices? I would be interested to see if they are smaller than the average houses in those particular towns.
Hrm, I do not. I appreciate your point, but then at the same time, I imagine it's pretty well reflective of how fast "normal" priced homes move versus the big multi-million dollar homes that tend to skew averages. I will dig into the data and see what I can find!
You are a little off kidyankee. That is why it is getting harder and harder for middle class individuals to live in eastern FF County too. Average house price from City-Data info as of 2012.
I also find price per square foot to be a helpful indicator too -- it kind of levels the playing field a bit and gives you a good idea how to compare apples to apples (some towns have higher percentages of older/smaller homes (*though smaller homes generally command a higher price per square foot), and so it's not always fair to compare those prices to a town that has lots of new developments w/ big houses; also, some small towns have far fewer sales during the same time period than a larger town would, and so you may not be necessarily be getting an accurate representation of "average" homes in the small town during the snapshot period -- it can be skewed wildly one way or the other). I like Trulia for this -- if you click on the "local information/market trends" tab, you can see almost real time data. For instance, right now trulia is posting numbers for the 3 months ending Nov. 14th. Based on the towns you mentioned above CTartist, these are the average price per square foot numbers for sold properties during the period August 14th through November 14th:
when i see my coworkers who talk about their house remodels, yearly vacations and cars which are definitely better than mine, i wonder if i do something wrong, because i cant keep up with them despite having the same income. yep, inferiority complex here.
Did you ever see this commercial from Lending Tree?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
