Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Rowayton, Darien, New Canaan and Redding Through March 2022

 

The number of properties sold in March 2022 was 34, up 41.67% from 24 from the previous month and -17.07% lower than 41 from March 2021. The March 2022 sales were at a mid level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $2,467,500, up 53.74% from $1,605,000 from the previous month and 41.00% higher than $1,750,000 from March 2021. The March 2022 median sales price was at its highest level compared to March 2021 and 2020. The average sales price in March 2022 was $2,726,838, up 54.01% from $1,770,604 from the previous month and 59.29% higher than $1,711,883 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 18, up 200% from 6 from the previous month and 5.88% higher than 17 from March 2021. The March 2022 sales were at its highest level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $983,750, down -4.91% from $1,034,500 from the previous month and 4.52% higher than $941,250 from March 2021. The March 2022 median sales price was at its highest level compared to March 2021 and 2020. The average sales price in March 2022 was $1,235,806, up 6.21% from $1,163,540 from the previous month and 12.21% higher than $1,101,368 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 14, up 16.67% from 12 from the previous month and -46.15% lower than 26 from March 2021. The March 2022 sales were at its lowest level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $1,273,500, up 28.96% from $987,500 from the previous month and 48.08% higher than $860,000 from March 2021. The March 2022 median sales price was at its highest level compared to March 2021 and 2020. The average sales price in March 2022 was $1,283,250, up 11.77% from $1,148,167 from the previous month and 18.61% higher than $1,081,907 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 62, up 72.22% from 36 from the previous month and -34.04% lower than 94 from March 2021. The March 2022 sales were at a mid level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $780,500, up 18.80% from $657,000 from the previous month and 7.66% higher than $725,000 from March 2021. The March 2022 median sales price was at its highest level compared to March 2021 and 2020. The average sales price in March 2022 was $990,706, up 19.16% from $831,389 from the previous month and 9.92% higher than $901,280 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 42, up 23.53% from 34 from the previous month and -32.26% lower than 62 from March 2021. The March 2022 sales were at its lowest level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $615,000, up 7.24% from $573,500 from the previous month and 23.00% higher than $500,000 from March 2021. The March 2022 median sales price was at its highest level compared to March 2021 and 2020. The average sales price in March 2022 was $759,104, equal to the previous month and 22.33% higher than $620,541 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 21, up 40.0% from 15 from the previous month and 31.25% higher than 16 from March 2021. The March 2022 sales were at a mid level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $1,568,000, down -9.89% from $1,740,000 from the previous month and 10.00% higher than $1,425,500 from March 2021. The March 2022 median sales price was at its highest level compared to March 2021 and 2020. The average sales price in March 2022 was $2,232,613, up 4.21% from $2,142,422 from the previous month and 29.06% higher than $1,729,906 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 19, up 35.71% from 14 from the previous month and -32.14% lower than 28 from March 2021. The March 2022 sales were at its lowest level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $1,485,000, down -21.17% from $1,883,750 from the previous month and -13.28% lower than $1,712,500 from March 2021. The March 2022 median sales price was at a mid level compared to March 2021 and 2020. The average sales price in March 2022 was $1,564,474, down -29.97% from $2,233,995 from the previous month and -13.98% lower than $1,818,736 from March 2021. The March 2022 average sale price was at a mid level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 3, equal to the previous month and -50.0% lower than 6 from March 2021. The March 2022 sales were at its lowest level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $1,275,000, up 38.59% from $920,000 from the previous month and -24.22% lower than $1,682,500 from March 2021. The March 2022 median sales price was at a mid level compared to March 2021 and 2020. The average sales price in March 2022 was $1,941,667, up 79.45% from $1,082,000 from the previous month and 42.16% higher than $1,365,833 from March 2021. The March 2022 average sale price was at its highest level compared to March 2021 and 2020.

 

The number of properties sold in March 2022 was 12, up 50.0% from 8 from the previous month and 20.0% higher than 10 from March 2021. The March 2022 sales were at a mid level compared to March 2021 and 2020. Absorption rate is the avg number of sales per month divided by the total number of available properties.

 

The median sales price in March 2022 was $750,000, down -7.98% from $815,000 from the previous month and -2.41% lower than $768,500 from March 2021. The March 2022 median sales price was at a mid level compared to March 2021 and 2020. The average sales price in March 2022 was $755,333, down -19.63% from $939,875 from the previous month and -10.88% lower than $847,510 from March 2021. The March 2022 average sale price was at a mid level compared to March 2021 and 2020.