Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien, New Canaan through February 2020

Summary

YTD Sales (SF) through February 2020 vs. 2019 were up in Westport (+67.9%), Weston (+26.7%), down in Wilton (-3.8%) and Fairfield (-23.4%), up in Norwalk (+43%) and Darien (+17%), down in New Canaan (-27%).

 

YTD Average Sales Price was up in Westport (+10%), Weston (+9%), down in Wilton (-1%), up in Fairfield (+23%) and Norwalk (+9%), down in Darien (-4%) and up in New Canaan (+5%).

 

Westport

February Property sales were 25, up 78.6% from 14 in February of 2019 and 13.6% higher than the 22 sales last month. February 2020 sales were at their highest level compared to February of 2019 and 2018. February YTD sales of 47 are running 67.9% ahead of last year’s year-to-date sales of 28.

 

Average sale Price: $1,339,317 (+10%)

 

 

Weston

February Property sales were 11, up 57.1% from 7 in February of 2019 and 37.5% higher than the 8 sales last month. February 2020 sales were at their highest level compared to February of 2019 and 2018. February YTD sales of 19 are running 26.7% ahead of last year’s year-to-date sales of 15.

 

Average sales price: $720,618 (+9%)

 

 

Wilton

February Property sales were 6, down -57.1% from 14 in February of 2019 and -68.4% lower than the 19 sales last month. February 2020 sales were at their lowest level compared to February of 2019 and 2018. February YTD sales of 25 are running -3.8% behind last year’s year-to-date sales of 26.

 

Average sales price: $732,776 (-1%)

 

 

Fairfield

February Property sales were 37, down -22.9% from 48 in February of 2019 and 5.7% higher than the 35 sales last month. February 2020 sales were at their lowest level compared to February of 2019 and 2018. February YTD sales of 72 are running -23.4% behind last year’s year-to-date sales of 94.

 

Average sale price: $894,710 (+23%)

 

 

Norwalk

February Property sales were 43, up 38.7% from 31 in February of 2019 and -14.0% lower than the 50 sales last month. February 2020 sales were at their highest level compared to February of 2019 and 2018. February YTD sales of 93 are running 43.1% ahead of last year’s year-to-date sales of 65.

 

Average sales price: $563,447 (+9%)

 

 

Darien

YTD sales of 35 were +17% ahead of last year’s year-to-date sales of 29.

 

Average sale price: $1,362,979 (-4%)

 

 

New Canaan

YTD sales of 27 were -27% behind last year’s year-to-date sales of 29.

 

Average sale price: $1,632,749 (+5%