Fairfield County Real Estate Market Update – July 2017
Summary
Sales (SF) July 2017 YTD vs. 2016 were up in Westport (+13.2%), Weston (+21.3%), Wilton (+7.8%), down in Fairfield (-1.5%), Norwalk (-0.8%), up in Darien (+22%).
Average Sales Price July 2017 YTD vs. 2016 was up in Westport (+3%), down in Weston (-5%), Wilton (-3%), up in Fairfield (+5%), Norwalk (+1%), and down in Darien (-4%).
Westport
July YTD sales of 248 are running 13.2% ahead of last year’s year-to-date sales of 219. July Property sales were 41, up 24.2% from 33 in July of 2016 and -26.8% lower than the 56 sales last month. July 2017 sales were at a mid level compared to July of 2016 and 2015.
Average Sale Price: $1,633,176 (+3%)
Market Action Report – Westport
Westport Market Trend – July 2017
Weston
July YTD sales of 97 are running 21.3% ahead of last year’s year-to-date sales of 80. July Property sales were 12, down -20.0% from 15 in July of 2016 and -62.5% lower than the 32 sales last month. July 2017 sales were at their lowest level compared to July of 2016 and 2015.
Average sales price: $859,411 (-5%)
Weston Market Trend – July 2017
Wilton
July YTD sales of 138 are running 7.8% ahead of last year’s year-to-date sales of 128. July Property sales were 24, down -11.1% from 27 in July of 2016 and -22.6% lower than the 31 sales last month. July 2017 sales were at their lowest level compared to July of 2016 and 2015.
Average sales price: $849,960 (-3%)
Wilton Market Trend – July 2017
Fairfield
July YTD sales of 445 are running -1.5% behind last year’s year-to-date sales of 452. July Property sales were 76, down -19.1% from 94 in July of 2016 and -37.7% lower than the 122 sales last month. July 2017 sales were at their lowest level compared to July of 2016 and 2015.
Average sales price: $739,385 (+5%)
Market Action Report – Fairfield
Fairfield Market Trend – July 2017
Norwalk
July YTD sales of 384 are running -0.8% behind last year’s year-to-date sales of 387. July Property sales were 63, down -18.2% from 77 in July of 2016 and -33.0% lower than the 94 sales last month. July 2017 sales were at their lowest level compared to July of 2016 and 2015.
Average sales price: $604,556 (+1%)
Market Action Report – Norwalk
Norwalk Market Trend – July 2017
Darien
July YTD sales of 190 are running +22% ahead of last year’s year-to-date sales of 155.
Average sale price: $1,652,461 (-4%)
