Fairfield County Real Estate Market Update – June 2017

Summary

Sales (SF) June 2017 YTD vs. 2016 were up in Westport (+10.2%), Weston (+26.2%), Wilton (+11.9%), Fairfield (+2%), Norwalk (+1.9%), down in Darien (-0.7%).

Average Sales Price June 2017 YTD vs. 2016 was up in Westport (+5%), down in Weston (-6%), Wilton (-4%), up in Fairfield (+7%), Norwalk unchanged, down in Darien (-4%).

Westport

June YTD sales of 205 are running 10.2% ahead of last year’s year-to-date sales of 186. June Property sales were 54, down -1.8% from 55 in June of 2016 and 14.9% higher than the 47 sales last month. June 2017 sales were at a mid level compared to June of 2016 and 2015.

Average Sale Price: $1,634,325 (+5%)

Market Action Report – Westport

Westport Market Trend – June 2017

Weston

June YTD sales of 82 are running 26.2% ahead of last year’s year-to-date sales of 65. June Property sales were 29, up 45.0% from 20 in June of 2016 and 81.3% higher than the 16 sales last month. June 2017 sales were at their highest level compared to June of 2016 and 2015.

Average sales price: $825,827 (-6%)

Market Action Report – Weston

Weston Market Trend – June 2017

Wilton

June YTD sales of 113 are running 11.9% ahead of last year’s year-to-date sales of 101. June Property sales were 30, down -16.7% from 36 in June of 2016 and 66.7% higher than the 18 sales last month. June 2017 sales were at their lowest level compared to June of 2016 and 2015.

Average sales price: $864,409 (-4%)

Market Action Report – Wilton

Wilton Market Trend – June 2017

Fairfield

June YTD sales of 365 are running 2.0% ahead of last year’s year-to-date sales of 358. June Property sales were 118, up 14.6% from 103 in June of 2016 and 66.2% higher than the 71 sales last month. June 2017 sales were at their highest level compared to June of 2016 and 2015.

Average sales price: $748,229 (+7%)

Market-Action-Report-Fairfield

Fairfield Market T-June-2017

Norwalk

June YTD sales of 316 are running 1.9% ahead of last year’s year-to-date sales of 310. June Property sales were 89, up 6.0% from 84 in June of 2016 and 56.1% higher than the 57 sales last month. June 2017 sales were at their highest level compared to June of 2016 and 2015.

Average sales price: $600,383 (0%)

Market Action Report – Norwalk

Norwalk Market Trend – June 2017

Darien

June YTD sales of 134 are running -0.7% behind last year’s year-to-date sales of 135.

Average sale price: $1,703,622 (-4%)

Market Report – Darien