Fairfield County Real Estate Market Update – October 2017
Summary
Sales (SF) October 2017 YTD vs. 2016 were up in Westport (+12.1%), down in Weston (-4.8%), up in Wilton (+1.6%), Fairfield (+4.1%), down in Norwalk (-3.5%), up in Darien (+18%).
Average Sales Price October 2017 YTD vs. 2016 was up in Westport (+3%), down in Weston (-3%), Wilton (-1%), up in Fairfield (+4%), Norwalk (+7%), down in Darien (-0.8%).
Westport
October YTD sales of 361 are running 12.1% ahead of last year’s year-to-date sales of 322. October Property sales were 21, down -19.2% from 26 in October of 2016 and -32.3% lower than the 31 sales last month. October 2017 sales were at their lowest level compared to October of 2016 and 2015.
Average Sale Price: $1,568,333 (+3%)
Market Action Report – Westport
Westport Market Trend – October 2017
Weston
October YTD sales of 140 are running -4.8% behind last year’s year-to-date sales of 147. October Property sales were 12, down -7.7% from 13 in October of 2016 and 50.0% higher than the 8 sales last month. October 2017 sales were at a mid level compared to October of 2016 and 2015.
Average sales price: $856,817 (-3%)
Weston Market Trend – October 2017
Wilton
October YTD sales of 193 are running 1.6% ahead of last year’s year-to-date sales of 190. October Property sales were 12, down -14.3% from 14 in October of 2016 and -33.3% lower than the 18 sales last month. October 2017 sales were at their lowest level compared to October of 2016 and 2015.
Average sales price: $851,583 (-1%)
Wilton Market Trend – October2017
Fairfield
October YTD sales of 690 are running 4.1% ahead of last year’s year-to-date sales of 663. October Property sales were 52, up 18.2% from 44 in October of 2016 and -28.8% lower than the 73 sales last month. October 2017 sales were at a mid level compared to October of 2016 and 2015.
Average sales price: $728,391 (+4%)
Market Action Report – Fairfield
Fairfield Market Trend – October 2017
Norwalk
October YTD sales of 578 are running -3.5% behind last year’s year-to-date sales of 599. October Property sales were 60, equal to 60 in October of 2016 and 17.6% higher than the 51 sales last month. October 2017 sales were at a mid level compared to October of 2016 and 2015.
Average sales price: $619,104 (+7%)
Market Action Report – Norwalk
Norwalk Market Trend – October 2017
Darien
October YTD sales of 268 are running +18% ahead of last year’s year-to-date sales of 226.
Average sale price: $1,673,475 (-0.8%)
