Fairfield County Real Estate Market Update – September 2017

Summary

Sales (SF) September 2017 YTD vs. 2016 were up in Westport (+14.9%), down in Weston (-5.2%), up in Wilton (+2.8%), Fairfield (+2.9%), down in Norwalk (-4.3%), up in Darien (+23%).

Average Sales Price September 2017 YTD vs. 2016 was up in Westport (+2%), down in Weston (-1%), Wilton (-1%), up in Fairfield (+4%), Norwalk (+7%), Darien (+0.5%).

Westport

September YTD sales of 340 are running 14.9% ahead of last year’s year-to-date sales of 296. September Property sales were 31, up 24.0% from 25 in September of 2016 and -47.5% lower than the 59 sales last month. September 2017 sales were at a mid level compared to September of 2016 and 2015.

Average Sale Price: $1,565,094 (+2%)

Market Action Report – Westport

Westport Market Trend – September 2017

Weston

September YTD sales of 127 are running -5.2% behind last year’s year-to-date sales of 134. September Property sales were 7, down -65.0% from 20 in September of 2016 and -65.0% lower than the 20 sales last month. September 2017 sales were at their lowest level compared to September of 2016 and 2015.

Average sales price: $858,650 (-1%)

Market Action Report – Weston

 

Wilton

September YTD sales of 181 are running 2.8% ahead of last year’s year-to-date sales of 176. September Property sales were 18, up 5.9% from 17 in September of 2016 and -18.2% lower than the 22 sales last month. September 2017 sales were at their highest level compared to September of 2016 and 2015.

Average sales price: $848,853 (-1%)

Market Action Report – Wilton

Wilton Market Trend – September 2017

Fairfield

September YTD sales of 637 are running 2.9% ahead of last year’s year-to-date sales of 619. September Property sales were 72, up 30.9% from 55 in September of 2016 and -16.3% lower than the 86 sales last month. September 2017 sales were at a mid level compared to September of 2016 and 2015.

Average sales price: $726,717 (+4%)

Market Action Report – Fairfield

Fairfield Market Trend – September 2017

Norwalk

September YTD sales of 516 are running -4.3% behind last year’s year-to-date sales of 539. September Property sales were 49, down -18.3% from 60 in September of 2016 and -26.9% lower than the 67 sales last month. September 2017 sales were at their lowest level compared to September of 2016 and 2015.

Average sales price: $616,842 (+7%)

Market Action Report – Norwalk

Norwalk Market Trend – September 2017

Darien

September YTD sales of 250 are running +23% ahead of last year’s year-to-date sales of 203.

Average sale price: $1,680,241 (+0.5%)

Market Report – Darien