Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien – February 2019

Summary

YTD Sales (SF) for February 2019 vs. 2018 were down in Westport (-45.1%), up in Weston (+7.1%), Wilton (+13.6%), Fairfield (+9.4%), down in Norwalk (-15.5%) and Darien (-14.5%),

YTD Average Sales Price was down in Westport (-19%), Weston (-9%), Wilton (-24%), Fairfield (-10%), Norwalk (-11%), Darien (-12.4%),

Westport

February Property sales were 14, down -39.1% from 23 in February of 2018 and equal to 0.0% 14 sales last month. February 2019 sales were at their lowest level compared to February of 2018 and 2017. February YTD sales of 28 are running -45.1% behind last year’s year-to-date sales of 51.

Average sale Price: $1,222,782 (-19%)

Weston

February Property sales were 7, up 75.0% from 4 in February of 2018 and -12.5% lower than the 8 sales last month. February 2019 sales were at a mid level compared to February of 2018 and 2017. February YTD sales of 15 are running 7.1% ahead of last year’s year-to-date sales of 14.

Average sales price: $708,940 (-9%)

Wilton

February Property sales were 13, up 30.0% from 10 in February of 2018 and 8.3% higher than the 12 sales last month. February 2019 sales were at their highest level compared to February of 2018 and 2017. February YTD sales of 25 are running 13.6% ahead of last year’s year-to-date sales of 22.

Average sales price: $708,940 (-24%)

Fairfield

February Property sales were 48, up 29.7% from 37 in February of 2018 and 6.7% higher than the 45 sales last month. February 2019 sales were at their highest level compared to February of 2018 and 2017. February YTD sales of 93 are running 9.4% ahead of last year’s year-to-date sales of 85.

Average sale price: $728,068 (-10%)

Norwalk

February Property sales were 27, down -10.0% from 30 in February of 2018 and -18.2% lower than the 33 sales last month. February 2019 sales were at their lowest level compared to February of 2018 and 2017. February YTD sales of 60 are running -15.5% behind last year’s year-to-date sales of 71.

Average sales price: $525,153 (-11%)

Darien

February YTD sales of 24 were -14.5% behind last year’s year-to-date sales of 28.

Average sale price: $1,230,583 (-12.4%)