Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien, New Canaan – January 2020

Summary

YTD Sales (SF) for January 2020 vs. 2019 were up in Westport (+57.1%), equal in Weston, up in Wilton (+58.3%), down in Fairfield (-23.9%), up in Norwalk (+47.1%), Darien (+66.7%), down in New Canaan (-23.5%).

YTD Average Sales Price was up in Westport (+20%), Weston (+7%), Wilton (+6%), Fairfield (+59%), Norwalk (+27%), Darien (+36.9%), New Canaan (+23.9%).

Westport

January Property sales were 22, up 57.1% from 14 in January of 2019 and -29.0% lower than the 31 sales last month. January 2020 sales were at a mid level compared to January of 2019 and 2018. January YTD sales of 22 are running 57.1% ahead of last year’s year-to-date sales of 14.

Average sale Price: $1,469,402 (+20%)

Weston

January Property sales were 8, equal to 8 in January of 2019 and -42.9% lower than the 14 sales last month. January 2020 sales were at their lowest level compared to January of 2019 and 2018. January YTD sales of 8 are running equal to last year’s year-to-date sales of 8.

Average sales price: $738,125 (+7%)

Wilton

January Property sales were 19, up 58.3% from 12 in January of 2019 and -29.6% lower than the 27 sales last month. January 2020 sales were at their highest level compared to January of 2019 and 2018. January YTD sales of 19 are running 58.3% ahead of last year’s year-to-date sales of 12.

Average sales price: $762,232 (+6%)

Fairfield                           

January Property sales were 35, down -23.9% from 46 in January of 2019 and -27.1% lower than the 48 sales last month. January 2020 sales were at their lowest level compared to January of 2019 and 2018. January YTD sales of 35 are running -23.9% behind last year’s year-to-date sales of 46.

Average sale price: $1,217,461 (+59%)

Norwalk

January Property sales were 50, up 47.1% from 34 in January of 2019 and -19.4% lower than the 62 sales last month. January 2020 sales were at their highest level compared to January of 2019 and 2018. January YTD sales of 50 are running 47.1% ahead of last year’s year-to-date sales of 34.

Average sales price: $618,252 (+27%)

Darien

YTD sales of 25 were +66.7% ahead of last year’s year-to-date sales of 15.

Average sale price: $1,551,596 (+36.9%)

New Canaan

YTD sales of 13 were -23.5% behind last year’s year-to-date sales of 17.

Average sale price: $1,640,808 (+23.9%)