Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien, New Canaan – March 2019
Summary
YTD Sales (SF) for March 2019 vs. 2018 were down in Westport (-45.2%), up in Weston (+17.4%), Wilton (+17.6%), Fairfield (+10.7%), down in Norwalk (-5.6%), Darien (-5.1%), up in New Canaan (+2.9%)
YTD Average Sales Price was down in Westport (-16%), Weston (-12%) and Wilton (-8%), Fairfield (-6%) and up in Norwalk (+2%), down in Darien (-9.2%), New Canaan (-1.7%)
Westport
March Property sales were 18, down -45.5% from 33 in March of 2018 and 28.6% higher than the 14 sales last month. March 2019 sales were at their lowest level compared to March of 2018 and 2017. March YTD sales of 46 are running -45.2% behind last year’s year-to-date sales of 84.
Average sale Price: $1,291,595 (-16%)
Weston
March Property sales were 12, up 33.3% from 9 in March of 2018 and 71.4% higher than the 7 sales last month. March 2019 sales were at their highest level compared to March of 2018 and 2017. March YTD sales of 27 are running 17.4% ahead of last year’s year-to-date sales of 23.
Average sales price: $640,685 (-12%)
Wilton
March Property sales were 14, up 16.7% from 12 in March of 2018 and equal to 0.0% 14 sales last month. March 2019 sales were at a mid level compared to March of 2018 and 2017. March YTD sales of 40 are running 17.6% ahead of last year’s year-to-date sales of 34.
Average sales price: $768,875 (-8%)
Fairfield
March Property sales were 51, up 10.9% from 46 in March of 2018 and 6.3% higher than the 48 sales last month. March 2019 sales were at their highest level compared to March of 2018 and 2017. March YTD sales of 145 are running 10.7% ahead of last year’s year-to-date sales of 131.
Average sale price: $719,778 (-6%)
Norwalk
March Property sales were 39, up 5.4% from 37 in March of 2018 and 30.0% higher than the 30 sales last month. March 2019 sales were at a mid level compared to March of 2018 and 2017. March YTD sales of 102 are running -5.6% behind last year’s year-to-date sales of 108.
Average sales price: $576,793 (+2%)
Darien
March YTD sales of 37 were -5.1% behind last year’s year-to-date sales of 39.
Average sale price: $1,352,784 (-9.2%)
New Canaan
March YTD sales of 36 were +2.9% ahead of last year’s year-to-date sales of 35.
Average sale price: $1,433,148 (-1.7%)