Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien, New Canaan – May 2019

Summary

YTD Sales (SF) through May 2019 vs. 2018 were down in Westport (-23.9%) and Weston (-3.8%), up in Wilton (+11.4%), Fairfield (+10%), down in Norwalk (-5.8%), Darien (-5.6%), up in New Canaan (+12.5%).

YTD Average Sales Price was down in Westport (-11%), up in Weston (+3%), down in Wilton (-17%) and Fairfield (-5%), up in Norwalk (+1%), down in Darien (-13.8%) and New Canaan (-15.8%).

Westport

May Property sales were 38, up 2.7% from 37 in May of 2018 and 5.6% higher than the 36 sales last month. May 2019 sales were at a mid level compared to May of 2018 and 2017. May YTD sales of 121 are running -23.9% behind last year’s year-to-date sales of 159.

Average sale Price: $1,349,349 (-11%)

Weston

May Property sales were 14, equal to 14 in May of 2018 and 40.0% higher than the 10 sales last month. May 2019 sales were at their lowest level compared to May of 2018 and 2017. May YTD sales of 51 are running -3.8% behind last year’s year-to-date sales of 53.

Average sales price: $782,828 (+3%)

Wilton

May Property sales were 22, up 15.8% from 19 in May of 2018 and 46.7% higher than the 15 sales last month. May 2019 sales were at their highest level compared to May of 2018 and 2017. May YTD sales of 78 are running 11.4% ahead of last year’s year-to-date sales of 70.

Fairfield

May Property sales were 77, up 28.3% from 60 in May of 2018 and 45.3% higher than the 53 sales last month. May 2019 sales were at a mid level compared to May of 2018 and 2017. May YTD sales of 276 are running 10.0% ahead of last year’s year-to-date sales of 251.

Average sale price: $709,706 (-5%)

Norwalk

May Property sales were 67, up 15.5% from 58 in May of 2018 and 67.5% higher than the 40 sales last month. May 2019 sales were at their highest level compared to May of 2018 and 2017. May YTD sales of 210 are running -5.8% behind last year’s year-to-date sales of 223.

Average sales price: $575,804 (+1%)

Darien

May YTD sales of 84 were -5.6% behind last year’s year-to-date sales of 89.

Average sale price: $1,487,527 (-13.8%)

New Canaan

May YTD sales of 72 were +12.5% ahead of last year’s year-to-date sales of 64.

Average sale price: $1,464,248 (-15.8%)