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

Summary

YTD Sales (SF) for October 2019 vs. 2018 were down in Westport (-16.6%), Weston (-0.7%), up in Wilton (+6%), Fairfield (+3.7%), down in Norwalk (-8.3%), up in Darien (+7.9%) and New Canaan (+10.7%).

YTD Average Sales Price was down in Westport (-8%), Weston (-1%), Wilton (-11%), Fairfield (-10%), up in Easton (+2%), down in Norwalk (-4%), Darien (-6.7%) and New Canaan (-6.7%).  

Westport

October Property sales were 26, up 18.2% from 22 in October of 2018 and -16.1% lower than the 31 sales last month. October 2019 sales were at their highest level compared to October of 2018 and 2017. October YTD sales of 297 are running -16.6% behind last year’s year-to-date sales of 356.

Average sale Price: $1,354,728 (-8%)

Weston

October Property sales were 10, up 11.1% from 9 in October of 2018 and -28.6% lower than the 14 sales last month. October 2019 sales were at a mid level compared to October of 2018 and 2017. October YTD sales of 138 are running -0.7% behind last year’s year-to-date sales of 139.

Average sales price: $797,660 (-1%)

Wilton

October Property sales were 13, down -7.1% from 14 in October of 2018 and -7.1% lower than the 14 sales last month. October 2019 sales were at a mid level compared to October of 2018 and 2017. October YTD sales of 193 are running 6.0% ahead of last year’s year-to-date sales of 182.

Average sales price: $781,351 (-11%)  

Fairfield                           

October Property sales were 50, down -3.8% from 52 in October of 2018 and -21.9% lower than the 64 sales last month. October 2019 sales were at their lowest level compared to October of 2018 and 2017. October YTD sales of 669 are running 3.7% ahead of last year’s year-to-date sales of 645.

Average sale price: $706,432 (-10%)

Norwalk

October Property sales were 39, down -32.8% from 58 in October of 2018 and -20.4% lower than the 49 sales last month. October 2019 sales were at their lowest level compared to October of 2018 and 2017. October YTD sales of 532 are running -8.3% behind last year’s year-to-date sales of 580.

Average sales price: $587,996 (-4%)

Darien

October YTD sales of 231 were +7.9% ahead of last year’s year-to-date sales of 214.

Average sale price: $1,594,521 (-6.7%)

New Canaan

October YTD sales of 197 were +10.7% ahead of last year’s year-to-date sales of 178.

Average sale price: $1,471,054 (-6.7%)