Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien – through August 2018
Summary
YTD Sales (SF) through August 2018 vs. 2017 were down in Westport (-1.6%), Weston (-5.8%), Wilton (-11.7%), Fairfield (-5.7%), Norwalk (-0.6%) and Darien (-17%).
YTD Average Sales Price through August 2018 vs. 2017 was down in Westport (-6%), Weston (-7%), up in Wilton (+5%), Fairfield (+6%), the same in Norwalk (0%) and unchanged in Darien (+5%).
Westport
August Property sales were 58, down -1.7% from 59 in August of 2017 and 34.9% higher than the 43 sales last month. August 2018 sales were at a mid level compared to August of 2017 and 2016. August YTD sales of 304 are running -1.6% behind last year’s year-to-date sales of 309.
Average Sale Price: $1,473,918 (-6%)
Market Action Report – Westport
Weston
August Property sales were 20, equal to 20 in August of 2017 and -25.9% lower than the 27 sales last month. August 2018 sales were at their lowest level compared to August of 2017 and 2016. August YTD sales of 113 are running -5.8% behind last year’s year-to-date sales of 120.
Average sales price: $803,536 (-7%)
Wilton
August Property sales were 29, up 31.8% from 22 in August of 2017 and 26.1% higher than the 23 sales last month. August 2018 sales were at their highest level compared to August of 2017 and 2016. August YTD sales of 144 are running -11.7% behind last year’s year-to-date sales of 163.
Average sales price: $893,993 (+5%)
Fairfield
August Property sales were 90, up 4.7% from 86 in August of 2017 and 9.8% higher than the 82 sales last month. August 2018 sales were at their highest level compared to August of 2017 and 2016. August YTD sales of 533 are running -5.7% behind last year’s year-to-date sales of 565.
Average sales price: $773,629 (+6%)
Market Action Report – Fairfield
Norwalk
August Property sales were 69, up 3.0% from 67 in August of 2017 and -15.9% lower than the 82 sales last month. August 2018 sales were at a mid level compared to August of 2017 and 2016. August YTD sales of 464 are running -0.6% behind last year’s year-to-date sales of 46.
Average sales price: $616,112 (0%)
Market Action Report – Norwalk
Darien
August YTD sales of 191 were down -17% from last year’s sales of 232.
Average sale price: $1,709,001 (0%)
