Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien – through July 2018
Summary
YTD Sales (SF) through July 2018 vs. 2017 were down in Westport (-1.6%), Weston (-9%), Wilton (-18.4%), Fairfield (-7.7%), Norwalk (-1.5%) and Darien (-20%).
YTD Average Sales Price through July 2018 vs. 2017 was down in Westport (-9%), Weston (-8%), up in Wilton (+6%), Fairfield (+7%), down in Norwalk (-1.5%) and up in Darien (+5%).
Westport
July Property sales were 43, equal to 43 in July of 2017 and -2.3% lower than the 44 sales last month. July 2018 sales were at a mid level compared to July of 2017 and 2016. July YTD sales of 246 are running -1.6% behind last year’s year-to-date sales of 250.
Average Sale Price: $1,492,321 (-9%)
Market Action Report – Westport
Weston
July Property sales were 25, up 78.6% from 14 in July of 2017 and 92.3% higher than the 13 sales last month. July 2018 sales were at their highest level compared to July of 2017 and 2016. July YTD sales of 91 are running -9.0% behind last year’s year-to-date sales of 100.
Average sales price: $787,589 (-8%)
Wilton
July Property sales were 23, down -11.5% from 26 in July of 2017 and 4.5% higher than the 22 sales last month. July 2018 sales were at their lowest level compared to July of 2017 and 2016. July YTD sales of 115 are running -18.4% behind last year’s year-to-date sales of 141.
Average sales price: $891,257 (+6%)
Fairfield
July Property sales were 81, down -10.0% from 90 in July of 2017 and -26.4% lower than the 110 sales last month. July 2018 sales were at their lowest level compared to July of 2017 and 2016. July YTD sales of 442 are running -7.7% behind last year’s year-to-date sales of 479.
Average sales price: $771,144 (+7%)
Market Action Report – Fairfield
Norwalk
July Property sales were 81, up 15.7% from 70 in July of 2017 and -10.0% lower than the 90 sales last month. July 2018 sales were at a mid level compared to July of 2017 and 2016. July YTD sales of 394 are running -1.5% behind last year’s year-to-date sales of 400.
Average sales price: $615,755 (+3%)
Market Action Report – Norwalk
Darien
July YTD sales of 156 were down -20% from last year’s sales of 196.
Average sale price: $1,743,476 (+5%)
