Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien – through October 2018
Summary
YTD Sales (SF) through October 2018 vs. 2017 were down in Westport (-1.9%), Weston (-1.4%), Wilton (-6.2%), Fairfield (-6.9%), Norwalk (-0.7%) and Darien (-20%).
YTD Average Sale Price through October 2018 vs. 2017 was down in Westport (-6%), Weston (-6%), up in Wilton (+3%), down in Norwalk (-1%), up in Fairfield (+6%) and Darien (+1%).
Westport
October Property sales were 21, down -4.5% from 22 in October of 2017 and -25.0% lower than the 28 sales last month. October 2018 sales were at their lowest level compared to October of 2017 and 2016. October YTD sales of 355 are running -1.9% behind last year’s year-to-date sales of 362.
Average sale Price: $1,470,775 (-6%)
Market Action Report – Westport
Weston
October Property sales were 8, down -33.3% from 12 in October of 2017 and -52.9% lower than the 17 sales last month. October 2018 sales were at their lowest level compared to October of 2017 and 2016. October YTD sales of 138 are running -1.4% behind last year’s year-to-date sales of 140.
Average sales price: $801,794 (-6%)
Wilton
October Property sales were 14, up 16.7% from 12 in October of 2017 and -39.1% lower than the 23 sales last month. October 2018 sales were at a mid level compared to October of 2017 and 2016. October YTD sales of 181 are running -6.2% behind last year’s year-to-date sales of 193.
Average sale price: $879,644 (+3%)
Fairfield
October Property sales were 52, down -5.5% from 55 in October of 2017 and -1.9% lower than the 53 sales last month. October 2018 sales were at a mid level compared to October of 2017 and 2016. October YTD sales of 645 are running -6.9% behind last year’s year-to-date sales of 693.
Average sale price: $782,089 (+6%)
Market Action Report – Fairfield
Norwalk
October Property sales were 57, down -8.1% from 62 in October of 2017 and 3.6% higher than the 55 sales last month. October 2018 sales were at their lowest level compared to October of 2017 and 2016. October YTD sales of 577 are running -0.7% behind last year’s year-to-date sales of 581.
Average sale price: $613,080 (-1%)
Market Action Report – Norwalk
Darien
September YTD sales of 214 were down -20% from last year’s sales of 270.
Average sale price: $1,701,211 (+1%)
