Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien – Year End 2017 vs 2016
Here are the year end numbers for the towns I cover. If you have any questions about the reports or anything else related to the real estate market, please feel free to contact me.
Barbara Sweeney, basw@optonline.net, 203.451.6522
Summary
Sales (SF) for 2017 vs. 2016 were up in Westport (+17.5%), Weston (+2.3%), Wilton (+0.4%), Fairfield (+4.2%), down in Norwalk (-6.8%), up in Darien (+15%).
Average Sales Price for 2017 vs. 2016 was unchanged in Westport (0%), down in Weston (-5%), Wilton (-6%), up in Fairfield (+6%), Norwalk (+6%) and Darien (+1%).
Westport
December Property sales were 36, up 24.1% from 29 in December of 2016 and -7.7% lower than the 39 sales last month. December 2017 sales were at their highest level compared to December of 2016 and 2015. December YTD sales of 437 were 17.5% ahead of last year’s year-to-date sales of 372.
Average Sale Price: $1,523,732 (0%)
Market Action Report – Westport
Weston
December Property sales were 25, up 150.0% from 10 in December of 2016 and 127.3% higher than the 11 sales last month. December 2017 sales were at their highest level compared to December of 2016 and 2015. December YTD sales of 176 were 2.3% ahead of last year’s year-to-date sales of 172.
Average sales price: $856,048 (-5%)
Wilton
December Property sales were 17, down -5.6% from 18 in December of 2016 and -10.5% lower than the 19 sales last month. December 2017 sales were at a mid level compared to December of 2016 and 2015. December YTD sales of 229 were 0.4% ahead of last year’s year-to-date sales of 228.
Average sales price: $825,002 (-6%)
Fairfield
December Property sales were 50, down -13.8% from 58 in December of 2016 and -12.3% lower than the 57 sales last month. December 2017 sales were at their lowest level compared to December of 2016 and 2015. December YTD sales of 800 were 4.2% ahead of last year’s year-to-date sales of 768.
Average sales price: $736,673 (+6%)
Market Action Report – Fairfield
Norwalk
December Property sales were 47, down -28.8% from 66 in December of 2016 and 11.9% higher than the 42 sales last month. December 2017 sales were at their lowest level compared to December of 2016 and 2015. December YTD sales of 669 were -6.8% behind last year’s year-to-date sales of 718.
Average sales price: $617,649 (+6%)
Market Action Report – Norwalk
Darien
December YTD sales of 299 were +15% ahead of last year’s year-to-date sales of 260.
Average sale price: $1,706,371 (+1%)
