Real Estate Market Activity Reports: Westport, Weston, Wilton, Fairfield, Norwalk, Darien – Year End 2018 vs 2017

Summary

Sales (SF) for 2018 vs. 2017 were down in Westport (-5.5%), Weston (-4.5%), Wilton (-9.2%), Fairfield (-8.5%), up in Norwalk (+1.6%), down in Darien (-10%).         

Average Sale Price for 2018 vs. 2017 was down in Westport (-4%), Weston (-5%), up in Wilton (+5%) and Fairfield (+6%), down in Norwalk (-2%) and Darien (-4%).      

Westport

December Property sales were 27, down -25.0% from 36 in December of 2017 and -10.0% lower than the 30 sales last month. December 2018 sales were at their lowest level compared to December of 2017 and 2016. December YTD sales of 413 are running -5.5% behind last year’s year-to-date sales of 437.

Average sale price: $1,461,668 (-4%)

Weston

December Property sales were 16, down -36.0% from 25 in December of 2017 and 23.1% higher than the 13 sales last month. December 2018 sales were at a mid level compared to December of 2017 and 2016. December YTD sales of 168 are running -4.5% behind last year’s year-to-date sales of 176.

Average sale price: $810,372 (-5%)

Wilton

December Property sales were 16, down -5.9% from 17 in December of 2017 and 45.5% higher than the 11 sales last month. December 2018 sales were at their lowest level compared to December of 2017 and 2016. December YTD sales of 208 are running -9.2% behind last year’s year-to-date sales of 229.

Average sale price:  $865,714 (+5%)

Fairfield

December Property sales were 38, down -26.9% from 52 in December of 2017 and -25.5% lower than the 51 sales last month. December 2018 sales were at their lowest level compared to December of 2017 and 2016. December YTD sales of 734 are running -8.5% behind last year’s year-to-date sales of 802.

Average sale price: $776,085 (+6%)

Norwalk

December Property sales were 55, up 17.0% from 47 in December of 2017 and 14.6% higher than the 48 sales last month. December 2018 sales were at a mid level compared to December of 2017 and 2016. December YTD sales of 681 are running 1.6% ahead of last year’s year-to-date sales of 670.

Average sale price:  $606,213 (-2%)

Darien

2018 sales of 269 were 10% behind last year’s sales of 302.

Average sale price:  $1,630,849 (-4%)