Summary
Sales (SF) for February 2014 vs. 2013 were down in Westport (-29.8%), up in Weston (+23.1%), Wilton (+4.2%), Fairfield (+45.2%), Southport (+16.7%), Norwalk (+7.8%), Rowayton (+25%), Greenwich (+10.9%), down in Easton (-22.2%)
Average Sales Price vs. last year; down in Westport (-14%), Southport (-31%), Rowayton (-29%), up in Weston (+31%), Wilton (+18%), Fairfield (+20%), down in, up in Norwalk (+2%), down in Easton (+2%).
For detailed Market Action Reports for each town, showing market trends for the past 2 plus years, including property sales, prices, inventory, days on market, sales price vs. list price, price per square foot, go to my market data report page.
Westport
February YTD sales of 33 are running -29.8% behind last year’s year-to-date sales of 47. February Property sales were 15, down -37.5% from 24 in February of 2013 and -16.7% lower than the 18 sales last month. February 2014 sales were at a mid level compared to February of 2013 and 2012.
Average sales price: $1,343,913 (-14%)
Weston
February YTD sales of 16 are running 23.1% ahead of last year’s year-to-date sales of 13. February Property sales were 7, equal to 7 in February of 2013 and -22.2% lower than the 9 sales last month. February 2014 sales were at their lowest level compared to February of 2013 and 2012.
Average sales price: $1,038,648 (+31%)
Wilton
February YTD sales of 25 are running 4.2% ahead of last year’s year-to-date sales of 24. February Property sales were 10, down -9.1% from 11 in February of 2013 and -33.3% lower than the 15 sales last month. February 2014 sales were at a mid level compared to February of 2013 and 2012.
Average sales price: $922,996 (+18%)
Fairfield
February YTD sales of 61 are running 45.2% ahead of last year’s year-to-date sales of 42. February Property sales were 32, up 28.0% from 25 in February of 2013 and 10.3% higher than the 29 sales last month. February 2014 sales were at their highest level compared to February of 2013 and 2012.
Average sales price: $756,807 (+20%)
Southport
February YTD sales of 7 are running 16.7% ahead of last year’s year-to-date sales of 6. February Property sales were 4, up 100.0% from 2 in February of 2013 and 33.3% higher than the 3 sales last month. February 2014 sales were at their highest level compared to February of 2013 and 2012.
Average sales price: $1,062,143 (-31%)
Norwalk
February YTD sales of 69 are running 7.8% ahead of last year’s year-to-date sales of 64. February Property sales were 32, down -5.9% from 34 in February of 2013 and -13.5% lower than the 37 sales last month. February 2014 sales were at a mid level compared to February of 2013 and 2012.
Average sales price: $516,459 (+2%)
Rowayton
February YTD sales of 5 are running 25.0% ahead of last year’s year-to-date sales of 4. February Property sales were 3, equal to 0 in February of 2013 and 50.0% higher than the 2 sales last month. February 2014 sales were at their highest level compared to February of 2013 and 2012.
Average sales price: $798,950 (-29%)
Easton
February YTD sales of 7 are running -22.2% behind last year’s year-to-date sales of 9. February Property sales were 2, down -50.0% from 4 in February of 2013 and -60.0% lower than the 5 sales last month. February 2014 sales were at their lowest level compared to February of 2013 and 2012.
Average sales price: $483,429 (+2%)
Redding
February YTD sales of 8 are running -27.3% behind last year’s year-to-date sales of 11. February Property sales were 3, down -40.0% from 5 in February of 2013 and -40.0% lower than the 5 sales last month. February 2014 sales were at their lowest level compared to February of 2013 and 2012.
Average sales price: $475,000 (+1%)
Greenwich
February YTD sales of 51 are running 10.9% ahead of last year’s year-to-date sales of 46. February Property sales were 16, down -33.3% from 24 in February of 2013 and -54.3% lower than the 35 sales last month. February 2014 sales were at their lowest level compared to February of 2013 and 2012.