Summary
Sales (SF) for January 2014 vs. 2013; down in Westport (-21.7%), up in Weston (+50%), Wilton (+15.4%), Fairfield (+58.8%), down in Southport (-50%), up in Norwalk (+16.7%), down in Rowayton (-50%), no change in Easton, up in Greenwich (54.5%).
Average Sales Price vs. last year; down in Westport (-0.2%), up in Weston (+93.7%), Wilton (+18.6%), down in Fairfield (-0.1%), up in Southport (+0.7%), and down in Norwalk (-22.5%), Rowayton (-39.3%) and Easton (-7.4%), up in Greenwich (64.9%).
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
January YTD sales of 18 are running -21.7% behind last year’s year-to-date sales of 23. January Property sales were 18, down -21.7% from 23 in January of 2013 and -58.1% lower than the 43 sales last month. January 2014 sales were at their lowest level compared to January of 2013 and 2012.
Average sales price: $1,619,611 (-0.2%)
Weston
January YTD sales of 9 are running 50.0% ahead of last year’s year-to-date sales of 6. January Property sales were 9, up 50.0% from 6 in January of 2013 and -55.0% lower than the 20 sales last month. January 2014 sales were at their highest level compared to January of 2013 and 2012.
Average sales price: $1,184,056 (+93.7%)
Wilton
January YTD sales of 15 are running 15.4% ahead of last year’s year-to-date sales of 13. January Property sales were 15, up 15.4% from 13 in January of 2013 and -34.8% lower than the 23 sales last month. January 2014 sales were at their highest level compared to January of 2013 and 2012.
Average sales price: $807,393 (+18.6%)
Fairfield
January YTD sales of 27 are running 58.8% ahead of last year’s year-to-date sales of 17. January Property sales were 27, up 58.8% from 17 in January of 2013 and -55.0% lower than the 60 sales last month. January 2014 sales were at their highest level compared to January of 2013 and 2012.
Average sales price: $670,385 (-0.1%)
Southport
January YTD sales of 2 are running -50.0% behind last year’s year-to-date sales of 4. January Property sales were 2, down -50.0% from 4 in January of 2013 and -71.4% lower than the 7 sales last month. January 2014 sales were at their lowest level compared to January of 2013 and 2012.
Average sales price: $667,500 (+0.7%)
Norwalk
January YTD sales of 35 are running 16.7% ahead of last year’s year-to-date sales of 30. January Property sales were 35, up 16.7% from 30 in January of 2013 and -35.2% lower than the 54 sales last month. January 2014 sales were at their highest level compared to January of 2013 and 2012.
Average sales price: $465,964 (-22.5%)
Rowayton
January YTD sales of 2 are running -50.0% behind last year’s year-to-date sales of 4. January Property sales were 2, down -50.0% from 4 in January of 2013 and -75.0% lower than the 8 sales last month. January 2014 sales were at their lowest level compared to January of 2013 and 2012.
Average sales price: $612,374 (-39.3%)
Easton
January YTD sales of 5 are running equal to last year’s year-to-date sales of 5. January Property sales were 5, equal to 5 in January of 2013 and -61.5% lower than the 13 sales last month. January 2014 sales were at a mid level compared to January of 2013 and 2012.
Average sales price: $464,800 (-7.4%)
Greenwich
January YTD sales of 34 are running 54.5% ahead of last year’s year-to-date sales of 22. January Property sales were 34, up 54.5% from 22 in January of 2013 and -5.6% lower than the 36 sales last month. January 2014 sales were at their highest level compared to January of 2013 and 2012.