Summary
YTD Sales (SF) through August 2014 vs. 2013 were down in Westport (-18.8%), Weston (-8.2%), Wilton (-12.7%), Fairfield (-8.6%), Southport (-30.0%) and Norwalk (-5.8%), up in Rowayton (+14.3%) and Easton (+17.5%), and Greenwich (+1.6%).
Average Sales Price vs. last year was up in Westport (+2%), Weston (+3.2%), Wilton (+14.6%), Fairfield (+0.1%), down in Southport (-7%), Norwalk (-0.3%), Rowayton (-3.1%) and up Easton (+3.7%).
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
August YTD sales of 263 are running -18.8% behind last year’s year-to-date sales of 324. August Property sales were 47, down -27.7% from 65 in August of 2013 and 9.3% higher than the 43 sales last month. August 2014 sales were at a mid-level compared to August of 2013 and 2012.
Average sales price: $1,582,764 (+2%)
Weston
August YTD sales of 112 are running -8.2% behind last year’s year-to-date sales of 122. August Property sales were 18, down -10.0% from 20 in August of 2013 and -41.9% lower than the 31 sales last month. August 2014 sales were at a mid-level compared to August of 2013 and 2012.
Average sales price: $897,684 (+3.2%)
Wilton
August YTD sales of 165 are running -12.7% behind last year’s year-to-date sales of 189. August Property sales were 29, up 26.1% from 23 in August of 2013 and 7.4% higher than the 27 sales last month. August 2014 sales were at their highest level compared to August of 2013 and 2012.
Average sales price: $927,141 (+14.6%)
Fairfield
August YTD sales of 470 are running -8.6% behind last year’s year-to-date sales of 514. August Property sales were 78, down -19.6% from 97 in August of 2013 and 9.9% higher than the 71 sales last month. August 2014 sales were at a mid level compared to August of 2013 and 2012.
Average sales price: $717,480 (+0.1%)
MAR-Fairfield-Aug2014
Southport
August Property sales were 7, down -30.0% from 10 in August of 2013 and 75.0% higher than the 4 sales last month. August 2014 sales were at their lowest level compared to August of 2013 and 2012. August YTD sales of 44 are running 2.3% ahead of last year’s year-to-date sales of 43.
Average sales price: $1,133,582 (-7%)
Norwalk
August YTD sales of 409 are running -5.8% behind last year’s year-to-date sales of 434. August Property sales were 69, up 15.0% from 60 in August of 2013 and 7.8% higher than the 64 sales last month. August 2014 sales were at their highest level compared to August of 2013 and 2012.
Average sales price: $561,510 (-0.3%)
Rowayton
August YTD sales of 56 are running 14.3% ahead of last year’s year-to-date sales of 49. August Property sales were 11, up 120.0% from 5 in August of 2013 and 37.5% higher than the 8 sales last month. August 2014 sales were at their highest level compared to August of 2013 and 2012.
Average sales price: $1,163,465 (-3.1%)
Easton
August YTD sales of 74 are running 17.5% ahead of last year’s year-to-date sales of 63. August Property sales were 9, up 12.5% from 8 in August of 2013 and -25.0% lower than the 12 sales last month. August 2014 sales were at a mid level compared to August of 2013 and 2012.
Average sales price: $625,288 (+3.7%)
Greenwich
August YTD sales of 313 are running 1.6% ahead of last year’s year-to-date sales of 308. August Property sales were 46, down -8.0% from 50 in August of 2013 and -19.3% lower than the 57 sales last month. August 2014 sales were at a mid level compared to August of 2013 and 2012.
MAR-Greenwich-Aug2014-CB