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Fairfield County Real Estate Market Activity through August 2015

Summary

YTD Sales (SF) through August 2015 vs. 2014 were down in Westport (-2.3%), Weston (-6.1%), Wilton (-9.1%), up in Fairfield (+14.5%), equal in Southport, up in Norwalk (+6.1%), down in Rowayton (-16.1%), Easton (-2.7%) and Greenwich (-8.6%).

YTD Average Sales Price 2015 vs. 2014 was up in Westport (+11.0%), Weston (+7.7%), Wilton (+1.7%) and Fairfield (+4.3%), down in Southport (-8.4%), up in Norwalk (+0.6%) and Rowayton (+9.6%), down in Easton (-4.3%) and Greenwich (-0.9%).

Westport

August YTD sales of 260 are running -2.3% behind last year’s year-to-date sales of 266. August Property sales were 40, down -20.0% from 50 in August of 2014 and -34.4% lower than the 61 sales last month. August 2015 sales were at their lowest level compared to August of 2014 and 2013.

Average sales price: $1,747,385 (+11.0%)

Westport Market Action Report – Aug2015

Weston

August YTD sales of 108 are running -6.1% behind last year’s year-to-date sales of 115. August Property sales were 14, down -33.3% from 21 in August of 2014 and -36.4% lower than the 22 sales last month. August 2015 sales were at their lowest level compared to August of 2014 and 2013.

Average sales price: $959,740 (+7.7%)

Weston Market Action Report – Aug2015

Wilton

August YTD sales of 150 are running -9.1% behind last year’s year-to-date sales of 165.  August Property sales were 25, down -13.8% from 29 in August of 2014 and -3.8% lower than the 26 sales last month. August 2015 sales were at a mid level compared to August of 2014 and 2013.

Average sales price: $943,317 (+1.7%)

Wilton Market Action Report – Aug2015

Fairfield

August YTD sales of 538 are running 14.5% ahead of last year’s year-to-date sales of 470. August Property sales were 78, equal to 78 in August of 2014 and -17.0% lower than the 94 sales last month. August 2015 sales were at their lowest level compared to August of 2014 and 2013.

Average sales price: $748,107 (+4.3%)

Fairfield Market Action Report – Aug2015

Southport

August YTD sales of 44 are running equal to last year’s year-to-date sales of 44. August Property sales were 6, down -14.3% from 7 in August of 2014 and -14.3% lower than the 7 sales last month. August 2015 sales were at their lowest level compared to August of 2014 and 2013.

Average Sales Price: $1,045,571 (-8.4%)

Southport Market Action Report – Aug2015

Norwalk

August YTD sales of 436 are running 6.1% ahead of last year’s year-to-date sales of 411. August Property sales were 57, down -18.6% from 70 in August of 2014 and -41.2% lower than the 97 sales last month. August 2015 sales were at their lowest level compared to August of 2014 and 2013.

Average sales price: $564,814 (+0.6%)

Norwalk Market Action Report – Aug2015

Rowayton

August YTD sales of 47 are running -16.1% behind last year’s year-to-date sales of 56.  August Property sales were 6, down -45.5% from 11 in August of 2014 and -14.3% lower than the 7 sales last month. August 2015 sales were at a mid level compared to August of 2014 and 2013.

Average Sales Price: $1,273,153 (+9.6%)

Rowayton Market Action Report – Aug2015

Easton

August YTD sales of 73 are running -2.7% behind last year’s year-to-date sales of 75. August Property sales were 11, up 10.0% from 10 in August of 2014 and -26.7% lower than the 15 sales last month. August 2015 sales were at their highest level compared to August of 2014 and 2013.

Average Sale Price: $614,889 (-4.3%)

Easton Market Action Report – Aug2015

Greenwich

August YTD sales of 288 are running -8.6% behind last year’s year-to-date sales of 315. August Property sales were 32, down -31.9% from 47 in August of 2014 and -42.9% lower than the 56 sales last month. August 2015 sales were at their lowest level compared to August of 2014 and 2013.

Average Sales Price: $2,184,205 (-0.9%)

Greenwich Market Action Report – Aug2015