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Fairfield County Real Estate Market Activity through February 2016

MAR

Sales (SF) YTD February 2016 vs. 2015 were up in Westport (+25.7%), down in Weston (-23.1%), Wilton (-47.4%), and Fairfield (-9.7%),up in Southport (+150%), Norwalk (equal), up in Rowayton (+10%), Easton (+70%) and Greenwich (+20.7%).

Average Sales Price February 2016 vs. 2015 was down in Westport (-12.2%), Weston (-16.4%), up in Wilton (+1.9%), down in Fairfield (-14.4%), up in Southport (+116.3%), down in Norwalk (-5.2%), Rowayton(-13.1%), up in Easton (+5.7%)and down in Greenwich (-23.2%).

Westport

February YTD sales of 44 are running 25.7% ahead of last year’s year-to-date sales of 35.February Property sales were 24, up 41.2% from 17 in February of 2015 and 20.0% higher than the 20 sales last month. February 2016 sales were at their highest level compared to February of 2015 and 2014.

Average sales price: $1,752,409 (-12.2%)

Westport Market Action Report – Feb2016

Weston

February YTD sales of 10 are running -23.1% behind last year’s year-to-date sales of 13.February Property sales were 7, up 75.0% from 4 in February of 2015 and 133.3% higher than the 3 sales last month. February 2016 sales were at a mid level compared to February of 2015 and 2014.

Average sales price: $683,220 (-16.4%)

Weston Market Action Report – Feb2016

Wilton

February YTD sales of 10 are running -47.4% behind last year’s year-to-date sales of 19.February Property sales were 5, down -54.5% from 11 in February of 2015 and equal to 0.0% 5 sales last month. February 2016 sales were at their lowest level compared to February of 2015 and 2014.

Average sales price: $902,900 (+1.9%)

Wilton Market Action Report – Feb2016

Fairfield

February YTD sales of 65 are running -9.7% behind last year’s year-to-date sales of 72.February Property sales were 30, up 20.0% from 25 in February of 2015 and -14.3% lower than the 35 sales last month. February 2016 sales were at a mid level compared to February of 2015 and 2014.

Average sales price: $717,593 (-14.4%)

Fairfield Market Action Report – Feb2016

Southport

February YTD sales of 5 are running 150.0% ahead of last year’s year-to-date sales of 2. February Property sales were 2, equal to 0 in February of 2015 and -33.3% lower than the 3 sales last month. February 2016 sales were at a mid level compared to February of 2015 and 2014.

Average sales price: $1,237,600(+116.3%)

Southport Market Action Report – Feb2016

Norwalk

February YTD sales of 76 are running equal to last year’s year-to-date sales of 76.February Property sales were 35, down -7.9% from 38 in February of 2015 and -14.6% lower than the 41 sales last month. February 2016 sales were at a mid level compared to February of 2015 and 2014.

Average sales price: $540,033 (-5.2%)

Norwalk Market Action Report – Feb2016

Rowayton

February YTD sales of 11 are running 10.0% ahead of last year’s year-to-date sales of 10.February Property sales were 5, down -16.7% from 6 in February of 2015 and -16.7% lower than the 6 sales last month. February 2016 sales were at a midlevel compared to February of 2015 and 2014.

Average sales price: $1,117,109(-13.1%)

Rowayton Market Action Report – Feb2016

Easton

February YTD sales of 17 are running 70.0% ahead of last year’s year-to-date sales of 10.February Property sales were 12, up 300.0% from 3 in February of 2015 and 140.0% higher than the 5 sales last month. February 2016 sales were at their highest level compared to February of 2015 and 2014.

Average sales price: $670,163 (+5.7%)

Easton Market Action Report – Feb2016

Greenwich

February YTD sales of 35 are running 20.7% ahead of last year’s year-to-date sales of 29February Property sales were 21, up 31.3% from 16 in February of 2015 and 50.0% higher than the 14 sales last month. February 2016 sales were at their highest level compared to February of 2015 and 2014.

Average sales price: $1,532,317(-23.2%)

Greenwich Market Action Report – Feb2016