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Fairfield County Real Estate Market Activity through March 2015

MARS-header - March 2015

MARKET DATA BY TOWN

Summary

YTD Sales (SF) through March 2015 vs. 2014 were down in Westport (-3.2%), up in Weston (+23.5%), down in Wilton (-14.7%), up in Fairfield (+9.9%),down in Southport (-50%), up in Norwalk (+6.9%),Rowayton (+75%) Easton (+58.3%) and Redding (+84.6%), equal in Greenwich.

YTD Average Sales Price 2015 vs. 2014 was up in Westport (+17.7%), down in Weston (-17.0%), up in Wilton (+4.7%), Fairfield (+5.4%), down in Southport (-9.6%),up in (Norwalk (+15.5%),Rowayton (+37.6%), Easton (+13.5%), Redding (+9.0%) and Greenwich (+15.5%).

Westport

March YTD sales of 61 are running -3.2% behind last year’s year-to-date sales of 63. March Property sales were 26, down -10.3% from 29 in March of 2014 and 52.9% higher than the 17 sales last month. March 2015 sales were at their lowest level compared to March of 2014 and 2013.

Average sales price: $1,860,672 (+17.7%)

Westport Market Action Report – Mar2015

Weston

March YTD sales of 21 are running 23.5% ahead of last year’s year-to-date sales of 17. March Property sales were 8, up 700.0% from 1 in March of 2014 and 100.0% higher than the 4 sales last month. March 2015 sales were at their highest level compared to March of 2014 and 2013.

Average sales price: $843,424 (-17.0%)

Weston Market Action Report – Mar2015

Wilton

March YTD sales of 29 are running -14.7% behind last year’s year-to-date sales of 34. March Property sales were 10, up 11.1% from 9 in March of 2014 and -9.1% lower than the 11 sales last month. March 2015 sales were at a mid level compared to March of 2014 and 2013.

Average sales price: $914,552 (+4.7%)

Wilton Market Action Report – Mar2015

Fairfield

March YTD sales of 111 are running 9.9% ahead of last year’s year-to-date sales of 101. March Property sales were 39, equal to 39 in March of 2014 and 56.0% higher than the 25 sales last month. March 2015 sales were at their lowest level compared to March of 2014 and 2013.

Average sales price: $806,824 (+5.4%)

Fairfield Market Action Report – Mar2015

Southport

March YTD sales of 7 are running -50.0% behind last year’s year-to-date sales of 14. March Property sales were 5, down -28.6% from 7 in March of 2014 and equal to 0.0% 0 sales last month. March 2015 sales were at a mid level compared to March of 2014 and 2013.

Average sales price: $1,434,464 (-9.6%)

Southport Market Action Report – Mar2015

Norwalk

March YTD sales of 108 are running 6.9% ahead of last year’s year-to-date sales of 101. March Property sales were 32, up 6.7% from 30 in March of 2014 and -15.8% lower than the 38 sales last month. March 2015 sales were at a mid level compared to March of 2014 and 2013.

Average sales price: $563,398 (+15.5%)

Norwalk Market Action Report – Mar2015

Rowayton

March YTD sales of 14 are running 75.0% ahead of last year’s year-to-date sales of 8. March Property sales were 4, up 33.3% from 3 in March of 2014 and -33.3% lower than the 6 sales last month. March 2015 sales were at a mid level compared to March of 2014 and 2013.

Average sales price: $1,322,188 (+37.6%)

Rowayton Market Action Report – Mar2015

Easton

March YTD sales of 19 are running 58.3% ahead of last year’s year-to-date sales of 12. March Property sales were 9, up 80.0% from 5 in March of 2014 and 200.0% higher than the 3 sales last month. March 2015 sales were at their highest level compared to March of 2014 and 2013.

Average sales price: $615,358 (+13.5%)

Easton Market Action Report – Mar2015

Greenwich

March Property sales were 19, equal to 19 in March of 2014 and -20.8% lower than the 24 sales last month. March 2015 sales were at their lowest level compared to March of 2014 and 2013. March YTD sales of 61 are running -14.1% behind last year’s year-to-date sales of 71.

Average sales price (month of March): $2,536,579 (+15.5%)