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Fairfield County Real Estate Market Activity through October 2014

MAR-Header - October 2014

YTD Sales (SF) through October 2014 vs. 2013 were down in Westport (-16.8%), Weston (-7.6%), Wilton (-9.1%), Fairfield (-7.4%), up in Southport (+1.9%), down in Norwalk (-4.2%), up in Rowayton (+24.6%), up in Easton (+25%), down in Greenwich (-1.3%).

Average Sales Price vs. last year was up in Westport (+3.2%), Weston (+3.6%), Wilton (+1.7%), down in Fairfield (-3.8%) and Southport (-28.3%), up in Norwalk (+5.6%), Rowayton (+18.5%), Easton (+7.7%).

Westport

October YTD sales of 333 are running -16.8% behind last year’s year-to-date sales of 400. October Property sales were 41, up 10.8% from 37 in October of 2013 and 57.7% higher than the 26 sales last month. October 2014 sales were at their highest level compared to October of 2013 and 2012.

Average sales price: $1,576,715 (+3.2%)

Westport Market Action Report – Oct 2014

Weston

October YTD sales of 134 are running -7.6% behind last year’s year-to-date sales of 145. October Property sales were 12, up 71.4% from 7 in October of 2013 and 71.4% higher than the 7 sales last month. October 2014 sales were at a mid level compared to October of 2013 and 2012.

Average sales price: $895,046 (+3.6%)

Weston Market Action Report – Oct 2014

Wilton

October YTD sales of 200 are running -9.1% behind last year’s year-to-date sales of 220. October Property sales were 19, up 58.3% from 12 in October of 2013 and 18.8% higher than the 16 sales last month. October 2014 sales were at their highest level compared to October of 2013 and 2012.

Average sales price: $915,980 (+1.7%)

Wilton Market Action Report – Oct 2014

Fairfield

October YTD sales of 563 are running -7.4% behind last year’s year-to-date sales of 608.October Property sales were 39, down -7.1% from 42 in October of 2013 and -27.8% lower than the 54 sales last month. October 2014 sales were at their lowest level compared to October of 2013 and 2012.

Average sales price: $714,447 (-3.8%)

Fairfield Market Action Report – Oct 2014

Southport

October YTD sales of 53 are running 1.9% ahead of last year’s year-to-date sales of 52. October Property sales were 3, equal to 3 in October of 2013 and -50.0% lower than the 6 sales last month. October 2014 sales were at their lowest level compared to October of 2013 and 2012.

Average sales price: $1,103,560 (-28.3%)

Southport Market Action Report – Oct 2014

Norwalk

October YTD sales of 508 are running -4.2% behind last year’s year-to-date sales of 530. October Property sales were 59, up 22.9% from 48 in October of 2013 and 51.3% higher than the 39 sales last month. October 2014 sales were at their highest level compared to October of 2013 and 2012.

Average sales price: $588,285 (+5.6%)

Norwalk Market Action Report – Oct 2014

Rowayton

October YTD sales of 71 are running 24.6% ahead of last year’s year-to-date sales of 57. October Property sales were 12, up 500.0% from 2 in October of 2013 and 300.0% higher than the 3 sales last month. October 2014 sales were at their highest level compared to October of 2013 and 2012.

Average sales price: $1,353,560 (+18.5%)

Rowayton Market Action Report – Oct 2014

Easton

October YTD sales of 95 are running +25.0% ahead of last year’s year-to-date sales of 76. October Property sales were 7, down -22.2% from 9 in October of 2013 and -46.2% lower than the 13 sales last month. October 2014 sales were at a mid level compared to October of 2013 and 2012.

Average sales price: $641,621 (+7.7%)

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Greenwich

October YTD sales of 367 are running -1.3% behind last year’s year-to-date sales of 372. October Property sales were 33, down -19.5% from 41 in October of 2013 and 73.7% higher than the 19 sales last month. October 2014 sales were at a mid level compared to October of 2013 and 2012.

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