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Fairfield County Real Estate Market Activity through October 2015

Summary

YTD Sales (SF) through October2015 vs. 2014 were down in Westport (-0.3%), Weston (-3.0%), Wilton (-10.4%), up in Fairfield (+18.5%),Southport (+9,4%) andNorwalk (+7.2%), down in Rowayton (-9.9%) and Easton (-4.2%), up in Greenwich (+22.4%).
YTD Average Sales Price 2015 vs. 2014 was up in Westport (+4.9%),Weston (+2.5%),down in Wilton (-0.3%), up in Fairfield (+3.9%), Southport (+3.2%), down in Norwalk (-2.6%) andRowayton(-7.4%), Easton (-2.4%), up in Greenwich (+3.1%).

Westport

October YTD sales of 333 are running -0.3% behind last year’s year-to-date sales of 334.October Property sales were 37, down -11.9% from 42 in October of 2014 and 2.8% higher than the 36 sales last month. October 2015 sales were at their lowest level compared to October of 2014 and 2013.

Average sales price: $1,651,370(+4.9%)

Weston

October YTD sales of 130 are running -3.0% behind last year’s year-to-date sales of 134.October Property sales were 6, down -50.0% from 12 in October of 2014 and -62.5% lower than the 16 sales last month. October 2015 sales were at their lowest level compared to October of 2014 and 2013.

Average sales price: $917,211(+2.5%)

Wilton

October YTD sales of 180 are running -10.4% behind last year’s year-to-date sales of 201.October Property sales were 13, down -35.0% from 20 in October of 2014 and -23.5% lower than the 17 sales last month. October 2015 sales were at a mid level compared to October of 2014 and 2013.

Average sales price: $913,369(-0.3%)

Fairfield

October YTD sales of 667 are running 18.5% ahead of last year’s year-to-date sales of 563.October Property sales were 58, up 48.7% from 39 in October of 2014 and -17.1% lower than the 70 sales last month. October 2015 sales were at their highest level compared to October of 2014 and 2013.

Average sales price: $742,296(+3.9%)

Southport

October YTD sales of 58 are running 9.4% ahead of last year’s year-to-date sales of 53.October Property sales were 6, up 100.0% from 3 in October of 2014 and -25.0% lower than the 8 sales last month. October 2015 sales were at their highest level compared to October of 2014 and 2013.

Average Sales Price: $1,074,231(+3.2%)

Norwalk

October YTD sales of 549 are running 7.2% ahead of last year’s year-to-date sales of 512.October Property sales were 48, down -22.6% from 62 in October of 2014 and -22.6% lower than the 62 sales last month. October 2015 sales were at their lowest level compared to October of 2014 and 2013.

Average sales price: $571,799(-2.6%)

Rowayton

October YTD sales of 64 are running -9.9% behind last year’s year-to-date sales of 71.October Property sales were 8, down -33.3% from 12 in October of 2014 and equal to 0.0% 8 sales last month. October 2015 sales were at a mid level compared to October of 2014 and 2013.

Average Sales Price: $1,252,284(-7.4%)

Easton

October YTD sales of 91 are running -4.2% behind last year’s year-to-date sales of 95.October Property sales were 13, up 85.7% from 7 in October of 2014 and 225.0% higher than the 4 sales last month. October 2015 sales were at their highest level compared to October of 2014 and 2013.

Average Sale Price: $626,458(-2.4%)

Greenwich

October YTD sales of 240 are running +22.4% ahead of last year’s year-to-date sales of 196.October Property sales were 26, up 100.0% from 13 in October of 2014 and 4.0% higher than the 25 sales last month. October 2015 sales were at their highest level compared to October of 2014 and 2013.

Average Sales Price: $2,245,771 (+3.1%)