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Fairfield County Real Estate Market Activity

Summary

Sales (SF YTD through October) are up across the board vs. last year, in Westport (33.1%), Weston (36.8%), Wilton (17.6%), Fairfield (15.5%), Norwalk (23.9%), Easton (15.2%).

Average sale prices up YTD vs the same period last year in Westport, Weston, Wilton, Fairfield, Norwalk, down in Easton.

For detailed Market Action Reports for each town, showing market trends for the past 2 plus years, including property sales, prices, inventory, days on market, sales price vs. list price, price per square foot, go to my market data report page.

Westport

October YTD sales of 398 are running 33.1% ahead of last year’s year-to-date sales of 299. October Property sales were 35, up 75.0% from 20 in October of 2012 and -10.3% lower than the 39 sales last month. October 2013 sales were at their highest level compared to October of 2012 and 2011.

Average sales price: $1,533,349 (+8.9%)

Weston

October YTD sales of 145 are running 36.8% ahead of last year’s year-to-date sales of 106. October Property sales were 7, down -41.7% from 12 in October of 2012 and -56.3% lower than the 16 sales last month. October 2013 sales were at their lowest level compared to October of 2012 and 2011.

Average sales price: $863,717 (+8.5%)

Wilton

October YTD sales of 220 are running 17.6% ahead of last year’s year-to-date sales of 187. October Property sales were 12, down -33.3% from 18 in October of 2012 and -36.8% lower than the 19 sales last month. October 2013 sales were at a mid level compared to October of 2012 and 2011.

Average sales price: $901,027 (+12.2%)

Fairfield

October YTD sales of 605 are running 15.5% ahead of last year’s year-to-date sales of 524. October Property sales were 39, down -18.8% from 48 in October of 2012 and -25.0% lower than the 52 sales last month. October 2013 sales were at a mid level compared to October of 2012 and 2011.

Average sales price: $742,448 (+8.9%)

Norwalk

October YTD sales of 529 are running 23.9% ahead of last year’s year-to-date sales of 427. October Property sales were 48, up 4.3% from 46 in October of 2012 and equal to 0.0% 48 sales last month. October 2013 sales were at their highest level compared to October of 2012 and 2011.

Average sales price: $558,313 (+1.5%)

Easton

October YTD sales of 76 are running 15.2% ahead of last year’s year-to-date sales of 66. October Property sales were 9, up 80.0% from 5 in October of 2012 and 125.0% higher than the 4 sales last month. October 2013 sales were at their highest level compared to October of 2012 and 2011.

Average sales price: $595,907 (-2.6%)