MARKET UPDATE

Please click on the links below to view Market Stats:

EASTON

Property Sales
June Property sales were 22, up 10.0% from 20 in June of 2017 and 57.1% higher than the 14 sales last month. June 2018 sales were at their highest level compared to June of 2017 and 2016. June YTD sales of 69 are running 21.1% ahead of last year’s year-to-date sales of 57.

Prices
The Median Sales Price in June was $585,750, down -5.5% from $620,000 in June of 2017 and up 7.5% from $545,000 last month. The Average Sales Price in June was $640,943, up 1.3% from $632,713 in June of 2017 and up 10.2% from $581,714 last month. June 2018 ASP was at a mid range compared to June of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of June was 118, up 8.3% from 109 last month and down -18.1% from 144 in June of last year. June 2018 Inventory was at the lowest level compared to June of 2017 and 2016.

Market Time
The DOM for June was 93, down -23.1% from 121 days last month and down -22.5% from 120 days in June of last year. The June 2018 DOM was at its
lowest level compared with June of 2017 and 2016.

 

FAIRFIELD

Property Sales
June Property sales were 116, down -20.0% from 145 in June of 2017 and 52.6% higher than the 76 sales last month. June 2018 sales were at a mid level compared to June of 2017 and 2016. June YTD sales of 410 are running -11.4% behind last year’s year-to-date sales of 463.

Prices
The Median Sales Price in June was $650,500, up 10.3% from $590,000 in June of 2017 and up 12.6% from $577,500 last month. The Average Sales Price in June was $778,050, up 10.9% from $701,772 in June of 2017 and up 16.8% from $666,121 last month. June 2018 ASP was at highest level compared to June of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of June was 605, up 7.3% from 564 last month and down -12.7% from 693 in June of last year. June 2018 Inventory was at the lowest level compared to June of 2017 and 2016.

Market Time
The DOM for June was 63, down -25.9% from 85 days last month and down -50.0% from 126 days in June of last year. The June 2018 DOM was at its lowest level compared with June of 2017 and 2016.

 

NORWALK

Property Sales
June Property sales were 119, down -11.2% from 134 in June of 2017 and 33.7% higher than the 89 sales last month. June 2018 sales were at their lowestlevel compared to June of 2017 and 2016. June YTD sales of 470 are running -6.7% behind last year’s year-to-date sales of 504.

Prices
The Median Sales Price in June was $457,000, up 6.2% from $430,500 in June of 2017 and up 6.3% from $430,000 last month. The Average Sales Price in June was $595,460, up 1.2% from $588,235 in June of 2017 and up 22.8% from $484,897 last month. June 2018 ASP was at highest level compared to June of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of June was 498, up 8.5% from 459 last month and down -18.6% from 612 in June of last year. June 2018 Inventory was at the lowest level compared to June of 2017 and 2016.

Market Time
The DOM for June was 53, equal to 53 days last month and down -53.5% from 114 days in June of last year. The June 2018 DOM was at its lowest level compared with June of 2017 and 2016.

 

WESTON

Property Sales
June Property sales were 13, down -60.6% from 33 in June of 2017 and -7.1% lower than the 14 sales last month. June 2018 sales were at their lowest level compared to June of 2017 and 2016. June YTD sales of 66 are running -23.3% behind last year’s year-to-date sales of 86.

Prices
The Median Sales Price in June was $650,000, down -24.9% from $865,000 in June of 2017 and up 4.0% from $624,750 last month. The Average Sales Price in June was $661,077, down -32.8% from $984,299 in June of 2017 and down -16.2% from $789,321 last month. June 2018 ASP was at the lowest level compared to June of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of June was 179, up 14.0% from 157 last month and down -6.3% from 191 in June of last year. June 2018 Inventory was at the lowest level compared to June of 2017 and 2016.

Market Time
The DOM for June was 87, down -37.0% from 138 days last month and down -52.5% from 183 days in June of last year. The June 2018 DOM was at its lowest level compared with June of 2017 and 2016.

 

WESTPORT

Property Sales
June Property sales were 47, down -21.7% from 60 in June of 2017 and 23.7% higher than the 38 sales last month. June 2018 sales were at their lowest level compared to June of 2017 and 2016. June YTD sales of 215 are running -5.7% behind last year’s year-to-date sales of 228.

Prices
The Median Sales Price in June was $1,100,000, down -14.1% from $1,280,000 in June of 2017 and equal to $1,100,000 last month. The Average Sales Price in June was $1,280,446, down -12.8% from $1,469,046 in June of 2017 and down -3.5% from $1,327,146 last month. June 2018 ASP was at the lowest level compared to June of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of June was 409, up 2.5% from 399 last month and down -10.9% from 459 in June of last year. June 2018 Inventory was at the lowest level compared to June of 2017 and 2016.

Market Time
The DOM for June was 73, down -18.0% from 89 days last month and down -59.4% from 180 days in June of last year. The June 2018 DOM was at its lowest level compared with June of 2017 and 2016.

 

WESTON

Property Sales
May Property sales were 14, down -12.5% from 16 in May of 2017 and -12.5% lower than the 16 sales last month. May 2018 sales were at a mid level
compared to May of 2017 and 2016. May YTD sales of 53 are running equal to last year’s year-to-date sales of 53.

Prices
The Median Sales Price in May was $624,750, down -16.7% from $750,000 in May of 2017 and down -9.4% from $689,500 last month. The Average Sales
Price in May was $789,321, down -2.4% from $808,531 in May of 2017 and up 2.6% from $769,078 last month. May 2018 ASP was at the lowest level
compared to May of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of May was 165, up 7.1% from 154 last month and down -20.7% from 208 in May of last year. May 2018 Inventory was at the lowest level compared to May of 2017 and 2016. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2018 MSI of 11.8 months was at its lowest level compared with May of 2017 and 2016.

Market Time
The DOM for May was 138, up 58.6% from 87 days last month and down -0.7% from 139 days in May of last year. The May 2018 DOM was at its lowest level compared with May of 2017 and 2016.

 

WILTON

Property Sales
June Property sales were 27, down -27.0% from 37 in June of 2017 and 17.4% higher than the 23 sales last month. June 2018 sales were at their lowest level compared to June of 2017 and 2016. June YTD sales of 108 are running -14.3% behind last year’s year-to-date sales of 126.

Prices
The Median Sales Price in June was $710,000, down -2.1% from $725,000 in June of 2017 and down -11.8% from $805,000 last month. The Average Sales Price in June was $775,037, up 7.3% from $722,024 in June of 2017 and down -25.6% from $1,041,783 last month. June 2018 ASP was at a mid range compared to June of 2017 and 2016.

Inventory & MSI
The Total Inventory of Properties available for sale as of June was 261, up 6.1% from 246 last month and down -6.5% from 279 in June of last year. June 2018 Inventory was at the lowest level compared to June of 2017 and 2016.

Market Time
The DOM for June was 64, down -7.2% from 69 days last month and down -54.9% from 142 days in June of last year. The June 2018 DOM was at its lowest level compared with June of 2017 and 2016.

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