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Fairfield County Real Estate Market Activity through February 2015

MARS-header - February 2015

Summary

Sales (SF) for February 2015 YTD vs. 2014 were equal in Westport, down in Weston (-18.8%), Wilton (-24%), up in Fairfield (+16.1%), down in Southport (-71.4%), up in Norwalk (+7%), Rowayton (+100%) and Easton (+42.9%), down in Greenwich (-19.2%).

Average Sales Price for February 2015 YTD vs. 2014 was up in Westport (+51.4%), down in Weston (-21.3%) and Wilton (-4.0%), up in Fairfield (+11.9%), down in Southport (-48.6%), up in Norwalk (+11.6%), Rowayton (+62.4%) and Easton (+31.1%) and down in Greenwich (-1.6%).

Westport

February YTD sales of 34 are running equal to last year’s year-to-date sales of 34.  February Property sales were 16, equal to 16 in February of 2014 and -11.1% lower than the 18 sales last month. February 2015 sales were at their lowest level compared to February of 2014 and 2013.

Average sales price: $2,028,397 (+51.4%)

Westport Market Action Report – Feb2015

Weston

February YTD sales of 13 are running -18.8% behind last year’s year-to-date sales of 16. February Property sales were 4, down -42.9% from 7 in February of 2014 and -55.6% lower than the 9 sales last month. February 2015 sales were at their lowest level compared to February of 2014 and 2013.

Average sales price: $817,685 (-21.3%)

Weston Market Action Report – Feb2015

Wilton

February YTD sales of 19 are running -24.0% behind last year’s year-to-date sales of 25. February Property sales were 11, up 10.0% from 10 in February of 2014 and 37.5% higher than the 8 sales last month. February 2015 sales were at a mid-level compared to February of 2014 and 2013.

Average sales price: $886,158 (-4.0%)

Wilton Market Action Report – Feb2015

Fairfield

February YTD sales of 72 are running 16.1% ahead of last year’s year-to-date sales of 62. February Property sales were 25, down -24.2% from 33 in February of 2014 and -46.8% lower than the 47 sales last month. February 2015 sales were at their lowest level compared to February of 2014 and 2013.

Average sales price: $838,017 (+11.9%)

Fairfield Market Action Report – Feb2015

Southport

February YTD sales of 2 are running -71.4% behind last year’s year-to-date sales of 7. February Property sales were 0, down -100.0% from 4 in February of 2014 and -100.0% lower than the 2 sales last month. February 2015 sales were at their lowest level compared to February of 2014 and 2013.

Average sales price: $572,000 (-48.6%)

Southport Market Action Report – Feb2015

Norwalk

February YTD sales of 76 are running 7.0% ahead of last year’s year-to-date sales of 71. February Property sales were 38, up 11.8% from 34 in February of 2014 and equal to 0.0% 38 sales last month. February 2015 sales were at their highest level compared to February of 2014 and 2013.

Average sales price: $569,608 (+11.6%)

Norwalk Market Action Report – Feb2015

Rowayton

February YTD sales of 10 are running 100.0% ahead of last year’s year-to-date sales of 5. February Property sales were 6, up 100.0% from 3 in February of 2014 and 50.0% higher than the 4 sales last month. February 2015 sales were at their highest level compared to February of 2014 and 2013.

Average sales price: $1,297,700 (+62.4%)

Rowayton Market Action Report – Feb2015

Easton

February YTD sales of 10 are running 42.9% ahead of last year’s year-to-date sales of 7. February Property sales were 3, up 50.0% from 2 in February of 2014 and -57.1% lower than the 7 sales last month. February 2015 sales were at a mid-level compared to February of 2014 and 2013.

Average sales price: $633,780 (+31.1%)

Easton Market Action Report – Feb2015

Greenwich

February YTD sales of 42 are running -19.2% behind last year’s year-to-date sales of 52. February Property sales were 24, up 50.0% from 16 in February of 2014 and 33.3% higher than the 18 sales last month. February 2015 sales were at a mid-level compared to February of 2014 and 2013.

Average sales price: $1,780,462 (-1.6%)

Greenwich Market Action Report – Feb2015