Summary
YTD Sales (SF) through May 2014 vs. 2013 are down in Westport (-21.5%), Weston (-10.4%), Wilton (-19.3%), up in Fairfield (+4.2%) and Southport (+84.6%), down in Norwalk (-17.4%), Rowayton (-24.9%) and Easton (-3%), up in Greenwich (+.07%).
Average Sales Price vs. last year; down in Westport (-7%), up in Weston (+22%), Wilton (+14.9%), Fairfield (+9.7%), Southport (+19.8%), Norwalk (+2.2%) and Rowayton (+11.8%) and down in Easton (-8.4%).
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
May YTD sales of 128 are running -21.5% behind last year’s year-to-date sales of 163. May Property sales were 37, down -31.5% from 54 in May of 2013 and 32.1% higher than the 28 sales last month. May 2014 sales were at a mid level compared to May of 2013 and 2012.
Average sales price: $1,531,096 (-7%)
Weston
May YTD sales of 43 are running -10.4% behind last year’s year-to-date sales of 48. May Property sales were 13, up 8.3% from 12 in May of 2013 and 18.2% higher than the 11 sales last month. May 2014 sales were at their highest level compared to May of 2013 and 2012.
Average sales price: $932,725 (+22%)
Wilton
May YTD sales of 71 are running -19.3% behind last year’s year-to-date sales of 88. May Property sales were 20, down -44.4% from 36 in May of 2013 and 25.0% higher than the 16 sales last month. May 2014 sales were at their lowest level compared to May of 2013 and 2012.
Average sales price: $935,787 (+14.9%)
Fairfield
May YTD sales of 224 are running 4.2% ahead of last year’s year-to-date sales of 215. May Property sales were 63, down -7.4% from 68 in May of 2013 and 5.0% higher than the 60 sales last month. May 2014 sales were at their lowest level compared to May of 2013 and 2012.
Average sales price: $727,180 (+9.7%)
Southport
May YTD sales of 24 are running 84.6% ahead of last year’s year-to-date sales of 13. May Property sales were 9, up 125.0% from 4 in May of 2013 and 800.0% higher than the 1 sales last month. May 2014 sales were at their highest level compared to May of 2013 and 2012.
Average sales price: $1,306,500 (+19.8%)
Norwalk
May YTD sales of 194 are running -17.4% behind last year’s year-to-date sales of 235. May Property sales were 51, down -26.1% from 69 in May of 2013 and 21.4% higher than the 42 sales last month. May 2014 sales were at a mid level compared to May of 2013 and 2012.
Average sales price: $1,196,244 (+11.8%)
Rowayton
May YTD sales of 20 are running -25.9% behind last year’s year-to-date sales of 27. May Property sales were 5, down -50.0% from 10 in May of 2013 and -28.6% lower than the 7 sales last month. May 2014 sales were at their lowest level compared to May of 2013 and 2012.
Average sales price: $1,196,244 (+11.8%)
Easton
May YTD sales of 32 are running -3.0% behind last year’s year-to-date sales of 33. May Property sales were 10, down -23.1% from 13 in May of 2013 and equal to 0.0% 10 sales last month. May 2014 sales were at their lowest level compared to May of 2013 and 2012.
Average sales price: $581,619 (-8.4%)
Greenwich
May YTD sales of 145 are running 0.7% ahead of last year’s year-to-date sales of 144. May Property sales were 43, down -6.5% from 46 in May of 2013 and 38.7% higher than the 31 sales last month. May 2014 sales were at a mid level compared to May of 2013 and 2012.