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Fairfield County Real Estate Market Activity through February 2017

Summary

Sales (SF) February 2017 YTD vs. 2016 were down in Westport (-6.8%),up in Weston (+40.0%), Wilton (+160.0%), Fairfield (+21.1%),equal in Southport, up in Norwalk (+5.3%), equal in Rowayton, down in Easton (-47.1%) and Greenwich (-5.4%).

Average Sales Price February 2017 YTD vs. 2016 was down in Westport (-4.2%), up in Weston (+0.2%), Wilton (+17.2%), down in Fairfield (-1.9%),Southport (-45.5%), Norwalk (-3.4%), up in Rowayton(+4.9%), down in Easton (-14.3%) and up in Greenwich (+29.7%).

Westport

February YTD sales of 41 are running -6.8% behind last year’s year-to-date sales of 44.February Property sales were 17, down -29.2% from 24 in February of 2016 and -29.2% lower than the 24 sales last month. February 2017 sales were at their lowest level compared to February of 2016 and 2015.

Average Sale Price: $1,677,687(-4.2%)

Westport Market Action Report – February 2017

Weston

February YTD sales of 14 are running 40.0% ahead of last year’s year-to-date sales of 10.February Property sales were 9, up 28.6% from 7 in February of 2016 and 80.0% higher than the 5 sales last month. February 2017 sales were at their highest level compared to February of 2016 and 2015.

Average sales price: $684,727(+0.2%)

Weston Market Action Report – February 2017

Wilton

February YTD sales of 26 are running 160.0% ahead of last year’s year-to-date sales of 10.February Property sales were 11, up 120.0% from 5 in February of 2016 and -26.7% lower than the 15 sales last month. February 2017 sales were at a mid level compared to February of 2016 and 2015.

Average sales price: $1.085,971(+17.2%)

Wilton Market Action Report – February 2017

Fairfield

February YTD sales of 74 are running 12.1% ahead of last year’s year-to-date sales of 66.February Property sales were 34, up 9.7% from 31 in February of 2016 and -15.0% lower than the 40 sales last month. February 2017 sales were at their highest level compared to February of 2016 and 2015.

Average sales price: $694,551(-1.9%)

Fairfield Market Action Report – February 2017

Southport

February YTD sales of 5 are running equal to last year’s year-to-date sales of 5. February Property sales were 2, equal to 2 in February of 2016 and -33.3% lower than the 3 sales last month. February 2017 sales were at a mid level compared to February of 2016 and 2015.

Average sales price: $674,420(-45.5%)

Southport Market Action Report – February 2017

Norwalk

February YTD sales of 80 are running 5.3% ahead of last year’s year-to-date sales of 76.February Property sales were 28, down -20.0% from 35 in February of 2016 and -46.2% lower than the 52 sales last month. February 2017 sales were at their lowest level compared to February of 2016 and 2015.

Average sales price: $518,582(-3.4%)

Norwalk Market Action Report – February 2017

Rowayton

February YTD sales of 11 are running equal to last year’s year-to-date sales of 11.February Property sales were 3, down -40.0% from 5 in February of 2016 and -62.5% lower than the 8 sales last month. February 2017 sales were at their lowest level compared to February of 2016 and 2015.

Average sales price: $1,172,182(+4.9%)

Rowayton Market Action Report – February 2017

Easton

February YTD sales of 9 are running -47.1% behind last year’s year-to-date sales of 17.February Property sales were 3, down -75.0% from 12 in February of 2016 and -50.0% lower than the 6 sales last month. February 2017 sales were at their lowest level compared to February of 2016 and 2015.

Average sales price: $568,278(-14.3%)

Easton Market Action Report – February 2017

Greenwich

February YTD sales of 35 are running -5.4% behind last year’s year-to-date sales of 37.February Property sales were 14, down -39.1% from 23 in February of 2016 and -33.3% lower than the 21 sales last month. February 2017 sales were at their lowest level compared to February of 2016 and 2015.

Average sales price: $2,014,444 (+29.7%)

Greenwich Market Action Report – February 2017