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Fairfield County Real Estate Market Activity through March 2017

Summary

Sales (SF) March2017  YTD vs. 2016 were up in Westport (+8.1%),Weston (+4.3%), Wilton (+69.2%), Fairfield (+.8%), down in Southport(-31.3%), up inNorwalk (+9.6%), equal in Rowayton, down in Easton (-51.9%) andup in Greenwich (+29.4).

Average Sales Price March2017  YTD vs. 2016 was down in Westport (-3%), Weston (-11%), Wilton (-1%), up in Fairfield (+4%), Southport (+27%), down in Norwalk (-9%), Rowayton(-17%),Easton (-18%) and up in Greenwich (+7%).

Westport

March YTD sales of 67 are running 8.1% ahead of last year’s year-to-date sales of 62. March Property sales were 26, up 44.4% from 18 in March of 2016 and 52.9% higher than the 17 sales last month. March 2017 sales were at a mid level compared to March of 2016 and 2015.

Average Sale Price: $1,590,118 (-3%)

Weston

March YTD sales of 24 are running 4.3% ahead of last year’s year-to-date sales of 23. March Property sales were 9, down -30.8% from 13 in March of 2016 and -10.0% lower than the 10 sales last month. March 2017 sales were at a mid level compared to March of 2016 and 2015.

Average sales price: $754,486 (-11%)

Wilton

March YTD sales of 44 are running 69.2% ahead of last year’s year-to-date sales of 26. March Property sales were 18, up 12.5% from 16 in March of 2016 and 63.6% higher than the 11 sales last month. March 2017 sales were at their highest level compared to March of 2016 and 2015.

Average sales price: $932,066 (-1%)

Fairfield

March YTD sales of 121 are running 0.8% ahead of last year’s year-to-date sales of 120. March Property sales were 46, down -14.8% from 54 in March of 2016 and 31.4% higher than the 35 sales last month. March 2017 sales were at a mid level compared to March of 2016 and 2015.

Average sales price: $789,747 (+4%)

Southport

March YTD sales of 11 are running -31.3% behind last year’s year-to-date sales of 16.March Property sales were 6, down -45.5% from 11 in March of 2016 and 200.0% higher than the 2 sales last month. March 2017 sales were at a mid levelcompared to March of 2016 and 2015.

Average sales price: $1,429,873 (+27%)

Norwalk

March YTD sales of 125 are running 9.6% ahead of last year’s year-to-date sales of 114. March Property sales were 43, up 13.2% from 38 in March of 2016 and 43.3% higher than the 30 sales last month. March 2017 sales were at their highest level compared to March of 2016 and 2015.

Average sales price: $508,745 (-9%)

Rowayton

March YTD sales of 15 are running equal to last year’s year-to-date sales of 15.March Property sales were 4, equal to 4 in March of 2016 and 33.3% higher than the 3 sales last month. March 2017 sales were at their lowest level comparedto March of 2016 and 2015.

Average sales price: $1,134,267 (-17%)

Easton

March YTD sales of 13 are running -51.9% behind last year’s year-to-date sales of 27.March Property sales were 4, down -60.0% from 10 in March of 2016 and 33.3% higher than the 3 sales last month. March 2017 sales were at their lowestlevel compared to March of 2016 and 2015.

Average sales price: $601,631 (-18%)

Greenwich

March YTD sales of 66 are running 29.4% ahead of last year’s year-to-date sales of 51.March Property sales were 30, up 114.3% from 14 in March of 2016 and 100.0% higher than the 15 sales last month. March 2017 sales were at their highestlevel compared to March of 2016 and 2015.

Average sales price: $2,216,599 (+7%)