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Fairfield County Real Estate Market Activity through May 2016

Summary

Sales (SF) May2016YTD vs. 2015 were up in Westport (+13.9%),down in Weston (-15.1%), equal in Wilton, down in Fairfield (-3.4%),up in Southport (+17.4%), Norwalk (+7.7%), Rowayton (+12%), Easton (+15%) andGreenwich (+6.6%).

Average Sales Price May2016YTD vs. 2015 was down in Westport (-8.8%), Weston (-8.8%), up in Wilton (+3%), down in Fairfield (-2.8%),Southport (-9.1%), Norwalk (-1.0%), up in Rowayton(+3.8%), Easton (+17.4%)and down in Greenwich (-7%).

Westport

May YTD sales of 131 are running 13.9% ahead of last year’s year-to-date sales of 115.May Property sales were 34, up 3.0% from 33 in May of 2015 and -2.9% lower than the 35 sales last month. May 2016 sales were at a mid level compared toMay of 2015 and 2014.
Average sales price: $1,630,242(-8.8%)

Westport Market Action Report – May 2016

Weston

May YTD sales of 45 are running -15.1% behind last year’s year-to-date sales of 53. May Property sales were 11, down -45.0% from 20 in May of 2015 and equal to 0.0% 11 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $861,868(-8.8%)

Weston Market Action Report – May 2016

Wilton

May YTD sales of 65 are running equal to last year’s year-to-date sales of 65.May Property sales were 19, down -13.6% from 22 in May of 2015 and -5.0% lower than the 20 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $937,600(+3%)

Wilton Market Action Report – May 2016

Fairfield

May YTD sales of 255 are running -3.4% behind last year’s year-to-date sales of 264.May Property sales were 65, down -27.0% from 89 in May of 2015 and -7.1% lower than the 70 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $708,887(-2.8%)

Fairfield Market Action Report – May 2016

Southport

May YTD sales of 27 are running 17.4% ahead of last year’s year-to-date sales of 23. May Property sales were 4, down -60.0% from 10 in May of 2015 and -42.9% lower than the 7 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $978,213(-9.1%)

Southport Market Action Report – May 2016

Norwalk

May YTD sales of 225 are running 7.7% ahead of last year’s year-to-date sales of 209. May Property sales were 52, down -7.1% from 56 in May of 2015 and -11.9% lower than the 59 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $559,365(-1.0%)

Norwalk Market Action Report – May 2016

Rowayton

May YTD sales of 28 are running 12.0% ahead of last year’s year-to-date sales of 25.May Property sales were 4, down -42.9% from 7 in May of 2015 and -55.6% lower than the 9 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $1,335,559(+3.8%)

Rowayton Market Action Report – May 2016

Easton

May YTD sales of 46 are running 15.0% ahead of last year’s year-to-date sales of 40. May Property sales were 8, down -11.1% from 9 in May of 2015 and -27.3% lower than the 11 sales last month. May 2016 sales were at their lowest level compared to May of 2015 and 2014.
Average sales price: $697,766(+17.4%)

Easton Market Action Report – May 2016

Greenwich

May YTD sales of 97 are running 6.6% ahead of last year’s year-to-date sales of 91. May Property sales were 29, up 3.6% from 28 in May of 2015 and 70.6% higher than the 17 sales last month. May 2016 sales were at their highest level compared to May of 2015 and 2014.
Average sales price: $2,093,092(-7%)

Greenwich Market Action Report – May