Market Overview: Wilton, CT

Single Family Properties




April Headlines
Wilton
  • Unit sales in April were 16. This is down 23.8% from 21 in April of 2017.
  • Price per square foot is down by 15.8%.
  • Days on market is down 22.7% to 140.
Nearby Areas You May Be Interested In
  • Price per square foot in Norwalk is down 24.4% to $225.
  • Days on market in Stamford in April was 120. This is up 37.9% from 87 in April of 2017.
  • Unit sales in Danbury are down by 50.0%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

Changes Favoring Buyers
3 Months Ending April, 2018% Chg From Apr, 2017
Unit Sales 38 -24.0%
Median Sale Price $740,000 -1.0%
Price per Sq Ft for Sold $225 -8.3%
Went To Contract 43 -15.7%
Changes Favoring Sellers
3 Months Ending April, 2018% Chg From Apr, 2017
Inventory 189 -15.2%
Months of Supply 10.6 -3.3%
Market Time (Days) 137 -27.1%
Sales to List Price Ratio 95.9% 1.4%
New Listings 157 -18.7%
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Sales
There were 16 unit sales in April. This is down 23.8% from 21 in April of 2017. Sales/list price ratio was 96.0% in April, the same as March.

Prices
Median price in April was $747,500. This is down 0.3% from $750,000 in April of 2017. 3-month median price of $740,000 in April was down just slightly from $745,000 in March and down marginally from $747,500 in April of 2017. Price per square foot in April was $210. This is up from $207 in March but down from $249 in April of 2017.

Inventory
Inventory of 227 in April was up 25.4% from 181 in March but down 12.0% from 258 in April of 2017. New listings of 68 in April were up considerably from 51 in March but down modestly from 84 in April of 2017. Months of supply of 12.8 in April was up somewhat from 10 in March and very slightly up from 12.7 in April of 2017. On a year-over-year basis, months of supply has been rising for 4 months. This is the highest months of supply has been since May, 2017.

Market Time
Days on market of 140 in April was up substantially from 101 in March but down somewhat from 181 in April of 2017.


Change in Median Sale Price for Single Family Properties YTD From 2017 To 2018 for Towns in Fairfield County, CT Ranked by Best Performance
Towns% Change
Redding 22.06%
Norwalk 17.24%
Bridgeport 16.33%
Stratford 13.64%
New Fairfield 10.67%
Newtown 9.00%
New Canaan 6.16%
Stamford 4.88%
Danbury 4.44%
Greenwich 3.61%
Data From: SMARTMLS
Towns with an average of at least 5 sales per month (maximum of 10)
 








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