Market Overview: Wilton, CT

Single Family Properties




December Headlines
Wilton
  • Median price is down 28.1% to $570,000.
  • New listings in December were 3. This is down 75.0% from 12 in December of 2016.
  • Price per square foot is down by 25.1%.
Nearby Areas You May Be Interested In
  • Days on market in Ridgefield in December was 116. This is down 27.5% from 160 in December of 2016.
  • Days on market in Weston is down by 35.4%.
  • 3-month unit sales in Ridgefield are down 9.5% to 76.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

Changes Favoring Buyers
3 Months Ending December, 2017% Chg From Dec, 2016
Unit Sales 48 -5.9%
Median Sale Price $636,250 -20.5%
Market Time (Days) 168 4.3%
Price per Sq Ft for Sold $210 -21.9%
Sales to List Price Ratio 94.8% -0.9%
Went To Contract 48 -2.0%
Changes Favoring Sellers
3 Months Ending December, 2017% Chg From Dec, 2016
Inventory 164 -21.5%
Months of Supply 8.6 -22.9%
New Listings 49 -9.3%
Click here to see monthly and longer-term averages.

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Sales
There were 17 unit sales in December. This is down 5.6% from 18 in December of 2016. Sales/list price ratio in December moved down to 93.0% from 96.2% in November.

Prices
Median price in December was $570,000. This is down 28.1% from $792,500 in December of 2016. This is the lowest median price has been since February, 2016. 3-month median price of $636,250 in December was down a little from $672,000 in November and down somewhat from $800,000 in December of 2016. Price per square foot in December was $222. This is up from $211 in November but down from $296 in December of 2016.

Inventory
Inventory of 130 in December was down 25.3% from 174 in November and down 24.4% from 172 in December of 2016. New listings of 3 in December were down substantially from 22 in November and down considerably from 12 in December of 2016. Months of supply of 6.8 in December was down somewhat from 9.1 in November and down moderately from 9.2 in December of 2016. On a year-over-year basis, months of supply has been falling for 7 months. This is the lowest months of supply has been since January, 2015.

Market Time
Days on market of 184 in December was up a little from 175 in November and up slightly from 158 in December of 2016. This is the highest days on market has been since February, 2017.


Change in Median Sale Price for Single Family Properties YTD From 2016 To 2017 for Towns in Fairfield County, CT Ranked by Best Performance
Towns% Change
Bridgeport 13.07%
Danbury 11.11%
Trumbull 6.38%
Greenwich 5.88%
Norwalk 5.11%
Darien 4.35%
Bethel 4.23%
Stamford 2.93%
Monroe 2.88%
Stratford 2.81%
Data From: SMARTMLS
Towns with an average of at least 5 sales per month (maximum of 10)
 








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