Market Overview: Wilton, CT

Single Family Properties




October Headlines
Wilton
  • Price per square foot in October was $196. This is down 23.9% from $258 in October of 2016.
  • Median price is down by 12.0%.
  • 3-month unit sales are down 10.3% to 52.
Nearby Areas You May Be Interested In
  • Median price in Weston is down 15.2% to $721,000.
  • Days on market in Weston in October was 211. This is up 20.6% from 175 in October of 2016.
  • Median price in Ridgefield is up by 4.1%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

Changes Favoring Buyers
3 Months Ending October, 2017% Chg From Oct, 2016
Unit Sales 52 -10.3%
Median Sale Price $805,000 -0.9%
Price per Sq Ft for Sold $222 -4.9%
Changes Favoring Sellers
3 Months Ending October, 2017% Chg From Oct, 2016
Inventory 211 -18.5%
Months of Supply 11.1 -23.9%
Market Time (Days) 123 -8.9%
Sales to List Price Ratio 95.4% 0.4%
New Listings 96 -11.1%
Went To Contract 59 5.4%
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Sales
There were 12 unit sales in October. This is down 14.3% from 14 in October of 2016. On a year-over-year basis, unit sales have been falling for 4 months. This is the lowest unit sales have been since 11 in February, 2017. Sales/list price ratio in October moved up to 95.3% from 94.1% in September.

Prices
Median price in October was $805,000. This is down 12.0% from $915,000 in October of 2016. 3-month median price of $805,000 in October was up modestly from $757,000 in September but down marginally from $812,500 in October of 2016. Price per square foot in October was $196. This is down from $236 in September and down from $258 in October of 2016.

Inventory
Inventory of 188 in October was down 13.8% from 218 in September and down 24.2% from 248 in October of 2016. New listings of 24 in October were down considerably from 36 in September and down modestly from 26 in October of 2016. Months of supply of 9.9 in October was down slightly from 11.3 in September and down considerably from 13.9 in October of 2016. On a year-over-year basis, months of supply has been falling for 5 months. This is the lowest months of supply has been since February, 2017.

Market Time
Days on market of 134 in October was down modestly from 156 in September and down slightly from 156 in October of 2016.


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 11.67%
Danbury 10.29%
Norwalk 6.94%
Trumbull 5.69%
Greenwich 5.55%
Bethel 4.79%
Stamford 3.63%
Stratford 3.31%
Darien 2.89%
Westport 2.59%
Data From: SMARTMLS
Towns with an average of at least 5 sales per month (maximum of 10)
 








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