Second Quarter 2009 Home Sales: Easton, Fairfield, Weston, Westport and Fairfield

29.08.2009

Laura Lander 0

The second quarter market showed home sale gains for all five towns! Every town showed double digit increases in the number of properties sold.

Connecticut Real Estate Market Statistics

Second Quarter April 1 - June 30, 2009

Town	Active Listings	Avg. List Price	Sold Listings	Avg. Market Time	Avg.List Price	Avg. Sale Price	SP:LP Ratio
Easton	93	1,001,126	16	139	594,312	566,420	95
Fairfield	495	1,135,077	152	102	821,061	759,698	92
Weston	174	1,393,284	24	113	894,345	830,604	92
Westport	365	2,238,055	73	111	1,507,074	1,91,576	92
Wilton	160	1,367,948	47	117	884,651	828,592	93

Easton led the pack with a 75% increase, while Westport trailed the pack with a 52% increase. Westport did lead the pack with their average sale price increasing by $169,787. Fairfield came in second with an increase of $66,567. Wilton posted a respectable increase of $16,370, while Easton posted an increase of $195.00. Weston had a whopping decrease of $520,271 compared to first quarter. This decrease was due mostly to some higher priced properties selling first quarter and then a leveling off in the second quarter. All the towns had a relatively similar Average Market Time ranging from 102-139 days. Also, selling price to listing price ratio was extremely close ranging from 92-95%.

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