ConneCtiCut Single-Family

SaleS RePoRtsecond quarter2015

Both prices and the number of sales posted strong increases in Darien compared to 2014’s second quarter. The average price climbed 13% and the median price 22% over the past year. The number of sales was 17% higher during this time.

Darien

The number of sales rose 16% in Fairfield from 2014’s second quarter, with 250 closings reported. Prices were slightly lower than a year ago, with the average price falling 2% and the median price down 1%.

Fairfield

aveRage and median Sale PRiCe

$2,000,000

$1,800,000

$1,600,000

$1,400,000

$1,200,000

$800,000

$1,000,000

Numberof SaleS

DayS oNmarket

2Q15 90 113

1Q15 34 140

4Q14 54 117

3Q14 99 107

2Q14 77 121

Numberof SaleS

DayS oNmarket

2Q15 250 96

1Q15 111 104

4Q14 120 96

3Q14 200 99

2Q14 215 95

aveRage and median Sale PRiCe

$900,000

$700,000

$600,000

2Q15

$691,448 $578,500

$500,000

$400,000

$300,000

$800,000

average Sale Price median Sale Price

average Sale Price median Sale Price

$1,792,351 $1,579,500

2Q15

$806,824 $545,800

1Q15

$715,830 $589,500

3Q14

$733,206 $545,000

4Q14

$708,729 $585,000

2Q14

$1,747,746 $1,469,050

1Q15

$1,664,352 $1,485,000

3Q14

$1,849,415 $1,574,000

4Q14

$1,592,481 $1,300,000

2Q14

A record $120 million sale inflated the average price in Greenwich a year ago, so it’s not surprising the 2Q15 average price fell in comparison. The median price, which measures the middle of the market, as well as the number of sales both rose over this time.

Greenwich

Prices were mixed compared to a year ago in New Canaan, with a modest decline in the average price, but a slight uptick in the median. The number of sales was 18% higher than the second quarter of 2014.

$2,200,000

$1,800,000

$1,200,000

$1,400,000

$1,600,000

$2,000,000

aveRage and median Sale PRiCe

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$3,500,000

$3,000,000

aveRage and median Sale PRiCe

Numberof SaleS

DayS oNmarket

2Q15 207 170

1Q15 90 179

4Q14 144 166

3Q14 185 139

2Q14 173 158

New Canaan

Numberof SaleS

DayS oNmarket

2Q15 85 166

1Q15 34 192

4Q14 54 175

3Q14 81 153

2Q14 72 164

average Sale Price median Sale Price

average Sale Price median Sale Price

$2,052,757 $1,735,000

2Q15

$2,414,220 $1,900,000

2Q15

$2,658,918 $1,780,000

1Q15

$2,408,221 $1,750,000

3Q14

$2,471,501 $1,883,100

4Q14

$3,229,160 $1,700,000

2Q14

$1,800,921 $1,420,000

1Q15

$1,861,249 $1,752,000

3Q14

$1,883,355 $1,585,250

4Q14

$2,119,085 $1,725,000

2Q14

The median price rose 12% in Norwalk from the second quarter of 2014, to $475,000. The number of sales was slightly higher than a year ago, while homes spent 6% less time on the market.

Norwalk

Both the average and median price fell in Stamford over the past year, despite an 19% increase in the number of sales. Homes spent an average of 92 days on the market, which was 12% less time than in 2014’s second quarter.

Numberof SaleS

DayS oNmarket

2Q15 173 92

1Q15 107 107

4Q14 149 114

3Q14 171 91

2Q14 170 98

Stamford

Numberof SaleS

DayS oNmarket

2Q15 198 92

1Q15 122 130

4Q14 180 102

3Q14 199 82

2Q14 167 104

average Sale Price median Sale Price

average Sale Price median Sale Price

$700,000

$600,000

$500,000

$400,000

$300,000

$100,000

$200,000

$700,000

$600,000

$500,000

$400,000

$100,000

$300,000

$200,000

aveRage and median Sale PRiCe

aveRage and median Sale PRiCe

2Q15

$591,614 $475,000$563,398 $430,000

1Q15

$559,152 $450,000

3Q14

$635,950 $440,000

4Q14

$593,987 $423,250

2Q14

$632,737 $500,500

1Q15

$699,810 $625,000

3Q14

$686,740 $576,000

4Q14

$687,018 $620,000

2Q14 2Q15

$645,403 $574,000

The average price rose sharply from last year’s abnormally low figure in Westport, to $1,837,134. The median price posted a more modest increase, rising 4% during this time.

Westport

While the median price was unchanged in Wilton compared to a year ago, the average price and number of sales fell slightly. Homes spent 4% longer on the market than last year, at an average of 124 days.

Wilton

$1,800,000

$1,600,000

$1,400,000

$1,000,000

$800,000

$1,200,000

$2,000,000

$900,000

$800,000

$700,000

$600,000

$500,000

$1,100,000

$1,000,000

aveRage and median Sale PRiCe

aveRage and median Sale PRiCe

Numberof SaleS

DayS oNmarket

2Q15 97 120

1Q15 61 126

4Q14 96 137

3Q14 119 99

2Q14 105 104

Numberof SaleS

DayS oNmarket

2Q15 69 124

1Q15 29 114

4Q14 48 114

3Q14 72 97

2Q14 73 119

average Sale Price median Sale Price

average Sale Price median Sale Price

$1,837,134 $1,450,000

2Q15

$942,897 $855,000

2Q15

$1,860,672 $1,250,000

1Q15

$1,617,777 $1,344,000

3Q14

$1,498,720 $1,232,500

4Q14

$1,515,713 $1,400,000

2Q14

$914,552 $875,000

1Q15

$955,944 $820,250

3Q14

$871,746 $811,500

4Q14

$957,554 $855,000

2Q14

Prepared by Gregory Heym, Chief Economist,

Halstead Property, LLC. Data is sourced from the Greater

Fairfield County CMLS, Darien

MLS, Greenwich MLS

and New Canaan MLS.

©Halstead Connecticut, LLC. All Rights Reserved. This information

may not be copied, commercially used or distributed without

Halstead Property’s prior consent. While information is believed true,

no guaranty is made of accuracy.

Cover Property Web# 99107095

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ConneCtiCutDarien671 Boston Post RoadDarien, CT 06820203.655.1418

new Canaan183 Elm StreetNew Canaan, CT 06840203.966.7800

rowayton140 Rowayton AvenueRowayton, CT 06853203.655.1418

GreenwiCh125 Mason StreetGreenwich, CT 06830203.869.8100

GreenwiCh75 Holly Hill LaneGreenwich, CT 06830203.869.8100

StamforD1099 High Ridge RoadStamford, CT 06905203.329.8801

weStport379 Post Road EastWestport, CT 06880203.221.0666

wilton21 River RoadWilton, CT 06897203.762.8118

manHattanpark avenue499 Park AvenueNew York, NY 10022212.734.0010

eaSt SiDe770 Lexington AvenueNew York, NY 10065212.317.7800

weSt SiDe408 Columbus AvenueNew York, NY 10024212.769.3000

villaGe831 BroadwayNew York, NY 10003212.253.9300

Soho451 West BroadwayNew York, NY 10012212.253.9300

harlem2169 Frederick Douglass BoulevardNew York, NY 10026212.381.2570

waShinGton heiGhtS819 West 187th StreetNew York, NY 10033212.928.3805

RiveRdaleriverDale JohnSon3531 Johnson AvenueRiverdale, NY 10463718.878.1700

riverDale moSholu5626 Mosholu AvenueRiverdale, NY 10471718.549.4116

BRooKlynBrooklyn heiGhtS150 Montague StreetBrooklyn, NY 11201718.613.2000

Boerum hill495 Atlantic AvenueBrooklyn, NY 11217718.613.2090

park Slope76 Seventh AvenueBrooklyn, NY 11217718.399.2222

park Slope244 Fifth AvenueBrooklyn, NY 11215718.622.9300

CoBBle hill162 Court StreetBrooklyn, NY 11201718.613.2020

BeDforD StuyveSant316 Stuyvesant AvenueBrooklyn, NY 11233718.613.2800

HudSon valleyhuDSon526 Warren StreetHudson, NY 12534518.828.0181

neW JeRSeyhoBoken200 Washington StreetHoboken, NJ 07030201.478.6700

montClair635 Valley Road, Montclair, NJ 07030973.744.6033

HamPtonSeaSt hampton2 Newtown LaneEast Hampton, NY 11937 631.324.6100

Southampton31 Main StreetSouthampton, NY 11968631.283.2883

CoRPoRateCommerCial SaleS770 Lexington AvenueNew York, NY 10065212.381.3208

Development marketinG445 Park AvenueNew York, NY 10022212.253.9300

GloBal ServiCeS770 Lexington AvenueNew York, NY 10065800.765.2692 x6521

oFFiCeS