weston homes for sale: Weston Real Estate Update - 08/17/09 03:20 AM
Seven months into the year, Weston is showing the signs of this difficult Real Estate market.  Through July 31, 40 Single Family homes have sold.  This is 45% below the pace of last year.  This pace is trailing 2007 by 61%.
The Average Selling Price is $963,863 so far this year.  This number is down 23% from last years $1,281,550. Homes sales are the highend are experiencing the largest slowdown. So far this year, no homes over $3 Million have sold. 
 
This data is based on the Greater Fairfield County MLS.
 
 
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weston homes for sale: Weston Homes for Sale July 2008 - 08/01/08 01:20 AM
Weston Homes for Sale
July 2008
 The totals for Weston tell a very similar tale to all the surrounding towns.  Sales are off for 2008 and inventories of homes to sell are rising to historic levels.  We now have 20% more homes on the market than last summer....considering we started off the year with the same number of homes on the market as a year ago...this is a large jump in just six months.  Again, what is tough news for sellers has buyers smiling.  Buyers today are taking longer to look at homes and are looking for the best value they … (0 comments)

weston homes for sale: Weston Home Sales and Real Estate Update - June 2008 - 07/16/08 03:10 AM
Weston Real Estate Update
June 2008
 Weston Home Sales are off from the prior year.  According to the Greater Fairfield County MLS, home sales are down 42%.  This has closings moving at a snails pace of less than 8 per month.  With 175 homes for sale, this represents a 22 month supply of inventory.  This means the average market time is almost two years! 
Average Sale prices are up but this is most likely due to the small number of homes being sold.  Weston is seeing the same softness in prices that surrounding towns are experiencing. 
At this point in the … (0 comments)