Real Estate Market Data for Weston, CT 06883
Weston, CT 06883
Incorporated in 1787, Weston sits in the middle of Fairfield County Connecticut, with Wilton to the West, Redding to the North, Easton to the East, Westport to the South and Fairfield to the Southeast. Weston is one of the most affluent communities in the United States with the highest median household income in the county at $ 185,377. Early in its history the town was primarily agricultural with its farmers growing apples, potatoes and onions. Very little manufacturing took place in Weston, in part, because the town does not have a railroad running through the town as does many of its neighbors. By 1850 there were only nine manufacturers in town and by 1911 there were none.
Average Sale Price and Average Listing Price Comparison for 2013
This graph is wonderful for seeing whether the real estate market favored the buyers or the sellers during any given month. For any month in this graph, if the list price (blue) is higher than the sale price (yellow) - this indicates that the price was negotiated down from its original listing amount. March displays the biggest disparity between average sale and average list price: there is a $600,000 difference!
Average Sale Prices - a 3 Year Comparison
Average Sale Prices for Select Towns in Fairfield County
The above graph displays comparisons for average sale prices in select Fairfield County towns. Sorted by month, this graph allows for a good visual understanding of which towns tend to average out into certain price ranges. For example: April was the month in which Westport averaged its highest sale price - but for Redding, May was actually when the highest average sale price was reached.
The Weston sales history is great for side-by-side comparisons of how the numbers change year after year! In 2010, 120 Weston homes were sold for an average price of $934,640. By the next year, 2011, the average sales price fell to $837,574, with only 107 homes contributing to this number. Finally, while the number of homes sold in 2012 jumped to 135, the average price went down a little bit to $823,888.
Recently in Weston, CT 06883...
In June, 29 homes were sold for an average sales price of $1,083,983. Currently in July, there are 168 active listings in Weston, as well as 10 pending listings. So far in July, 16 homes have been sold.
Demographic Statistics for Weston, CT 06883
- Population: 10,179
- Median resident age: 42
- Estimated household income: $209,630
- Median house or condo value (in 2012): $752,500
(These statistics are estimates)
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If you are looking to purchase or sell a home anywhere in Fairfield County - Dagny's Real Estate is the brokerage for you. With years of experience to reference, you can guarantee that Dagny Eason and her agents will do all they can to help your sale go smoothly. Whether you are a first-time buyer, or simply looking to relocate to a different area - Dagny's knowledge of Fairfield County will impress you AND be exactly what you need for all of your realty needs. Lots of testimonials will vouch for this: Dagny Eason is truly a force to be reckoned with!