Wilton Real Estate and Home Sales Update
Wilton Home Sales continue to struggle. This year is starting off slower in unit sales than the prior two years. Keep in mind that the last two years were not great performances by any measure. The sliver of hope is that prices seem to be showing some strength. Again we are left waiting for the Fed Reserve to make it decision on interest rates and the next 2-3 months to see which way the trend moves --- up or back down....
The lowest priced home so far was 32 West Church - a 3 Bedroom Colonial with 1,744 SF on .4 Acres built in 1860. It sold for $365,000. The highest priced home was 378 Nod Hill - a 5 Bedroom Colonial on 4.21 Acres built in 1999. It sold for $2,940,000.
Year to Date Sales of Single Family Homes
As of February 29
08 vs 07
08 vs 06
Avg Selling Price
Prepared by the TETREAU Real Estate Group from W. Raveis Real Estate