Wilton Home Sales and Real Estate Update - February 2008

By
Real Estate Agent with William Raveis Real Estate - Fairfield, CT

Wilton Real Estate and Home Sales Update

February 2008

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.

 

WILTON Update

 

Year to Date Sales of Single Family Homes

 

As of February 29

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

2008

2007

08 vs 07

2006

08 vs 06

 

Closes

21

26

-19%

24

-13%

 

Median Price

$945,000

$881,000

7%

$904,000

5%

 

Avg Selling Price

$1,091,500

$1,104,603

-1%

$1,129,396

-3%

 

  

  

  

  

  

  

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

Prepared by the TETREAU Real Estate Group from W. Raveis Real Estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Mike Tetreau

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