2015 ConneCtiCut Single-Family SaleS RePoRtmedia.halstead.com/pdf/Halstead_QuarterlyReport... ·...

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CONNECTICUT SINGLE-FAMILY SALES REPORT THIRD QUARTER 2015

Transcript of 2015 ConneCtiCut Single-Family SaleS RePoRtmedia.halstead.com/pdf/Halstead_QuarterlyReport... ·...

Page 1: 2015 ConneCtiCut Single-Family SaleS RePoRtmedia.halstead.com/pdf/Halstead_QuarterlyReport... · 495 Atlantic Avenue Brooklyn, NY 11217 718.613.2090 park Slope 76 Seventh Avenue Brooklyn,

ConneCtiCut Single-Family

SaleS RePoRtthird quarter2015

Page 2: 2015 ConneCtiCut Single-Family SaleS RePoRtmedia.halstead.com/pdf/Halstead_QuarterlyReport... · 495 Atlantic Avenue Brooklyn, NY 11217 718.613.2090 park Slope 76 Seventh Avenue Brooklyn,

The number of sales rose 13% over the past year in Darien, while homes spent 21% less time on the market. Both the average and median prices posted small gains from the third quarter of 2014, rising 2% and 1% respectively.

Darien

Fairfield posted the largest average price increase in our report, as this figure was 11% higher than a year ago. The market was also more active than 2014’s third quarter, with 21% more closings reported.

Fairfield

aveRage and median SaleS PRiCe

aveRage and median SaleS PRiCe

Numberof SaleS

DayS oNmarket

3Q15 242 103

2Q15 250 96

1Q15 111 104

4Q14 120 96

3Q14 200 99

$900,000

$700,000

$600,000

2Q15

$691,448 $578,500

$500,000

$400,000

$300,000

$800,000

average Sales Price median Sales Price

$806,824 $545,800

1Q15

$715,830 $589,500

3Q14

$733,206 $545,000

4Q14

$791,939 $625,000

3Q15

$2,000,000

$1,800,000

$1,600,000

$1,400,000

$1,200,000

$800,000

$1,000,000

Numberof SaleS

DayS oNmarket

3Q15 112 84

2Q15 90 113

1Q15 34 140

4Q14 54 117

3Q14 99 107

average Sales Price median Sales Price

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

2Q15

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

1Q15

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

3Q14

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

4Q14

$1,692,379 $1,497,500

3Q15

Halstead Property 2

Page 3: 2015 ConneCtiCut Single-Family SaleS RePoRtmedia.halstead.com/pdf/Halstead_QuarterlyReport... · 495 Atlantic Avenue Brooklyn, NY 11217 718.613.2090 park Slope 76 Seventh Avenue Brooklyn,

Greenwich’s average price of $2,519,440 during the third quarter was a 5% increase from the same period last year. The median price posted a slightly higher gain, rising 6% to $1,860,500. The number of sales inched lower, from 185 a year ago to 182.

Greenwich

New Canaan saw both its average and median price decline over the past year. The 78 sales reported during the quarter were 4% lower than 2014’s third quarter.

aveRage and median SaleS PRiCe

aveRage and median SaleS PRiCe

New Canaan

$2,500,000

$2,000,000

$1,500,000

$1,000,000

$500,000

$3,500,000

$3,000,000

Numberof SaleS

DayS oNmarket

3Q15 182 150

2Q15 207 170

1Q15 90 179

4Q14 144 166

3Q14 185 139

average Sales Price median Sales Price

$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

$2,519,440 $1,860,500

3Q15

$2,200,000

$1,800,000

$1,200,000

$1,400,000

$1,600,000

$2,000,000

Numberof SaleS

DayS oNmarket

3Q15 78 140

2Q15 85 166

1Q15 34 192

4Q14 54 175

3Q14 81 153

average Sales Price median Sales Price

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

2Q15

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

1Q15

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

3Q14

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

4Q14

$1,606,481 $1,440,000

3Q15

Halstead Property 3

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The number of sales rose 27% in Norwalk compared to a year ago, the largest increase in our report. Although the average price fell over the past year, the median price was 2% higher at $460,000.

Norwalk

At $695,311, the average price in Stamford was slightly below last year’s third quarter. The number of sales rose 21% during this time, from 199 last year to 240.

Numberof SaleS

DayS oNmarket

3Q15 217 92

2Q15 173 92

1Q15 107 107

4Q14 149 114

3Q14 171 91

Stamford

average Sales Price median Sales Price

$700,000

$600,000

$500,000

$400,000

$300,000

$100,000

$200,000

aveRage and median SaleS PRiCe

aveRage and median SaleS PRiCe

2Q15

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

1Q15

$559,152 $450,000

3Q14

$635,950 $440,000

4Q14

$547,773 $460,000

3Q15

Numberof SaleS

DayS oNmarket

3Q15 240 91

2Q15 198 92

1Q15 122 130

4Q14 180 102

3Q14 199 82

average Sales Price median Sales Price

$700,000

$600,000

$500,000

$400,000

$100,000

$300,000

$200,000

$632,737 $500,500

1Q15

$699,810 $625,000

3Q14

$686,740 $576,000

4Q14

$695,311 $590,000

3Q152Q15

$645,403 $574,000

Halstead Property 4

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Even with a 15% increase in sales, both the average and median prices were lower than a year ago in Westport. The average price fell 7% to $1,503,267, and the median price fell 4% to $1,290,000.

Westport

Wilton’s average price fell 5% over the past year to $910,396, while the median price was essentially unchanged. The number of sales fell 6% during this time to 68.

Wilton aveRage and median SaleS PRiCe

$1,800,000

$1,600,000

$1,400,000

$1,000,000

$800,000

$1,200,000

$2,000,000

aveRage median SaleS and PRiCe

Numberof SaleS

DayS oNmarket

3Q15 137 93

2Q15 97 120

1Q15 61 126

4Q14 96 137

3Q14 119 99

average Sales Price median Sales Price

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

2Q15

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

1Q15

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

3Q14

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

4Q14

$1,503,267 $1,290,000

3Q15

$900,000

$800,000

$700,000

$600,000

$500,000

$1,100,000

$1,000,000

Numberof SaleS

DayS oNmarket

3Q15 68 106

2Q15 69 124

1Q15 29 114

4Q14 48 114

3Q14 72 97

average Sales Price median Sales Price

$942,897 $855,000

2Q15

$914,552 $875,000

1Q15

$955,944 $820,250

3Q14

$871,746 $811,500

4Q14

$ 910,396 $ 819,500

3Q15

Halstead Property 5

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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# 99101080

Visit halstead.com for access to all of our reports, listings, neighborhood information and more.

ConneCtiCutDarien671 Boston Post RoadDarien, CT 06820203.655.1418

new Canaan - elm Street183 Elm StreetNew Canaan, CT 06840203.966.7800

new Canaan - South avenue6 South AvenueNew Canaan, CT 06840203,966.7772

rowayton140 Rowayton AvenueRowayton, CT 06853203.655.1418

GreenwiCh125 Mason StreetGreenwich, 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

QueenSlonG iSlanD City47-12 Vernon BoulevardQueens, NY 1110718.878.1800

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