F I R S T Q U A RT E R 2 0 1 5
C ON N E C T I C U T S I N G L E - FA M I LY S A L E S R E P ORT
DARIEN
Despite an 11% decline in the number of sales, both the average and median price rose over the past year in Darien. At $1,747,746,
the average sales price was 17% higher than in 2014’s first quarter while the median rose 10% to $1,469,050. Homes spent 21%
longer on the market than a year ago, at an average of 140 days.
AVERAGE AND MEDIAN SALE PRICE
$1,497,717 $1,335,000 $1,592,481 $1,300,000 $1,664,352 $1,485,000 $1,849,415 $1,574,000 $1,747,746 $1,469,050
$2,000,000
Number
of Sales
Days on
Market
$1,800,000
1Q15
34
140
$1,600,000
4Q14
54
117
3Q14
99
107
2Q14
77
121
1Q14
38
116
$1,400,000
$1,200,000
$1,000,000
$800,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
1Q15
Median Sale Price
FAIRFIELD
Fairfield homes sold for an average of $806,824 in the first quarter, a 5% improvement from a year ago. The median price of $545,800
was 3% above last year’s level, while the number of sales rose 10% to 111.
AVERAGE AND MEDIAN SALE PRICE
$765,056 $530,000
$708,729 $585,000
$715,830 $589,500
$733,206 $545,000
$806,824 $545,800
Number
of Sales
$900,000
Days on
Market
$800,000
1Q15
111
104
$700,000
4Q14
120
96
$600,000
3Q14
200
99
2Q14
215
95
1Q14
101
110
$500,000
$400,000
$300,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
2
First Quarter 2015
1Q15
Median Sale Price
halstead.com/marketreports
GREENWICH
The average price of $2,658,918 was virtually unchanged in Greenwich compared to the first quarter of 2014. Two high-end sales
helped keep the average price high, but the median price, which measures the middle of the market, declined 18% during this time to
$1,780,000. Greenwich posted 7% fewer closings than during 2014’s first quarter.
AVERAGE AND MEDIAN SALE PRICE
$2,664,347 $2,175,000 $3,229,160 $1,700,000 $2,408,221 $1,750,000 $2,471,501 $1,883,100 $2,658,918 $1,780,000
$3,500,000
Number
of Sales
Days on
Market
$3,000,000
1Q15
90
179
$2,500,000
4Q14
144
166
3Q14
185
139
2Q14
173
158
1Q14
97
174
$2,000,000
$1,500,000
$1,000,000
$500,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
1Q15
Median Sale Price
NEW CANAAN
New Canaan saw both its average and median price fall over the past year, although homes spent 8% less time on the market. Its
average price dipped 5% to $1,800,921, while the median price of $1,420,000 was 12% lower. The number of sales also declined,
with 3% fewer closings than in 2014’s first quarter.
AVERAGE AND MEDIAN SALE PRICE
$1,896,286 $1,610,000 $2,119,085 $1,725,000 $1,861,249 $1,752,000 $1,883,355 $1,585,250 $1,800,921 $1,420,000
Number
of Sales
Days on
Market
1Q15
34
192
4Q14
54
175
3Q14
81
153
2Q14
72
164
1Q14
35
208
$2,200,000
$2,000,000
$1,800,000
$1,600,000
$1,400,000
$1,200,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
3
First Quarter 2015
1Q15
Median Sale Price
halstead.com/marketreports
N O R WA L K
Norwalk homes saw both their average and median price climb higher over the past year. The average price of $563,398 was 18%
higher than a year ago, while the median of $430,000 was a 16% improvement. The number of sales rose from 99 a year ago to 107,
an 8% increase.
AVERAGE AND MEDIAN SALE PRICE
$479,248 $371,000
$593,987 $423,250
$559,152 $450,000
$635,950 $440,000
$563,398 $430,000
Number
of Sales
$700,000
Days on
Market
$600,000
1Q15
107
107
$500,000
4Q14
149
114
3Q14
171
91
2Q14
170
98
1Q14
99
107
$400,000
$300,000
$200,000
$100,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
1Q15
Median Sale Price
S TA M F O R D
The number of sales for under $500,000 more than doubled in Stamford compared to a year ago. This helped bring the total number of
sales 34% higher than 2014’s first quarter, the largest sales increase in our report. It also brought the average and median price lower
in this market, due to the increase in sales in the lower half of the market.
AVERAGE AND MEDIAN SALE PRICE
$671,451 $600,000
$687,018 $620,000
$699,810 $625,000
$686,740 $576,000
$632,737 $500,500
Number
of Sales
$700,000
Days on
Market
$600,000
1Q15
122
130
$500,000
4Q14
180
102
3Q14
199
82
2Q14
167
104
1Q14
91
124
$400,000
$300,000
$200,000
$100,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
4
First Quarter 2015
1Q15
Median Sale Price
halstead.com/marketreports
W E S T P O RT
An increase in high-end activity pushed the average price higher in Westport compared to a year ago. The median price, which is not
as impacted by high-end activity, was actually 6% lower than 2014’s first quarter. Sales fell slightly during this time, while homes took
17% longer to sell.
AVERAGE AND MEDIAN SALE PRICE
$1,580,659 $1,325,000 $1,515,713 $1,400,000 $1,617,777 $1,344,000 $1,498,720 $1,232,500 $1,860,672 $1,250,000
$2,000,000
Number
of Sales
Days on
Market
$1,800,000
1Q15
61
126
$1,600,000
4Q14
96
137
3Q14
119
99
2Q14
105
104
1Q14
62
108
$1,400,000
$1,200,000
$1,000,000
$800,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
1Q15
Median Sale Price
W I LT O N
Both the average and median price were higher in Wilton over the past year. The average price rose 5% to $914,552, while the median
jumped 25% to $875,000. This market was less active than a year ago, with 15% fewer transactions. There was a 32% decline in the
average days on market, but that is mainly due to the abnormally high figure of a year ago.
AVERAGE AND MEDIAN SALE PRICE
$873,438 $697,500
$957,554 $855,000
$955,944 $820,250
$871,746 $811,500
$914,552 $875,000
$1,100,000
Number
of Sales
Days on
Market
$1,000,000
1Q15
29
114
$900,000
4Q14
48
114
$800,000
3Q14
72
97
2Q14
73
119
1Q14
34
168
$700,000
$600,000
$500,000
1Q14
2Q14
3Q14
4Q14
Average Sale Price
5
First Quarter 2015
1Q15
Median Sale Price
halstead.com/marketreports
Darien
671 Boston Post Road
Darien, CT 06820
203.655.1418
Westport
379 Post Road East
Westport, CT 06880
203.221.0666
Greenwich
56 Mason Street
Greenwich, CT 06830
203.869.8100
Rowayton
140 Rowayton Avenue
Rowayton, CT 06853
203.655.1418
New Canaan
183 Elm Street
New Canaan, CT 06840
203.966.7800
Wilton
21 River Road
Wilton, CT 06897
203.762.8118
75 Holly Hill Lane, Suite 100
Greenwich, CT 06830
203.869.8100
Stamford
1099 High Ridge Road
Stamford, CT 06905
203.329.8801
Park Avenue
499 Park Avenue
New York, NY 10022
212.734.0010
East Side
770 Lexington Avenue
New York, NY 10065
212.317.7800
West Side
408 Columbus Avenue
New York, NY 10024
212.769.3000
Village
831 Broadway
New York, NY 10003
212.253.6500
SoHo
451 West Broadway
New York, NY 10012
212.381.4200
Harlem
2169 Frederick Douglass Boulevard
New York, NY 10026
212.381.2570
Washington Heights
819 West 187th Street
New York, NY 10033
212.928.3805
Park Slope
76 Seventh Avenue
Brooklyn, NY 11201
718.399.2222
Park Slope
244 Fifth Avenue
Brooklyn, NY 11215
718.622.9300
Brooklyn Heights
150 Montague Street
Brooklyn, NY 11201
718.613.2000
Boerum Hill
495 Atlantic Avenue
Brooklyn, NY 11217
718.613.2090
Cobble Hill
162 Court Street
Brooklyn, NY 11201
718.613.2020
Bedford Stuyvesant
316 Stuyvesant Avenue
Brooklyn, NY 11233
718.613.2800
Riverdale
3531 Johnson Avenue
Riverdale, NY 10463
718.878.1700
Riverdale Mosholu
5626 Mosholu Avenue
Riverdale, NY 10471
718.549.4116
Metro New Jersey
200 Washington Street
Hoboken, NJ 07030
201.478.6700
East Hampton
3 North Main Street
East Hampton, NY 11937
631.324.6100
Southampton
31 Main Street
Southampton, NY 11968
631.283.2883
Hudson Valley
526 Warren Street
Hudson, NY 12534
518.828.0181
Global Services
770 Lexington Avenue
New York, NY 10065
800.765.2692 x6521
Commercial Sales
770 Lexington Avenue
New York, NY 10065
212.381.3208
Development Marketing
445 Park Avenue
New York, NY 10022
212.253.9300
Prepared by Gregory Heym, Chief Economist, Halstead Property
Data is sourced from the Greater Fairfield County CMLS, Darien MLS, Greenwich MLS and New Canaan MLS.
Cover Property: Web# 99095316
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