Weston Market Report

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Amelia Evans
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1 Weston ket Report First Quarter Connecticut Hamptons New York City New Jersey Hudson Valley 379 POST ROAD EAST, WESTPORT, CT 688 (23) HALSTEAD CONNECTICUT, LLC

2 Weston Overview % CHANGE : Closings in First Quarter % : Average Closing Price First Quarter $64,685 $728, % : Pending on ch 31st % : Inventory on ch 31st % Weston Closed: First Quarter Average Closed Price: First Quarter $64,685 $728,93 $754,486 $834,577 $843, $1,15, $73, $628,697 $ $2, $4, $6, $8, $1,, $1,2, Weston House Listings Inventory First Quarter 219 2

3 Weston Active House Listings as of ch 31st % Under $5K % $5K-$7K % $7K-$9K % $9K-$1.2M % $1.2M-$1.5M % $1.5M-$2M % Over $2M % Number of Closed: First Quarter % Under $5K % $5K-$7K % $7K-$9K 2 4-5% $9K-$1.2M 2 4-5% $1.2M-$1.5M % $1.5M-$2M NA Over $2M NA Average List-to-Sale-Price Ratio: Based on closing from ober 218-ch 219 (six months) UNDER $5K $5K-$7K $7K-$9K $9K-$1.2M $1.2M-$1.5M $1.5M-$2M OVER $2M 97.3% 95.7% 94.1% 96.3% 94.5% 87.% 1.1% Average for all price points: 95.5% : Active/Closed/Pending Active/Pending as of ch 31st; Closed: First Quarter Active Closed Pending Under $5K $5K-$7K $7K-$9K $9K-$1.2M $1.2M-$1.5M $1.5M-$2M Over $2M First Quarter 219 3

4 Weston Absorption Rate: Absorption Rate: How many months it would take to sell all active listings in a given market or price range. We calculate it by taking the average number of closings over the prior 12 months and multiplying that by the number of active listings. Absorption Rate in Months: MARCH 219 SEPTEMBER 218 MARCH 218 LISTINGS ABSORPTION RATE LISTINGS ABSORPTION RATE LISTINGS ABSORPTION RATE Under $5K $5K-$7K $7K-$9K $9K-$1.2M $1.2M-$1.5M $1.5M-$2M Over $2M Weston had a 9.8-month supply of houses for sale in ch, 7% lower than the same time last year, when the absorption rate was 1.5 months. The tightest price ranges were under $7, where there averaged a 5.4-month supply of houses for sale. 2 Hunt Lane, Weston. $1,199, WEB# First Quarter 219

5 Lower Fairfield County Town Comparison: First Quarter (Single Family Homes) Town # of Sold % change Median Selling Price % change Darien % $1,335,18 $1,444, % Easton % $64,967 $55, % Fairfield % $724,548 $766,77-5.5% All of Greenwich % $2,32,46 $2,663, % New Canaan % $1,338,649 $1,893,1-29.3% Norwalk % $578,94 $566, % Redding % $454,676 $534,89-15% Ridgefield % $76,566 $672,892 +5% Rowayton* % $1,173,182 $1,39, % Stamford % $565,948 $651, % Weston % $64,685 $728, % Westport % $1,291,595 $1,535, % Wilton % $768,875 $834,98-7.9% *Rowayton solds data also included in Norwalk. Single Family House Inventory Supply ch 219 vs. ch 218 At the end of ch the supply of active single family houses in Lower Fairfield County, collectively, was almost identical to the supply at the same time last year, with just a.1% change.. The map to the right shows the year-over-year change in number of active houses for each town at the end of ch, 219 as it compares to ch, 218. All data sourced from Connecticut Smart MLS and Greenwich MLS. Actives from the Connecticut Smart MLS include Active and Show status. Actives from the Greenwich MLS include Active and Contingent Contract status. 219 Halstead Connecticut, LLC. All Rights Reserved. This information may not be copied, commercially used or distributed without Halstead s prior consent. While information is believed true, no guaranty is made of accuracy. GREENWICH +5% RIDGEFIELD -4% STAMFORD +2% NEW CANAAN % DARIEN -8% REDDING -12% WILTON +1% WESTON -7% NORWALK +4% EASTON -26% WESTPORT -5% FAIRFIELD +9% ROWAYTON -2% Halstead Offices/ket Reports First Quarter 219 5

FIRST QUARTER 2015 CONNECTICUT SINGLE-FAMILY SALES REPORT

FIRST QUARTER 2015 CONNECTICUT SINGLE-FAMILY SALES REPORT 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