Market Report FAIRFIELD COUNTY Q1-2024
EXECUTIVE SUMMARY
As we welcome the spring season, we reflect on the first quarter of 2024 and the dynamic landscape of the real estate market in areas north of NYC. The market has remained strong and is characterized by robust buyer demand, coupled with historically low inventory levels, that continues to drive prices upward in most segments. It remains optimal for sellers to realize their highest prices.
Despite some pockets experiencing a slight uptick in inventory during Q1 2024, specifically in the higher price ranges, overall conditions remain favorable for sellers and challenging for buyers. Multiple offers remain a common occurrence, demonstrating the importance of working with a knowledgeable buyers’ agent to secure a home. Their expertise can provide invaluable guidance and market insight ensuring that buyers make informed and effective decisions.
Most everyone has seen the news stories regarding the National Association of Realtors (NAR) proposed settlement, which remains subject to court approval. NAR specifically noted they are working with the Department of Justice, which has not yet weighed in on the terms. Any changes to business procedures will likely go into effect only in July or later as and when the NAR settlement is approved. We plan to take care in implementing any required changes in practices just as we have implemented and adhered to numerous changes in law and practice over the years.
Since its inception in 1888, Houlihan Lawrence has been committed to providing both our buyers and our sellers with best-in-class service and nothing will change that commitment. Meeting our fiduciary standards to both our buyer and seller clients is always our top priority. It’s why we list more homes and represent more buyers than any other company North of NYC.
We extend our heartfelt thanks to all our clients who have put their trust in us. As your real estate partner, we continually strive for excellence in serving your real estate needs.
With Warm Regards,
Liz Nunan President and CEOQ1-2024
REPORT
MARKET
FIRST QUARTER 2024
TABLE OF CONTENTS
Single Family Homes Overview
STAMFORD DARIEN NEW CANAAN NORWALK WESTPORT FAIRFIELD BRIDGEPORT STRATFORD WILTON WESTON EASTON TRUMBULL SHELTON RIDGEFIELD REDDING MONROE DANBURY BETHEL NEWTOWN NEW FAIRFIELD BROOKFIELD SHERMAN
FAIRFIELD COUNTY
GREENWICH
GREENWICH
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Greenwich MLS, Residential / Single Family Homes
* Homes sold for 2024 are annualized based on actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 76 84 -9.5% 527 637 -17.3% AVERAGE SALE PRICE $3,740,033 $3,128,138 19.6% $3,547,203 $3,050,065 16.3% MEDIAN SALE PRICE $3,053,461 $2,517,750 21.3% $2,500,000 $2,450,000 2.0% AVERAGE PRICE PER SQUARE FOOT $806 $670 20.3% $758 $696 8.9% AVERAGE DAYS ON MARKET 88 88 0.0% 82 76 7.9% % SALE PRICE TO LIST PRICE 100.1% 97.1% 3.1% 98.0% 99.7% -1.7%
Average Sale Price $2,421,486 $2,203,756 $2,574,993 $2,393,006 $2,376,330 $2,667,708 $3,002,372 $3,050,065 $3,547,203 $3,740,033 Average Sale Price Average Price/SqFt $592 $564 $578 $563 $545 $557 $635 $696 $758 $806 Average Price/SqFt Days On Market 161 157 184 179 199 171 109 76 82 88 Days On Market %Sale Price to List Price 94.4% 94.1% 92.5% 93.7% 92.4% 94.4% 97.4% 99.7% 98.0% 100.1% %Sale Price to List Price
GREENWICH
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $999,999 3 6 1 8 5 2 -62.5% 20.0% $1,000,000 - $1,999,999 12 27 1 30 18 2 -60.0% 50.0% $2,000,000 - $2,999,999 22 18 1 22 18 1 0.0% 0.0% $3,000,000 - $3,999,999 15 13 1 20 14 1 -25.0% -7.1% $4,000,000 - $4,999,999 8 11 1 21 12 2 -61.9% -8.3% $5,000,000 - $5,999,999 8 2 4 17 4 4 -52.9% -50.0% $6,000,000 - $7,999,999 17 6 3 11 10 1 54.5% -40.0% $8,000,000 - $9,999,999 6 3 2 3 4 1 100.0% -25.0% $10,000,000 and up 27 2 14 22 4 6 22.7% -50.0% MarketTotals 118 88 1 154 89 2 -23.4% -1.1% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $999,999 3 10 -70.0% 47 56 -16.1% $1,000,000 - $1,999,999 18 22 -18.2% 137 163 -16.0% $2,000,000 - $2,999,999 16 18 -11.1% 118 140 -15.7% $3,000,000 - $3,999,999 10 9 11.1% 58 69 -15.9% $4,000,000 - $4,999,999 13 9 44.4% 63 54 16.7% $5,000,000 - $5,999,999 5 9 -44.4% 34 45 -24.4% $6,000,000 - $7,999,999 8 3 166.7% 33 34 -2.9% $8,000,000 - $9,999,999 1 3 -66.7% 15 10 50.0% $10,000,000 and up 2 1 100.0% 14 8 75.0% MarketTotals 76 84 -9.5% 519 579 -10.4%
Source : Greenwich MLS, Residential / Single Family Homes
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
STAMFORD
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 88 98 -10.2% 543 777 -30.1% AVERAGE SALE PRICE $955,404 $910,526 4.9% $930,600 $878,225 6.0% MEDIAN SALE PRICE $838,000 $805,000 4.1% $810,000 $751,500 7.8% AVERAGE PRICE PER SQUARE FOOT $344 $326 5.5% $330 $307 7.5% AVERAGE DAYS ON MARKET 72 50 44.0% 44 46 -4.3% % SALE PRICE TO LIST PRICE 102.9% 100.5% 2.4% 102.6% 101.9% 0.7%
Average Sale Price $660,162 $636,893 $652,048 $648,437 $640,382 $721,185 $832,913 $878,225 $930,600 $955,404 Average Sale Price Average Price/SqFt $239 $230 $234 $230 $235 $248 $288 $307 $330 $344 Average Price/SqFt Days On Market 101 106 91 71 89 84 60 46 44 72 Days On Market %Sale Price to List Price 96.3% 96.1% 96.3% 96.7% 96.7% 97.9% 100.3% 101.9% 102.6% 102.9% %Sale Price to List Price
STAMFORD
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 8 6 1 6 3 2 33.3% 100.0% $500,000 - $699,999 21 11 2 29 11 3 -27.6% 0.0% $700,000 - $999,999 32 13 2 23 14 2 39.1% -7.1% $1,000,000 - $1,499,999 17 8 2 19 9 2 -10.5% -11.1% $1,500,000 - $1,999,999 17 1 17 13 5 3 30.8% -80.0% $2,000,000 - $2,499,999 3 2 2 10 0 Not Valid -70.0% 0.0% $2,500,000 - $2,999,999 1 1 1 4 1 4 -75.0% 0.0% $3,000,000 - $3,999,999 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% $4,000,000 and up 1 0 Not Valid 3 0 Not Valid -66.7% 0.0% MarketTotals 101 42 2 107 43 2 -5.6% -2.3% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 5 8 -37.5% 29 46 -37.0% $500,000 - $699,999 18 29 -37.9% 145 237 -38.8% $700,000 - $999,999 37 30 23.3% 202 257 -21.4% $1,000,000 - $1,499,999 15 23 -34.8% 101 127 -20.5% $1,500,000 - $1,999,999 11 6 83.3% 36 36 0.0% $2,000,000 - $2,499,999 2 2 0.0% 17 11 54.5% $2,500,000 - $2,999,999 0 0 Not Valid 0 1 -100.0% $3,000,000 - $4,999,999 0 0 Not Valid 2 5 -60.0% $5,000,000 and up 0 0 Not Valid 1 1 0.0% MarketTotals 88 98 -10.2% 533 721 -26.1%
Source : Smart MLS, Single Family Homes
DARIEN
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 21 34 -38.2% 235 284 -17.3% AVERAGE SALE PRICE $2,360,571 $1,772,208 33.2% $2,450,673 $2,020,720 21.3% MEDIAN SALE PRICE $1,850,000 $1,472,500 25.6% $1,925,000 $1,690,560 13.9% AVERAGE PRICE PER SQUARE FOOT $623 $567 9.9% $640 $567 12.9% AVERAGE DAYS ON MARKET 71 43 65.1% 39 41 -4.9% % SALE PRICE TO LIST PRICE 101.2% 100.8% 0.4% 99.3% 102.7% -3.3%
Average Sale Price $1,705,978 $1,673,646 $1,676,743 $1,603,743 $1,534,435 $1,655,525 $1,929,797 $2,020,720 $2,450,673 $2,360,571 Average Sale Price Average Price/SqFt $504 $490 $476 $458 $429 $446 $505 $567 $640 $623 Average Price/SqFt Days On Market 105 110 126 122 147 124 70 41 39 71 Days On Market %Sale Price to List Price 95.6% 96.0% 95.5% 94.7% 94.0% 96.3% 99.4% 102.7% 99.3% 101.2% %Sale Price to List Price
DARIEN
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $699,999 0 1 0 2 0 Not Valid -100.0% 0.0% $700,000 - $999,999 1 1 1 7 5 1 -85.7% -80.0% $1,000,000 - $1,499,999 5 4 1 6 3 2 -16.7% 33.3% $1,500,000 - $1,999,999 3 6 1 5 10 1 -40.0% -40.0% $2,000,000 - $2,499,999 3 3 1 4 6 1 -25.0% -50.0% $2,500,000 - $2,999,999 3 2 2 2 4 1 50.0% -50.0% $3,000,000 - $3,999,999 2 3 1 10 1 10 -80.0% 200.0% $4,000,000 and up 11 4 3 10 4 3 10.0% 0.0% MarketTotals 28 24 1 46 33 1 -39.1% -27.3% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 0 1 -100.0% 2 1 100.0% $500,000 - $699,999 1 3 -66.7% 8 13 -38.5% $700,000 - $999,999 5 5 0.0% 22 36 -38.9% $1,000,000 - $1,499,999 3 9 -66.7% 42 64 -34.4% $1,500,000 - $1,999,999 5 2 150.0% 40 47 -14.9% $2,000,000 - $2,499,999 1 7 -85.7% 42 33 27.3% $2,500,000 - $2,999,999 1 3 -66.7% 19 27 -29.6% $3,000,000 - $4,999,999 3 4 -25.0% 38 38 0.0% $5,000,000 and up 2 0 Not Valid 9 6 50.0% MarketTotals 21 34 -38.2% 222 265 -16.2%
Source : Smart MLS, Single Family Homes
NEW CANAAN
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 32 31 3.2% 210 261 -19.5% AVERAGE SALE PRICE $2,426,843 $2,082,951 16.5% $2,240,384 $2,177,383 2.9% MEDIAN SALE PRICE $2,161,000 $1,695,000 27.5% $2,000,000 $1,916,752 4.3% AVERAGE PRICE PER SQUARE FOOT $531 $440 20.7% $474 $458 3.5% AVERAGE DAYS ON MARKET 107 73 46.6% 51 55 -7.3% % SALE PRICE TO LIST PRICE 97.0% 98.1% -1.1% 99.6% 100.6% -1.0%
Average Sale Price $1,783,190 $1,770,026 $1,713,201 $1,628,160 $1,424,859 $1,670,517 $1,995,193 $2,177,383 $2,240,384 $2,426,843 Average Sale Price Average Price/SqFt $406 $356 $355 $341 $316 $337 $400 $458 $474 $531 Average Price/SqFt Days On Market 126 148 147 138 164 137 83 55 51 107 Days On Market %Sale Price to List Price 95.8% 93.8% 94.0% 92.2% 92.8% 95.4% 99.1% 100.6% 99.6% 97.0% %Sale Price to List Price
NEW CANAAN
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $699,999 0 1 0 1 1 1 -100.0% 0.0% $700,000 - $999,999 0 1 0 3 3 1 -100.0% -66.7% $1,000,000 - $1,499,999 4 9 1 7 4 2 -42.9% 125.0% $1,500,000 - $1,999,999 2 7 1 8 9 1 -75.0% -22.2% $2,000,000 - $2,499,999 4 6 1 4 7 1 0.0% -14.3% $2,500,000 - $2,999,999 3 2 2 9 2 5 -66.7% 0.0% $3,000,000 - $3,999,999 9 6 2 11 5 2 -18.2% 20.0% $4,000,000 and up 20 2 10 21 2 11 -4.8% 0.0% MarketTotals 42 34 1 64 33 2 -34.4% 3.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 0 0 Not Valid 0 0 Not Valid $500,000 - $699,999 1 0 Not Valid 1 2 -50.0% $700,000 - $999,999 1 6 -83.3% 12 20 -40.0% $1,000,000 - $1,499,999 6 6 0.0% 36 54 -33.3% $1,500,000 - $1,999,999 4 7 -42.9% 48 46 4.3% $2,000,000 - $2,499,999 6 5 20.0% 41 36 13.9% $2,500,000 - $2,999,999 5 2 150.0% 27 38 -28.9% $3,000,000 - $4,999,999 8 3 166.7% 40 34 17.6% $5,000,000 and up 1 2 -50.0% 6 8 -25.0% MarketTotals 32 31 3.2% 211 238 -11.3%
Source : Smart MLS, Single Family Homes
NORWALK
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 84 95 -11.6% 539 705 -23.5% AVERAGE SALE PRICE $840,152 $759,494 10.6% $842,685 $848,267 -0.7% MEDIAN SALE PRICE $670,000 $610,000 9.8% $655,000 $635,000 3.1% AVERAGE PRICE PER SQUARE FOOT $392 $327 19.9% $371 $353 5.1% AVERAGE DAYS ON MARKET 53 53 0.0% 37 44 -15.9% % SALE PRICE TO LIST PRICE 102.3% 100.7% 1.6% 104.4% 103.0% 1.4%
Average Sale Price $561,384 $589,682 $617,442 $606,739 $598,599 $692,658 $775,316 $848,267 $842,685 $840,152 Average Sale Price Average Price/SqFt $244 $255 $262 $258 $261 $289 $315 $353 $371 $392 Average Price/SqFt Days On Market 99 104 83 67 87 79 56 44 37 53 Days On Market %Sale Price to List Price 96.2% 96.2% 96.6% 96.8% 96.7% 97.8% 100.5% 103.0% 104.4% 102.3% %Sale Price to List Price
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
NORWALK
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 4 7 1 22 18 1 -81.8% -61.1% $500,000 - $699,999 22 18 1 22 18 1 0.0% 0.0% $700,000 - $999,999 23 15 2 16 9 2 43.8% 66.7% $1,000,000 - $1,499,999 8 6 1 6 9 1 33.3% -33.3% $1,500,000 - $1,999,999 5 4 1 5 5 1 0.0% -20.0% $2,000,000 - $2,499,999 4 1 4 0 1 0 0.0% 0.0% $2,500,000 - $2,999,999 1 1 1 2 2 1 -50.0% -50.0% $3,000,000 - $3,999,999 1 3 1 2 0 Not Valid -50.0% 0.0% $4,000,000 and up 1 1 1 1 1 1 0.0% 0.0% MarketTotals 69 56 1 76 63 1 -9.2% -11.1% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 15 24 -37.5% 77 145 -46.9% $500,000 - $699,999 31 39 -20.5% 215 248 -13.3% $700,000 - $999,999 21 19 10.5% 121 136 -11.0% $1,000,000 - $1,499,999 12 7 71.4% 67 75 -10.7% $1,500,000 - $1,999,999 0 1 -100.0% 22 38 -42.1% $2,000,000 - $2,499,999 2 1 100.0% 12 11 9.1% $2,500,000 - $2,999,999 1 3 -66.7% 5 13 -61.5% $3,000,000 - $4,999,999 2 1 100.0% 8 8 0.0% $5,000,000 and up 0 0 Not Valid 1 2 -50.0% MarketTotals 84 95 -11.6% 528 676 -21.9%
Source : Smart MLS, Single Family Homes
WESTPORT
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 45 53 -15.1% 327 435 -24.8% AVERAGE SALE PRICE $2,473,555 $2,169,705 14.0% $2,380,203 $2,367,445 0.5% MEDIAN SALE PRICE $1,850,000 $1,625,000 13.8% $2,015,000 $2,002,000 0.6% AVERAGE PRICE PER SQUARE FOOT $532 $545 -2.4% $565 $561 0.7% AVERAGE DAYS ON MARKET 86 73 17.8% 54 54 0.0% % SALE PRICE TO LIST PRICE 99.5% 98.2% 1.3% 100.5% 102.4% -1.9%
Average Sale Price $1,647,416 $1,527,152 $1,532,674 $1,457,544 $1,361,657 $1,595,659 $1,832,804 $2,367,445 $2,380,203 $2,473,555 Average Sale Price Average Price/SqFt $403 $376 $364 $355 $345 $375 $456 $561 $565 $532 Average Price/SqFt Days On Market 113 120 118 98 120 101 56 54 54 86 Days On Market %Sale Price to List Price 94.5% 94.9% 95.4% 95.6% 93.9% 97.1% 100.5% 102.4% 100.5% 99.5% %Sale Price to List Price
WESTPORT
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $699,999 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% $700,000 - $999,999 4 5 1 5 5 1 -20.0% 0.0% $1,000,000 - $1,499,999 4 6 1 7 3 2 -42.9% 100.0% $1,500,000 - $1,999,999 7 11 1 15 3 5 -53.3% 266.7% $2,000,000 - $2,499,999 5 14 1 7 10 1 -28.6% 40.0% $2,500,000 - $2,999,999 7 6 1 15 8 2 -53.3% -25.0% $3,000,000 - $3,999,999 12 4 3 12 11 1 0.0% -63.6% $4,000,000 and up 22 7 3 20 7 3 10.0% 0.0% MarketTotals 62 53 1 82 47 2 -24.4% 12.8% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 2 2 0.0% 3 3 0.0% $500,000 - $699,999 1 2 -50.0% 5 12 -58.3% $700,000 - $999,999 5 5 0.0% 25 46 -45.7% $1,000,000 - $1,499,999 6 12 -50.0% 55 65 -15.4% $1,500,000 - $1,999,999 11 10 10.0% 67 80 -16.3% $2,000,000 - $2,499,999 2 3 -33.3% 38 54 -29.6% $2,500,000 - $2,999,999 4 7 -42.9% 45 44 2.3% $3,000,000 - $4,999,999 9 9 0.0% 61 72 -15.3% $5,000,000 and up 5 3 66.7% 20 25 -20.0% MarketTotals 45 53 -15.1% 319 401 -20.4%
Source : Smart MLS, Single Family Homes
FAIRFIELD
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 82 103 -20.4% 561 730 -23.2% AVERAGE SALE PRICE $1,021,845 $879,196 16.2% $1,119,364 $1,054,867 6.1% MEDIAN SALE PRICE $830,000 $715,000 16.1% $840,000 $807,500 4.0% AVERAGE PRICE PER SQUARE FOOT $390 $367 6.3% $432 $390 10.8% AVERAGE DAYS ON MARKET 61 61 0.0% 47 44 6.8% % SALE PRICE TO LIST PRICE 99.9% 99.0% 0.9% 101.2% 101.9% -0.7%
Average Sale Price $737,642 $705,408 $743,699 $776,998 $707,793 $867,030 $958,051 $1,054,867 $1,119,364 $1,021,845 Average Sale Price Average Price/SqFt $284 $279 $278 $280 $269 $293 $341 $390 $432 $390 Average Price/SqFt Days On Market 102 106 43 77 90 88 55 44 47 61 Days On Market %Sale Price to List Price 96.0% 95.8% 96.3% 95.8% 95.5% 97.2% 99.7% 101.9% 101.2% 99.9% %Sale Price to List Price
FAIRFIELD
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 4 3 1 5 7 1 -20.0% -57.1% $500,000 - $699,999 21 11 2 18 7 3 16.7% 57.1% $700,000 - $999,999 9 12 1 21 11 2 -57.1% 9.1% $1,000,000 - $1,499,999 14 4 4 19 11 2 -26.3% -63.6% $1,500,000 - $1,999,999 17 7 2 10 13 1 70.0% -46.2% $2,000,000 - $2,499,999 8 3 3 5 5 1 60.0% -40.0% $2,500,000 - $2,999,999 5 3 2 7 1 7 -28.6% 200.0% $3,000,000 - $3,999,999 4 3 1 6 3 2 -33.3% 0.0% $4,000,000 and up 7 2 4 11 2 6 -36.4% 0.0% MarketTotals 89 48 2 102 60 2 -12.7% -20.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 12 20 -40.0% 39 95 -58.9% $500,000 - $699,999 15 30 -50.0% 112 158 -29.1% $700,000 - $999,999 29 31 -6.5% 162 196 -17.3% $1,000,000 - $1,499,999 10 10 0.0% 111 127 -12.6% $1,500,000 - $1,999,999 12 7 71.4% 64 68 -5.9% $2,000,000 - $2,499,999 2 2 0.0% 24 20 20.0% $2,500,000 - $2,999,999 1 1 0.0% 15 10 50.0% $3,000,000 - $4,999,999 1 2 -50.0% 8 15 -46.7% $5,000,000 and up 0 0 Not Valid 5 4 25.0% MarketTotals 82 103 -20.4% 540 693 -22.1%
Source : Smart MLS, Single Family Homes
BRIDGEPORT
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 96 125 -23.2% 497 667 -25.5% AVERAGE SALE PRICE $371,000 $307,296 20.7% $342,112 $325,940 5.0% MEDIAN SALE PRICE $373,415 $300,000 24.5% $334,500 $315,000 6.2% AVERAGE PRICE PER SQUARE FOOT $234 $194 20.6% $219 $206 6.3% AVERAGE DAYS ON MARKET 65 60 8.3% 46 40 15.0% % SALE PRICE TO LIST PRICE 98.7% 98.7% 0.0% 101.6% 101.1% 0.5%
Average Sale Price $147,286 $150,644 $169,023 $194,259 $210,111 $248,250 $294,908 $325,940 $342,112 $371,000 Average Sale Price Average Price/SqFt $95 $98 $108 $115 $129 $154 $186 $206 $219 $234 Average Price/SqFt Days On Market 87 77 61 55 68 59 50 40 46 65 Days On Market %Sale Price to List Price 96.7% 97.0% 97.7% 98.3% 98.2% 99.5% 100.7% 101.1% 101.6% 98.7% %Sale Price to List Price
MLS, Single Family Homes
Homes sold
sales
Source : Smart
*
for 2024are annualized based on the actual
year-to-date
BRIDGEPORT
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 3 2 2 11 4 3 -72.7% -50.0% $200,000 - $299,999 17 13 1 22 12 2 -22.7% 8.3% $300,000 - $399,999 24 16 2 45 22 2 -46.7% -27.3% $400,000 - $499,999 16 12 1 15 5 3 6.7% 140.0% $500,000 - $599,999 5 1 5 2 0 Not Valid 150.0% 0.0% $600,000 - $799,999 0 2 0 1 1 1 -100.0% 100.0% $800,000 - $999,999 0 0 Not Valid 1 0 Not Valid -100.0% 0.0% $1,000,000 - $1,999,999 0 1 0 0 1 0 0.0% 0.0% $2,000,000 and up 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 66 47 1 97 45 2 -32.0% 4.4% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 3 10 -70.0% 19 45 -57.8% $200,000 - $299,999 19 50 -62.0% 106 200 -47.0% $300,000 - $399,999 39 52 -25.0% 206 260 -20.8% $400,000 - $499,999 28 10 180.0% 112 78 43.6% $500,000 - $599,999 6 2 200.0% 15 10 50.0% $600,000 - $799,999 0 0 Not Valid 4 10 -60.0% $800,000 - $999,999 0 1 -100.0% 3 3 0.0% $1,000,000 - $1,999,999 1 0 Not Valid 3 2 50.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 96 125 -23.2% 468 608 -23.0%
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
STRATFORD
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 82 93 -11.8% 452 670 -32.5% AVERAGE SALE PRICE $437,680 $383,709 14.1% $421,213 $401,277 5.0% MEDIAN SALE PRICE $427,500 $365,000 17.1% $400,000 $380,000 5.3% AVERAGE PRICE PER SQUARE FOOT $268 $238 12.6% $255 $231 10.4% AVERAGE DAYS ON MARKET 48 48 0.0% 44 36 22.2% % SALE PRICE TO LIST PRICE 102.6% 100.1% 2.5% 102.5% 102.6% -0.1%
Average Sale Price $235,881 $246,255 $247,072 $261,144 $259,437 $322,139 $360,812 $401,277 $421,213 $437,680 Average Sale Price Average Price/SqFt $141 $147 $147 $150 $158 $182 $210 $231 $255 $268 Average Price/SqFt Days On Market 93 85 73 55 68 52 41 36 44 48 Days On Market %Sale Price to List Price 96.0% 96.8% 97.4% 97.6% 98.0% 99.7% 102.0% 102.6% 102.5% 102.6% %Sale Price to List Price
STRATFORD
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 1 0 3 3 1 -100.0% -66.7% $200,000 - $299,999 1 3 1 9 7 1 -88.9% -57.1% $300,000 - $399,999 15 12 1 19 15 1 -21.1% -20.0% $400,000 - $499,999 21 7 3 7 5 1 200.0% 40.0% $500,000 - $599,999 7 4 2 3 2 2 133.3% 100.0% $600,000 - $799,999 4 1 4 5 3 2 -20.0% -66.7% $800,000 - $999,999 2 0 Not Valid 0 0 Not Valid 0.0% 0.0% $1,000,000 - $1,999,999 0 0 Not Valid 1 0 Not Valid -100.0% 0.0% $2,000,000 and up 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% MarketTotals 51 28 2 48 35 1 6.3% -20.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 1 2 -50.0% 5 14 -64.3% $200,000 - $299,999 6 14 -57.1% 40 87 -54.0% $300,000 - $399,999 23 43 -46.5% 151 222 -32.0% $400,000 - $499,999 34 20 70.0% 159 164 -3.0% $500,000 - $599,999 7 11 -36.4% 48 65 -26.2% $600,000 - $799,999 11 3 266.7% 31 36 -13.9% $800,000 - $999,999 0 0 Not Valid 2 4 -50.0% $1,000,000 - $1,999,999 0 0 Not Valid 4 6 -33.3% $2,000,000 and up 0 0 Not Valid 1 0 Not Valid MarketTotals 82 93 -11.8% 441 598 -26.3%
Source : Smart MLS, Single Family Homes
WILTON
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 42 27 55.6% 195 256 -23.8% AVERAGE SALE PRICE $1,093,702 $1,116,437 -2.0% $1,209,083 $1,162,132 4.0% MEDIAN SALE PRICE $915,000 $964,700 -5.2% $1,125,000 $1,041,750 8.0% AVERAGE PRICE PER SQUARE FOOT $364 $324 12.3% $337 $316 6.6% AVERAGE DAYS ON MARKET 82 52 57.7% 38 46 -17.4% % SALE PRICE TO LIST PRICE 103.6% 103.2% 0.4% 105.2% 104.9% 0.3%
Average Sale Price $890,707 $876,157 $825,067 $867,236 $759,135 $887,210 $1,068,607 $1,162,132 $1,209,083 $1,093,702 Average Sale Price Average Price/SqFt $260 $249 $238 $228 $214 $233 $275 $316 $337 $364 Average Price/SqFt Days On Market 117 132 135 102 120 107 63 46 38 82 Days On Market %Sale Price to List Price 96.0% 95.8% 95.4% 94.9% 95.1% 97.8% 101.5% 104.9% 105.2% 103.6% %Sale Price to List Price
WILTON
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 1 0 Not Valid 1 2 1 0.0% -100.0% $500,000 - $699,999 1 3 1 3 5 1 -66.7% -40.0% $700,000 - $999,999 2 2 1 12 6 2 -83.3% -66.7% $1,000,000 - $1,499,999 16 8 2 8 10 1 100.0% -20.0% $1,500,000 - $1,999,999 2 1 2 5 4 1 -60.0% -75.0% $2,000,000 - $2,499,999 3 2 2 5 1 5 -40.0% 100.0% $2,500,000 - $2,999,999 4 1 4 1 0 Not Valid 300.0% 0.0% $3,000,000 - $3,999,999 1 0 Not Valid 0 1 0 0.0% -100.0% $4,000,000 and up 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% MarketTotals 31 17 2 36 29 1 -13.9% -41.4% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 2 0 Not Valid 6 8 -25.0% $500,000 - $699,999 6 2 200.0% 20 24 -16.7% $700,000 - $999,999 16 12 33.3% 67 81 -17.3% $1,000,000 - $1,499,999 10 9 11.1% 67 82 -18.3% $1,500,000 - $1,999,999 4 2 100.0% 29 25 16.0% $2,000,000 - $2,499,999 4 1 300.0% 16 13 23.1% $2,500,000 - $2,999,999 0 1 -100.0% 4 5 -20.0% $3,000,000 - $4,999,999 0 0 Not Valid 1 0 Not Valid $5,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 42 27 55.6% 210 238 -11.8%
Source : Smart MLS, Single Family Homes
WESTON
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 17 21 -19.0% 160 195 -17.9% AVERAGE SALE PRICE $1,114,122 $1,101,766 1.1% $1,326,909 $1,325,461 0.1% MEDIAN SALE PRICE $915,000 $900,000 1.7% $1,257,500 $1,175,000 7.0% AVERAGE PRICE PER SQUARE FOOT $296 $296 0.0% $332 $315 5.4% AVERAGE DAYS ON MARKET 61 78 -21.8% 46 54 -14.8% % SALE PRICE TO LIST PRICE 101.9% 99.7% 2.2% 103.6% 103.8% -0.2%
Average Sale Price $928,829 $905,162 $855,343 $810,806 $794,511 $910,457 $1,197,919 $1,325,461 $1,326,909 $1,114,122 Average Sale Price Average Price/SqFt $238 $227 $224 $216 $201 $218 $289 $315 $332 $296 Average Price/SqFt Days On Market 127 130 130 106 126 117 57 54 46 61 Days On Market %Sale Price to List Price 95.9% 95.6% 95.8% 95.6% 95.4% 97.8% 101.6% 103.8% 103.6% 101.9% %Sale Price to List Price
WESTON
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $699,999 1 0 Not Valid 2 2 1 -50.0% -100.0% $700,000 - $999,999 3 1 3 5 8 1 -40.0% -87.5% $1,000,000 - $1,499,999 7 5 1 7 8 1 0.0% -37.5% $1,500,000 - $1,999,999 7 6 1 5 5 1 40.0% 20.0% $2,000,000 - $2,499,999 5 1 5 2 1 2 150.0% 0.0% $2,500,000 - $2,999,999 3 0 Not Valid 1 0 Not Valid 200.0% 0.0% $3,000,000 - $3,999,999 2 0 Not Valid 2 0 Not Valid 0.0% 0.0% $4,000,000 and up 2 0 Not Valid 2 0 Not Valid 0.0% 0.0% MarketTotals 30 13 2 26 24 1 15.4% -45.8% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 1 2 -50.0% 3 12 -75.0% $500,000 - $699,999 0 4 -100.0% 11 18 -38.9% $700,000 - $999,999 8 6 33.3% 41 41 0.0% $1,000,000 - $1,499,999 4 3 33.3% 51 54 -5.6% $1,500,000 - $1,999,999 3 5 -40.0% 29 33 -12.1% $2,000,000 - $2,499,999 1 1 0.0% 12 13 -7.7% $2,500,000 - $2,999,999 0 0 Not Valid 5 5 0.0% $3,000,000 - $4,999,999 0 0 Not Valid 4 5 -20.0% $5,000,000 and up 0 0 Not Valid 0 1 -100.0% MarketTotals 17 21 -19.0% 156 182 -14.3%
Source : Smart MLS, Single Family Homes
EASTON FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 14 19 -26.3% 92 113 -18.6% AVERAGE SALE PRICE $948,635 $793,447 19.6% $953,666 $923,163 3.3% MEDIAN SALE PRICE $937,500 $740,000 26.7% $872,500 $875,000 -0.3% AVERAGE PRICE PER SQUARE FOOT $264 $294 -10.2% $292 $245 19.2% AVERAGE DAYS ON MARKET 81 53 52.8% 48 59 -18.6% % SALE PRICE TO LIST PRICE 97.1% 98.0% -0.9% 101.0% 102.4% -1.4%
Average Sale Price $611,815 $645,133 $609,615 $602,243 $604,155 $635,204 $783,457 $923,163 $953,666 $948,635 Average Sale Price Average Price/SqFt $189 $189 $184 $168 $163 $189 $227 $245 $292 $264 Average Price/SqFt Days On Market 123 128 107 110 127 89 66 59 48 81 Days On Market %Sale Price to List Price 95.6% 96.6% 94.9% 95.3% 95.7% 98.0% 99.8% 102.4% 101.0% 97.1% %Sale Price to List Price
EASTON
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $699,999 4 1 4 3 0 Not Valid 33.3% 0.0% $700,000 - $999,999 8 2 4 2 3 1 300.0% -33.3% $1,000,000 - $1,499,999 3 7 1 9 3 3 -66.7% 133.3% $1,500,000 - $1,999,999 3 0 Not Valid 1 0 Not Valid 200.0% 0.0% $2,000,000 - $2,499,999 0 0 Not Valid 1 0 Not Valid -100.0% 0.0% $2,500,000 - $2,999,999 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% $3,000,000 - $3,999,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $4,000,000 and up 0 0 Not Valid 1 0 Not Valid -100.0% 0.0% MarketTotals 19 10 2 17 6 3 11.8% 66.7% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 1 0 Not Valid 1 5 -80.0% $500,000 - $699,999 2 8 -75.0% 10 30 -66.7% $700,000 - $999,999 6 9 -33.3% 45 45 0.0% $1,000,000 - $1,499,999 4 1 300.0% 24 29 -17.2% $1,500,000 - $1,999,999 1 1 0.0% 5 2 150.0% $2,000,000 - $2,499,999 0 0 Not Valid 1 0 Not Valid $2,500,000 - $2,999,999 0 0 Not Valid 1 0 Not Valid $3,000,000 - $4,999,999 0 0 Not Valid 0 0 Not Valid $5,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 14 19 -26.3% 87 111 -21.6%
Source : Smart MLS, Single Family Homes
TRUMBULL
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 54 59 -8.5% 318 445 -28.5% AVERAGE SALE PRICE $610,238 $516,647 18.1% $604,961 $584,125 3.6% MEDIAN SALE PRICE $567,500 $500,000 13.5% $571,950 $547,000 4.6% AVERAGE PRICE PER SQUARE FOOT $265 $262 1.1% $264 $243 8.6% AVERAGE DAYS ON MARKET 55 43 27.9% 34 38 -10.5% % SALE PRICE TO LIST PRICE 100.4% 100.6% -0.2% 103.0% 102.6% 0.4%
Average Sale Price $395,498 $380,065 $407,597 $406,054 $406,195 $455,146 $534,140 $584,125 $604,961 $610,238 Average Sale Price Average Price/SqFt $175 $174 $176 $175 $175 $194 $219 $243 $264 $265 Average Price/SqFt Days On Market 92 94 69 57 75 58 42 38 34 55 Days On Market %Sale Price to List Price 96.4% 96.7% 97.6% 97.5% 97.5% 98.9% 101.5% 102.6% 103.0% 100.4% %Sale Price to List Price
TRUMBULL
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $200,000 - $299,999 0 0 Not Valid 1 0 Not Valid -100.0% 0.0% $300,000 - $399,999 1 1 1 6 1 6 -83.3% 0.0% $400,000 - $499,999 11 8 1 5 5 1 120.0% 60.0% $500,000 - $599,999 12 7 2 14 8 2 -14.3% -12.5% $600,000 - $799,999 13 6 2 8 8 1 62.5% -25.0% $800,000 - $999,999 4 1 4 3 1 3 33.3% 0.0% $1,000,000 - $1,999,999 5 2 3 4 0 Not Valid 25.0% 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 46 25 2 41 23 2 12.2% 8.7% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 0 0 Not Valid 0 0 Not Valid $200,000 - $299,999 0 2 -100.0% 0 9 -100.0% $300,000 - $399,999 1 7 -85.7% 21 31 -32.3% $400,000 - $499,999 15 20 -25.0% 58 102 -43.1% $500,000 - $599,999 13 18 -27.8% 80 112 -28.6% $600,000 - $799,999 16 10 60.0% 105 104 1.0% $800,000 - $999,999 8 2 300.0% 38 29 31.0% $1,000,000 - $1,999,999 1 0 Not Valid 11 18 -38.9% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 54 59 -8.5% 313 405 -22.7%
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
SHELTON
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 51 60 -15.0% 290 352 -17.6% AVERAGE SALE PRICE $522,687 $480,508 8.8% $503,513 $499,807 0.7% MEDIAN SALE PRICE $520,000 $459,950 13.1% $475,000 $467,500 1.6% AVERAGE PRICE PER SQUARE FOOT $250 $219 14.2% $240 $226 6.2% AVERAGE DAYS ON MARKET 77 60 28.3% 44 38 15.8% % SALE PRICE TO LIST PRICE 101.0% 101.5% -0.5% 102.2% 102.4% -0.2%
Average Sale Price $307,625 $327,463 $343,088 $346,725 $361,234 $394,104 $445,564 $499,807 $503,513 $522,687 Average Sale Price Average Price/SqFt $145 $148 $157 $156 $162 $172 $205 $226 $240 $250 Average Price/SqFt Days On Market 94 87 73 67 71 58 43 38 44 77 Days On Market %Sale Price to List Price 96.6% 97.0% 97.8% 97.6% 97.7% 99.2% 101.2% 102.4% 102.2% 101.0% %Sale Price to List Price
: Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
Source
SHELTON
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 4 0 Not Valid 1 1 1 300.0% -100.0% $200,000 - $299,999 0 1 0 4 2 2 -100.0% -50.0% $300,000 - $399,999 5 2 3 10 4 3 -50.0% -50.0% $400,000 - $499,999 8 5 2 8 4 2 0.0% 25.0% $500,000 - $599,999 7 1 7 10 3 3 -30.0% -66.7% $600,000 - $799,999 10 6 2 9 7 1 11.1% -14.3% $800,000 - $999,999 6 2 3 4 1 4 50.0% 100.0% $1,000,000 - $1,999,999 1 3 1 0 0 Not Valid 0.0% 0.0% $2,000,000 and up 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 42 20 2 46 22 2 -8.7% -9.1% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 2 2 0.0% 11 9 22.2% $200,000 - $299,999 2 7 -71.4% 14 33 -57.6% $300,000 - $399,999 7 13 -46.2% 48 57 -15.8% $400,000 - $499,999 10 13 -23.1% 68 101 -32.7% $500,000 - $599,999 16 8 100.0% 60 64 -6.3% $600,000 - $799,999 11 15 -26.7% 57 64 -10.9% $800,000 - $999,999 2 2 0.0% 20 22 -9.1% $1,000,000 - $1,999,999 1 0 Not Valid 3 3 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 51 60 -15.0% 281 353 -20.4%
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
RIDGEFIELD
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 32 47 -31.9% 277 366 -24.3% AVERAGE SALE PRICE $1,015,621 $1,091,721 -7.0% $1,183,049 $984,947 20.1% MEDIAN SALE PRICE $958,500 $1,025,000 -6.5% $1,025,000 $870,000 17.8% AVERAGE PRICE PER SQUARE FOOT $371 $317 17.0% $351 $309 13.6% AVERAGE DAYS ON MARKET 91 57 59.6% 45 46 -2.2% % SALE PRICE TO LIST PRICE 103.7% 99.6% 4.1% 101.5% 102.5% -1.0%
Average Sale Price $748,817 $742,340 $738,443 $717,631 $713,699 $811,557 $937,024 $984,947 $1,183,049 $1,015,621 Average Sale Price Average Price/SqFt $228 $225 $228 $222 $223 $239 $278 $309 $351 $371 Average Price/SqFt Days On Market 104 113 101 83 99 99 60 46 45 91 Days On Market %Sale Price to List Price 95.7% 95.5% 95.1% 95.5% 95.5% 97.4% 100.4% 102.5% 101.5% 103.7% %Sale Price to List Price
RIDGEFIELD
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 1 1 1 4 2 2 -75.0% -50.0% $500,000 - $699,999 1 2 1 5 1 5 -80.0% 100.0% $700,000 - $999,999 12 9 1 5 6 1 140.0% 50.0% $1,000,000 - $1,499,999 6 6 1 13 9 1 -53.8% -33.3% $1,500,000 - $1,999,999 8 3 3 8 3 3 0.0% 0.0% $2,000,000 - $2,499,999 5 2 3 4 1 4 25.0% 100.0% $2,500,000 - $2,999,999 0 1 0 1 0 Not Valid -100.0% 0.0% $3,000,000 - $3,999,999 1 0 Not Valid 1 1 1 0.0% -100.0% $4,000,000 and up 1 1 1 2 1 2 -50.0% 0.0% MarketTotals 35 25 1 43 24 2 -18.6% 4.2% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 3 5 -40.0% 8 23 -65.2% $500,000 - $699,999 5 5 0.0% 43 68 -36.8% $700,000 - $999,999 9 13 -30.8% 78 103 -24.3% $1,000,000 - $1,499,999 12 15 -20.0% 95 103 -7.8% $1,500,000 - $1,999,999 1 6 -83.3% 26 31 -16.1% $2,000,000 - $2,499,999 2 1 100.0% 6 5 20.0% $2,500,000 - $2,999,999 0 2 -100.0% 3 6 -50.0% $3,000,000 - $4,999,999 0 0 Not Valid 2 3 -33.3% $5,000,000 and up 0 0 Not Valid 1 0 Not Valid MarketTotals 32 47 -31.9% 262 342 -23.4%
Source : Smart MLS, Single Family Homes
REDDING
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 26 16 62.5% 106 146 -27.4% AVERAGE SALE PRICE $953,469 $783,765 21.7% $988,090 $903,352 9.4% MEDIAN SALE PRICE $797,650 $710,000 12.3% $825,000 $799,950 3.1% AVERAGE PRICE PER SQUARE FOOT $287 $262 9.5% $296 $272 8.8% AVERAGE DAYS ON MARKET 78 56 39.3% 44 55 -20.0% % SALE PRICE TO LIST PRICE 101.7% 99.2% 2.5% 103.6% 100.0% 3.6%
Average Sale Price $555,147 $653,976 $508,769 $591,063 $543,031 $660,972 $746,957 $903,352 $988,090 $953,469 Average Sale Price Average Price/SqFt $188 $191 $186 $181 $180 $204 $251 $272 $296 $287 Average Price/SqFt Days On Market 156 124 117 98 138 107 59 55 44 78 Days On Market %Sale Price to List Price 95.6% 90.4% 93.6% 92.2% 95.8% 98.0% 100.3% 100.0% 103.6% 101.7% %Sale Price to List Price
REDDING
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $699,999 1 3 1 4 2 2 -75.0% 50.0% $700,000 - $999,999 5 1 5 5 6 1 0.0% -83.3% $1,000,000 - $1,499,999 3 0 Not Valid 2 2 1 50.0% -100.0% $1,500,000 - $1,999,999 4 4 1 2 1 2 100.0% 300.0% $2,000,000 - $2,499,999 2 0 Not Valid 0 0 Not Valid 0.0% 0.0% $2,500,000 - $2,999,999 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% $3,000,000 - $3,999,999 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% $4,000,000 and up 2 0 Not Valid 1 0 Not Valid 100.0% 0.0% MarketTotals 20 8 3 15 11 1 33.3% -27.3% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 2 5 -60.0% 7 16 -56.3% $500,000 - $699,999 7 3 133.3% 23 37 -37.8% $700,000 - $999,999 10 4 150.0% 62 42 47.6% $1,000,000 - $1,499,999 5 3 66.7% 14 28 -50.0% $1,500,000 - $1,999,999 0 1 -100.0% 4 7 -42.9% $2,000,000 - $2,499,999 1 0 Not Valid 3 2 50.0% $2,500,000 - $2,999,999 0 0 Not Valid 0 1 -100.0% $3,000,000 - $4,999,999 1 0 Not Valid 2 0 Not Valid $5,000,000 and up 0 0 Not Valid 1 1 0.0% MarketTotals 26 16 62.5% 116 134 -13.4%
Source : Smart MLS, Single Family Homes
MONROE
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 31 17 82.4% 153 208 -26.4% AVERAGE SALE PRICE $599,867 $592,303 1.3% $591,487 $569,536 3.9% MEDIAN SALE PRICE $575,000 $495,000 16.2% $569,000 $531,450 7.1% AVERAGE PRICE PER SQUARE FOOT $244 $222 9.9% $238 $220 8.2% AVERAGE DAYS ON MARKET 67 59 13.6% 45 43 4.7% % SALE PRICE TO LIST PRICE 98.0% 100.7% -2.7% 101.8% 101.7% 0.1%
Average Sale Price $365,319 $368,491 $392,631 $379,501 $388,722 $437,275 $487,380 $569,536 $591,487 $599,867 Average Sale Price Average Price/SqFt $150 $149 $155 $153 $157 $171 $201 $220 $238 $244 Average Price/SqFt Days On Market 101 95 82 62 85 71 43 43 45 67 Days On Market %Sale Price to List Price 96.8% 96.8% 97.9% 97.2% 98.1% 99.0% 101.6% 101.7% 101.8% 98.0% %Sale Price to List Price
MONROE
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $200,000 - $299,999 0 1 0 1 1 1 -100.0% 0.0% $300,000 - $399,999 0 3 0 1 2 1 -100.0% 50.0% $400,000 - $499,999 5 1 5 4 2 2 25.0% -50.0% $500,000 - $599,999 5 3 2 6 4 2 -16.7% -25.0% $600,000 - $799,999 8 4 2 9 3 3 -11.1% 33.3% $800,000 - $999,999 3 2 2 4 4 1 -25.0% -50.0% $1,000,000 - $1,999,999 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 22 14 2 26 16 2 -15.4% -12.5% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 0 0 Not Valid 0 1 -100.0% $200,000 - $299,999 1 0 Not Valid 3 2 50.0% $300,000 - $399,999 2 4 -50.0% 8 27 -70.4% $400,000 - $499,999 8 5 60.0% 36 49 -26.5% $500,000 - $599,999 7 1 600.0% 52 27 92.6% $600,000 - $799,999 8 4 100.0% 47 60 -21.7% $800,000 - $999,999 4 2 100.0% 18 20 -10.0% $1,000,000 - $1,999,999 1 1 0.0% 3 3 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 31 17 82.4% 167 189 -11.6%
Source : Smart MLS, Single Family Homes
DANBURY
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 59 62 -4.8% 306 452 -32.3% AVERAGE SALE PRICE $488,093 $496,110 -1.6% $491,520 $465,435 5.6% MEDIAN SALE PRICE $450,000 $441,500 1.9% $460,000 $425,000 8.2% AVERAGE PRICE PER SQUARE FOOT $257 $226 13.7% $250 $240 4.2% AVERAGE DAYS ON MARKET 68 59 15.3% 42 49 -14.3% % SALE PRICE TO LIST PRICE 100.3% 99.3% 1.0% 102.0% 101.1% 0.9%
Average Sale Price $282,716 $294,230 $322,357 $330,014 $327,984 $371,015 $444,951 $465,435 $491,520 $488,093 Average Sale Price Average Price/SqFt $144 $151 $158 $164 $169 $191 $212 $237 $250 $257 Average Price/SqFt Days On Market 92 101 76 62 71 70 49 49 42 68 Days On Market %Sale Price to List Price 96.5% 96.9% 97.4% 97.6% 98.5% 99.3% 100.9% 101.1% 102.0% 100.3% %Sale Price to List Price
DANBURY
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $200,000 - $299,999 1 5 1 2 2 1 -50.0% 150.0% $300,000 - $399,999 9 0 Not Valid 14 7 2 -35.7% -100.0% $400,000 - $499,999 15 5 3 12 5 2 25.0% 0.0% $500,000 - $599,999 10 5 2 6 5 1 66.7% 0.0% $600,000 - $799,999 8 2 4 5 2 3 60.0% 0.0% $800,000 - $999,999 1 0 Not Valid 2 0 Not Valid -50.0% 0.0% $1,000,000 - $1,999,999 4 0 Not Valid 6 0 Not Valid -33.3% 0.0% $2,000,000 and up 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% MarketTotals 49 17 3 48 21 2 2.1% -19.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 1 3 -66.7% 10 11 -9.1% $200,000 - $299,999 1 4 -75.0% 9 27 -66.7% $300,000 - $399,999 12 11 9.1% 69 94 -26.6% $400,000 - $499,999 28 21 33.3% 106 147 -27.9% $500,000 - $599,999 9 11 -18.2% 55 68 -19.1% $600,000 - $799,999 4 6 -33.3% 34 44 -22.7% $800,000 - $999,999 3 5 -40.0% 12 14 -14.3% $1,000,000 - $1,999,999 1 1 0.0% 8 6 33.3% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 59 62 -4.8% 303 411 -26.3%
Source : Smart MLS, Single Family Homes
BETHEL
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 22 27 -18.5% 135 146 -7.5% AVERAGE SALE PRICE $478,854 $466,914 2.6% $527,621 $505,025 4.5% MEDIAN SALE PRICE $467,450 $458,000 2.1% $485,000 $490,000 -1.0% AVERAGE PRICE PER SQUARE FOOT $277 $248 11.7% $257 $235 9.4% AVERAGE DAYS ON MARKET 78 44 77.3% 43 44 -2.3% % SALE PRICE TO LIST PRICE 100.6% 100.1% 0.5% 102.0% 102.0% 0.0%
Average Sale Price $312,870 $321,640 $338,778 $365,973 $374,343 $411,950 $474,559 $505,025 $527,621 $478,854 Average Sale Price Average Price/SqFt $155 $158 $157 $169 $173 $187 $209 $235 $257 $277 Average Price/SqFt Days On Market 102 113 79 68 84 74 56 44 43 78 Days On Market %Sale Price to List Price 96.9% 97.1% 97.8% 99.9% 99.6% 100.3% 101.4% 102.0% 102.0% 100.6% %Sale Price to List Price
BETHEL
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $200,000 - $299,999 0 2 0 1 2 1 -100.0% 0.0% $300,000 - $399,999 2 2 1 3 3 1 -33.3% -33.3% $400,000 - $499,999 8 3 3 2 2 1 300.0% 50.0% $500,000 - $599,999 7 1 7 4 2 2 75.0% -50.0% $600,000 - $799,999 5 2 3 7 0 Not Valid -28.6% 0.0% $800,000 - $999,999 3 0 Not Valid 2 2 1 50.0% -100.0% $1,000,000 - $1,999,999 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 26 10 3 19 11 2 36.8% -9.1% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 1 0 Not Valid 1 0 Not Valid $200,000 - $299,999 0 3 -100.0% 1 9 -88.9% $300,000 - $399,999 4 5 -20.0% 18 23 -21.7% $400,000 - $499,999 8 11 -27.3% 47 47 0.0% $500,000 - $599,999 5 2 150.0% 29 34 -14.7% $600,000 - $799,999 4 5 -20.0% 22 31 -29.0% $800,000 - $999,999 0 1 -100.0% 11 4 175.0% $1,000,000 - $1,999,999 0 0 Not Valid 1 1 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 22 27 -18.5% 130 149 -12.8%
Source : Smart MLS, Single Family Homes
NEWTOWN
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 47 53 -11.3% 309 346 -10.7% AVERAGE SALE PRICE $671,694 $556,757 20.6% $625,418 $579,718 7.9% MEDIAN SALE PRICE $591,250 $500,000 18.3% $566,000 $550,000 2.9% AVERAGE PRICE PER SQUARE FOOT $252 $228 10.5% $247 $237 4.2% AVERAGE DAYS ON MARKET 59 52 13.5% 47 54 -13.0% % SALE PRICE TO LIST PRICE 99.5% 100.3% -0.8% 101.4% 102.0% -0.6%
Average Sale Price $381,332 $398,696 $397,569 $424,087 $399,444 $442,128 $538,122 $579,718 $625,418 $671,694 Average Sale Price Average Price/SqFt $151 $151 $156 $152 $156 $173 $206 $237 $247 $252 Average Price/SqFt Days On Market 116 125 101 72 91 80 57 54 47 59 Days On Market %Sale Price to List Price 96.1% 96.5% 97.1% 97.0% 97.4% 99.0% 100.9% 102.0% 101.4% 99.5% %Sale Price to List Price
Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
NEWTOWN
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 1 0 2 0 Not Valid -100.0% 0.0% $200,000 - $299,999 1 0 Not Valid 7 2 4 -85.7% -100.0% $300,000 - $399,999 2 0 Not Valid 1 2 1 100.0% -100.0% $400,000 - $499,999 6 3 2 9 4 2 -33.3% -25.0% $500,000 - $599,999 12 3 4 6 3 2 100.0% 0.0% $600,000 - $799,999 14 3 5 14 5 3 0.0% -40.0% $800,000 - $999,999 8 3 3 9 2 5 -11.1% 50.0% $1,000,000 - $1,999,999 13 2 7 12 2 6 8.3% 0.0% $2,000,000 and up 3 0 Not Valid 2 0 Not Valid 50.0% 0.0% MarketTotals 59 15 4 62 20 3 -4.8% -25.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 2 1 100.0% 9 7 28.6% $200,000 - $299,999 1 2 -50.0% 13 14 -7.1% $300,000 - $399,999 6 11 -45.5% 29 46 -37.0% $400,000 - $499,999 8 12 -33.3% 45 62 -27.4% $500,000 - $599,999 7 10 -30.0% 57 67 -14.9% $600,000 - $799,999 13 13 0.0% 86 96 -10.4% $800,000 - $999,999 7 2 250.0% 38 28 35.7% $1,000,000 - $1,999,999 2 1 100.0% 24 11 118.2% $2,000,000 and up 1 1 0.0% 2 2 0.0% MarketTotals 47 53 -11.3% 303 333 -9.0%
Source : Smart MLS, Single Family Homes
NEW FAIRFIELD
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 28 24 16.7% 127 191 -33.5% AVERAGE SALE PRICE $608,363 $472,106 28.9% $603,465 $565,136 6.8% MEDIAN SALE PRICE $445,000 $475,000 -6.3% $513,000 $488,500 5.0% AVERAGE PRICE PER SQUARE FOOT $279 $238 17.2% $283 $250 13.2% AVERAGE DAYS ON MARKET 77 77 0.0% 48 49 -2.0% % SALE PRICE TO LIST PRICE 98.2% 98.5% -0.3% 101.7% 101.0% 0.7%
Average Sale Price $381,696 $389,452 $395,612 $397,306 $410,166 $463,430 $601,804 $565,136 $603,465 $608,363 Average Sale Price Average Price/SqFt $171 $171 $186 $173 $193 $213 $256 $250 $283 $279 Average Price/SqFt Days On Market 121 116 88 75 95 77 57 49 48 77 Days On Market %Sale Price to List Price 94.1% 94.9% 95.6% 96.5% 96.1% 98.8% 99.1% 101.0% 101.7% 98.2% %Sale Price to List Price Source : Smart MLS, Single Family Homes * Homes sold for 2024are annualized based on the actual sales year-to-date
NEW FAIRFIELD
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $199,999 0 1 0 2 3 1 -100.0% -66.7% $200,000 - $299,999 2 1 2 3 1 3 -33.3% 0.0% $300,000 - $399,999 1 2 1 7 2 4 -85.7% 0.0% $400,000 - $499,999 4 0 Not Valid 3 0 Not Valid 33.3% 0.0% $500,000 - $599,999 7 2 4 8 0 Not Valid -12.5% 0.0% $600,000 - $799,999 6 2 3 4 2 2 50.0% 0.0% $800,000 - $999,999 1 1 1 3 0 Not Valid -66.7% 0.0% $1,000,000 - $1,999,999 3 0 Not Valid 0 1 0 0.0% -100.0% $2,000,000 and up 1 0 Not Valid 1 1 1 0.0% -100.0% MarketTotals 25 9 3 31 10 3 -19.4% -10.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $199,999 2 0 Not Valid 6 6 0.0% $200,000 - $299,999 2 2 0.0% 7 15 -53.3% $300,000 - $399,999 6 6 0.0% 17 37 -54.1% $400,000 - $499,999 6 6 0.0% 29 36 -19.4% $500,000 - $599,999 8 5 60.0% 26 30 -13.3% $600,000 - $799,999 3 4 -25.0% 27 40 -32.5% $800,000 - $999,999 0 1 -100.0% 7 10 -30.0% $1,000,000 - $1,999,999 0 0 Not Valid 9 9 0.0% $2,000,000 and up 1 0 Not Valid 3 3 0.0% MarketTotals 28 24 16.7% 131 186 -29.6%
Source : Smart MLS, Single Family Homes
BROOKFIELD
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 29 21 38.1% 148 187 -20.9% AVERAGE SALE PRICE $776,924 $556,876 39.5% $659,564 $656,499 0.5% MEDIAN SALE PRICE $660,000 $429,999 53.5% $545,000 $545,000 0.0% AVERAGE PRICE PER SQUARE FOOT $269 $276 -2.5% $281 $253 11.1% AVERAGE DAYS ON MARKET 72 72 0.0% 47 48 -2.1% % SALE PRICE TO LIST PRICE 101.6% 99.0% 2.6% 100.5% 101.6% -1.1%
Average Sale Price $419,873 $419,535 $454,929 $449,610 $450,312 $484,974 $570,545 $656,499 $659,564 $776,924 Average Sale Price Average Price/SqFt $166 $173 $174 $174 $181 $187 $223 $253 $281 $269 Average Price/SqFt Days On Market 119 108 105 77 86 84 52 48 47 72 Days On Market %Sale Price to List Price 94.6% 95.7% 96.6% 96.0% 96.7% 98.5% 100.4% 101.6% 100.5% 101.6% %Sale Price to List Price
BROOKFIELD
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 3 5 1 9 8 1 -66.7% -37.5% $500,000 - $699,999 3 6 1 6 3 2 -50.0% 100.0% $700,000 - $999,999 5 1 5 4 2 2 25.0% -50.0% $1,000,000 - $1,499,999 3 0 Not Valid 6 0 Not Valid -50.0% 0.0% $1,500,000 - $1,999,999 3 0 Not Valid 1 0 Not Valid 200.0% 0.0% $2,000,000 - $2,499,999 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% $2,500,000 - $2,999,999 4 1 4 3 0 Not Valid 33.3% 0.0% $3,000,000 - $3,999,999 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% $4,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 23 13 2 31 13 2 -25.8% 0.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 5 12 -58.3% 49 62 -21.0% $500,000 - $699,999 10 6 66.7% 57 69 -17.4% $700,000 - $999,999 10 2 400.0% 37 29 27.6% $1,000,000 - $1,499,999 2 0 Not Valid 6 3 100.0% $1,500,000 - $1,999,999 1 0 Not Valid 2 3 -33.3% $2,000,000 - $2,499,999 1 1 0.0% 2 4 -50.0% $2,500,000 - $2,999,999 0 0 Not Valid 2 1 100.0% $3,000,000 - $4,999,999 0 0 Not Valid 1 2 -50.0% $5,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 29 21 38.1% 156 173 -9.8%
Source : Smart MLS, Single Family Homes
SHERMAN
FIRST QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
* Homes sold for 2024are annualized based on the actual sales year-to-date
Q1 2024 Q1 2023 % CHANGE FULL YEAR 2023 FULL YEAR 2022 % CHANGE HOMES SOLD 13 7 85.7% 36 65 -44.6% AVERAGE SALE PRICE $1,206,211 $743,642 62.2% $809,326 $726,458 11.4% MEDIAN SALE PRICE $850,000 $632,000 34.5% $671,250 $655,000 2.5% AVERAGE PRICE PER SQUARE FOOT $358 $252 42.1% $307 $298 3.0% AVERAGE DAYS ON MARKET 71 81 -12.3% 74 78 -5.1% % SALE PRICE TO LIST PRICE 102.2% 99.6% 2.6% 99.4% 96.4% 3.1%
Average Sale Price $525,489 $442,370 $624,944 $507,381 $524,542 $593,816 $697,019 $726,458 $809,326 $1,206,211 Average Sale Price Average Price/SqFt $224 $185 $221 $197 $230 $218 $275 $298 $307 $358 Average Price/SqFt Days On Market 135 106 124 122 155 137 83 78 74 71 Days On Market %Sale Price to List Price 93.8% 95.9% 93.9% 94.0% 92.9% 97.5% 97.7% 96.4% 99.4% 102.2% %Sale Price to List Price
SHERMAN
FIRST QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
AS OF MARCH 31, 2024 AS OF MARCH 31, 2023 2024 vs. 2023 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 3 0 Not Valid 1 0 Not Valid 200.0% 0.0% $500,000 - $699,999 3 1 3 3 1 3 0.0% 0.0% $700,000 - $999,999 4 2 2 6 3 2 -33.3% -33.3% $1,000,000 - $1,499,999 2 0 Not Valid 5 0 Not Valid -60.0% 0.0% $1,500,000 - $1,999,999 5 0 Not Valid 2 0 Not Valid 150.0% 0.0% $2,000,000 - $2,499,999 1 0 Not Valid 0 0 Not Valid 0.0% 0.0% $2,500,000 - $2,999,999 1 1 1 0 0 Not Valid 0.0% 0.0% $3,000,000 - $3,999,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $4,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 19 4 5 17 4 4 11.8% 0.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
YEAR-TO-DATE YEAR-OVER-YEAR PRICE RANGE 01/01/202403/31/2024 01/01/202303/31/2023 % CHANGE 2024/2023 04/01/202303/31/2024 04/01/202203/31/2023 % CHANGE 2024/2023 $0 - $499,999 3 1 200.0% 5 13 -61.5% $500,000 - $699,999 2 3 -33.3% 16 22 -27.3% $700,000 - $999,999 2 2 0.0% 8 18 -55.6% $1,000,000 - $1,499,999 2 1 100.0% 6 6 0.0% $1,500,000 - $1,999,999 2 0 Not Valid 4 2 100.0% $2,000,000 - $2,499,999 0 0 Not Valid 1 1 0.0% $2,500,000 - $2,999,999 1 0 Not Valid 1 0 Not Valid $3,000,000 - $4,999,999 1 0 Not Valid 1 0 Not Valid $5,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 13 7 85.7% 42 62 -32.3%
Source : Smart MLS, Single Family Homes
