October-Prices Holding Steady/Late autumn activity
Yearly sales figures are still behind 2013 levels though. Westport is nearly 15% behind last year's levels, followed by Weston which is a little over 10% behind 2013 levels, Wilton -5.8%, Fairfield -5.7%.
Though volume has decreased, median home prices have increased at a rate slightly above the cost of living in Westport & Weston, with median prices of $1,325,000 and $807,000 respectively. Wilton and Fairfield have seen almost no movement, with median prices of $800,000 and $573,000.
Going outside the Mid-Fairfield towns that I usually discuss, there has been something interesting happening in Easton. There have been 105 homes that have gone to contract in this small rural-feeling town, which represents a 40% increase over last year. The median sales price in Easton progressed by 6.4% with a median sales price year to date of $592,000. Easton had at one point been a part of Fairfield.