Wilton Home Sales and Real Estate Update - February 2008

Wilton Real Estate and Home Sales Update

February 2008

Wilton Home Sales continue to struggle. This year is starting off slower in unit sales than the prior two years. Keep in mind that the last two years were not great performances by any measure. The sliver of hope is that prices seem to be showing some strength. Again we are left waiting for the Fed Reserve to make it decision on interest rates and the next 2-3 months to see which way the trend moves --- up or back down....

The lowest priced home so far was 32 West Church - a 3 Bedroom Colonial with 1,744 SF on .4 Acres built in 1860. It sold for $365,000. The highest priced home was 378 Nod Hill - a 5 Bedroom Colonial on 4.21 Acres built in 1999. It sold for $2,940,000.

WILTON Update
Year to Date Sales of Single Family Homes
As of February 29


	2008	2007	08 vs 07	2006	08 vs 06
Closes	21	26	-19%	24	-13%
Median Price	$945,000	$881,000	7%	$904,000	5%
Avg Selling Price	$1,091,500	$1,104,603	-1%	$1,129,396	-3%



Prepared by the TETREAU Real Estate Group from W. Raveis Real Estate

Posted Saturday Mar 15

Mike Tetreau - Sales Vice President ABR, CRS, GRI
William Raveis Real Estate - Fairfield, CT

Mike Tetreau - Sales Vice President ABR, CRS, GRI : Real Estate Agent in Fairfield, CT

Office: (203) 255-6841

Mobile: (203) 520-8318
Secondary: (203) 659-0622

Our Business is helping friends and clients every day.....give us a call, we are glad to help! We serve Fairfield, Southport, Westport, Easton, Weston, Wilton and Trumbull.