Wilton CT Real Estate - Janaury 2008 Update

Wilton Real Estate and Home Values - January 2008 Update

The Wilton Real Estate market continues its trend of slow starts to the year. 2006 and 2007 were definitely "off" years for the local housing market. This year seems to be following that trend with only 10 sales in January.

While it is still too soon to project how the year will finish, the next two months become crucial. Wilton has been suffering from a lack of unit sales - or a lack of buyers in the market. This makes real estate investments less liquid and puts downward pressure on prices.

The top sale so far this year is $2,940,000 spent on 378 Nod Hill Road for a 7,000SF home on 4+ acres.

For more information on all the homes for sale in Wilton and the rest of Fairfield County, please visit my web site at http://www.tetreau.com/

WILTON Update
Year to Date Sales of Single Family Homes
As of January 31


	2008	2007	08 vs 07	2006	08 vs 06
Closes	10	10	0%	11	-9%
Median Price	$1,003,000	$1,010,000	-1%	$1,025,000	-2%
Avg Selling Price	$1,165,200	$1,067,350	9%	$1,274,773	-9%



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

Posted Thursday Feb 14

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.