Wilton Real Estate and Home Sales Update
March 31, 2008
The sales of homes in Wilton continues to drop. Closed Units are off 33% from the first three months of 2007. This slide has been developing for several years now. The number of homes sold is off 42% from 2006.
While the Median Price of a Home has been amazingly stable, the Average Selling Price is down due to fewer high end sales.
WILTON Update | |||||
Year to Date Sales of Single Family Homes | |||||
As of March 30 | |||||
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| 2008 | 2007 | 08 vs 07 | 2006 | 08 vs 06 |
Closes | 26 | 39 | -33% | 45 | -42% |
Median Price | $900,000 | $891,000 | 1% | $907,500 | -1% |
Avg Selling Price | $1,067,231 | $1,175,004 | -9% | $1,201,822 | -11% |
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Prepared by the TETREAU Real Estate Group from W. Raveis Real Estate | |||||
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