Weston Real Estate Market Update June 2011 – Published in the Weston Forum
Why Home Sales Should Rise This Year The first quarter ended with decent home sales activity, but the rest of the year should be even better. Here’s why. The first quarter ended with decent home sales activity, with existing homes selling at an annualized pace of 5.1 million. The remainder of the year should be better still for the following reasons: • Rising stock market wealth • Rising apartment rents • Mortgage rates remain low •... [Read More...]
Weston Real Estate Market Update through June 2011
June Property sales were 11, down 21.4% from 14 in June of 2010 and the same as the 11 sales last month. June 2011 sales were at a mid level compared to June of 2010 and 2009. June YTD sales of 53 are running 13.1% behind last year’s year-to-date sales of 61 The Median Sales Price in June was $637,500, down 26.8% from $871,250 in June of 2010 and down 15.0% from $750,000 last month. The Average Sales Price in June was $781,350, down 15.4% from... [Read More...]
Weston Real Estate Market Update May 2011
Talk of Home Price Declines Exaggerated for Fairfield County? If you can get the financing, housing is now cheap – Really Cheap. Capital Economics reckons housing is now 24% undervalued, and is the cheapest it’s been in thirty-five years. With mortgage rates on the floor and charts indicating we are in the lowest interest rate ranges dating back to 1975, and inflation surely brewing down the road, housing in many parts of the country (and... [Read More...]
Weston Real Estate Market Update through May 2011
May Property sales were 10, up 42.9% from 7 in May of 2010 and 25.0% higher than the 8 sales last month. May 2011 sales were at their highest level compared to May of 2010 and 2009. May YTD sales of 41 are running 12.8% behind last year’s year-to-date sales of 47. The Median Sales Price in May was $775,000, up 19.4% from $649,000 in May of 2010 and up 3.3% from $750,000 last month. The Average Sales Price in May was $875,650, up 22.4% from $715,429... [Read More...]
Weston Real Estate Market Update through April 2011
April Property sales were 8, down 42.9% from 14 in April of 2010 and 27.3% lower than the 11 sales last month. April 2011 sales were at a mid level compared to April of 2010 and 2009. April YTD sales of 31 are running 22.5% behind last year’s year-to-date sales of 40. The Median Sales Price in April was $750,000, down 11.1% from $843,500 in April of 2010 and up 22.5% from $612,000 last month. The Average Sales Price in April was $891,813, up... [Read More...]
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Weston Real Estate Market Update through March 2011
March Property sales were 11, equal to 11 in March of 2010 and 83.3% higher than the 6 sales last month. March 2011 sales were at their highest level compared to March of 2010 and 2009. March YTD sales of 23 are running 11.5% behind last year’s year-to-date sales of 26. The Median Sales Price in March was $612,000, down 2.8% from $629,500 in March of 2010 and down 23.0% from $795,000 last month. The Average Sales Price in March was $727,545,... [Read More...]
$786,000 – It’s a Pleasant Surprise! in Weston, CT.
Located at a quiet bend in the road in quaint Georgetown, you’ll be surprised at the wonderful peace of mind you’ll feel when you live and move about in this energy efficient design. It has a traditional colonial curb appeal as you drive up, and the back of the property is an inviting wooded wonderland. [Read More...] Read More →
Weston Real Estate Market Update March 2011
Let’s state it simply and forcibly: Weston is on the map and coming back! Here are some of the positive indicators: · The March 2011 Days On Market was at its lowest level compared with March of 2010 and 2009. The DOM for March was 122, up 11.9% from 109 days last month, but down 20.8% from 154 days in March of last year. · The March 2011 Selling Price vs. Original List Price of 98.3% was up from 93.2% last month and up from 94.6% in March of... [Read More...]
$650,000 – One of Weston’s Premier Locations on the Saugatuck River
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$1,199,000 – Premier Land on the Saugatuck River in Weston, CT.
Architectural plans available; one of Weston’s most premier lots on the Saugatuck River [Read More...] Read More →
$899,000 – “BREATHTAKING VIEWS!” in Weston, CT.
Dramatic drop dead country wide views in the this Country French home waiting for your custom renovation and updates on 4.5 acres. [Read More...] Read More →
$895,000 – “A River Runs Through It” in Weston, CT.
Escape to your own private world with mesmerizing views of the Saugatuck River where a water fall plays its comforting tumble to set you at ease. Sited on one of the most coveted areas in Weston near Crystal Lake, [Read More...] Read More →
Weston Real Estate Market Update through February 2011
February Property sales were 6, down 25.0% from 8 in February of 2010 and the same as the 6 sales last month. February 2011 sales were at a mid level compared to February of 2010 and 2009. February YTD sales of 12 are running 20.0% behind last year’s year-to-date sales of 15. The Median Sales Price in February was $795,000 down 4.9% from $836,250 in February of 2010 and up 0.2% from $793,500 last month. The Average Sales Price in February was... [Read More...]
Weston Real Estate Market Update February 2011
The Big Thaw Realtors typically set their clocks to the spring selling season in Fairfield County- right after Super Bowl Sunday. And the bell did ring with buyers calling to discuss their needs, and sellers ready to list. However, a monkey wrench was thrown into getting homes ready for sale and listed on the MLS due to the damage control from a series of snow storms and one nasty ice storm that threatened to compromise even the best conditioned... [Read More...]
Weston Real Estate Market Update through January 2011
January Property sales were 5, down 28.6% from 7 in January of 2010 and 58.3% lower than the 12 sales last month. January 2011 sales were at their lowest level compared to January of 2010 and 2009. January YTD sales of 5 are running 28.6% behind last year’s year-to-date sales of 7. The Median Sales Price in January was $840,000, up 5.7% from $794,525 in January of 2010 and down 30.7% from $1,212,500 last month. The Average Sales Price in January... [Read More...]
Weston Real Estate Market Update January 2011
What is the drumbeat in Weston, besides snow and only 10 full school days in January? Weston’s housing community is announcing loud and clear that in 2011…there is never a better time to buy a home! Over the last three months, properties that have sold in Weston are running at a rate 25-30% higher than a year ago. And, even with prices leveling, the inventory of homes for sale has decreased by 23% from this time last year and 65% from 2008... [Read More...]
Weston Real Estate Market Update through December 2010
December Property sales were 12, up 33.3% from 9 in December of 2009 and 20.0% higher than the 10 sales last month. December 2010 sales were at their highest level compared to December of 2009 and 2008. December YTD sales of 121 are running 31.5% ahead of last year’s year-to-date sales of 92. The Median Sales Price in December was $1,212,500, up 41.0% from $860,000 in December of 2009 and up 71.5% from $707,000 last month. The Average Sales... [Read More...]
Weston Real Estate Market Update December 2010
Does location make a difference? Those of us who know and love Weston know it does. And it’s starting to show again in home prices. Over the last two months, properties that have sold in Weston are running 30% higher than a year ago. And even with prices firming, the inventory of homes for sale has decreased by 17% from this time last year: There are 87 properties on the market, 3 with accepted offers, and 20 more under contract. And the spread... [Read More...]
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