W E S T P O RT SO U T H P O RT & FA I R F I E L D
Market Report
Q2-2022
WESTPORT
QUARTERLY MARKET OVERVIEW
HOMES SOLD
Q2 2022
Q2 2021
% CHANGE
YTD 2022
YTD 2021
% CHANGE
144
152
-5.3%
231
267
-13.5%
AVERAGE SALE PRICE
$2,489,443 $1,854,967
34.2%
$2,410,839 $1,849,104
30.4%
MEDIAN SALE PRICE
$2,050,000 $1,562,500
31.2%
$2,075,000 $1,575,000
31.7%
AVERAGE PRICE PER SQUARE FOOT
$588
$480
22.5%
$559
$451
23.9%
AVERAGE DAYS ON MARKET
49
57
-14.0%
56
64
-12.5%
% SALE PRICE TO LIST PRICE
105.1%
101.2%
3.9%
103.7%
100.2%
3.5%
TEN-YEAR MARKET HISTORY
Average Sale Price
$1,533,045 $1,545,200
$1,647,416
$1,527,152
$1,532,674 $1,457,544
$1,361,657
$1,595,659 $1,832,804 $2,410,839 Average Sale Price
Average Price/SqFt
$373
$385
$403
$376
$364
$355
$345
$375
$456
$559
Days On Market
107
111
113
120
119
98
120
102
57
56
%Sale Price to List Price
94.3
96.0
94.5
94.9
95.4
95.6
93.9
97.1
100.5
103.7
* Homes sold for 2022 are annualized based on actual sales year-to-date. HOULIHANLAWRENCE.COM
Average Price/SqFt Days On Market %Sale Price to List Price
WESTPORT SUPPLY/DEMAND ANALYSIS AS OF JUNE 30, 2022 PRICE RANGE
SUPPLY: ACTIVE LISTINGS
AS OF JUNE 30, 2021
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
vs. 2021
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$0 - $499,999
0
0
Not Valid
3
0
Not Valid
-100.0%
0.0%
$500,000 - $699,999
7
2
4
6
2
3
16.7%
0.0%
$700,000 - $999,999
13
5
3
33
13
3
-60.6%
-61.5%
$1,000,000 - $1,499,999
13
13
1
27
26
1
-51.9%
-50.0%
$1,500,000 - $1,999,999
18
16
1
27
26
1
-33.3%
-38.5%
$2,000,000 - $2,499,999
17
10
2
20
17
1
-15.0%
-41.2%
$2,500,000 - $2,999,999
14
12
1
19
9
2
-26.3%
33.3%
$3,000,000 - $3,999,999
17
19
1
32
15
2
-46.9%
26.7%
$4,000,000 and up
24
12
2
34
7
5
-29.4%
71.4%
Market Totals
123
89
1
201
115
2
-38.8%
-22.6%
*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
SOLD PROPERTIES YEAR-TO-DATE
PRICE RANGE $0 - $499,999
01/01/2022 06/30/2022
YEAR-OVER-YEAR
01/01/2021 06/30/2021
1
% CHANGE 2022/2021
5
-80.0%
07/01/2021 06/30/2022 4
07/01/2020 06/30/2021
% CHANGE 2022/2021
16
-75.0%
$500,000 - $699,999
5
9
-44.4%
17
40
-57.5%
$700,000 - $999,999
22
42
-47.6%
77
122
-36.9%
$1,000,000 - $1,499,999
40
71
-43.7%
99
191
-48.2%
$1,500,000 - $1,999,999
38
45
-15.6%
96
133
-27.8%
$2,000,000 - $2,499,999
38
43
-11.6%
83
87
-4.6%
$2,500,000 - $2,999,999
30
19
57.9%
56
45
24.4%
$3,000,000 - $4,999,999
44
27
63.0%
72
59
22.0%
$5,000,000 and up
Market Totals
13
6
116.7%
18
14
28.6%
231
267
-13.5%
522
707
-26.2%
Source: Smart MLS, Westport, Single Family Homes, Sold
SOUTHPORT
QUARTERLY MARKET OVERVIEW
HOMES SOLD
Q2 2022
Q2 2021
% CHANGE
YTD 2022
YTD 2021
% CHANGE
19
24
-20.8%
35
43
-18.6%
AVERAGE SALE PRICE
$1,995,784 $1,335,700
49.4%
$1,677,937 $1,369,320
22.5%
MEDIAN SALE PRICE
$1,502,400 $1,179,000
27.4%
$1,315,000 $1,230,000
6.9%
AVERAGE PRICE PER SQUARE FOOT
$568
$407
39.6%
$493
$399
23.6%
AVERAGE DAYS ON MARKET
29
59
-50.8%
46
80
-42.5%
% SALE PRICE TO LIST PRICE
103.0%
99.2%
3.8%
101.4%
97.6%
3.9%
TEN-YEAR MARKET HISTORY
Average Sale Price
$1,468,262 $1,095,475
$1,152,340
$919,602
$1,219,656 $1,195,440
$933,855
$1,581,913
$1,537,753
$1,677,937 Average Sale Price
Average Price/SqFt
$345
$330
$338
$305
$359
$323
$276
$380
$425
$493
Average Price/SqFt
Days On Market
120
101
134
117
99
92
83
120
69
46
Days On Market
%Sale Price to List Price
93.9
94.9
95.7
94.0
95.5
93.8
95.8
95.4
97.6
101.4
* Homes sold for 2022 are annualized based on actual sales year-to-date. HOULIHANLAWRENCE.COM
%Sale Price to List Price
SOUTHPORT SUPPLY/DEMAND ANALYSIS AS OF JUNE 30, 2022 PRICE RANGE
SUPPLY: ACTIVE LISTINGS
AS OF JUNE 30, 2021
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
vs. 2021
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$0 - $499,999
0
0
Not Valid
0
0
Not Valid
0.0%
0.0%
$500,000 - $699,999
3
0
Not Valid
3
0
Not Valid
0.0%
0.0%
$700,000 - $999,999
5
1
5
4
1
4
25.0%
0.0%
$1,000,000 - $1,499,999
3
4
1
3
5
1
0.0%
-20.0%
$1,500,000 - $1,999,999
3
1
3
1
3
1
200.0%
-66.7%
$2,000,000 - $2,499,999
0
2
0
1
0
Not Valid
-100.0%
0.0%
$2,500,000 - $2,999,999
3
0
Not Valid
2
1
2
50.0%
-100.0%
$3,000,000 - $3,999,999
1
1
1
1
1
1
0.0%
0.0%
4
0
Not Valid
3
0
Not Valid
33.3%
0.0%
22
9
2
18
11
2
22.2%
-18.2%
$4,000,000 and up
Market Totals
*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
SOLD PROPERTIES YEAR-TO-DATE
PRICE RANGE
01/01/2022 06/30/2022
YEAR-OVER-YEAR
01/01/2021 06/30/2021
% CHANGE 2022/2021
07/01/2021 06/30/2022
07/01/2020 06/30/2021
% CHANGE 2022/2021
$0 - $499,999
2
3
-33.3%
3
7
-57.1%
$500,000 - $699,999
4
5
-20.0%
7
16
-56.3%
$700,000 - $999,999
5
9
-44.4%
12
23
-47.8%
$1,000,000 - $1,499,999
10
13
-23.1%
24
36
-33.3%
$1,500,000 - $1,999,999
6
2
200.0%
11
10
10.0%
$2,000,000 - $2,499,999
3
6
-50.0%
3
14
-78.6%
$2,500,000 - $2,999,999
2
4
-50.0%
4
9
-55.6%
$3,000,000 - $4,999,999
2
1
100.0%
5
4
25.0%
$5,000,000 and up
1
0
Not Valid
2
1
100.0%
Market Totals
35
43
-18.6%
71
120
-40.8%
Source: Smart MLS, Southport, Town of Fairfield (zip code 06890), Single Family Homes, Sold
FAIRFIELD
QUARTERLY MARKET OVERVIEW
HOMES SOLD
Q2 2022
Q2 2021
% CHANGE
YTD 2022
YTD 2021
% CHANGE
130
150
-13.3%
211
276
-23.6%
AVERAGE SALE PRICE
$1,257,780 $1,106,086
13.7%
$1,178,818 $1,054,594
11.8%
MEDIAN SALE PRICE
$930,000 $850,000
9.4%
$901,000
$832,500
8.2%
AVERAGE PRICE PER SQUARE FOOT
$451
$358
26.0%
$417
$347
20.2%
AVERAGE DAYS ON MARKET
37
55
-32.7%
45
63
-28.6%
% SALE PRICE TO LIST PRICE
103.5%
100.5%
3.0%
102.9%
99.5%
3.4%
TEN-YEAR MARKET HISTORY
Average Sale Price
$798,087
$780,004
$816,093
$804,907
$797,288
$868,870
$812,545
$913,866
$1,070,375
Average Price/SqFt
$297
$295
$300
$303
$289
$300
$294
$305
$362
$417
Days On Market
99
101
101
109
89
83
97
88
55
45
%Sale Price to List Price
95.8
95.7
95.8
95.9
96.2
95.9
95.1
97.3
99.7
102.9
* Homes sold for 2022 are annualized based on actual sales year-to-date. HOULIHANLAWRENCE.COM
$1,178,818 Average Sale Price Average Price/SqFt Days On Market %Sale Price to List Price
FAIRFIELD SUPPLY/DEMAND ANALYSIS AS OF JUNE 30, 2022 PRICE RANGE
SUPPLY: ACTIVE LISTINGS
AS OF JUNE 30, 2021
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
vs. 2021
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$0 - $499,999
10
9
1
14
9
2
-28.6%
0.0%
$500,000 - $699,999
24
13
2
24
13
2
0.0%
0.0%
$700,000 - $999,999
33
16
2
28
20
1
17.9%
-20.0%
$1,000,000 - $1,499,999
23
14
2
20
21
1
15.0%
-33.3%
$1,500,000 - $1,999,999
13
6
2
12
7
2
8.3%
-14.3%
$2,000,000 - $2,499,999
7
4
2
6
7
1
16.7%
-42.9%
$2,500,000 - $2,999,999
3
0
Not Valid
8
2
4
-62.5%
-100.0%
$3,000,000 - $3,999,999
5
2
3
7
1
7
-28.6%
100.0%
6
0
Not Valid
8
1
8
-25.0%
-100.0%
124
64
2
127
81
2
-2.4%
-21.0%
$4,000,000 and up
Market Totals
*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
SOLD PROPERTIES YEAR-TO-DATE
PRICE RANGE
01/01/2022 06/30/2022
YEAR-OVER-YEAR
01/01/2021 06/30/2021
% CHANGE 2022/2021
07/01/2021 06/30/2022
07/01/2020 06/30/2021
% CHANGE 2022/2021
$0 - $499,999
19
36
-47.2%
61
99
-38.4%
$500,000 - $699,999
48
62
-22.6%
102
164
-37.8%
$700,000 - $999,999
58
79
-26.6%
121
221
-45.2%
$1,000,000 - $1,499,999
34
50
-32.0%
92
112
-17.9%
$1,500,000 - $1,999,999
34
24
41.7%
63
57
10.5%
$2,000,000 - $2,499,999
4
11
-63.6%
16
26
-38.5%
$2,500,000 - $2,999,999
4
6
-33.3%
10
13
-23.1%
$3,000,000 - $4,999,999
8
8
0.0%
12
15
-20.0%
$5,000,000 and up
2
0
Not Valid
4
1
300.0%
211
276
-23.6%
481
708
-32.1%
Market Totals
Source: Smart MLS, Town of Fairfield (zip code 06824), Single Family Homes, Sold
TIME
EMPOWERS US
#
1
R E A L E S TAT E B R O K E R A G E
N O R T H O F N YC
H O U L I H A N L AW R E N C E SC A N TO D I S COV E R W H Y W E ’ R E T H E A R E A’ S H O M E F O R R E A L E S TAT E T I M E E M P O W E R S U S .C O M Source: OKMLS, MHMLS, SmartMLS, GMLS, 1/1/2021-12/31/2021, Westchester, Putnam, Dutchess Counties NY, Greater Greenwich, Darien, New Canaan, total dollar volume sold/rented combined.
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