Houlihan Lawrence Q4-2023 Fairfield County Market Report

Page 1

FA I R F I E L D CO U N T Y

Market Report

FULL YEAR 2023


FULL YEAR 2023 MARKET REPORT

EXECUTIVE SUMMARY Opportunities and challenges marked the fourth quarter real estate landscape in Fairfield County. Notably, the market saw a continued decline in home sales due to persistent low inventory levels over the past few years. Despite this decline, median prices increased across many markets, offering sellers favorable returns. Amidst the inventory scarcity, we continue to benefit from the diverse offerings of recreation, cultural amenities, and vibrant communities our region has to offer. Most areas have sustained heightened demand across all price points, further fueling the competitive buyer environment. However, a small sign of change has emerged with a slight uptick in inventory observed in select luxury markets, though this remains an exception rather than the norm. The recent statements from the Federal Reserve indicating a potential reduction in interest rates in mid-2024 may serve as a catalyst, prompting more buyers and sellers to enter the market and start to alleviate the inventory shortage. As we close the year, we thank our clients for their trust and business. We wish everyone a healthy and happy new year. With Warm Regards, Liz Nunan President and CEO


TABLE OF CONTENTS FOURTH QUARTER 2023

FAIRFIELD COUNTY Single Family Homes Overview GREENWICH

STAMFORD

DARIEN

NEW CANAAN

NORWALK

WESTPORT

FAIRFIELD

BRIDGEPORT

STRATFORD

WILTON

WESTON

EASTON

TRUMBULL

SHELTON

RIDGEFIELD

REDDING

MONROE

DANBURY

BETHEL

NEWTOWN

NEW FAIRFIELD

BROOKFIELD

SHERMAN


GREENWICH FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

108

101

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE 6.9%

525

637

-17.6%

AVERAGE SALE PRICE

$3,159,802 $2,742,715

15.2%

$3,544,907

$3,050,065

16.2%

MEDIAN SALE PRICE

$2,200,000 $2,375,000

-7.4%

$2,500,000

$2,450,000

2.0%

AVERAGE PRICE PER SQUARE FOOT

$771

$704

9.5%

$759

$696

9.1%

AVERAGE DAYS ON MARKET

73

59

23.7%

85

76

11.8%

% SALE PRICE TO LIST PRICE

99.0%

99.2%

-0.2%

98.0%

99.7%

-1.7%

TEN-YEAR MARKET HISTORY

Average Sale Price

$2,688,907 $2,421,486 $2,203,756 $2,574,993 $2,393,006 $2,376,330 $2,667,708 $3,005,642 $3,050,065 $3,544,907 Average Sale Price

Average Price/SqFt

$611

$592

$564

$578

$563

$545

$557

$635

$696

$759

Average Price/SqFt

Days On Market

156

161

157

184

179

200

171

110

76

85

Days On Market

%Sale Price to List Price

93.7%

94.4%

94.1%

92.5%

93.7%

92.4%

94.4%

97.4%

99.7%

98.0%

Source : Greenwich MLS, Residential / Single Family Homes

%Sale Price to List Price


GREENWICH FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $999,999

4

2

2

9

6

2

-55.6%

-66.7%

$1,000,000 - $1,999,999

9

11

1

22

11

2

-59.1%

0.0%

$2,000,000 - $2,999,999

19

11

2

17

11

2

11.8%

0.0%

$3,000,000 - $3,999,999

8

9

1

20

8

3

-60.0%

12.5%

$4,000,000 - $4,999,999

10

6

2

22

6

4

-54.5%

0.0%

PRICE RANGE

$5,000,000 - $5,999,999

7

3

2

15

3

5

-53.3%

0.0%

$6,000,000 - $7,999,999

9

6

2

11

8

1

-18.2%

-25.0%

$8,000,000 - $9,999,999

7

2

4

5

3

2

40.0%

-33.3%

$10,000,000 and up

18

3

6

22

1

22

-18.2%

200.0%

Market Totals

91

53

2

143

57

3

-36.4%

-7.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $999,999

54

62

-12.9%

54

62

-12.9%

$1,000,000 - $1,999,999

140

183

-23.5%

140

183

-23.5%

$2,000,000 - $2,999,999

120

149

-19.5%

120

149

-19.5%

$3,000,000 - $3,999,999

57

81

-29.6%

57

81

-29.6%

$4,000,000 - $4,999,999

59

63

-6.3%

59

63

-6.3%

$5,000,000 - $5,999,999

38

42

-9.5%

38

42

-9.5%

$6,000,000 - $7,999,999

27

35

-22.9%

27

35

-22.9%

$8,000,000 - $9,999,999

17

13

30.8%

17

13

30.8%

$10,000,000 and up

13

9

44.4%

13

9

44.4%

Market Totals

525

637

-17.6%

525

637

-17.6%

Source : Greenwich MLS, Residential / Single Family Homes


STAMFORD FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

139

168

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -17.3%

541

777

-30.4%

AVERAGE SALE PRICE

$997,188 $872,424

14.3%

$931,644

$878,225

6.1%

MEDIAN SALE PRICE

$810,000 $747,000

8.4%

$810,000

$751,500

7.8%

AVERAGE PRICE PER SQUARE FOOT

$335

$301

11.3%

$330

$307

7.5%

AVERAGE DAYS ON MARKET

45

47

-4.3%

43

46

-6.5%

% SALE PRICE TO LIST PRICE

100.8%

99.7%

1.1%

102.6%

101.9%

0.7%

TEN-YEAR MARKET HISTORY

Average Sale Price

$689,609

$660,162

$636,893

$652,048

$648,437

$640,382

$721,185

$832,913

$878,225

Average Price/SqFt

$222

$239

$230

$234

$230

$235

$248

$288

$307

$330

Average Price/SqFt

Days On Market

100

101

106

91

71

89

84

60

46

43

Days On Market

%Sale Price to List Price

96.0%

96.3%

96.1%

96.3%

96.7%

96.7%

97.9%

100.3%

101.9%

102.6%

Source : Smart MLS, Single Family Homes

$931,644 Average Sale Price

%Sale Price to List Price


STAMFORD FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

3

5

1

8

4

2

-62.5%

25.0%

$500,000 - $699,999

22

10

2

24

14

2

-8.3%

-28.6%

$700,000 - $999,999

9

10

1

23

10

2

-60.9%

0.0%

$1,000,000 - $1,499,999

9

9

1

18

13

1

-50.0%

-30.8%

$1,500,000 - $1,999,999

14

4

4

6

4

2

133.3%

0.0%

$2,000,000 - $2,499,999

3

1

3

4

1

4

-25.0%

0.0%

$2,500,000 - $2,999,999

3

1

3

2

1

2

50.0%

0.0%

$3,000,000 - $3,999,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

PRICE RANGE

$4,000,000 and up

3

0

Not Valid

2

0

Not Valid

50.0%

0.0%

Market Totals

66

40

2

87

47

2

-24.1%

-14.9%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

31

56

-44.6%

31

56

-44.6%

$500,000 - $699,999

156

268

-41.8%

156

268

-41.8%

$700,000 - $999,999

195

274

-28.8%

195

274

-28.8%

$1,000,000 - $1,499,999

108

125

-13.6%

108

125

-13.6%

$1,500,000 - $1,999,999

31

35

-11.4%

31

35

-11.4%

$2,000,000 - $2,499,999

17

11

54.5%

17

11

54.5%

$2,500,000 - $2,999,999

0

1

-100.0%

0

1

-100.0%

$3,000,000 - $4,999,999

2

6

-66.7%

2

6

-66.7%

$5,000,000 and up

1

1

0.0%

1

1

0.0%

Market Totals

541

777

-30.4%

541

777

-30.4%

Source : Smart MLS, Single Family Homes


DARIEN FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

56

59

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -5.1%

239

284

-15.8%

AVERAGE SALE PRICE

$2,266,062 $2,217,246

2.2%

$2,443,235

$2,020,720

20.9%

MEDIAN SALE PRICE

$2,075,000 $1,800,929

15.2%

$1,925,000

$1,690,560

13.9%

AVERAGE PRICE PER SQUARE FOOT

$648

$582

11.3%

$638

$567

12.5%

AVERAGE DAYS ON MARKET

47

59

-20.3%

37

41

-9.8%

% SALE PRICE TO LIST PRICE

102.1%

100.6%

1.5%

99.4%

102.7%

-3.2%

TEN-YEAR MARKET HISTORY

Average Sale Price

$1,619,781

$1,705,978

$1,673,646

Average Price/SqFt

$474

$504

$490

$476

Days On Market

109

105

110

%Sale Price to List Price

96.9%

95.6%

96.0%

Source : Smart MLS, Single Family Homes

$1,676,743 $1,603,743

$1,534,435

$1,655,525

$1,929,797 $2,020,720 $2,443,235 Average Sale Price

$458

$429

$446

$505

$567

$638

Average Price/SqFt

126

122

147

124

70

41

37

Days On Market

95.5%

94.7%

94.0%

96.3%

99.4%

102.7%

99.4%

%Sale Price to List Price


DARIEN FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

0

0

Not Valid

0

1

0

0.0%

-100.0%

$500,000 - $699,999

0

1

0

1

1

1

-100.0%

0.0%

$700,000 - $999,999

1

2

1

4

2

2

-75.0%

0.0%

$1,000,000 - $1,499,999

1

1

1

3

5

1

-66.7%

-80.0%

$1,500,000 - $1,999,999

1

4

1

0

1

0

0.0%

300.0%

$2,000,000 - $2,499,999

1

0

Not Valid

4

4

1

-75.0%

-100.0%

$2,500,000 - $2,999,999

0

0

Not Valid

0

3

0

0.0%

-100.0%

$3,000,000 - $3,999,999

2

3

1

6

2

3

-66.7%

50.0%

$4,000,000 and up

10

3

3

4

1

4

150.0%

200.0%

Market Totals

16

14

1

22

20

1

-27.3%

-30.0%

PRICE RANGE

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

3

0

Not Valid

3

0

Not Valid

$500,000 - $699,999

10

13

-23.1%

10

13

-23.1%

$700,000 - $999,999

22

39

-43.6%

22

39

-43.6%

$1,000,000 - $1,499,999

48

68

-29.4%

48

68

-29.4%

$1,500,000 - $1,999,999

39

55

-29.1%

39

55

-29.1%

$2,000,000 - $2,499,999

50

31

61.3%

50

31

61.3%

$2,500,000 - $2,999,999

21

26

-19.2%

21

26

-19.2%

$3,000,000 - $4,999,999

39

44

-11.4%

39

44

-11.4%

$5,000,000 and up

7

8

-12.5%

7

8

-12.5%

Market Totals

239

284

-15.8%

239

284

-15.8%

Source : Smart MLS, Single Family Homes


NEW CANAAN FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

46

50

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -8.0%

211

261

-19.2%

AVERAGE SALE PRICE

$2,377,004 $2,110,036

12.7%

$2,234,269

$2,177,383

2.6%

MEDIAN SALE PRICE

$1,928,500 $1,895,000

1.8%

$2,000,000

$1,916,752

4.3%

AVERAGE PRICE PER SQUARE FOOT

$446

$457

-2.4%

$474

$458

3.5%

AVERAGE DAYS ON MARKET

60

64

-6.3%

51

55

-7.3%

% SALE PRICE TO LIST PRICE

99.9%

98.0%

1.9%

99.6%

100.6%

-1.0%

TEN-YEAR MARKET HISTORY

Average Sale Price

$1,929,472

$1,783,190

$1,770,026

$1,713,201

$1,628,160

$1,424,859

$1,670,517

$1,995,193

$2,177,383

Average Price/SqFt

$389

$406

$356

$355

$341

$316

$337

$400

$458

$474

Average Price/SqFt

Days On Market

122

126

148

147

138

164

137

83

55

51

Days On Market

%Sale Price to List Price

94.9%

95.8%

93.8%

94.0%

92.2%

92.8%

95.4%

99.1%

100.6%

99.6%

Source : Smart MLS, Single Family Homes

$2,234,269 Average Sale Price

%Sale Price to List Price


NEW CANAAN FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

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

0

1

0

0

1

0

0.0%

0.0%

$700,000 - $999,999

1

1

1

6

2

3

-83.3%

-50.0%

$1,000,000 - $1,499,999

5

5

1

4

3

1

25.0%

66.7%

$1,500,000 - $1,999,999

3

4

1

8

2

4

-62.5%

100.0%

$2,000,000 - $2,499,999

2

3

1

3

0

Not Valid

-33.3%

0.0%

$2,500,000 - $2,999,999

2

3

1

1

2

1

100.0%

50.0%

$3,000,000 - $3,999,999

8

4

2

9

2

5

-11.1%

100.0%

PRICE RANGE

$4,000,000 and up

17

2

9

19

1

19

-10.5%

100.0%

Market Totals

38

23

2

50

13

4

-24.0%

76.9%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

0

0

Not Valid

0

0

Not Valid

$500,000 - $699,999

0

4

-100.0%

0

4

-100.0%

$700,000 - $999,999

18

19

-5.3%

18

19

-5.3%

$1,000,000 - $1,499,999

36

64

-43.8%

36

64

-43.8%

$1,500,000 - $1,999,999

51

50

2.0%

51

50

2.0%

$2,000,000 - $2,499,999

40

40

0.0%

40

40

0.0%

$2,500,000 - $2,999,999

24

41

-41.5%

24

41

-41.5%

$3,000,000 - $4,999,999

35

37

-5.4%

35

37

-5.4%

$5,000,000 and up

7

6

16.7%

7

6

16.7%

Market Totals

211

261

-19.2%

211

261

-19.2%

Source : Smart MLS, Single Family Homes


NORWALK FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

118

143

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -17.5%

546

704

-22.4%

AVERAGE SALE PRICE

$801,436 $836,286

-4.2%

$1,033,768

$835,339

23.8%

MEDIAN SALE PRICE

$668,750 $630,000

6.2%

$660,000

$634,500

4.0%

AVERAGE PRICE PER SQUARE FOOT

$377

$353

6.8%

$458

$352

30.1%

AVERAGE DAYS ON MARKET

36

45

-20.0%

38

43

-11.6%

% SALE PRICE TO LIST PRICE

105.7%

100.9%

4.8%

126.8%

103.1%

23.0%

TEN-YEAR MARKET HISTORY

Average Sale Price

$579,016

$561,384

$589,682

$617,442

$606,739

$598,599

$692,658

$775,316

$835,339

Average Price/SqFt

$225

$244

$255

$262

$258

$261

$289

$315

$352

$458

Average Price/SqFt

Days On Market

103

99

104

83

67

87

79

56

43

38

Days On Market

%Sale Price to List Price

96.3%

96.2%

96.2%

96.6%

96.8%

96.7%

97.8%

100.5%

103.1%

126.8%

Source : Smart MLS, Single Family Homes

$1,033,768 Average Sale Price

%Sale Price to List Price


NORWALK FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

11

11

1

18

10

2

-38.9%

10.0%

$500,000 - $699,999

13

16

1

23

7

3

-43.5%

128.6%

$700,000 - $999,999

10

9

1

13

8

2

-23.1%

12.5%

$1,000,000 - $1,499,999

6

5

1

4

4

1

50.0%

25.0%

$1,500,000 - $1,999,999

4

0

Not Valid

7

4

2

-42.9%

-100.0%

$2,000,000 - $2,499,999

2

1

2

0

2

0

0.0%

-50.0%

$2,500,000 - $2,999,999

1

0

Not Valid

3

0

Not Valid

-66.7%

0.0%

$3,000,000 - $3,999,999

0

1

0

1

1

1

-100.0%

0.0%

PRICE RANGE

$4,000,000 and up

2

0

Not Valid

2

1

2

0.0%

-100.0%

Market Totals

49

43

1

71

37

2

-31.0%

16.2%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

86

163

-47.2%

86

163

-47.2%

$500,000 - $699,999

221

256

-13.7%

221

256

-13.7%

$700,000 - $999,999

123

138

-10.9%

123

138

-10.9%

$1,000,000 - $1,499,999

62

78

-20.5%

62

78

-20.5%

$1,500,000 - $1,999,999

26

39

-33.3%

26

39

-33.3%

$2,000,000 - $2,499,999

11

10

10.0%

11

10

10.0%

$2,500,000 - $2,999,999

8

10

-20.0%

8

10

-20.0%

$3,000,000 - $4,999,999

7

8

-12.5%

7

8

-12.5%

$5,000,000 and up

2

2

0.0%

2

2

0.0%

Market Totals

546

704

-22.4%

546

704

-22.4%

Source : Smart MLS, Single Family Homes


WESTPORT FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

69

71

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -2.8%

328

435

-24.6%

AVERAGE SALE PRICE

$2,170,004 $2,122,928

2.2%

$2,378,617

$2,367,445

0.5%

MEDIAN SALE PRICE

$1,850,000 $1,750,000

5.7%

$2,007,500

$2,002,000

0.3%

AVERAGE PRICE PER SQUARE FOOT

$616

$543

13.4%

$564

$561

0.5%

AVERAGE DAYS ON MARKET

53

57

-7.0%

54

54

0.0%

% SALE PRICE TO LIST PRICE

100.6%

97.8%

2.9%

100.6%

102.4%

-1.8%

TEN-YEAR MARKET HISTORY

Average Sale Price

$1,545,200

$1,647,416

$1,527,152

Average Price/SqFt

$385

$403

$376

$364

$355

$345

$375

$456

$561

$564

Average Price/SqFt

Days On Market

111

113

120

118

98

120

101

56

54

54

Days On Market

%Sale Price to List Price

96.0%

94.5%

94.9%

95.4%

95.6%

93.9%

97.1%

100.5%

102.4%

100.6%

Source : Smart MLS, Single Family Homes

$1,532,674 $1,457,544

$1,361,657

$1,595,659 $1,832,804 $2,367,445

$2,378,617 Average Sale Price

%Sale Price to List Price


WESTPORT FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

1

1

1

2

2

1

-50.0%

-50.0%

$500,000 - $699,999

0

0

Not Valid

2

2

1

-100.0%

-100.0%

$700,000 - $999,999

8

3

3

4

4

1

100.0%

-25.0%

$1,000,000 - $1,499,999

4

4

1

9

6

2

-55.6%

-33.3%

$1,500,000 - $1,999,999

5

4

1

9

7

1

-44.4%

-42.9%

$2,000,000 - $2,499,999

1

1

1

5

5

1

-80.0%

-80.0%

$2,500,000 - $2,999,999

4

4

1

13

7

2

-69.2%

-42.9%

$3,000,000 - $3,999,999

9

3

3

10

5

2

-10.0%

-40.0%

PRICE RANGE

$4,000,000 and up

19

9

2

22

5

4

-13.6%

80.0%

Market Totals

51

29

2

76

43

2

-32.9%

-32.6%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

3

2

50.0%

3

2

50.0%

$500,000 - $699,999

6

13

-53.8%

6

13

-53.8%

$700,000 - $999,999

25

50

-50.0%

25

50

-50.0%

$1,000,000 - $1,499,999

61

69

-11.6%

61

69

-11.6%

$1,500,000 - $1,999,999

67

80

-16.3%

67

80

-16.3%

$2,000,000 - $2,499,999

39

64

-39.1%

39

64

-39.1%

$2,500,000 - $2,999,999

48

49

-2.0%

48

49

-2.0%

$3,000,000 - $4,999,999

61

84

-27.4%

61

84

-27.4%

$5,000,000 and up

18

24

-25.0%

18

24

-25.0%

Market Totals

328

435

-24.6%

328

435

-24.6%

Source : Smart MLS, Single Family Homes


FAIRFIELD FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

129

158

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -18.4%

575

732

-21.4%

AVERAGE SALE PRICE

$1,060,081 $978,438

8.3%

$1,119,372

$1,054,647

6.1%

MEDIAN SALE PRICE

$810,000 $764,500

6.0%

$845,000

$810,000

4.3%

AVERAGE PRICE PER SQUARE FOOT

$417

$373

11.8%

$431

$390

10.5%

AVERAGE DAYS ON MARKET

50

50

0.0%

47

45

4.4%

% SALE PRICE TO LIST PRICE

100.3%

98.6%

1.7%

101.2%

101.9%

-0.7%

TEN-YEAR MARKET HISTORY

Average Sale Price

$722,296

$737,642

$705,408

$743,699

$776,998

$707,793

$867,030

$958,051

$1,054,647

Average Price/SqFt

$278

$284

$279

$278

$280

$269

$293

$341

$390

$431

Average Price/SqFt

Days On Market

98

102

106

43

77

90

88

55

45

47

Days On Market

%Sale Price to List Price

95.8%

96.0%

95.8%

96.3%

95.8%

95.5%

97.2%

99.7%

101.9%

101.2%

Source : Smart MLS, Single Family Homes

$1,119,372 Average Sale Price

%Sale Price to List Price


FAIRFIELD FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

4

7

1

6

12

1

-33.3%

-41.7%

$500,000 - $699,999

13

5

3

25

12

2

-48.0%

-58.3%

$700,000 - $999,999

10

11

1

10

10

1

0.0%

10.0%

$1,000,000 - $1,499,999

6

4

2

8

3

3

-25.0%

33.3%

$1,500,000 - $1,999,999

10

5

2

9

4

2

11.1%

25.0%

$2,000,000 - $2,499,999

1

2

1

3

3

1

-66.7%

-33.3%

$2,500,000 - $2,999,999

3

2

2

7

1

7

-57.1%

100.0%

$3,000,000 - $3,999,999

6

1

6

8

0

Not Valid

-25.0%

0.0%

PRICE RANGE

$4,000,000 and up

6

0

Not Valid

8

1

8

-25.0%

-100.0%

Market Totals

59

37

2

84

46

2

-29.8%

-19.6%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

47

97

-51.5%

47

97

-51.5%

$500,000 - $699,999

128

173

-26.0%

128

173

-26.0%

$700,000 - $999,999

170

199

-14.6%

170

199

-14.6%

$1,000,000 - $1,499,999

115

133

-13.5%

115

133

-13.5%

$1,500,000 - $1,999,999

61

78

-21.8%

61

78

-21.8%

$2,000,000 - $2,499,999

25

20

25.0%

25

20

25.0%

$2,500,000 - $2,999,999

15

11

36.4%

15

11

36.4%

$3,000,000 - $4,999,999

9

17

-47.1%

9

17

-47.1%

$5,000,000 and up

5

4

25.0%

5

4

25.0%

Market Totals

575

732

-21.4%

575

732

-21.4%

Source : Smart MLS, Single Family Homes


BRIDGEPORT FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

110

159

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -30.8%

496

667

-25.6%

AVERAGE SALE PRICE

$371,419 $316,954

17.2%

$342,358

$325,940

5.0%

MEDIAN SALE PRICE

$357,500 $315,000

13.5%

$334,750

$315,000

6.3%

AVERAGE PRICE PER SQUARE FOOT

$259

$205

26.3%

$224

$206

8.7%

AVERAGE DAYS ON MARKET

37

36

2.8%

46

40

15.0%

% SALE PRICE TO LIST PRICE

103.0%

100.2%

2.8%

101.6%

101.1%

0.5%

TEN-YEAR MARKET HISTORY

Average Sale Price

$149,196

$147,286

$150,644

$169,023

$194,259

$210,111

$248,250

$294,908

$325,940

Average Price/SqFt

$89

$95

$98

$108

$115

$129

$154

$186

$206

$224

Average Price/SqFt

Days On Market

96

87

77

61

55

68

59

50

40

46

Days On Market

%Sale Price to List Price

95.5%

96.7%

97.0%

97.7%

98.3%

98.2%

99.5%

100.7%

101.1%

101.6%

Source : Smart MLS, Single Family Homes

$342,358 Average Sale Price

%Sale Price to List Price


BRIDGEPORT FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

4

3

1

9

3

3

-55.6%

0.0%

$200,000 - $299,999

20

12

2

43

17

3

-53.5%

-29.4%

$300,000 - $399,999

30

16

2

52

19

3

-42.3%

-15.8%

$400,000 - $499,999

13

8

2

14

4

4

-7.1%

100.0%

$500,000 - $599,999

4

2

2

3

2

2

33.3%

0.0%

$600,000 - $799,999

1

0

Not Valid

2

2

1

-50.0%

-100.0%

$800,000 - $999,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$1,000,000 - $1,999,999

1

0

Not Valid

1

0

Not Valid

0.0%

0.0%

PRICE RANGE

$2,000,000 and up

2

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

75

41

2

124

47

3

-39.5%

-12.8%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

26

53

-50.9%

26

53

-50.9%

$200,000 - $299,999

136

222

-38.7%

136

222

-38.7%

$300,000 - $399,999

219

272

-19.5%

219

272

-19.5%

$400,000 - $499,999

94

92

2.2%

94

92

2.2%

$500,000 - $599,999

11

12

-8.3%

11

12

-8.3%

$600,000 - $799,999

4

12

-66.7%

4

12

-66.7%

$800,000 - $999,999

4

2

100.0%

4

2

100.0%

$1,000,000 - $1,999,999

2

2

0.0%

2

2

0.0%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

496

667

-25.6%

496

667

-25.6%

Source : Smart MLS, Single Family Homes


STRATFORD FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

110

143

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -23.1%

450

670

-32.8%

AVERAGE SALE PRICE

$439,532 $414,811

6.0%

$421,508

$401,277

5.0%

MEDIAN SALE PRICE

$397,000 $380,000

4.5%

$400,000

$380,000

5.3%

AVERAGE PRICE PER SQUARE FOOT

$266

$228

16.7%

$254

$231

10.0%

AVERAGE DAYS ON MARKET

33

41

-19.5%

44

36

22.2%

% SALE PRICE TO LIST PRICE

102.3%

99.7%

2.6%

102.5%

102.6%

-0.1%

TEN-YEAR MARKET HISTORY

Average Sale Price

$239,978

$235,881

$246,255

$247,072

$261,144

$259,437

$322,139

$360,812

$401,277

Average Price/SqFt

$138

$141

$147

$147

$150

$158

$182

$210

$231

$254

Average Price/SqFt

Days On Market

98

93

85

73

55

68

52

41

36

44

Days On Market

%Sale Price to List Price

96.3%

96.0%

96.8%

97.4%

97.6%

98.0%

99.7%

102.0%

102.6%

102.5%

Source : Smart MLS, Single Family Homes

$421,508 Average Sale Price

%Sale Price to List Price


STRATFORD FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

0

1

0

2

1

2

-100.0%

0.0%

$200,000 - $299,999

4

4

1

13

3

4

-69.2%

33.3%

$300,000 - $399,999

16

6

3

33

8

4

-51.5%

-25.0%

$400,000 - $499,999

20

4

5

12

3

4

66.7%

33.3%

$500,000 - $599,999

9

2

5

3

2

2

200.0%

0.0%

$600,000 - $799,999

8

5

2

2

1

2

300.0%

400.0%

$800,000 - $999,999

1

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$1,000,000 - $1,999,999

3

0

Not Valid

0

0

Not Valid

0.0%

0.0%

PRICE RANGE

$2,000,000 and up

1

0

Not Valid

1

0

Not Valid

0.0%

0.0%

Market Totals

62

22

3

66

18

4

-6.1%

22.2%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

6

22

-72.7%

6

22

-72.7%

$200,000 - $299,999

48

103

-53.4%

48

103

-53.4%

$300,000 - $399,999

170

256

-33.6%

170

256

-33.6%

$400,000 - $499,999

144

180

-20.0%

144

180

-20.0%

$500,000 - $599,999

52

60

-13.3%

52

60

-13.3%

$600,000 - $799,999

23

37

-37.8%

23

37

-37.8%

$800,000 - $999,999

2

6

-66.7%

2

6

-66.7%

$1,000,000 - $1,999,999

4

6

-33.3%

4

6

-33.3%

$2,000,000 and up

1

0

Not Valid

1

0

Not Valid

Market Totals

450

670

-32.8%

450

670

-32.8%

Source : Smart MLS, Single Family Homes


WILTON FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

43

49

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -12.2%

203

256

-20.7%

AVERAGE SALE PRICE

$1,217,776 $1,066,533

14.2%

$1,197,494

$1,162,132

3.0%

MEDIAN SALE PRICE

$1,149,900 $1,005,000

14.4%

$1,125,000

$1,041,750

8.0%

AVERAGE PRICE PER SQUARE FOOT

$353

$315

12.1%

$338

$316

7.0%

AVERAGE DAYS ON MARKET

28

50

-44.0%

39

46

-15.2%

% SALE PRICE TO LIST PRICE

103.8%

101.0%

2.8%

105.4%

104.9%

0.5%

TEN-YEAR MARKET HISTORY

Average Sale Price

$922,728

$890,707

$876,157

$825,067

$867,236

$759,135

$887,210

$1,068,607

$1,162,132

Average Price/SqFt

$252

$260

$249

$238

$228

$214

$233

$275

$316

$338

Average Price/SqFt

Days On Market

118

117

132

135

102

120

107

63

46

39

Days On Market

%Sale Price to List Price

96.3%

96.0%

95.8%

95.4%

94.9%

95.1%

97.8%

101.5%

104.9%

105.4%

Source : Smart MLS, Single Family Homes

$1,197,494 Average Sale Price

%Sale Price to List Price


WILTON FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

0

3

0

1

0

Not Valid

-100.0%

0.0%

$500,000 - $699,999

1

7

1

5

0

Not Valid

-80.0%

0.0%

$700,000 - $999,999

5

9

1

7

2

4

-28.6%

350.0%

$1,000,000 - $1,499,999

3

6

1

3

6

1

0.0%

0.0%

$1,500,000 - $1,999,999

4

3

1

1

1

1

300.0%

200.0%

$2,000,000 - $2,499,999

2

2

1

4

1

4

-50.0%

100.0%

$2,500,000 - $2,999,999

2

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$3,000,000 - $3,999,999

1

0

Not Valid

1

0

Not Valid

0.0%

0.0%

PRICE RANGE

$4,000,000 and up

1

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

19

30

1

22

10

2

-13.6%

200.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

4

9

-55.6%

4

9

-55.6%

$500,000 - $699,999

19

32

-40.6%

19

32

-40.6%

$700,000 - $999,999

64

79

-19.0%

64

79

-19.0%

$1,000,000 - $1,499,999

70

87

-19.5%

70

87

-19.5%

$1,500,000 - $1,999,999

27

29

-6.9%

27

29

-6.9%

$2,000,000 - $2,499,999

13

12

8.3%

13

12

8.3%

$2,500,000 - $2,999,999

5

8

-37.5%

5

8

-37.5%

$3,000,000 - $4,999,999

1

0

Not Valid

1

0

Not Valid

$5,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

203

256

-20.7%

203

256

-20.7%

Source : Smart MLS, Single Family Homes


WESTON FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

40

25

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE 60.0%

159

195

-18.5%

AVERAGE SALE PRICE

$1,252,503 $1,164,223

7.6%

$1,327,707

$1,325,461

0.2%

MEDIAN SALE PRICE

$1,120,000 $1,135,000

-1.3%

$1,260,000

$1,175,000

7.2%

AVERAGE PRICE PER SQUARE FOOT

$347

$299

16.1%

$332

$315

5.4%

AVERAGE DAYS ON MARKET

50

44

13.6%

47

54

-13.0%

% SALE PRICE TO LIST PRICE

103.0%

101.7%

1.3%

103.6%

103.8%

-0.2%

TEN-YEAR MARKET HISTORY

Average Sale Price

$892,137

$928,829

$905,162

$855,343

$810,806

$794,511

$910,457

$1,197,919

$1,325,461

Average Price/SqFt

$233

$238

$227

$224

$216

$201

$218

$289

$315

$332

Average Price/SqFt

Days On Market

120

127

130

130

106

126

117

57

54

47

Days On Market

%Sale Price to List Price

95.4%

95.9%

95.6%

95.8%

95.6%

95.4%

97.8%

101.6%

103.8%

103.6%

Source : Smart MLS, Single Family Homes

$1,327,707 Average Sale Price

%Sale Price to List Price


WESTON FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

1

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$500,000 - $699,999

0

0

Not Valid

5

1

5

-100.0%

-100.0%

$700,000 - $999,999

2

2

1

6

2

3

-66.7%

0.0%

$1,000,000 - $1,499,999

7

0

Not Valid

4

2

2

75.0%

-100.0%

$1,500,000 - $1,999,999

6

1

6

8

2

4

-25.0%

-50.0%

$2,000,000 - $2,499,999

4

1

4

0

2

0

0.0%

-50.0%

$2,500,000 - $2,999,999

1

0

Not Valid

1

0

Not Valid

0.0%

0.0%

$3,000,000 - $3,999,999

2

0

Not Valid

1

0

Not Valid

100.0%

0.0%

$4,000,000 and up

3

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

26

4

7

25

9

3

4.0%

-55.6%

PRICE RANGE

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

4

12

-66.7%

4

12

-66.7%

$500,000 - $699,999

15

21

-28.6%

15

21

-28.6%

$700,000 - $999,999

39

39

0.0%

39

39

0.0%

$1,000,000 - $1,499,999

49

64

-23.4%

49

64

-23.4%

$1,500,000 - $1,999,999

31

31

0.0%

31

31

0.0%

$2,000,000 - $2,499,999

12

16

-25.0%

12

16

-25.0%

$2,500,000 - $2,999,999

5

5

0.0%

5

5

0.0%

$3,000,000 - $4,999,999

4

6

-33.3%

4

6

-33.3%

$5,000,000 and up

0

1

-100.0%

0

1

-100.0%

Market Totals

159

195

-18.5%

159

195

-18.5%

Source : Smart MLS, Single Family Homes


EASTON FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

19

27

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -29.6%

91

113

-19.5%

AVERAGE SALE PRICE

$913,134 $796,792

14.6%

$957,415

$923,163

3.7%

MEDIAN SALE PRICE

$900,000 $675,000

33.3%

$875,000

$875,000

0.0%

AVERAGE PRICE PER SQUARE FOOT

$306

$233

31.3%

$294

$245

20.0%

AVERAGE DAYS ON MARKET

45

55

-18.2%

48

59

-18.6%

% SALE PRICE TO LIST PRICE

101.1%

98.7%

2.4%

101.1%

102.4%

-1.3%

TEN-YEAR MARKET HISTORY

Average Sale Price

$639,195

$611,815

$645,133

$609,615

$602,243

$604,155

$635,204

$783,457

$923,163

Average Price/SqFt

$177

$189

$189

$184

$168

$163

$189

$227

$245

$294

Average Price/SqFt

Days On Market

106

123

128

107

110

127

89

66

59

48

Days On Market

%Sale Price to List Price

95.3%

95.6%

96.6%

94.9%

95.3%

95.7%

98.0%

99.8%

102.4%

101.1%

%Sale Price to List Price

Source : Smart MLS, Single Family Homes

$957,415 Average Sale Price


EASTON FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

0

0

Not Valid

0

1

0

0.0%

-100.0%

$500,000 - $699,999

5

0

Not Valid

2

1

2

150.0%

-100.0%

$700,000 - $999,999

6

2

3

5

3

2

20.0%

-33.3%

$1,000,000 - $1,499,999

6

4

2

8

2

4

-25.0%

100.0%

$1,500,000 - $1,999,999

2

1

2

2

0

Not Valid

0.0%

0.0%

$2,000,000 - $2,499,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$2,500,000 - $2,999,999

0

0

Not Valid

1

0

Not Valid

-100.0%

0.0%

$3,000,000 - $3,999,999

0

0

Not Valid

1

0

Not Valid

-100.0%

0.0%

$4,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

19

7

3

19

7

3

0.0%

0.0%

PRICE RANGE

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

0

7

-100.0%

0

7

-100.0%

$500,000 - $699,999

15

25

-40.0%

15

25

-40.0%

$700,000 - $999,999

48

41

17.1%

48

41

17.1%

$1,000,000 - $1,499,999

21

35

-40.0%

21

35

-40.0%

$1,500,000 - $1,999,999

5

4

25.0%

5

4

25.0%

$2,000,000 - $2,499,999

1

1

0.0%

1

1

0.0%

$2,500,000 - $2,999,999

1

0

Not Valid

1

0

Not Valid

$3,000,000 - $4,999,999

0

0

Not Valid

0

0

Not Valid

$5,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

91

113

-19.5%

91

113

-19.5%

Source : Smart MLS, Single Family Homes


TRUMBULL FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

72

95

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -24.2%

320

445

-28.1%

AVERAGE SALE PRICE

$645,106 $553,754

16.5%

$604,242

$584,125

3.4%

MEDIAN SALE PRICE

$602,500 $520,000

15.9%

$569,500

$547,000

4.1%

AVERAGE PRICE PER SQUARE FOOT

$266

$238

11.8%

$264

$243

8.6%

AVERAGE DAYS ON MARKET

35

48

-27.1%

34

38

-10.5%

% SALE PRICE TO LIST PRICE

101.9%

100.1%

1.8%

103.0%

102.6%

0.4%

TEN-YEAR MARKET HISTORY

Average Sale Price

$385,472

$395,498

$380,065

$407,597

$406,054

$406,195

$455,146

$534,140

$584,125

Average Price/SqFt

$172

$175

$174

$176

$175

$175

$194

$219

$243

$264

Average Price/SqFt

Days On Market

79

92

94

69

57

75

58

42

38

34

Days On Market

96.8%

96.4%

96.7%

97.6%

97.5%

97.5%

98.9%

101.5%

102.6%

103.0%

%Sale Price to List Price

Source : Smart MLS, Single Family Homes

$604,242 Average Sale Price

%Sale Price to List Price


TRUMBULL FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

0

0

Not Valid

0

1

0

0.0%

-100.0%

$200,000 - $299,999

0

0

Not Valid

2

0

Not Valid

-100.0%

0.0%

$300,000 - $399,999

1

2

1

3

4

1

-66.7%

-50.0%

$400,000 - $499,999

9

3

3

14

4

4

-35.7%

-25.0%

$500,000 - $599,999

7

3

2

13

5

3

-46.2%

-40.0%

$600,000 - $799,999

11

4

3

9

6

2

22.2%

-33.3%

$800,000 - $999,999

5

2

3

3

0

Not Valid

66.7%

0.0%

$1,000,000 - $1,999,999

5

0

Not Valid

3

0

Not Valid

66.7%

0.0%

PRICE RANGE

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

38

14

3

47

20

2

-19.1%

-30.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

0

0

Not Valid

0

0

Not Valid

$200,000 - $299,999

2

13

-84.6%

2

13

-84.6%

$300,000 - $399,999

27

33

-18.2%

27

33

-18.2%

$400,000 - $499,999

65

113

-42.5%

65

113

-42.5%

$500,000 - $599,999

85

115

-26.1%

85

115

-26.1%

$600,000 - $799,999

99

122

-18.9%

99

122

-18.9%

$800,000 - $999,999

32

29

10.3%

32

29

10.3%

$1,000,000 - $1,999,999

10

20

-50.0%

10

20

-50.0%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

320

445

-28.1%

320

445

-28.1%

Source : Smart MLS, Single Family Homes


SHELTON FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

78

71

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE 9.9%

290

352

-17.6%

AVERAGE SALE PRICE

$506,364 $466,373

8.6%

$505,171

$499,807

1.1%

MEDIAN SALE PRICE

$485,000 $440,000

10.2%

$482,000

$467,500

3.1%

AVERAGE PRICE PER SQUARE FOOT

$246

$208

18.3%

$239

$226

5.8%

AVERAGE DAYS ON MARKET

50

48

4.2%

44

38

15.8%

% SALE PRICE TO LIST PRICE

102.1%

99.6%

2.5%

102.2%

102.4%

-0.2%

TEN-YEAR MARKET HISTORY

Average Sale Price

$330,011

$307,625

$327,463

$343,088

$346,725

$361,234

$394,104

$445,564

$499,807

$505,171

Average Sale Price

Average Price/SqFt

$133

$145

$148

$157

$156

$162

$172

$205

$226

$239

Average Price/SqFt

Days On Market

92

94

87

73

67

71

58

43

38

44

Days On Market

96.6%

96.6%

97.0%

97.8%

97.6%

97.7%

99.2%

101.2%

102.4%

102.2%

%Sale Price to List Price

Source : Smart MLS, Single Family Homes

%Sale Price to List Price


SHELTON FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

3

3

1

2

0

Not Valid

50.0%

0.0%

$200,000 - $299,999

0

1

0

8

3

3

-100.0%

-66.7%

$300,000 - $399,999

3

5

1

9

4

2

-66.7%

25.0%

$400,000 - $499,999

9

0

Not Valid

7

3

2

28.6%

-100.0%

$500,000 - $599,999

10

5

2

9

1

9

11.1%

400.0%

$600,000 - $799,999

10

8

1

4

12

1

150.0%

-33.3%

$800,000 - $999,999

12

1

12

4

0

Not Valid

200.0%

0.0%

$1,000,000 - $1,999,999

2

0

Not Valid

0

0

Not Valid

0.0%

0.0%

PRICE RANGE

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

49

23

2

43

23

2

14.0%

0.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

11

10

10.0%

11

10

10.0%

$200,000 - $299,999

18

30

-40.0%

18

30

-40.0%

$300,000 - $399,999

53

56

-5.4%

53

56

-5.4%

$400,000 - $499,999

72

102

-29.4%

72

102

-29.4%

$500,000 - $599,999

52

67

-22.4%

52

67

-22.4%

$600,000 - $799,999

62

60

3.3%

62

60

3.3%

$800,000 - $999,999

20

24

-16.7%

20

24

-16.7%

$1,000,000 - $1,999,999

2

3

-33.3%

2

3

-33.3%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

290

352

-17.6%

290

352

-17.6%

Source : Smart MLS, Single Family Homes


RIDGEFIELD FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

62

64

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -3.1%

277

366

-24.3%

AVERAGE SALE PRICE

$1,053,530 $959,683

9.8%

$1,183,049

$984,947

20.1%

MEDIAN SALE PRICE

$957,500 $797,450

20.1%

$1,025,000

$870,000

17.8%

AVERAGE PRICE PER SQUARE FOOT

$354

$313

13.1%

$351

$309

13.6%

AVERAGE DAYS ON MARKET

41

44

-6.8%

45

46

-2.2%

% SALE PRICE TO LIST PRICE

102.2%

100.3%

1.9%

101.5%

102.5%

-1.0%

TEN-YEAR MARKET HISTORY

Average Sale Price

$756,357

$748,817

$742,340

$738,443

$717,631

$713,699

$811,557

$937,024

$984,947

Average Price/SqFt

$231

$228

$225

$228

$222

$223

$239

$278

$309

$351

Average Price/SqFt

Days On Market

111

104

113

101

83

99

99

60

46

45

Days On Market

%Sale Price to List Price

96.2%

95.7%

95.5%

95.1%

95.5%

95.5%

97.4%

100.4%

102.5%

101.5%

Source : Smart MLS, Single Family Homes

$1,183,049 Average Sale Price

%Sale Price to List Price


RIDGEFIELD FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

4

0

Not Valid

5

1

5

-20.0%

-100.0%

$500,000 - $699,999

3

0

Not Valid

6

1

6

-50.0%

-100.0%

$700,000 - $999,999

5

6

1

7

6

1

-28.6%

0.0%

$1,000,000 - $1,499,999

6

7

1

6

10

1

0.0%

-30.0%

$1,500,000 - $1,999,999

5

2

3

11

0

Not Valid

-54.5%

0.0%

$2,000,000 - $2,499,999

4

2

2

3

1

3

33.3%

100.0%

$2,500,000 - $2,999,999

0

0

Not Valid

2

0

Not Valid

-100.0%

0.0%

$3,000,000 - $3,999,999

2

0

Not Valid

2

0

Not Valid

0.0%

0.0%

PRICE RANGE

$4,000,000 and up

1

0

Not Valid

3

0

Not Valid

-66.7%

0.0%

Market Totals

30

17

2

45

19

2

-33.3%

-10.5%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

10

25

-60.0%

10

25

-60.0%

$500,000 - $699,999

43

85

-49.4%

43

85

-49.4%

$700,000 - $999,999

82

112

-26.8%

82

112

-26.8%

$1,000,000 - $1,499,999

98

104

-5.8%

98

104

-5.8%

$1,500,000 - $1,999,999

31

28

10.7%

31

28

10.7%

$2,000,000 - $2,499,999

5

5

0.0%

5

5

0.0%

$2,500,000 - $2,999,999

5

4

25.0%

5

4

25.0%

$3,000,000 - $4,999,999

2

3

-33.3%

2

3

-33.3%

$5,000,000 and up

1

0

Not Valid

1

0

Not Valid

Market Totals

277

366

-24.3%

277

366

-24.3%

Source : Smart MLS, Single Family Homes


REDDING FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

26

38

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -31.6%

106

146

-27.4%

AVERAGE SALE PRICE

$940,519 $928,047

1.3%

$988,090

$903,352

9.4%

MEDIAN SALE PRICE

$798,000 $807,500

-1.2%

$825,000

$799,950

3.1%

AVERAGE PRICE PER SQUARE FOOT

$321

$244

31.6%

$296

$272

8.8%

AVERAGE DAYS ON MARKET

51

75

-32.0%

44

55

-20.0%

% SALE PRICE TO LIST PRICE

100.4%

96.6%

3.9%

103.6%

100.0%

3.6%

TEN-YEAR MARKET HISTORY

Average Sale Price

$590,155

$555,147

$653,976

$508,769

$591,063

$543,031

$660,972

$746,957

$903,352

Average Price/SqFt

$193

$188

$191

$186

$181

$180

$204

$251

$272

$296

Average Price/SqFt

Days On Market

125

156

124

117

98

138

107

59

55

44

Days On Market

%Sale Price to List Price

94.9%

95.6%

90.4%

93.6%

92.2%

95.8%

98.0%

100.3%

100.0%

103.6%

Source : Smart MLS, Single Family Homes

$988,090 Average Sale Price

%Sale Price to List Price


REDDING FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

1

1

1

2

1

2

-50.0%

0.0%

$500,000 - $699,999

3

1

3

4

1

4

-25.0%

0.0%

$700,000 - $999,999

5

4

1

1

1

1

400.0%

300.0%

$1,000,000 - $1,499,999

4

3

1

4

1

4

0.0%

200.0%

$1,500,000 - $1,999,999

4

0

Not Valid

1

0

Not Valid

300.0%

0.0%

$2,000,000 - $2,499,999

1

0

Not Valid

1

0

Not Valid

0.0%

0.0%

$2,500,000 - $2,999,999

2

1

2

0

0

Not Valid

0.0%

0.0%

$3,000,000 - $3,999,999

0

0

Not Valid

1

0

Not Valid

-100.0%

0.0%

PRICE RANGE

$4,000,000 and up

3

0

Not Valid

2

0

Not Valid

50.0%

0.0%

Market Totals

23

10

2

16

4

4

43.8%

150.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

10

15

-33.3%

10

15

-33.3%

$500,000 - $699,999

19

43

-55.8%

19

43

-55.8%

$700,000 - $999,999

56

48

16.7%

56

48

16.7%

$1,000,000 - $1,499,999

12

29

-58.6%

12

29

-58.6%

$1,500,000 - $1,999,999

5

6

-16.7%

5

6

-16.7%

$2,000,000 - $2,499,999

2

3

-33.3%

2

3

-33.3%

$2,500,000 - $2,999,999

0

1

-100.0%

0

1

-100.0%

$3,000,000 - $4,999,999

1

0

Not Valid

1

0

Not Valid

$5,000,000 and up

1

1

0.0%

1

1

0.0%

Market Totals

106

146

-27.4%

106

146

-27.4%

Source : Smart MLS, Single Family Homes


MONROE FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

44

38

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE 15.8%

153

208

-26.4%

AVERAGE SALE PRICE

$569,134 $564,873

0.8%

$594,856

$569,536

4.4%

MEDIAN SALE PRICE

$550,000 $527,500

4.3%

$570,000

$531,450

7.3%

AVERAGE PRICE PER SQUARE FOOT

$239

$216

10.6%

$237

$220

7.7%

AVERAGE DAYS ON MARKET

55

42

31.0%

44

43

2.3%

% SALE PRICE TO LIST PRICE

99.6%

100.0%

-0.4%

101.9%

101.7%

0.2%

TEN-YEAR MARKET HISTORY

Average Sale Price

$363,464

$365,319

$368,491

$392,631

$379,501

$388,722

$437,275

$487,380

$569,536

Average Price/SqFt

$155

$150

$149

$155

$153

$157

$171

$201

$220

$237

Average Price/SqFt

Days On Market

104

101

95

82

62

85

71

43

43

44

Days On Market

%Sale Price to List Price

96.6%

96.8%

96.8%

97.9%

97.2%

98.1%

99.0%

101.6%

101.7%

101.9%

Source : Smart MLS, Single Family Homes

$594,856 Average Sale Price

%Sale Price to List Price


MONROE FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$200,000 - $299,999

1

1

1

1

0

Not Valid

0.0%

0.0%

$300,000 - $399,999

4

0

Not Valid

4

1

4

0.0%

-100.0%

$400,000 - $499,999

9

2

5

6

0

Not Valid

50.0%

0.0%

$500,000 - $599,999

7

0

Not Valid

3

1

3

133.3%

-100.0%

$600,000 - $799,999

8

4

2

6

0

Not Valid

33.3%

0.0%

$800,000 - $999,999

3

1

3

2

1

2

50.0%

0.0%

$1,000,000 - $1,999,999

1

0

Not Valid

2

0

Not Valid

-50.0%

0.0%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

33

8

4

24

3

8

37.5%

166.7%

PRICE RANGE

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

0

1

-100.0%

0

1

-100.0%

$200,000 - $299,999

2

4

-50.0%

2

4

-50.0%

$300,000 - $399,999

10

29

-65.5%

10

29

-65.5%

$400,000 - $499,999

32

55

-41.8%

32

55

-41.8%

$500,000 - $599,999

45

33

36.4%

45

33

36.4%

$600,000 - $799,999

45

65

-30.8%

45

65

-30.8%

$800,000 - $999,999

16

18

-11.1%

16

18

-11.1%

$1,000,000 - $1,999,999

3

3

0.0%

3

3

0.0%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

153

208

-26.4%

153

208

-26.4%

Source : Smart MLS, Single Family Homes


DANBURY FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

85

98

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -13.3%

308

452

-31.9%

AVERAGE SALE PRICE

$481,128 $466,024

3.2%

$491,883

$465,435

5.7%

MEDIAN SALE PRICE

$465,000 $430,000

8.1%

$461,000

$425,000

8.5%

AVERAGE PRICE PER SQUARE FOOT

$251

$231

8.7%

$250

$240

4.2%

AVERAGE DAYS ON MARKET

39

59

-33.9%

42

49

-14.3%

% SALE PRICE TO LIST PRICE

102.5%

99.0%

3.5%

102.0%

101.1%

0.9%

TEN-YEAR MARKET HISTORY

Average Sale Price

$275,951

$282,716

$294,230

$322,357

$330,014

$327,984

$371,015

$444,951

$465,435

Average Price/SqFt

$140

$144

$151

$158

$164

$169

$191

$212

$237

$250

Average Price/SqFt

Days On Market

105

92

101

76

62

71

70

49

49

42

Days On Market

%Sale Price to List Price

96.3%

96.5%

96.9%

97.4%

97.6%

98.5%

99.3%

100.9%

101.1%

102.0%

Source : Smart MLS, Single Family Homes

$491,883 Average Sale Price

%Sale Price to List Price


DANBURY FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

1

0

Not Valid

1

1

1

0.0%

-100.0%

$200,000 - $299,999

3

1

3

3

4

1

0.0%

-75.0%

$300,000 - $399,999

15

2

8

7

9

1

114.3%

-77.8%

$400,000 - $499,999

18

2

9

18

7

3

0.0%

-71.4%

$500,000 - $599,999

6

3

2

15

3

5

-60.0%

0.0%

$600,000 - $799,999

6

1

6

7

3

2

-14.3%

-66.7%

$800,000 - $999,999

3

0

Not Valid

8

0

Not Valid

-62.5%

0.0%

$1,000,000 - $1,999,999

2

1

2

7

1

7

-71.4%

0.0%

PRICE RANGE

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

54

10

5

66

28

2

-18.2%

-64.3%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

12

10

20.0%

12

10

20.0%

$200,000 - $299,999

12

36

-66.7%

12

36

-66.7%

$300,000 - $399,999

68

118

-42.4%

68

118

-42.4%

$400,000 - $499,999

99

151

-34.4%

99

151

-34.4%

$500,000 - $599,999

59

69

-14.5%

59

69

-14.5%

$600,000 - $799,999

36

52

-30.8%

36

52

-30.8%

$800,000 - $999,999

14

10

40.0%

14

10

40.0%

$1,000,000 - $1,999,999

8

5

60.0%

8

5

60.0%

$2,000,000 and up

0

1

-100.0%

0

1

-100.0%

Market Totals

308

452

-31.9%

308

452

-31.9%

Source : Smart MLS, Single Family Homes


BETHEL FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

42

36

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE 16.7%

136

146

-6.8%

AVERAGE SALE PRICE

$504,983 $500,513

0.9%

$525,800

$505,025

4.1%

MEDIAN SALE PRICE

$473,000 $492,500

-4.0%

$482,500

$490,000

-1.5%

AVERAGE PRICE PER SQUARE FOOT

$279

$226

23.5%

$257

$235

9.4%

AVERAGE DAYS ON MARKET

40

49

-18.4%

44

44

0.0%

% SALE PRICE TO LIST PRICE

101.5%

99.6%

1.9%

102.0%

102.0%

0.0%

TEN-YEAR MARKET HISTORY

Average Sale Price

$325,350

$312,870

$321,640

$338,778

$365,973

$374,343

$411,950

$474,559

$505,025

Average Price/SqFt

$150

$155

$158

$157

$169

$173

$187

$209

$235

$257

Average Price/SqFt

Days On Market

106

102

113

79

68

84

74

56

44

44

Days On Market

%Sale Price to List Price

97.0%

96.9%

97.1%

97.8%

99.9%

99.6%

100.3%

101.4%

102.0%

102.0%

Source : Smart MLS, Single Family Homes

$525,800 Average Sale Price

%Sale Price to List Price


BETHEL FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

0

1

0

0

0

Not Valid

0.0%

0.0%

$200,000 - $299,999

1

0

Not Valid

2

0

Not Valid

-50.0%

0.0%

PRICE RANGE

$300,000 - $399,999

3

1

3

2

6

1

50.0%

-83.3%

$400,000 - $499,999

8

0

Not Valid

5

5

1

60.0%

-100.0%

$500,000 - $599,999

5

0

Not Valid

2

1

2

150.0%

-100.0%

$600,000 - $799,999

6

1

6

5

2

3

20.0%

-50.0%

$800,000 - $999,999

2

0

Not Valid

0

1

0

0.0%

-100.0%

$1,000,000 - $1,999,999

1

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

26

3

9

16

15

1

62.5%

-80.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

0

0

Not Valid

0

0

Not Valid

$200,000 - $299,999

5

9

-44.4%

5

9

-44.4%

$300,000 - $399,999

19

25

-24.0%

19

25

-24.0%

$400,000 - $499,999

50

40

25.0%

50

40

25.0%

$500,000 - $599,999

26

35

-25.7%

26

35

-25.7%

$600,000 - $799,999

23

32

-28.1%

23

32

-28.1%

$800,000 - $999,999

12

4

200.0%

12

4

200.0%

$1,000,000 - $1,999,999

1

1

0.0%

1

1

0.0%

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

136

146

-6.8%

136

146

-6.8%

Source : Smart MLS, Single Family Homes


NEWTOWN FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

67

88

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -23.9%

308

346

-11.0%

AVERAGE SALE PRICE

$630,816 $573,212

10.0%

$626,296

$579,718

8.0%

MEDIAN SALE PRICE

$580,000 $530,000

9.4%

$566,000

$550,000

2.9%

AVERAGE PRICE PER SQUARE FOOT

$248

$246

0.8%

$247

$237

4.2%

AVERAGE DAYS ON MARKET

56

54

3.7%

47

54

-13.0%

% SALE PRICE TO LIST PRICE

100.3%

99.6%

0.7%

101.4%

102.0%

-0.6%

TEN-YEAR MARKET HISTORY

Average Sale Price

$391,035

$381,332

$398,696

$397,569

$424,087

$399,444

$442,128

$538,122

$579,718

Average Price/SqFt

$136

$151

$151

$156

$152

$156

$173

$206

$237

$247

Average Price/SqFt

Days On Market

126

116

125

101

72

91

80

57

54

47

Days On Market

%Sale Price to List Price

96.3%

96.1%

96.5%

97.1%

97.0%

97.4%

99.0%

100.9%

102.0%

101.4%

Source : Smart MLS, Single Family Homes

$626,296 Average Sale Price

%Sale Price to List Price


NEWTOWN FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

1

1

1

1

1

1

0.0%

0.0%

$200,000 - $299,999

0

1

0

3

0

Not Valid

-100.0%

0.0%

PRICE RANGE

$300,000 - $399,999

7

2

4

7

2

4

0.0%

0.0%

$400,000 - $499,999

6

0

Not Valid

9

2

5

-33.3%

-100.0%

$500,000 - $599,999

2

2

1

7

2

4

-71.4%

0.0%

$600,000 - $799,999

7

3

2

9

2

5

-22.2%

50.0%

$800,000 - $999,999

9

1

9

5

1

5

80.0%

0.0%

$1,000,000 - $1,999,999

19

0

Not Valid

9

1

9

111.1%

-100.0%

$2,000,000 and up

3

1

3

2

0

Not Valid

50.0%

0.0%

Market Totals

54

11

5

52

11

5

3.8%

0.0%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

8

8

0.0%

8

8

0.0%

$200,000 - $299,999

14

18

-22.2%

14

18

-22.2%

$300,000 - $399,999

33

48

-31.3%

33

48

-31.3%

$400,000 - $499,999

49

62

-21.0%

49

62

-21.0%

$500,000 - $599,999

60

67

-10.4%

60

67

-10.4%

$600,000 - $799,999

86

96

-10.4%

86

96

-10.4%

$800,000 - $999,999

33

36

-8.3%

33

36

-8.3%

$1,000,000 - $1,999,999

23

10

130.0%

23

10

130.0%

$2,000,000 and up

2

1

100.0%

2

1

100.0%

Market Totals

308

346

-11.0%

308

346

-11.0%

Source : Smart MLS, Single Family Homes


NEW FAIRFIELD FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

19

36

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -47.2%

127

191

-33.5%

AVERAGE SALE PRICE

$579,063 $578,758

0.1%

$603,465

$565,136

6.8%

MEDIAN SALE PRICE

$615,000 $512,600

20.0%

$513,000

$488,500

5.0%

AVERAGE PRICE PER SQUARE FOOT

$266

$273

-2.6%

$283

$250

13.2%

AVERAGE DAYS ON MARKET

42

48

-12.5%

48

49

-2.0%

% SALE PRICE TO LIST PRICE

100.4%

96.7%

3.8%

101.7%

101.0%

0.7%

TEN-YEAR MARKET HISTORY

Average Sale Price

$386,019

$381,696

$389,452

$395,612

$397,306

$410,166

$463,430

$601,804

$565,136

Average Price/SqFt

$168

$171

$171

$186

$173

$193

$213

$256

$250

$283

Average Price/SqFt

Days On Market

121

121

116

88

75

95

77

57

49

48

Days On Market

%Sale Price to List Price

94.5%

94.1%

94.9%

95.6%

96.5%

96.1%

98.8%

99.1%

101.0%

101.7%

%Sale Price to List Price

Source : Smart MLS, Single Family Homes

$603,465 Average Sale Price


NEW FAIRFIELD FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $199,999

2

2

1

1

2

1

100.0%

0.0%

$200,000 - $299,999

1

1

1

4

0

Not Valid

-75.0%

0.0%

$300,000 - $399,999

1

4

1

4

1

4

-75.0%

300.0%

$400,000 - $499,999

4

2

2

3

0

Not Valid

33.3%

0.0%

$500,000 - $599,999

4

0

Not Valid

6

1

6

-33.3%

-100.0%

$600,000 - $799,999

4

1

4

5

2

3

-20.0%

-50.0%

$800,000 - $999,999

2

0

Not Valid

2

0

Not Valid

0.0%

0.0%

$1,000,000 - $1,999,999

2

0

Not Valid

1

0

Not Valid

100.0%

0.0%

PRICE RANGE

$2,000,000 and up

3

0

Not Valid

1

1

1

200.0%

-100.0%

Market Totals

23

10

2

27

7

4

-14.8%

42.9%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $199,999

4

8

-50.0%

4

8

-50.0%

$200,000 - $299,999

7

15

-53.3%

7

15

-53.3%

$300,000 - $399,999

17

41

-58.5%

17

41

-58.5%

$400,000 - $499,999

29

36

-19.4%

29

36

-19.4%

$500,000 - $599,999

23

28

-17.9%

23

28

-17.9%

$600,000 - $799,999

28

39

-28.2%

28

39

-28.2%

$800,000 - $999,999

8

11

-27.3%

8

11

-27.3%

$1,000,000 - $1,999,999

9

10

-10.0%

9

10

-10.0%

$2,000,000 and up

2

3

-33.3%

2

3

-33.3%

Market Totals

127

191

-33.5%

127

191

-33.5%

Source : Smart MLS, Single Family Homes


BROOKFIELD FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

40

45

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -11.1%

149

187

-20.3%

AVERAGE SALE PRICE

$598,662 $543,199

10.2%

$659,936

$656,499

0.5%

MEDIAN SALE PRICE

$533,750 $515,000

3.6%

$545,000

$545,000

0.0%

AVERAGE PRICE PER SQUARE FOOT

$253

$224

12.9%

$281

$253

11.1%

AVERAGE DAYS ON MARKET

42

52

-19.2%

47

48

-2.1%

% SALE PRICE TO LIST PRICE

101.2%

101.5%

-0.3%

100.6%

101.6%

-1.0%

TEN-YEAR MARKET HISTORY

Average Sale Price

$411,572

$419,873

$419,535

$454,929

$449,610

$450,312

$484,974

$570,545

$656,499

Average Price/SqFt

$161

$166

$173

$174

$174

$181

$187

$223

$253

$281

Average Price/SqFt

Days On Market

109

119

108

105

77

86

84

52

48

47

Days On Market

%Sale Price to List Price

95.1%

94.6%

95.7%

96.6%

96.0%

96.7%

98.5%

100.4%

101.6%

100.6%

Source : Smart MLS, Single Family Homes

$659,936 Average Sale Price

%Sale Price to List Price


BROOKFIELD FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

5

3

2

11

7

2

-54.5%

-57.1%

$500,000 - $699,999

6

3

2

6

0

Not Valid

0.0%

0.0%

$700,000 - $999,999

9

4

2

4

1

4

125.0%

300.0%

$1,000,000 - $1,499,999

2

0

Not Valid

2

0

Not Valid

0.0%

0.0%

$1,500,000 - $1,999,999

1

1

1

0

0

Not Valid

0.0%

0.0%

$2,000,000 - $2,499,999

0

0

Not Valid

1

0

Not Valid

-100.0%

0.0%

$2,500,000 - $2,999,999

2

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$3,000,000 - $3,999,999

1

0

Not Valid

0

0

Not Valid

0.0%

0.0%

PRICE RANGE

$4,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

26

11

2

24

8

3

8.3%

37.5%

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

56

71

-21.1%

56

71

-21.1%

$500,000 - $699,999

53

71

-25.4%

53

71

-25.4%

$700,000 - $999,999

30

32

-6.3%

30

32

-6.3%

$1,000,000 - $1,499,999

4

4

0.0%

4

4

0.0%

$1,500,000 - $1,999,999

1

3

-66.7%

1

3

-66.7%

$2,000,000 - $2,499,999

2

3

-33.3%

2

3

-33.3%

$2,500,000 - $2,999,999

2

1

100.0%

2

1

100.0%

$3,000,000 - $4,999,999

1

2

-50.0%

1

2

-50.0%

$5,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

149

187

-20.3%

149

187

-20.3%

Source : Smart MLS, Single Family Homes


SHERMAN FOURTH QUARTER 2023

QUARTERLY MARKET OVERVIEW

HOMES SOLD

Q4 2023

Q4 2022

6

12

% FULL YEAR FULL YEAR % CHANGE 2023 2022 CHANGE -50.0%

35

65

-46.2%

AVERAGE SALE PRICE

$1,224,250 $848,450

44.3%

$813,378

$726,458

12.0%

MEDIAN SALE PRICE

$1,006,000 $732,500

37.3%

$675,000

$655,000

3.1%

AVERAGE PRICE PER SQUARE FOOT

$533

$270

97.4%

$310

$298

4.0%

AVERAGE DAYS ON MARKET

129

92

40.2%

75

78

-3.8%

% SALE PRICE TO LIST PRICE

100.1%

95.2%

5.1%

99.5%

96.4%

3.2%

TEN-YEAR MARKET HISTORY

Average Sale Price

$549,711

$525,489

$442,370

$624,944

$507,381

$524,542

$593,816

$697,019

$726,458

$813,378

Average Sale Price

Average Price/SqFt

$190

$224

$185

$221

$197

$230

$218

$275

$298

$310

Average Price/SqFt

Days On Market

170

135

106

124

122

155

137

83

78

75

Days On Market

%Sale Price to List Price

93.3%

93.8%

95.9%

93.9%

94.0%

92.9%

97.5%

97.7%

96.4%

99.5%

%Sale Price to List Price

Source : Smart MLS, Single Family Homes


SHERMAN FOURTH QUARTER 2023 SUPPLY/DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

0

1

0

1

1

1

-100.0%

0.0%

$500,000 - $699,999

6

1

6

2

1

2

200.0%

0.0%

$700,000 - $999,999

1

2

1

3

0

Not Valid

-66.7%

0.0%

$1,000,000 - $1,499,999

3

0

Not Valid

3

1

3

0.0%

-100.0%

$1,500,000 - $1,999,999

5

1

5

2

0

Not Valid

150.0%

0.0%

$2,000,000 - $2,499,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$2,500,000 - $2,999,999

2

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$3,000,000 - $3,999,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$4,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

17

5

3

11

3

4

54.5%

66.7%

PRICE RANGE

*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

01/01/2023 12/31/2023

YEAR-OVER-YEAR

01/01/2022 12/31/2022

% CHANGE 2023/2022

01/01/2023 12/31/2023

01/01/2022 12/31/2022

% CHANGE 2023/2022

$0 - $499,999

3

16

-81.3%

3

16

-81.3%

$500,000 - $699,999

16

21

-23.8%

16

21

-23.8%

$700,000 - $999,999

8

18

-55.6%

8

18

-55.6%

$1,000,000 - $1,499,999

5

7

-28.6%

5

7

-28.6%

$1,500,000 - $1,999,999

2

2

0.0%

2

2

0.0%

$2,000,000 - $2,499,999

1

1

0.0%

1

1

0.0%

$2,500,000 - $2,999,999

0

0

Not Valid

0

0

Not Valid

$3,000,000 - $4,999,999

0

0

Not Valid

0

0

Not Valid

$5,000,000 and up

0

0

Not Valid

0

0

Not Valid

Market Totals

35

65

-46.2%

35

65

-46.2%

Source : Smart MLS, Single Family Homes


P R O U D LY C L O S E D $ 6 . 5 B I L L I O N I N S A L E S A N D R E P R E S E N T E D O V E R 7, 8 0 0 B U Y E R S A N D S E L L E R S I N 2 0 2 3

PUT THE POWER OF THE # 1 B R O K E R AG E

N O R T H O F N YC T O W O R K F O R YO U .

914.220.7000

H O U L I H A N L AW R E N C E .CO M

OKMLS, MHMLS, CGNDMLS, SMARTMLS, 1/1/23-12/31/23, Total Volume Sold by company, Single Family, Westchester, Putnam, Dutchess, Columbia and Fairfield Counties combined. Source: 1/1/2023-12/31/23, total sales both on and off MLS.


3 GLOBAL NETWORKS - REACHING 56 COUNTRIES & 6 CONTINENTS Leading Real Estate Companies of the World | Luxury Portfolio International Board of Regents Luxury Real Estate


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