12 Month Sales Activity
Housing Stats
(change from previous month)
| Median Sale Price: | $685,000 |
| change: | 10.66% |
| YTD change: | 29.61% |
| Units Sold: | 13 |
| change: | 0.00% |
| Active Listings: | 62 |
| change: | 1.64% |
| New Listings: | 20 |
| change: | 5.26% |
| Days on Market: | 42 |
| change: | -2.33% |
| Months of Supply: | 4.30 (Stable Market) |
| change: | -8.51% |
Economic News:
Stock Market: November saw all three major US markets rise sharply, as investors were encouraged with the news of two coronavirus vaccines showing favorable trial results, even while new cases continued to rise. The NASDEQ was up11.9%, S&P 500 up 10.75% and the Dow Jones was up 11.84%.
Employment: Employment rose by 245,000 jobs in November, and the unemployment rate lowered slightly to 6.7%, according to the U.S. Bureau of Labor Statistics. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In November, notable job gains occurred in transportation and warehousing, professional and business services, and health care, while employment declined in government and retail trade.
Real Estate: According to realtor.com’s 2021 housing forcast, the current seller’s market is likely to continue. Low inventory and interest rates combined with strong buyer competition will continue to drive prices upwards. Buyers will suffer from low inventory, as higher prices will erase gains ofset by low interest rates, challenging affordability.
2020 Local Real Estate Price Trends:
November was another great month for home sales prices. Year-to-date median sales prices continued to be on the rise for most local towns when compared to 2019’s first 11 months. All towns show increases in median sales price, with many over 10%.
| 1/19-11/19 | 1/20-11/20 | Change | |
| Bethel | $345,000 | $386,550 | 12.04% |
| Bridgeport | $204,000 | $240,000 | 17.65% |
| Easton | $562,500 | $579,000 | 2.93% |
| Fairfield | $580,000 | $665,000 | 14.66% |
| Milford | $305,000 | $350,000 | 14.75% |
| Monroe | $362,500 | $412,500 | 13.79% |
| Newtown | $380,100 | $430,000 | 13.13% |
| Norwalk | $485,128 | $535,000 | 10.28% |
| Orange | $375,000 | $385,500 | 2.80% |
| Redding | $527,000 | $560,500 | 6.36% |
| Ridgefield | $628,250 | $699,000 | 11.26% |
| Shelton | $339,000 | $377,000 | 11.21% |
| Stratford | $250,000 | $291,000 | 16.40% |
| Trumbull | $385,000 | $430,000 | 11.69% |
| Weston | $685,000 | $805,000 | 17.52% |
| Westport | $1,142,857 | $1,341,000 | 17.34% |
| Wilton | $697,500 | $800,500 | 14.77% |
Improvements for First Time Homeowners:
Prices For Fences On The Rise:
With the pandemic, homeowners are seeking more privacy and security. The demand for fences has driven up prices. Since the begining of 2020, the price for pressure treated wood as more than doubled.
Easton Sales Trends: January-November
November Single-Family Home Sales
(OLP: original list price • LP: list price • SP: sale price • DOM: days on market)
| Address | Style | sq ft | BR | BA (f/h) | OLP | LP | SP | SP/OLP | DOM |
| 31 Kachele St | Colonial | 4,829 | 4 | 4/1 | $699,900 | $699,900 | $685,000 | 98% | 61 |
| 141 Beers Rd | Colonial | 3,164 | 3 | 2/2 | $1,099,000 | $1,099,000 | $1,099,000 | 100% | 37 |
| 185 Staples Rd | Colonial | 4,568 | 5 | 3/1 | $999,000 | $999,000 | $1,155,000 | 116% | 42 |
| 164 Bibbins Rd | Colonial, Mediterranean | 4,906 | 4 | 4/3 | $1,299,000 | $1,299,000 | $1,325,000 | 102% | 43 |
| 229 Adams Rd | Cape Cod, Colonial | 1,523 | 4 | 1/1 | $399,900 | $399,900 | $390,000 | 98% | 28 |
| 19 Blanchard Rd | Ranch | 3,148 | 3 | 2/1 | $535,000 | $535,000 | $540,000 | 101% | 32 |
| 9 Marsh Rd | Colonial | 2,172 | 3 | 2/0 | $669,000 | $669,000 | $669,000 | 100% | 13 |
| 300 Staples Rd | Colonial | 7,082 | 6 | 4/2 | $1,065,000 | $999,000 | $945,000 | 89% | 116 |
| 29 Weathervane Dr | Cape Cod | 4,941 | 5 | 6/0 | $1,100,000 | $1,100,000 | $1,100,000 | 100% | 17 |
| 25 Sport Hill Pkwy | Colonial | 1,828 | 4 | 2/0 | $699,000 | $699,000 | $702,500 | 101% | 18 |
| 23 Heritage Dr | Colonial | 4,706 | 4 | 2/1 | $725,000 | $699,000 | $670,000 | 92% | 125 |
| 22 Senior Dr | Ranch | 2,483 | 3 | 2/0 | $599,000 | $599,000 | $625,000 | 104% | 47 |
| 20 Rock House Rd | Raised Ranch | 2,208 | 3 | 1/1 | $420,000 | $399,900 | $360,000 | 86% | 159 |
| Units Sold: 13 | $699,900 | $699,000 | $685,000 | 100% | 42 |