Real Estate Market Report for Weston, CT – January 2017

The number of active listings (117 total) was down 30% from January 2016 (167) and down 1% from December 2016 (118). The median listing price for the month was $899,000 (down from $969,900 in January 2016). Compared to last year, the average number of days that units spent on the market before being sold decreased 11% (from 183 to 163). The median sale price was $613,000, down from the median sale price of $800,000 the previous month and up from the median sale price of $480,000 in January 2016. Year over year, the number of units sold increased 67% (5 in January 2017 vs. 3 in January 2016). The number of units sold decreased by 50% from the previous month (10 units were sold in December 2016).