The end of the year in Wilton real estate followed the pattern of the rest of 2014. December saw a drop of close to 48% in unit sales compared to December 2013. However, the median sale price rose more than $150,000, or almost 21%, to somewhat balance things. However, the average price dipped more than $211,000, or just under 19%. This is not surprising, given that the highest sale ever recorded on the current Multiple Listing Service occurred in December 2013. Inventory ended the year slightly higher than last year but the average price was $200,000 lower.
The slow end of the year left 2014 trailing 2013 in unit sales by 11.5%. While still a disappointing 30 homes behind the previous year, the total was the second highest since 2006. The median sale held on to a 2.5% gain, $20,000 ahead of last year. Meanwhile, the average sales price tightened to a 1% gain, up just over $5,000. Total revenue ended the year trailing 2013 by slightly over 11%, down more than $25 million.