In general, the first month of the last quarter of 2015 was not promising for Wilton real estate. Sales were off 35% from the same period in 2014. The median sale for the month was down almost $45,000, or 6.7%. Only the average sale was up for the month — more than $90,000, or 13%. Inventory, as can be expected in October, was down 10% compared to September, with close to a 2% increase in average list price. However, the total inventory for Nov. 1 is up more than 33% from last year at this time.
Sales year to date are once again more than 10% below last year. The median price, while hurt by October, is still 5.6% above last year. The average sale remains fractionally (less than $3,000) under 2014. The total revenue has dropped 10.5% (almost $20,000,000) from last year. Overall, Wilton is underperforming neighboring towns except in median sale price.