December brought both a strong close to 2013 and some positive trends to the Wilton market. The number of sales for the month was higher than any other December since 2005 and more than double 2012. The median was $731,688, 8.4% (somewhat more than $55,000) higher than last year. The average sale, boosted by the two highest sales of 2013 (one being the highest-recorded MLS sale in Wilton) was over $400,000 (or 60 %+) higher than last year for the month. The inventory shrank to 79 listings on Jan. 1, the lowest in eight years. The drop in listings has also raised the average price higher than we have seen in those eight years.
For the year 259 houses were sold, 18% ahead of 2012 and the strongest year for sales since 2005. Median price was up 10%, close to $70,000. The average for the year was up a very strong 16% over $125,000. And, as might be expected, the total homes sold were extremely impressive, up over 37%.