Dagny Eason, Fairfield County's Real Estate Blog

WHAT IS MY HOME WORTH? WILTON, CT 06897 JUNE 2015

What Is My Home Worth? Wilton, CT 06897 June 2015

 

LIVING IN WILTON, CONNECTICUT 

Located in the heart of Fairfield County, Wilton is a town nestled in the Norwalk River Valley in southerwestern Connecticut. It is located in Fairfield County. As of the 2012 Census, the town population was 18,201.

 

Wilton is an upscale residential community with open lands, historic architecture and extensive town services. Residents commonly commute to New York City, Stamford and Norwalk, although there are a number of office buildings in town. Wilton was rated one of CNN's top 25 towns to live in, boasting an average household income of over $300,000 per family.

 

Wilton's neighborhoods include: Silvermine, Georgetown, South Wilton, Wilton Center, GIlbert Corners, Cannondale, and North Wilton. 

 

 

This graph above shows the number of homes sold in Wilton each month for the past 3 years with the yellow bars representing the current year. Wilton home sales in May are almost equivalent to what they were in 2014. They were down in April comparatively to the slight increase seen in 2014 but equivalent to the home sales occurring in 2012-2013. Unlike Westport and Ridgefield which both saw decreases in home sales likely due to this past winter and Weston seeing an increase in sales, Wilton has stayed relatively average.

 

 

As this graph indicates the stronger a market gets, the more competitive bidding exists, the closer your sales price will move to your list price.  Therefore, as you can tell, the Wilton Real Estate Market is improving. The prices of homes being sold in Wilton are being sold at almost exact asking price. They are dramatically up from April as well as down comparatively higher than this time last year.

 

The above graph shows the average number of days a house will spend on the market last year by town in Fairfield County. The number of days a house in Wilton spends on the market is fairly average for the towns surrounding it in Fairfield County. It spends more time on the market than in Danbury and Norwalk, and is sold quicker than in Weston, Westport, and Newtown. The number of days on market is almost identical to Ridgefield, a neighboring town that is very similar to Wilton.

 

 The graph above displays the average price a house was sold for each month in a specific town. Wilton homes are currently at about $925,000 and were on a steady incline aside from the dramatic decrease that occurred in April.

 

 The most recent stock market collapse was during 2008. A steady decrease in average sale prices for homes in Wilton can be clearly seen above when it was difficult to buy houses at such previously high rates.

 

Despite the most recent stock market crash occurring 7 years ago, the economy has not completely recovered. However, this graph above showing the average sale prices for homes in Wilton has slowly begun to increase since 2013 as seen in the upward linear trend line.

 

 

 

 

 

 

The most recent ranking of the nation’s high schools published by U.S. News & World Report distinguished Connecticut with 11 gold medal schools, 24 silver medal schools, and 4 bronze medal schools. Of the top 10 best high schools listed, half were in the 26th district. Weston, Ridgefield, Wilton, Joel Barlow, Darien, New Canaan, and Staples High School were recognized.

 

This article has been written by Dagny Eason.

 

Feel free to call Dagny Eason to discuss this at (203) 762-1700

 

  Dagny Eason | Broker 

   Direct Line: 203-762-1700 

Website: www.DagnysRealEstate.com

Email: Dagny@DagnysRealEstate.com

 

I am hiring agents. We offer great splits, outstanding support, marketing resources, and banana bread. 

 

I am always mobile, but right now I am near Lower Fairfield County, CT

 

"He who knows he has enough is rich."

 


 

Dagny Eason's Real Estate Blog FeedsVisit Dagny's Facebook Fan Page - Become a Fan!Active Rain Top Contributor Badge

Follow Dagny on Twitter!View Dagny Eason's Profile on Linkedin

Comment balloon 2 commentsDagny Eason • June 26 2015 06:28AM
WHAT IS MY HOME WORTH? WILTON, CT 06897 JUNE 2015
share
What Is My Home Worth? Wilton, CT 06897 June 2015 LIVING IN WILTON, CONNECTICUT Located in the heart of Fairfield County, Wilton is a town nestled in the Norwalk River Valley in southerwestern Connecticut. It is located in Fairfield County. As of… more
WHAT IS MY HOME WORTH? RIDGEFIELD, CT 06877 JUNE 2015
share
What Is My Home Worth? Ridgefield, CT 06877 June 2015 LIVING IN RIDGEFIELD, CT Ridgefield, Connecticut is one of the 23 towns located in Fairfield County. According to the 2010 census, the population size is approximately 24, 638 people in this 306… more
OPEN HOUSE!! 17 Thistle Rd, Norwalk, CT SUNDAY, JUNE 21st 1-3 p. m.
share
COME TOUR THIS FABULOUS HOME!! $480, 000 17 THISTLE ROAD NORWALK, CT Great house on a great street - LOCATION, LOCATION, LOCATION! Motivated seller needs to relocate. Beautiful new kitchen, - lots of NEW! Nice large living room with… more
WHAT IS MY HOME WORTH? FAIRFIELD COUNTY CT JUNE 2015
share
What Is My Home Worth? Fairfield County CT June 2015 LIVING IN FAIRFIELD COUNTY, CONNECTICUT Fairfield County (FCC), Connecticut, is known as one of the most desirable areas in Connecticut, as well as the entire United States. There are 23 towns… more
WILTON, CT 06897 MAY REAL ESTATE MARKET 2015
share
WILTON, CT 06897 SPRING REAL ESTATE MARKET 2015 Wilton CT Located in the heart of Fairfield County, Wilton is a town nestled in the Norwalk River Valley in southwestern Connecticut. It is located in Fairfield County. As of the 2012 Census, the… more
Weston, CT 06883 - How Much Is Your Home Worth?
share
Weston, CT 06883 - How Much Is Your Home Worth? How much is your home worth in Weston CT right now in May of 2015? Is your home value growing or diminishing? Have you been updating and keeping the looks of the house current? Is the… more
Four Bedroom Colonial 17 Hidden Lake Ridge in Wilton, CT 06897
share
OPEN HOUSE MARCH 15TH 1:00 TO 4:00 P. M. A fantastic 4 bedroom colonial in a superb central sought after cul de sac location close to town in Wilton, CT! RELOCATION! MOTIVATED SELLER! LOCATION, LOCATION, LOCATION! It… more
BIG RED BARNS -Market Trends Jan 2015 Fairfield County
share
BIG RED BARNS Fairfield County, as most areas, has an abundance of red barns. I am always fascinated with red barns, especially in the winter when you have a beautiful blue sky and white snow on the ground. Absolutely beautiful. New England is full… more
SOUTHERN YANKEE
share
SOUTHERN YANKEE Southern Yankee is a handmade children's clothing line created and designed by Wilton resident Jennifer Aldinger Angerame. The clothing is handmade items made with vintage linens and other up-cycled fabrics… more
Ice Damming Damage to Your Home
share
Ice Damming Damage to Your Home Now is the time of year when we have huge snows in New England, and end up having icicles hanging from our roofs and gutters. If they come through from behind the facia boards, then you know you have the… more