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Wilton Home Values Fall 10.7 Percent in Q2

In the second quarter, the value of a "mid-tier" single-family home in Wilton fell by 10.7 percent in Q2, mirroring a county-wide trend, analysts say.

According to new data from the School of Business’s Center for Real Estate and Urban Economic Studies, the value of a single-family home Wilton fell 10.7 percent in the second quarter of 2012.

The year-over-year drop—from $660,429 to $589,652 for a so-called “mid-tier” home—continues a trend in Wilton, which , according to the UConn center.

The center defines a “mid-tier” home in Wilton as 32 years old and with 2,585 square feet. Each quarter, the center produces “constant quality indices” that track the changing value of homes in Connecticut towns by minimizing variables such as inflation and seasonality, as well as the effect a low-volume sales quarter has on average prices.

The decline in Wilton reflects a downward trend in Fairfield County.

Among 18 towns in the county whose data is tracked by the center, just five municipalities—Bridgeport, Darien, Greenwich, Stamford and Trumbull—saw single-family home values increase

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Use the search form above to track the change in estimated values of a mid-range home quarter by quarter since 2000. Interested in all things Wilton? Join us to discuss town matters with your neighbors, rate local businesses, and "like" us on Facebook and follow us on Twitter!

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year-over-year for Q2. On average, the value of single-family homes in those 18 towns fell 4.8 percent from 2011 to 2012 in the second quarter, according to the center.

Join a local conversation on real estate value: A , and each story includes a narrative summary of second quarter data.

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Steve Street May 24, 2013 at 05:52 pm
Why would you post someone else's story on the patch? This isn't 'Nam, Walter. There are rules.
Steve Street May 24, 2013 at 06:03 pm
Bill I have some possible good news for you. After reading this, I stopped by the Village Market onRead More my way home from a slow, rainy day in the Center in hopes of picking up some kumquats for Filbert. They are out. So it sounds like some of our fellow Wiltonians are laying kumquats around town. I just hope the rain has not scared Filbert. Best to you and your family. I shall pray for you in Church this weekend.
Bill May 24, 2013 at 04:12 pm
UPDATE: My gas has dissipated slightly, but it's been replaced with stomach cramps. And I've hadRead More four wicked bowel movements since.
Walter Sobchak May 23, 2013 at 01:15 pm
You miss the DAZE of George W?, failing banks, auto industry going under, record high homeRead More forclosures and unemployment, etc etc. Obama is getting it right! BOSTON (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey of its accounts. Most of the recovery is linked to a stock market rally that has lifted the broad S&P 500 Index 145 percent since the close of trading on March 9, 2009. The 401(k) recovery looks even better for workers 55 and older, according to Boston-based Fidelity, the largest U.S. administrator of 401(k) retirement plans. Those pre-retirement workers have seen their average balance nearly double to $255,000 since the first quarter of 2009 when the average balance was $130,700. The analysis covers people who have been with their current employer 10 or more years, Fidelity said.
Bill May 23, 2013 at 04:39 pm
I did find the remains of a small cat, if anyone wants that. Free.
Mortimer Godfrey May 23, 2013 at 04:38 pm
Fantastic stuff here, Billy boy! Mort Godfrey
Sandra May 22, 2013 at 03:46 pm
British soldier was hacked to death with a machete. The soldier is not allowed to have a gun but theRead More terrorists had a firearm but chose to behead the soldier. The suspects spoke to camera after attack. “We swear by Almighty Allah, we will never stop fighting you until you leave us alone. The only reasons we killed this man is because Muslims are dying daily. This British soldier is an eye for an eye, a tooth for a tooth. We apologize that woman had to see this today, but in our lands our women have to see the same. You people will never be safe. Remove your government. They don’t care about you.”
Sandra May 22, 2013 at 03:39 pm
Israel knows who their enemy is and are not afraid to call them out. After 4 Americans were killedRead More by terrorists in Benghazi, when violence in the Middle East was raging, President Obama in partnership with Hillary Clinton spent $70,000 in taxpayer money on a commercial that aired on Pakistani television apologizing for the "video." We are sorry. We are going to get the man who made the video who exercised freedom of speech and arrest him. Any terrorist suspects questioned yet?