Tuesday, July 13, 2010

Real Estate Market Information© for Westport and surrounding towns (Through June, 2010 as of July 12, 2010)

Westport

Median Selling Price: The median selling price for 2010 YTD thorough June was the same as same period in 2009 ($940,000)

Properties sold: The number of properties sold for 2010 YTD thorough June was up significantly from same period in 2009 (115 vs 65 for 75% increase).

Average days on Market: The average days on market was down slightly in 2010 YTD (110 vs 126).

Westport and surrounding towns ( Westport , Wilton , Weston, Norwalk , Fairfield , Easton , Ridgefield , Redding and Bridgeport )

Median Selling Price: The median selling price for 2010 YTD thorough June was up 5% from the same as same period in 2009 ($395,000 vs. $347,000)

Properties sold: The number of properties sold for 2010 YTD thorough June was up significantly from same period in 2009 (1826 vs 1244 for 54% increase).

Average days on Market: The average days on market was same in 2010 YTD (106 vs 106).

You can see trends at this link http://www.swreilly.com/marketinformation/selected_towns_sales_trend_through_june_2010.htm

And, detail by town at this link: http://www.swreilly.com/marketinformation/SF_and_CN_by_town_through_june_2010.htm


Inventory of Properties for Sale in Westport and surrounding towns


The number of properites for sale sale had been increasing since November, 2009 but it took a sharp reduction in 2010.

You can see detail by town and tredn at the following linls:

Inventory of properties for sale http://www.swreilly.com/marketinformation/inventory_SF_and_CN_by_town_through_july12_2010.htm

Trend http://www.swreilly.com/marketinformation/inventory_trend_july12_2009.htm


The accuracy of this information relies on the source which is CMLS.

Stephen Reilly
Higgins Group
Best practice Real Estate
203-246-7372
swreilly@swreilly.com

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