Real Estate Market Performance July, 2010
On September 28, 2010 Case Shiller reported that in July, 2010 home prices increased .6% from last month in top 20 markets and increased 3.2% since last year. For the NY market, which most closely represents the Fairfield County Market, prices increased 1.3% since last month and .6% since last year.
For Westport prices increased 15% since last month and decreased 2% since last year, For Westport and surrounding towns, prices decrease 5% since last month and increased 4% since last year.
| July 2010 Market Performance | |||
|
| Vs last month | Vs last year |
|
| Case Shiller NY Market | +1.3% | +.6% |
|
| Westport | +15% | -2% |
|
| Westport and surrounding towns | -5% | +4% |
|
This proves once again that real estate is a local matter so ask your trusted Realtor what’s going on your neighborhood.
The S&P/Case-Shiller Home Price Indices are the leading measures for the US residential housing market, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. The indices are calculated monthly and published with a two month lag. New index levels are released at 9am Eastern Standard Time on the last Tuesday of every month.
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