Friday, January 28, 2011

Westport, Wilton, Weston, Norwalk and Fairfield condo market performance through December, 2010 from Steve Reilly

Westport, Wilton, Weston, Norwalk and Fairfield condo market performance through December, 2010 from Steve Reilly

Median Selling Price:

The median selling price for 2010 YTD thorough December was about the same as 2009, down 1.5% ($321,000 vs. $326,000). This is down 7% from peak in 2006.

Properties sold through December, 2010

The number of properties sold 2010 YTD thorough December

was up 7.5% vs. 2009 (370 vs. 344). 

Westport Average days on market through December, 2010

The average days on market was up 4% vs. 2009 (119 vs. 114).

Inventory of Condos for Sale in Westport, Wilton, Weston, Norwalk and Fairfield

The number of condos for sale as of January 24, 2011 was 325 or 10.6 months on inventory.

See the following sites for real estate information or call any time.

www.swreilly.com

www.westport-homestore.com

Regards,

Stephen Reilly

Higgins Group

Best Practice Real Estate

278 Post Road East

Westport, CT 06880

203-246-7372

swreilly@swreilly.com

www.westport-homestore.com

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