May, 2011 through 5/25 Sales and Median Selling Price big jump over 2010
In May 2011 through 5/25, 38 properties sold for a median selling price of $1,157,000
vs. 25 in May 2010 for median price of $1,100,000
Units sold increased 90%
Median Selling Price increased 5%
And, YTD 130 properties sold for a median selling price of $1,073,000
Vs 109 for a median selling price of $900,000
Units sold increased 19%
Median Selling Price increased 19%
Summary Westport Real Estate Market Performance
Through April, 2011
The median selling price was up 20% in 2011 reversing the
trend since 2008, the number of units sold was up 11%
since last year and the average days on market was up 18%.
The number of houses and condos for sale as of May 10 was
379 or +5% vs. last month and -2% since last year. There are 10
months on inventory on the market.
Westport Median Selling Price through April, 2011
Median selling price was up 20% in 2011 vs. 2010 and down
16% since peak in 2008
.
Westport Properties sold through April, 2011
Properties sold for 6 months through February 2011 was up 11%
since same period 2010
.
Westport Average days on market through April, 2011
The average days on market was up 11% in 2011 vs.
same period 2010
Inventory of Properties for Sale in Westport
The number of houses and condos for sale as of May 10, 2011 was
379 or +5% vs. last month and -2% since last year. There are 10 months
on inventory on the market.
See the following sites for real estate information or call any time.
Regards,
Stephen Reilly
Higgins Group
Best Practice Real Estate
278 Post Road East
Westport, CT 06880
203-246-7372
licensed in Connecticut
