Tuesday, June 28, 2011

Westport and surrounding towns real estate market performance through May, 2011 from Steve Reilly

Summary Westport Real Estate Market Performance

Through May, 2011

 

The median selling price was up 18% in 2011, the number

of units sold was up 23% since last year and the average

days on market was up 2%.

The number of houses and condos for sale as of June 20 was

416 or +16% vs. last month and -3% since last year.  

 

Westport Median Selling Price through May, 2011

Median selling price was up 18% in 2011 vs. 2010 and down

13% since peak in 2008

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Westport Properties sold through May, 2011

Properties sold through May 2011 was up 23% since

same period 2010

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Westport Average days on market through May, 2011

The average days on market was up 2% in 2011 vs.

same period 2010

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Summary Surrounding Towns (Norwalk, Wilton, Weston,

Fairfiled, Easton, Ridgefield aand Redding) Real Estate

Market Performance through May, 2011

Median selling Price through May, 2011

Median selling price was up 2% in 2011 vs. 2010 and down

12% since peak in 2007

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Properties sold through May, 2011

Properties sold for 6 months through February 2011

was down 8% since same period 2010

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Average days on market through May, 2011

The average days on market was up 15% in 2011 vs.

same period 2010

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Inventory of Properties for Sale in Westport and surrounding towns

The number of houses and condos for sale as of June 20, 2011 was

3824 or +9% vs. last month and -19% since last year.

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

www.swreilly.com

Regards,

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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

licensed in Connecticut

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