Tuesday, July 19, 2011

Westport and surrounding towns real estate market performance through June, 2011 from Steve Reillys

Summary Real Estate Market Performance

Through June, 2011 vs. 2010

 

For Westport, the median selling price was up,

sales in units was up, average days on marker

was down and inventory was down. All good news.

For surrounding towns, the median selling price

was up, the number of units sold was down, average

days on marker was up and inventory was down.  

 

Summary Westport Real Estate Market Performance

through June, 2011

 

Median selling price was up 13% in 2011 vs. 2010 and down

13% since peak in 2008.

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Westport Properties sold through June, 2011

Properties sold through June 2011 was up 17% since

same period 2010 and down 18% since peak in 2007.

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Westport Average days on market through June, 2011

The average days on market was down 1% in 2011 vs.

2010

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Summary Surrounding Towns (Norwalk, Wilton, Weston,

Fairfiled, Easton, Ridgefield aand Redding) Real Estate

Market Performance through June, 2011

Median selling Price through June, 2011

Median selling price was up 4% in 2011 vs. 2010 and down

9% since peak in 2007

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Properties sold through June, 2011

Properties sold through June, 2011 was down 9%

since 2010 and down 37% since peak in 2007.

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Average days on market through June, 2011

The average days on market was up 11% in 2011 vs.

2010 and up 27% since 2007.

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Inventory of Properties for Sale in Westport

The number of houses and condos for sale as of

June 20, 2011 was down 5% vs. last month and

up 8% since last year.

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Inventory of Properties for Sale in Westport

and surrounding towns

 

The number of houses and condos for sale as of

July 15, 2011 was down 2% vs. last month and up

15% since last year.

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See the following sites for real estate information

or call any time.

www.swreilly.com

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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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