Summary Real Estate Market Performance
Through September, 2011 vs. 2010
For Westport, sales were 309 up 3% and the
median selling price was $1,050,000 up 4%.
For surrounding towns, sales were 1541 down
10% and the median selling price was $549,000
up 6%.
For Westport, inventory of properties for sale
was 357 which represents 11 months of inventory.
For surrounding towns, inventory of properties
For sale was 2624 which represents 11 months
of inventory.
.
Summary Westport Real Estate Market Performance
through September, 2011
Median Selling price 2011 YTD $1,050,000, up 4% in 2011
vs. 2010 YTD, down 25% since last month, and down 22%
since the peak in 2008.
Properties sold through September 2011 YTD 309, up 3%
since last month YTD, down 35% since last month
and down 32% since peak in 2004.
Average Days on Market 2011 YTD was 104, up 5% in 2011
vs. 2010 and up 37% since best year 2004.
Summary Surrounding Towns (Norwalk, Wilton, Weston,
Fairfiled, Easton, Ridgefield aand Redding) Real Estate
Market Performance through September, 2011
Median selling price was $549,000 YTD through September,
Up 6% in 2011 vs. 2010, down 8% since peak in 2007 and
Down 1% since last month.
Properties sold through September 2011 was 1541,
Down 10% since 2010, 19% since last month and
down 37% since peak in 2007.
The Average Days on Market was 117 YTD through September,
Up 9% since last year
Inventory of Properties for Sale in Westport
The number of properties as of October 21, 2011
was 357
This represents 11 months of inventory, is down
1.9 % since Last month and down 9.4% since
last year.
Inventory of Properties for Sale in
surrounding towns
The number of houses and condos for sale as of
October 21, 2011 was 2624
Down 1.2 vs. last month and down 1.3% since last year.
This represents 11 months of inventory
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
www.swreilly.com
licensed in Connecticut
