Summary Westport Real Estate Market Performance
through March, 2012
Median Selling price 2012 YTD was $1,130,000 up 12%
since last year and down 13% since the peak in 2008.
The trend is up.
Properties sold through March 2012 YTD was 66 up 14%
since last year. The trend is up.
Average Days on Market 2012 YTD was 129 up 8% since
last year. The trend is up.
Summary Surrounding Towns (Norwalk, Wilton, Weston,
Fairfiled, Easton, Ridgefield and Redding) Real Estate
Market Performance through March, 2012
Median selling price was $415,000 YTD in 2012 down 12%
since last year and down 28% since peak in 2006. The
trend is flat.
Properties sold through March 2012 was 360,
down 7% since 2011 and down 46% since peak
in 2005. The trend is flat to down.
The Average Days on Market was 146 YTD up 5% since
last year. The trend is up.
Inventory of Properties for Sale in Westport
The number of properties as of April 25, 2012
was 372 which is 12 months of inventory up 4%
since last month and up 4% since last year. The trend is flat.
.
Inventory of Properties for Sale in
surrounding towns
The number of houses and condos for sale as of March 25,
2012 was 2596 which down since last month and up since
last year. The trend is flat.
See the following site for real estate information
or call any time.
See the following link for more sales information including specific
sales by town.
http://www.higginsgroup.com/market-news/
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
2 comments:
I think the performance of real estate is better than before. This can we see from the graph.
Association Reserve Study
The significant escalating issue at present is that the certain distinct fall in U.S. property sales could deliver serious effects through the whole U.S. economic climate.
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