Summary Westport Real Estate Market Performance
through May, 2012
Median Selling price 2012 YTD was $1,103,000 up 2.95%
since last year and down 35% since the peak in 2007.
The trend is up.
Properties sold through May 2012 YTD was 125 down
9% since last year. The trend is down since 2011.
Average Days on Market 2012 YTD was 122 up
8% since last year. The trend is flat.
Summary Surrounding Towns (Norwalk, Wilton, Weston,
Fairfiled, Easton, Ridgefield and Redding) Real Estate
Market Performance through May, 2012
Median selling price was $433,000 YTD in 2012 down 8%
since last year and down 35% since peak in 2005. The
trend is down.
In towns surrounding Westport, properties sold through
May 2012 was 747 up 2% since 2011. The trend is flat.
The Average Days on Market was 132 YTD up 2% since
last year. The trend is up.
Inventory of Properties for Sale in Westport
The months of inventory on the market for sale
was 11 in May, 2012. The recent trend is up recently.
.Inventory of Properties for Sale in
surrounding towns
The months of inventory available for sale in
May was 10. The recent trend is down.
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
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