Thursday, May 30, 2013

Westport real estate market is out performing national averages from Steve Reilly



Case Shiller (Standard and Poors nationally recognized authority
on the real estate market) reported this week that the median selling
price of homes was up 10.3% in March 2013 vs March 2012 Top 10
markets and up 10.5% in top 20 markets. The monthly numbers
are misleading as they tend to jump around. What we should
watch are trends over a period of time.

According to Case Shiller the 1Q 2013 vs 1Q 2013 performance was
also positive. Up 8.7% Top 10 markets and up 9.5% top 20 markets

Westport median selling price was up 22.27% 1Q 2013 vs. 1Q 2012

Towns around Westport median selling price was up 5.6% 1Q 2013
vs. 1Q 2012



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