Sunday, May 19, 2013

Westport and surrounding towns Real Estate Market Trends through April from Steve Reilly

The following through April, 2013

Westport Median Selling Price
The Median Selling Price trend has been increasing
since 2010. The solid line is actual median
selling price and dotted red line is trend.


Westport Property Sales – started increasing in 2010
and continued through 2013. Blue is actual sales and red is trend.  

Average days on Market – The trend for how long it takes
To sell a house has been flat since 2009.

Months of Inventory – has been declining since 2009.

Towns surrounding Westport include (Easton, Fairfield,
Norwalk, Redding, Ridgefield, Weston and Wilton)

Median Selling Price – The median selling price has not
improved in these towns.  

Properties Sold increased in 2010, stayed flat for a few years and
increased again in 2013.

Average Days on Market – has been flat since 2008.

Months of Inventory – has been declining since 2009
with a substantial reduction in 2013. This is good for
sellers and bad for buyers.

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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