The following
through May, 2013
Westport Median Selling Price
The Median Selling Price trend has
been increasing
since 2010. As of May, 2013
$1,306,000 is almost the
same as 2007 peak.
Westport Property Sales – started
increasing in 2010
and continued
through 2013. Sales of 170 in 2013 is approaching
peak in
2005.
Average days on
Market – The trend for how
long it takes
To sell a house
started improving in 2013.
Months of
Inventory – has been declining since 2009. The
6
Months of inventory May, 2013 is
almost back to normal.
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 on average.
Properties Sold
has been
increasing since 2009.
Average
Days on Market – had been increasing since 2008
but, showed an improvement in
2013.
Months of
Inventory – has been declining since 2009.
This is good for sellers and bad for
buyers.
See the
following site for real estate information
or call any
time.
203-246-7372
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
