Market Trends
through November, 2013 from Steve Reilly
Reminder we focus on trends not
monthly swings.
The following
through November, 2013
Westport Median Selling Price
The Median Selling Price trend has been increasing
since 2009. November, 2013 was 5%
less than
peak in
2007.
Westport Property Sales – The trend has been
Increasing since 2009. October was 14% less
than peak in
2004.
Average days on
Market – The trend for how
long
it takes to sell
a house has been improving since 2009.
Months of
Inventory –The trend was improving
until 2013 when inventory
increased.
Towns surrounding
Westport include (Easton, Fairfield,
Norwalk,
Redding, Ridgefield,
Weston and Wilton)
Median
Selling Price – The median selling price has
been flat since 2009 with
slight improvement in 2013.
Properties Sold
The trend
as been improving since
2009.
Average
Days on Market – has been improving
since 2009.
Months of
Inventory – has been declining since 2011.
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
