Monday, December 1, 2014

Westport and surrounding towns Real Estate Market Trends through October, 2014 from Steve Reilly




through October, 2014 from Steve Reilly

We focus on trends not monthly swings.

Westport Median Selling Price

The Median Selling Price trend had been increasing since 2011. But, 2014
was a reduction from 2013.


The median selling price for the month of October has been increasing since 2012.


Westport Property Sales The number of properties sold had been Increasing since 2009 but 2014
was less than 2013

 


Average days on Market – The trend shows that it took less time to sell a property
2010 to 2013 but 2014 reversed this trend as it took longer to sell a property in 2014
than 2013.

 

 Months of Inventory –The trend has been for less inventory available for sale since 2012 with 2014 about the same as 2013. 



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

Median Selling Price – The median selling price trend has been increasing since 2012. 

 


Properties Sold The trend had been increasing since 2009. However, there was a
decrease in 2014. 

 

 Average Days on Market – It has taken less time to sell a property 2010 to 2013 with 2014 about the same as 2013. 



Months of Inventory – trend has been decreased inventory available for sale since 2011. 

 

                                             
Please call if you would like to know how your town or street is performing

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