Westport
and surrounding towns Real Estate Market Trends
through
March 2015 from Steve Reilly
We focus on trends not monthly
swings.
Westport Median Selling Price
The Median Selling Price trend had been increasing from 2010 to 2013.
But, has been
Declining since 2013.
Westport
Property Sales – The trend had been Increasing
2009 to 2013 but 2014
Reversed
this trend as number of sales was less in 2014 and 2015.
Average
days on Market – The trend for how long it takes longer to sell a house
Had
been declining since 2012 but 2015 was slight increase since 2014.
Months of
Inventory –The trend had been for less inventory available for sale
2008 to 2013
but since 2013 there have been more properties available for sale.
Towns
surrounding Westport include (Easton,
Fairfield, Norwalk, Redding, Ridgefield,
Weston and
Wilton)
Median
Selling Price – The median selling price trend has been flat since 2009.
Properties
Sold The
trend has
been increasing since 2009.
Average Days on Market – The trend of how long it takes to see a
house has
been declining since 2011.
Months of
Inventory – trend had been declining 2009 to 2013 but 2014 reversed
this trend
as there are more properties available for sale.
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
