Summary Westport real estate market performance through February, 2011
The median selling price was up 21% in 2011 reversing the trend since 2008, the number of units sold was up 4% since last year and the average days on market was down 15%.
The number of houses and condos for sale as of March 17, 2011 was 319 or +13% vs. last month and -9% since last year. The Spring Market Begins. There are 9 months on inventory on the market vs. 11 months of inventory for same period last year.
Westport Median Selling Price through February, 2011
Median selling price was up 21% in 2011 vs. 2010 and down 10% since peak in 2008
Westport Properties sold through February, 2011
Properties sold for 6 months through February 2011 was up 4% since same period 2010
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Westport Average days on market through January, 2011
The average days on market was down 15% in 2011 vs. same period 2010
Inventory of Properties for Sale in Westport
The number of houses and condos for sale as of March 17, 2011 was 319 or +13% vs. last month and -9% since last year. There are 9 months on inventory on the market vs. 11 months of inventory for same period last year.
See the following sites for real estate information or call any time.
Regards,
Stephen Reilly
Higgins Group
Best Practice Real Estate
278 Post Road East
Westport, CT 06880
203-246-7372
licensed in Connecticut
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