Summary Westport Real Estate Market Performance
through April, 2012
Median Selling price 2012 YTD was $1,130,000 up 6%
since last year and down 11% since the peak in 2008.
The trend is up.
Properties sold through April 2012 YTD was 87 down
4% since last year. The trend is flat.
Average Days on Market 2012 YTD was 113 down
10% since last year. The trend is flat.
Summary Surrounding Towns (Norwalk, Wilton, Weston,
Fairfiled, Easton, Ridgefield and Redding) Real Estate
Market Performance through April, 2012
Median selling price was $433,000 YTD in 2012 down 12%
since last year and down 25% since peak in 2006. The
trend is flat.
Properties sold through April 2012 was 519, down 6%
since 2011 and down 9% since peak in 2004. The trend
is flat to down.
The Average Days on Market was 138 YTD up 2% since
last year. The trend is up.
Inventory of Properties for Sale in Westport
The number of properties as of May 31, 2012
was 394 which is 13 months of inventory up 6%
since last month and up 10% since last year.
The trend is up slightly.
.
Inventory of Properties for Sale in
surrounding towns
The number of houses and condos for sale as of
May 31, 2012 was 2746 which down since last
Month and up 6% since last year. This represents
11 -25 (by town) months of inventory The trend is up.
See the following site for real estate information
or call any time.
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
No comments:
Post a Comment