Westport and surrounding towns real estate market performance through June, 2012 from Steve Reilly

Summary Westport Real Estate Market Performance through June, 2012

Median Selling price 2012 YTD was $1,151,000 up 7% since last year and down 12% since the peak in 2007. The trend is up.

Properties sold through June 2012 YTD was 184 down 6% since last year. The trend is flat.

Average Days on Market 2012 YTD was 151 up 9% since last year. The trend is up slightly.

Summary Surrounding Towns (Norwalk, Wilton, Weston, Fairfiled, Easton, Ridgefield and Redding) Real Estate Market Performance through June, 2012

Median selling price was $462,000 YTD in 2012 down 9%

since last year. The trend is flat.

Properties sold through June 2012 was 1059 up 3% since 2011. The trend is flat.

The Average Days on Market was 205 YTD up 5% since last year. The trend is up.

Inventory of Properties for Sale in Westport

The number of properties as of July 15, 2012 was 359 which is 7 months of inventory the same as last year.

The trend is flat.

Inventory of Properties for Sale in surrounding towns

The number of houses and condos for sale as of July 15, 2012 was 1932 which represents 8 months of inventory. This

Is down since last month and down since last year. The trend Is flat.

See the following site for real estate information or call any time.

www.swreilly.com 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

swreilly@swreilly.com

www.swreilly.com

licensed in Connecticut

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