Westport and surrounding towns Real Estate Market Trends from Steve Reilly

Westport Median Selling Price

The Median Selling Price started increasing in 2012 and continued improving in early January, 2013. It

will be interesting to see if the trend continues through

2013. Solid line is actual performance and dotted line is trend.

Westport Property Sales - started increasing in 2009 and continued in 2012. If you want to see 2013 email or call. Average days on Market - increased in 2012 with trend

Down. I think the trend is more important indicator

If you want to know how long on average it takes to sell a house email or call.

. Months of Inventory - declined big time in 2012. There Was 7 months of inventory at end of 2012 when the peak Was 19 in 2008.

Same for months of inventory Enail or call if you want to Know 2013 performance..

Towns surrounding Westport include

(Easton, Fairfield, Norwalk, Redding, Ridgefield, Weston and Wilton)

Median Selling Price - The median selling price has not improved in these towns.

Properties Sold increased in 2012. Email or call if you

Want to know 2013 performance.

Average Days on Market - has been declining since 2010.

Email or call if you want to know 2013 performance. Months of Inventory - has been declining since 2008. This is good for sellers and bad for buyers.

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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Westport and surrounding towns Real Estate Market Trends from Steve Reilly

Westport Median Selling Price

The Median Selling Price started increasing in 2012 and continued improving in early January, 2013. It

will be interesting to see if the trend continues when we know all sales for January and as the year unfolds.

My guess is that the upward trend will continue but not at the accelerated rate we saw in early January.

Westport Property Sales - started increasing in 2009 and continued in 2012..

Average days on Market increased in 2012 with trend

Down. I think the trend is more important indicator.

Months of Inventory declined big time in 2012. There is currently 7 months of inventory when the peak was 19 in 2008.

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

Median Selling Price - The median selling price has not improved in these towns.

Properties Sold increased in 2012.

Average Days on Market - has been declining since 2010.

Months of Inventory - has been declining since 2008. This is good for sellers and bad for buyers.

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