The following through March, 2013
Westport Median Selling Price
The Median Selling Price trend has been increasing
since 2010. However, March 2013 was down from
Jan and Feb 2013. The solid line is actual median
selling price and dotted red line is trend.
Westport Property Sales – started increasing in 2010
and continued through 2013. Blue is actual sales and red is trend.
Average days on Market – The trend for how long it
takes to sell a house has been increasing since 2010
but 2013 showed an improvement.
Months of Inventory – has been declining since 2009.
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 2010, stayed flat for a few years and
increased again in 2013.
Average Days on Market – has been declining since 2011.
Months of Inventory – has been declining since 2009.
This is good for sellers and bad for buyers.
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
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