MARKET REPORT
January through December 2011
SINGLE FAMILY - WESTPORT, CT
|
|
Number |
% Change |
Average |
% Change |
Inventory |
|
Currently on Market |
350 |
|
$2,069,088 |
|
|
|
Sold 2011
|
350 |
-6% |
$1,334,901 |
-7% |
12 months |
|
Sold 2010
|
374 |
|
$1,441,027 |
|
14 months |
Single family home sales have slowed in Westport, CT by 6% from the previous year. This is better than Fairfield,which had sloweed 13%. There is currently a one year supply of single family homes in Westport, which is better than the 14 months of inventory in 2010. Prices have decreased by 7% over the prior year. It is still solidly a Buyer's Market in Westport. Homes were selling at 94% of list price in 2011 compared to 93% in 2010.
If you are interested in buying or selling a home in Westport, CT, please call me at 203-521-0768.
 |
|
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If you are a seller looking for an Internet-savvy marketing strategy or a buyer who is interested in working with an agent with in-depth knowlege of Fairfield County, I would be glad to assist you.
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