Westport CT Housing and Real Estate Market Report Week of 5/7/14

There are now 325 homes that are actively on the market. These currently available properties have been listed for average of 105 days, with a cumulative market time of 165 days. The average list price is now $2,444,926 and the median price remains fairly steady at $1,899,900.

A new five bedroom colonial at 8 Bluewater Lane is the highest priced home for sale at $14,500,000, and the lowest available priced home is a two bedroom home on Conte Place for $375,000.

Twenty-one new listings came on the market in the last seven days, and three properties came back on the market after being under deposit, or temporarily withdrawn. Thirteen properties had a price change.

Thirteen properties have gone under the initial deposit stage, which we call CTS, and another 11 properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these 11 pending properties is $1,589,500. There are currently 31 homes in CTS status throughout Westport, and another 65 properties scheduled to close town-wide, with an average price of $1,644,038.

Closings:  There were 15 single family homes reported as sold in the last week, and were listed on average at $1,988,100, and sold with an average  market time of 104 days. There were 93 status changes in the last seven days.

Condos:  There are 14 condominiums that are available, and they have been listed an average of 69 days. Their average listing price is $699,357 and the median price is $737,000.

The highest priced condo in town is $1,265,000 and is a three bedroom home located at Terra Nova Circle, and the lowest priced unit for sale is a one bedroom home on Sylvan Lane for $304,000.

There were two new listings this week, and no homes came back on the market after being under deposit. There was one price change, and one property entered into the initial stage of deposit, which was listed at $530,000.

There is one property town-wide that is currently in CTS status, and three homes that are scheduled to close, which are listed on average at $868,000.

Three sales were reported during the last week, and were listed on average at $622,333. There were eight status changes reported.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 30 homes or apartments available. The median price is $5,625 per month and the average price is $6,518 per month. These year round rental opportunities have been on the market an average of 37 days.

There are 35 short-term rental opportunities that are available, and they have been on the market an average of 47 days. Their average price is $17,437, and the median price is $15,000. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

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"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Westport?  Contact us!

If you have a question about buying or selling Real Estate in  Westport, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com      

www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Westport CT Housing and Real Estate Market Report Week of 3/3/14

There are now 256 homes that are actively on the market, and that represents a net gain of 16 homes from last week. These currently available properties have been listed for average of 106 days, with a cumulative market time of 182 days. The average list price is now $2,546,274 and the median price is now  $1,998,500.

Twenty-four listings came on the market in the last seven days, and eight properties came back on the market after being under deposit, or temporarily withdrawn. Ten properties had a price change.

Eight properties have gone under the initial deposit stage, which we call CTS, and nine properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these nine pending properties is $1,995,778. There are currently 31 homes in CTS status throughout Westport, and another 42 properties scheduled to close town-wide, with an average price of $1,915,452.

Closings:  There were eight single family home reported as sold in the last week, and were listed on average at $1,116,438, and sold with an average  market time of 103 days. There were 77 status changes in the last seven days.

Condos:  There are 11 condominiums that are available, and they have been listed an average of 58 days. Their average listing price is $719,000 and the median price is $749,000.

There was one new listing this week, and no homes came back on the market after being under deposit. There was one price change, and two properties entered into the initial stage of deposit.

No homes entered the pending stage of deposit.

There are two properties town-wide that are currently in CTS status, and one home is scheduled to close, which is listed at $682,500.

One sale was reported during the last week, and was listed at $925,000. There were four status changes reported.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 37 homes or apartments available. The median price is $3,500 per month and the average price is $4,772 per month. These year round rental opportunities have been on the market an average of 46 days.

There are 17 short-term rental opportunities that are available, and they have been on the market an average of just 21 days. Their average price is $21,041,  and the median price is $18,500. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Westport?  Contact us!

If you have a question about buying or selling Real Estate in  Westport, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com      

www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Westport CT Housing and Real Estate Market Report Week of 2/19/14

There are now 232 homes that are actively on the market, which is roughly the same as last week. These currently available properties have been listed for average of 111 days, with a cumulative market time of 191 days. The average list price is now $2,545,739, and the median price has gone up slightly to $1,997,000.

A new five bedroom colonial at 8 Bluewater Lane is the highest priced home for sale at $14,500,000, and the lowest available priced home is a two bedroom home on Crescent Park for $289,000.

Fourteen listings came on the market in the last seven days, and two homes came back on the market after being under deposit. Four properties had a price change.

Eleven properties have gone under the initial deposit stage, which we call CTS, and four properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these four pending properties is $1,274,125. There are currently 29 homes in CTS status throughout Westport, and another 38 properties scheduled to close town-wide, with an average price of $1,757,355.

Closings:  There were five single family homes reported as sold in the last week, were listed on average at $937,700, and sold with an average market time of just 99 days. There were 47 status changes in the last seven days.

Condos:  There are 12 condominiums that are available, and they have been listed an average of just 49 days. Their average listing price is $703,325 and the median price is $737,000.

The highest priced condo in town is $899,000 and is a two bedroom home located at Regents Park, and the lowest priced unit for sale is a four bedroom home on Oakview Lane for $489,000.

There were no new listings this week, and no homes came back on the market after being under deposit. There were no price changes, and no properties entered into the initial stage of deposit.

One home entered the pending stage of deposit, and was listed at $682,500.

There are no properties town-wide that are currently in CTS status, and two homes are scheduled to close, which are listed on average at $803,750.

No sales were reported during the last week. There was one status changes reported.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 41 homes or apartments available. The median price is $3,950 per month and the average price is $5,194 per month. These year round rental opportunities have been on the market an average of 44 days.

There are 20 short-term rental opportunities that are available, and they have been on the market an average of 62 days. Their average price is $13,100,  and the median price is $11,750. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Westport?  Contact us!

If you have a question about buying or selling Real Estate in  Westport, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com      

www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Westport CT Housing and Real Estate Market Report Week of 2/12/14

There are now 234 homes that are actively on the market, which represents roughly a five percent increase from the prior week. These currently available properties have been listed for average of 106 days, with a cumulative market time of 191 days. The average list price is now $2,566,357, and the median price remains reasonably stable at $1,985,000.

A new five bedroom colonial at 8 Bluewater Lane is the highest priced home for sale at $14,500,000, and the lowest available priced home is a two bedroom home on Crescent Park for $289,000.

Twenty-nine new listings came on the market in the last seven days, and no homes came back on the market after being under deposit. Three  properties had a price change.

Eleven properties have gone under the initial deposit stage, which we call CTS, and 10 properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these 10 pending properties is $1,67,050. There are currently 24 homes in CTS status throughout Westport, and another 39 properties scheduled to close town-wide, with an average price of $1,692,985.

Closings:  There were four single family homes reported as sold in the last week, were listed on average at $1,367,225, and sold with an average market time of just 161 days. There were 63 status changes in the last seven days.

Condos:  There are 12 condominiums that are available, and they have been listed an average of just 42 days. Their average listing price is $703,325 and the median price is $737,000.

The highest priced condo in town is $899,000 and is a two bedroom home located at Regents Park, and the lowest priced unit for sale is a four bedroom home on Oakview Lane for $489,000.

There were two new listings this week, and no homes came back on the market after being under deposit. There were no price changes, and one property entered into the initial stage of deposit.

One home entered the pending stage of deposit, and was listed at $935,000.

There is one property town-wide that is currently in CTS status, and one home that is scheduled to close, which is listed at $925,000.

One sale was reported during the last week, and was listed at $925,000. There were five status changes reported.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 45 homes or apartments available. The median price is $4,000 per month and the average price is $4,950 per month. These year round rental opportunities have been on the market an average of 53 days.

There are 22 short-term rental opportunities that are available, and they have been on the market an average of 70 days. Their average price is $10,945,  and the median price is $8,000. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

 SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Westport?  Contact us!

If you have a question about buying or selling Real Estate in  Westport, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com      

www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Westport CT Housing and Real Estate Market Report Week of 2/3/14

There are now 223 homes that are actively on the market, and inventory continues to grow at a seasonal pace. These currently available properties have been listed for average of 110 days, with a cumulative market time of 195 days. The average list price is now $2,549,056, and the median price remains reasonably stable at $1,999,000.

A new five bedroom colonial at 8 Bluewater Lane is the highest priced home for sale at $14,500,000, and the lowest available priced home is a two bedroom home on Crescent Park for $289,000.

Twenty-eight new listings came on the market in the last seven days, and no homes came back on the market after being under deposit. Seven  properties had a price change.

Twelve properties have gone under the initial deposit stage, which we call CTS, and six properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these six pending properties is $1,798,983. There are currently 26 homes in CTS status throughout Westport, and another 33 properties scheduled to close town-wide, with an average price of $1,843,176.

Closings:  There were three single family homes reported as sold in the last week, were listed on average at $1,348,000, and sold with an average market time of just 115 days. There were 72 status changes in the last seven days.

Condos:  There are nine condominiums that are available, and they have been listed an average of just 47 days. Their average listing price is $709,656 and the median price is $749,000.

The highest priced condo in town is $899,000 and is a two bedroom home located at Regents Park, and the lowest priced unit for sale is a one bedroom home on Riverside Avenue for $497,000.

There were three new listings this week, and no homes came back on the market after being under deposit. There were no price changes, and no properties entered into the initial stage of deposit.

Two homes entered the pending stage of deposit, and were listed on average at $930,000.

There are no properties town-wide that are currently in CTS status, and two homes that are scheduled to close, which are listed on average at $930,000.

Two sales were reported during the last week, and were listed on average at $695,500. There were 10 status changes reported.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 34 homes or apartments available. The median price is $4,500 per month and the average price is $5,412 per month. These year round rental opportunities have been on the market an average of 70 days.

There are 18 short-term rental opportunities that are available, and they have been on the market an average of 80 days. Their average price is $10,006,  and the median price is $6,900. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

 SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Westport?  Contact us!

If you have a question about buying or selling Real Estate in  Westport, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com      

www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY