Westport CT Single Family Home and Condo Sale Details March 2012

There were nineteen single family home sales reported through the Greater Fairfield County Multiple Listing System in the town of Westport during the month of March, 2012.

The average sales price was $1,748,811 and the average market time was 143 days.

Total closed Sales Volume for the month of  March 2012 was $33,227,425

There was one condominium home sale reported through the Greater Fairfield County Multiple Listing System in the town of Westport during the month of March, 2012.

The average sales price was $645,000 and the average market time was 111 days.
Total closed Sales Volume for the month of March 2012 was $645,000

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.

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

Westport CT Real Estate Market Update Week of March 27, 2012

There is nearly a four percent increase in inventory in this past week alone, and there are now 338 homes that are actively on the market, and their average list price is  $2,119,365.  These properties that are currently available  have been listed for average of 108 days, and the median price has risen slightly to $1,350,000.

The highest asking price for all homes currently on the market is
$19,900,000, and the lowest available priced home is $192,900.

Twenty-three new listings came on the market in the last seven days, and two homes came back on the market after being under deposit. Eleven properties
had a price change.

Fourteen properties have gone under the initial deposit stage, which we call
CTS, and eight 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 eight pending properties was $1,583,336 and they
were on the market an average of 114 days.

Closings: Two homes were reported as sold in the last week, and their
average list price was $2,835,000. Average market time for these sold
properties was 116 days. There were 69 status changes in the last seven
days.

Condos: There are nineteen condominiums that are available, and they have
been listed an average of 159 days. Their average listing price is
$642,415,  and the median price is  $519,999. The highest priced condo in
town is listed at $1,495,000 and the lowest offering price is $299,000.

There was one new listing this past week, and no properties came back on the market after being under deposit. Two properties had a price change. Three properties went into the CTS stage, while no properties entered into the pending stage of deposit.
No condominiums were reported as sold in the last seven days. There were six status changes.

Rentals: If you are interested in renting year round, either furnished or
unfurnished, there are 63 homes or apartments available. The median price
is $3,500 per month and the average price is $5,562 per month. These year round
rental opportunities have been on the market an average of 78 days.

The short-term rental market is continuing to flourish and a steady increase over the past few week brings the current total  to 42 seasonal rental opportunities that are  available, and they
have been on the market an average of 37 days.  Their  average price is
$20,384, and the median price is $13,750. 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.

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

Westport CT Real Estate Market Update Week of March 20, 2012

There are 326 homes that are actively on the market, and their average
list price is $2,087,620.  These properties that are currently on the
market  have been listed for average of 110 days, and the median price has remained for the time being at $1,323,500.

The highest asking price for all homes currently on the market is
$19,900,000, and the lowest available priced home is $192,900.

Fifteen new listings came on the market in the last seven days, and one home came back on the market after being under deposit. Fifteen properties
had a price change.

Seven 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 was $1,299,750 and they
were on the market an average of  just 86 days.

Closings: Eight homes were reported as sold in the last week, and their
average list price was $1,958,000. Average market time for these sold
properties was 122 days. There were 62 status changes in the last seven
days.

Condos: There are eighteen condominiums that are available, and they have
been listed an average of 161 days. Their average listing price is
$646,161,  and the median price is  $542,499. The highest priced condo in
town is listed at $1,495,000 and the lowest offering price is $325,000.

There was one new listing this past week, and no properties came back on the market after being under deposit. No properties had a price change. No properties went into the either the CTS stage or pending stage of deposit.
One condominium was reported as sold in the last seven days, and was listed at $699,000. There was four status changes.

Rentals: If you are interested in renting year round, either furnished or
unfurnished, there are 64 homes or apartments available. The median price
is $3,650 per month and the average price is $5,267 per month. These year round
rental opportunities have been on the market an average of 81 days.

The seasonal rental market has been showing a steady increase over the past few weeks, and there are now 36 seasonal rental opportunities available, and they
have been on the market an average of 35 days.  Their  average price is
$18,809, and the median price is $13,750. 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.

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

Westport CT Real Estate Market Update Week of March 13, 2012

There are now 324 homes that are actively on the market, and their average
list price is $2,085,001.  These properties that are currently on the
market  have been listed for average of 111 days, and the median price is
now $1,323,500.

The highest asking price for all homes currently on the market is
$24,950,000, and the lowest available priced home is $192,900.

Fourteen new listings came on the market in the last seven days, and one home came back on the market after being under deposit. Twelve properties
had a price change.

Ten properties have gone under the initial deposit stage, which we call
CTS, and seven 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 seven pending properties was $1,945,500 and they
were on the market an average of 136  days.

Closings: Seven  homes were reported as sold in the last week, and their
average list price was $2,377,428. Average market time for these sold
properties was just 168 days. There were 64 status changes in the last seven
days.

Condos: There are eighteen condominiums that are available, and they have
been listed an average of 166 days. Their average listing price is
$643,661,  and the median price is  $525,000. The highest priced condo in
town is listed at $1,495,000 and the lowest offering price is $325,000.

There were no new listings this past week, and one property had a price change.
No condominiums were reported as sold in the last seven days. There was one status change.

Rentals: If you are interested in renting year round, either furnished or
unfurnished, there are 62 homes or apartments available. The median price
is $3,300 month and the average price is $4,936 per month. These year round
rental opportunities have been on the market an average of 86 days.

There are now 28 seasonal rental opportunities available, and they
have been on the market an average of 41 days.  Their  average price is
$19,862, and the median price is $16,000. 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.

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

Westport CT Real Estate Market Update Week of March 6, 2012

There are now 323 homes that are actively on the market, and their average
list price is $2,111,861.  These properties that are currently on the
market  have been listed for average of 112 days, and the median price is
now $1,324,500.

The highest asking price for all homes currently on the market is
$24,950,000, and the lowest available priced home is $192,900.

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

Twelve 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 was $1,562,000 and they
were on the market an average of 157 days.

Closings: Five  homes were reported as sold in the last week, and their
average list price was $1,363.980. Average market time for these sold
properties was just 59 days. There were 84 status changes in the last seven
days.

Condos: There are seventeen condominiums that are available, and they have
been listed an average of 153 days. Their average listing price is
$659,758,  and the median price is  $524,500. The highest priced condo in
town is listed at $1,495,000 and the lowest offering price is $325,000.

There was one new listing this past week, and one property had a price change. No condominiums were reported as sold in the last seven days. There were two status changes.

Rentals: If you are interested in renting year round, either furnished or
unfurnished, there are 57 homes or apartments available. The median price
is $3,400 month and the average price is $4,967 per month. These year round
rental opportunities have been on the market an average of 95 days.

There are now twenty-five seasonal rental opportunities available, and they
have been on the market an average of 39 days.  Their  average price is
$19,926, and the median price is $15,375. 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.

 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