Weekly Westport Real Estate Market Statistics 2/15/11

WESTPORT CT HOMES: There are currently 249 homes on the market at an average price of 2,230,033  that have been on the market an average 133 days. There were 16 new listings and 1 home came back on the market after being under deposit. 4 Properties had a price change. In the last week,  6 properties have gone under deposit, which is what we call CTS. This means that the property just took a binder, but all the contingencies have not yet been met. 6 properties went into Pending status, which generally means that the all conditions have been satisfied, and the property is just waiting to close. That's twice as many as last week!The 4 properties that closed in the last week had an average price of 2,088,250 and were on the market for an average of  just 43 days. There were 48  property status changes.

WESTPORT CT CONDOS: There are currently 26 condominiums on the market listed at an average price  of 558,395 that  have been on the market 126 days. There were 3 new listings . 1 Property had a price change. In the last week,  1 property went into CTS status,  and no properties went into pending status. 1 property  closed in the last week and was listed at 1,200,000. It took 183 days to close. There was  6  property status changes.

There are currently 100 rental opportunities available in Westport at an average list price of 7584 per month.

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Westport CT Real Estate Market Forecast and Advice 2/2011

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"The RealTrender Report" - Westport Connecticut Real Estate.