Southport CT Real Estate Market Weekly Statistics Report - July 5, 2011

SOUTHPORT CT HOMES: You may notice that we decided to give Southport it's own separate "post" from the Fairfield Market Statistics.  You can find all Southport statistics under the Fairfield Blog, but we will put a Southport Logo at the top of each article for easy reference for the future, and to differentiate the two.

The median list price in Southport is $1,122,000.  As of this morning, there are 65 homes actively on the market for  82 days and are listed at an average price of $2,335,524.

The highest priced home for sale in the Southport area of town is listed at $12,500,000 and the lowest priced available single family home is $379,000.   The most active "price pocket" in Southport is between one  and one-and-one-half million dollars, which represents twenty percent of all of the available homes for sale

Two  new  listings came on the market this week, and no homes came back on the market after being under deposit.  There was one property that had a price change. No properties have gone under the initial deposit stage, which we call CTS, and two properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS: Two single family homes sold this past  week and were listed at an average price of $725,000,  and the average market time for these homes was  60 days before it sold. There were ten  status changes in the last seven days.

PLEASE NOTE: Southport statistics include all properties within the 06890 zip code