Southport CT Real Estate Market Report Week of June 5, 2012

SOUTHPORT CT HOMES:  Southport's median list price is now at $1,062,000. As of this morning, there are 63 homes that have actively been on the market for an average of 126 days and are listed at an average price of $2,340,173.

The highest priced home for sale in the Southport area of town is listed at $13,900,000 and the lowest priced available single family home is $225,000.

Five new listings came on the market this week, and no homes came back on the market after being under deposit. There were two properties that had a price change. Three homes 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. Their average price was $806,950.

SOUTHPORT AREA PENDINGS: There are 12 properties scheduled to close in Southport and their average list price is $893,733.

CLOSINGS: There was one closing reported in the past week, and the home was listed att $1,449,000.  There were 17 status changes in the last seven days.

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

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.

Buying or Selling a Home in Southport? We'd love to represent you.

Feel free to email us here or visit our main  site at

www.CThomesAndRealEstate.com

If you have a question about buying or selling Real Estate in Southport, 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