Southport CT Housing and Real Estate Market Report Week of 12/4/13

Southport's median list price is now at at $1,287,500. As of this morning, there is an approximate drop in inventory of 10 percent from last week, and 38 homesare now actively been on the market,  for an average of 161 days, and an average *cumulative market time of 319 days, and they are listed at an average price of $1,864,995.

The highest priced home for sale in the Southport area of town is listed at $7,350,000 and the lowest priced available single family home is $425,000.

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

SOUTHPORT DEPOSITS: There are four homes currently under the beginning stage of deposit ( CTS status) , and 11 homes  scheduled to close, that have an average list price of $1,368,636.

CLOSINGS: There were no closings reported in the past week.  There were six status changes in the last seven days.

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

*Cumulative market time indicates the TOTAL  market time when a home has been listed more than once in short succession.

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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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!

** Get JUDY'S Exclusive BONUS For New HomeBuyers! CLICK HERE**

Buying or Selling a Home in SOUTHPORT?  Contact us!

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

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