Southport CT Housing and Real Estate Market Report Week of 2/11/14

The median list price is now $1,337,500. As of this morning, there are 34 homes are now actively been on the market,  for an average of 186 days, and an average *cumulative market time of 338 days, and they are listed at an average price of $1,742,879.

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 s $395,000.

Two new listings came on the market this week, and one home came back on the market after being under deposit. There was one property that had a price change, and two homes have 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 nine homes currently under the beginning stage of deposit ( CTS status) , and four homes  scheduled to close, that have an average list price of $593,500.

CLOSINGS: There were two closings reported in the past week, and were listed on average at $884,500.  There were 10 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.

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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