Southport CT Housing and Real Estate Market Report Week of 2/19/14

The median list price ihas risen slightly to $1,385,000. As of this morning, there are 32 homes are now actively been on the market,  for an average of 201 days, and an average *cumulative market time of 391 days, and they are listed at an average price of $1,829,528.

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 $395,000.

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

SOUTHPORT DEPOSITS: There are 10 homes currently under the beginning stage of deposit ( CTS status), and five homes  scheduled to close, that have an average list price of $1,024,800.

CLOSINGS: There was  one closing reported in the past week, and was listed at $819,000.  There were nine 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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