Westport CT Weekly Real Estate Market Report 3/22/11

WESTPORT CT HOMES:  The median list price in Westport is $1,262,499. As of this morning, there are 296 homes actively on the market for  111 days and are listed at an average of $2,183,722. 18 new listings came on the market this week, including 1 home that came back on the market after being under deposit.  There were  12 properties that had a price change. 14 properties have gone under the initial deposit stage, which we call CTS, and 12 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 3 properties sold this past  week, and they had an average price of $1,436,000, and  were on the market an average of 21 days. If they are priced right, they sell VERY QUICKLY! There were 79 status changes in the last week.

WESTPORT CT CONDOS: The  22 condominiums that are available have been  listed an average of 130 days, and have an average price of $594,357.  nonew listings came on the market this week, and no Properties had a price change. In the last week,  1 property went into CTS status,  and 1 property went into pending status. CLOSINGS: 2 properties closed in the last week at an average price of $577,000.Theyy were on the market for 56 days. There were 7 status changes for the week.

If you are looking for a rent in town, there are  106 homes or apartments available, and they are listed at average price of $9,185 per month, and have been on the market approximately 60 days.

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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