Westport CT Real Estate Weekly Market report 4/26/11

WESTPORT CT HOMES:  The median list price in Westport is $1,265,000. The market here is also performing nicely.  As of this morning, there are 331 homes actively on the market for  104 days and are listed at an average of $2,150,960. 14 new listings came on the market this week,  and 2 homes came back on the market after being under deposit.  Therewere  6 properties that had a price change. 8 properties have gone under the initial deposit stage, which we call CTS, and 10 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 7 properties sold this past  week, and they had an average price of $1,616,000 and  were on the market an average of 90 days.  There were 59 status changes in the last week.

WESTPORT CT CONDOS: The median price of a condo in Westport is $467,000. The 25 condominiums that are available have been  listed an average of 110 days, and have an average price of $595,123. 1  new listing 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: No properties closed in the last week. There were 3 status changes for the week.

If you are looking to rent year round, either furnished or unfurnished, there are 52 homes or apartments available. The median price is $3650 per month and the average price is $5,515 per month. These year round rental opportunities have been on the market an average of 51 days.

Seasonal rentals are aplenty, and there are 43 available throughout Westport that have been on the market an average of 45 days, and at an average price of $16,986 . The median  price of both furnished and unfurnished seasonal rentals is $10,500.

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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