Westport CT Real Estate Market Stats week of November 13, 2012

There are now 275 homes that are actively on the market. The average list price of available homes  is $2,258,329 and these properties have been listed for average of 142 days, with a cumulative market time of 256 days. The median price is now  $1,699,000.

The highest asking price for all homes currently on the market is $27,500,000, and the lowest available priced home is $309,000.

Seven new  listings came on  the market in the last seven days, and three homes came back on the market after being under deposit.  Seven properties had a price change.
Eight  properties have gone under the initial deposit stage, which we call CTS, and 17 properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these 17 pending properties was $1,340,900.  There are currently 16 homes in CTS status  throughout Westport, and 57 properties scheduled to close town-wide, with an average price of $1,429,405.

Closings: Eight homes were reported as sold in the last week, and their average list price was $1,341,988.  Average market time for these sold properties was 139 days. There were 68 status changes in the last seven days.

Condos:  There are ten condominiums that are available, and they have been listed an average of 236 days. Their average listing price is $558,886, and the median price is $569,000. The highest priced condo in town is listed at $1,075,000 and the lowest offering price is $200,864.

There was no new  listing activity in the last week, and no new deposits reported.

There are two properties currently in CTS status, and one home scheduled to close townwide, and that property is  listed at $698,000.

Closings: There were two condos reported as sold this past week, and were listed on average at $424,450. There were a total of four status changes.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 51 homes or apartments available. The median price is $4,500 per month and the average price is $5,150 per month. These year round rental opportunities have been on the market an average of 80 days.

There are 18 short-term rental opportunities that are available, and they have been on the market an average of 58 days.  Their  average price is $6.147, and the median price is $3,650. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

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.

The Featured Home of the Week is a three bedroom, three bath home on 1.24 acres on  4 Highwood lane in Westport  for just  $700,000. See the virtual tour HERE

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, 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

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free at (855) GET-JUDY

Westport CT Real Estate Market Stats week of November 6, 2012

There are now 293 homes that are actively on the market. The average list price of available homes  is $2,233,069 and these properties have been listed for average of 137 days, with a cumulative market time of 247 days. The median price is now  $1,725,000.

The highest asking price for all homes currently on the market is $27,500,000, and the lowest available priced home is $309,000.

Five new  listings came on  the market in the last seven days, and three homes came back on the market after being under deposit.  Three properties had a price change.

Two properties have gone under the initial deposit stage, which we call CTS, and nine properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these nine pending properties was $1,262,833.  There are currently 19 homes in CTS status  throughout Westport, and 47 properties scheduled to close town-wide, with an average price of $1,454,004.

Closings: Eight homes were reported as sold in the last week, and their average list price was $1,153,000.  Average market time for these sold properties was 187 days. There were 52 status changes in the last seven days.

Condos:  There are twelve condominiums that are available, and they have been listed an average of 219 days. Their average listing price is $518,147, and the median price is $449,000. The highest priced condo in town is listed at $1,075,000 and the lowest offering price is $200,864.

There were no new listings reported last week, and no homes came back on the market after being under deposit. One property  entered pending status.

There is one property currently in CTS status, and three additional  homes scheduled to close town-wide, and they are listed on average at $545,633.

Closings: There were no condos reported as sold this past week, and  just one status change.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 60 homes or apartments available. The median price is $4,975 per month and the average price is $5,414 per month. These year round rental opportunities have been on the market an average of 84 days.

There are 18 short-term rental opportunities that are available, and they have been on the market an average of 55 days.  Their  average price is $6,186, and the median price is $3,650. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

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.

The Featured Home of the Week is a three bedroom, three bath home on 1.24 acres on  4 Highwood lane in Westport  for just  $700,000. See the virtual tour HERE

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, 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

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free at (855) GET-JUDY

Westport CT Real Estate Report Week of September 24, 2012

There are now 325 homes that are actively on the market. The average list price of available homes  is $2,153,412 and these properties have been listed for average of 125 days, with a cumulative market time of 236 days. The median price has dropped this week by $23,000 to  $1,675,000.

The highest asking price for all homes currently on the market is $27,500,000, and the lowest available priced home is $309,000.

Seventeen new  listings came on  the market in the last seven days, and two homes came back on the market after being under deposit.  Eleven properties had a price change.
Eight  properties have gone under the initial deposit stage, which we call CTS, and nine properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these nine pending properties was $935,111.  There are currently 21 homes in CTS status  throughout Westport, and 37 properties scheduled to close town-wide, with an average price of $1,258,765.

Closings: Eight homes were reported as sold in the last week, and their average list price was $1,716,875.  Average market time for these sold properties was 75 days. There were 66 status changes in the last seven days.

Condos:  There are 11 condominiums that are available, and they have been listed an average of 208 days. Their average listing price is $553,255, and the median price is $499,000. The highest priced condo in town is listed at $1,075,000 and the lowest offering price is $299,900.

There was no new  listing activity in the last week, with  two price changes  noted and one new deposit reported.

There are three properties currently in CTS status, and one additional  home scheduled to close townwide, which is listed at $659,000.

Closings: There were no condos reported as sold this past week, and a total of three status changes.
Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 68 homes or apartments available. The median price is $5,100 per month and the average price is $6,394 per month. These year round rental opportunities have been on the market an average of 79 days.

There are 26 short-term rental opportunities that are available, and they have been on the market an average of 47 days.  Their  average price is $5,483, and the median price is $4,475. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

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.

The Featured Home of the Week is a three bedroom, three bath home on 1.24 acres on  4 Highwood lane in Westport  for just  $700,000. See the virtual tour HERE

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, 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

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free at (855) GET-JUDY

Westport Real Estate Market Report Week of September 17, 2012

There are now 323 homes that are actively on the market. The average list price of available homes  is $2,140,372 and these properties have been listed for average of 124 days, with a cumulative market time of 234 days. The median price remains fairly consistent at $1,698,000.

The highest asking price for all homes currently on the market is $27,500,000, and the lowest available priced home is $309,000.

Twenty-three new  listings came on  the market in the last seven days, and three homes came back on the market after being under deposit.  Three properties had a price change.

Three properties have gone under the initial deposit stage, which we call CTS, and ten properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

The average price of these ten pending properties was $1,301,300.  There are currently 20 homes in CTS status  throughout Westport, and 38 properties scheduled to close town-wide, with an average price of $1,334,005.

Closings: Seven homes were reported as sold in the last week, and their average list price was $1,636,686.  Average market time for these sold properties was 89 days. There were 82 status changes in the last seven days.

Condos:  There are 12 condominiums that are available, and they have been listed an average of 196 days. Their average listing price is $554,317, and the median price is $524,000. The highest priced condo in town is listed at $1,075,000 and the lowest offering price is $299,900.

There was no new  listing activity in the last week, and no price changes or new deposits reported.

There are currently two properties in CTS status, and one additional  home scheduled to close townwide, which is listed at $659,000.

Closings: There were three condos reported as sold this past week, and they were listed on average at  $732,333.

Rentals: If you are interested in renting year round, either furnished or unfurnished, there are 73 homes or apartments available. The median price is $5,000 per month and the average price is $6,350 per month. These year round rental opportunities have been on the market an average of 75 days.

There are 24 short-term rental opportunities that are available, and they have been on the market an average of 43 days.  Their  average price is $5,667, and the median price is $5,125. Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.

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.

The Featured Home of the Week is a three bedroom, three bath home on 1.24 acres on  4 Highwood lane in Westport  for just  $700,000. See the virtual tour HERE

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, 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

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Fr

Westport Single Family and Condominium Sale Details for August 2012

There were 36  single family home sales reported through the Greater Fairfield County Multiple Listing System in the town of Westport during the month of  August, 2012.

The smallest home that sold was 1,655 square feet, and the largest was 8,500 square feet.  

The average sales price was $1,490,585  and the average market time was 120  days.
Total closed Sales Volume for the month of August 2012 was $53,661,050

There were 2 condominium sales reported through the Greater Fairfield County Multiple Listing System in the town of Westport during the month of August, 2012.

The smallest home that sold was 1,145 square feet, and the largest was 3,990 square feet.  

The average sales price was $727,500 and the average market time was 392 days.
Total closed Condominium  Sales Volume for the month of August 2012 was $1,455,000

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.

The Featured Home of the Week is at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE. Compare the amenities and value of this to a home in Westport for the same price- it can't be beat!

Buying or Selling a Home in Westport?  Contact us!

If you have a question about buying or selling Real Estate in Westport, 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

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY