How’s the Real Estate Market in Westport, CT?

30.01.2010
Danna Rogers
 0

How’s the housing market in Westport, Connecticut?

Every friend I have dinner with or pass in the grocery store asks me the same question, “how’s business?” While I don’t have any magic answers, one statistic that is very interesting is the increase in the volume of 4th quarter home sales in 2009 versus 2008 in Westport, CT. With a 46% increase in home sales at the end of 2009, it looks like we might be headed in the right direction.

4th Quarter Home Sales –Westport, CT

2009

2008
Single Family Homes Sold

59

32
Average Sale Price

$1,554,864.83

 

$1,806,270.31

 
Average Median Price

$1,212,000.00

 

$1,225,000.00

 
List Price/Sale Price Percentage

91.6%

 

92.2%

 

 

Example Sales in the 4th Quarter of 2009:

Street List Price Sale Price
7  JONATHAN LN

 

 $550,000.00

 

 $550,000.00

 
33  FILLOW ST

 

 $799,000.00

 

 $715,000.00

 
13  COB DR

 

 $1,300,000.00

 

 $1,285,000.00

 
6  SPRUCEWOOD LN

 

 $2,995,000.00

 

 $2,850,000.00

 
279  NORTH AVE

 

 $9,950,000.00

 

 $8,187,500.00

 
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