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 4^th 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.

4^th 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%