Westport Sales – February 2009 – Westport CT Real Estate

March 1st, 2009 by Jillian Klaff

Westport Sales – February 2009

Westport Sales in February were 11, down 21.4% from 14 in February of 2008. Sales/list price ratio in February moved up to 90.1% from 82.2% in January.

Prices – The median price in February was $1,599,000. This is up 8.4% from $1,475,000 in February of 2008. Average sale price (most recent 3 months) is $1,493,730, down substantially from $1,988,809 in 2008.

Inventory was 341, up moderately from 325 in 2008. New listings of 72 in February were down modestly from 77 in January and down considerably from 91 in February of 2008.

Days on market was 144 in February, up somewhat from 121 in January but down moderately from 179 in February of 2008. Months of supply in February moved up to 16.0 from 14.6 in January.

Surrounding Area:

Fairfield, CT – 12 homes sold in February. The average price a home was listed at was $832,092 and the average price a home sold for was $786,327. The average days on the market for a house to sell were 86.

Norwalk, CT – 22 homes sold in February. The average price a home was listed at was $574,082 and the average price a home sold for was $532,841. The average time on the market for a house to sell was 122 days.

Weston, CT – 1 homes sold in February. The average price a home was listed at was $899,000 and the average price a home sold for was $830,000. The average days on the market for a house to sell were 18.

Wilton, CT – 3 homes sold in February. The average price a home was listed at was $593,000 and the average price a home sold for was $570,000. The average days on the market for a house to sell were 149.