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Monthy Housing Newsletter – January 2010

  Westport, CT – Single Family January 2010

  Current Month Prior Month % Chg Prior Year % Chg
Unit Sales 14 21 -33.3% 5 180.0%
Average Sale Price $1,826,250 $1,312,148 39.2% $688,212 165.4%
Median Sale Price $1,280,000 $942,000 35.9% $866,060 47.8%
Sales to List Price Ratio 90.4% 89.6% 0.9% 82.2% 10.0%
Inventory 323 290 11.4% 315 2.5%
Months of Supply 14.9 13.9 7.5% 14.7 1.8%
Market Time for Sold (Days) 138 154 -10.4% 121 14.0%
Price per Sq Ft for Sold $450 $385 16.7% $328 37.2%
 

 

  
Westport Sales – Sales in January were 14. This is up 180.0% from 5 in January of 2009. Sales/list price ratio in January moved up to 90.4% from 89.6% in December.
Price – Median price in January was $1,280,000. This is up 47.8% from $866,060 in January of 2009. Average sale price (most recent 3 months) is $1,412,746, down moderately from $1,633,516 in 2009.
Houses for sale in Westport – Inventory of 323 in January was up 11.4% from 290 in December and up 2.5% from 315 in January of 2009.
Market Time – Days on market of 138 in January was down moderately from 154 in December but up considerably from 121 in January of 2009. Months of supply in January moved up to 14.9 from 13.9 in December.-

Fairfield (Single-family residential)
Norwalk (Single-family residential)
Weston (Single-family residential)
Westport (Single-family residential)
Wilton (Single-family residential)

Please feel free to contact us at 203.858.2095 if we can be of any assistance.


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