Market News

Monthy Housing Newsletter – December 2009

Westport Sales – Sales in December were 21. This is up 31.3% from 16 in December of 2008. Sales/list price ratio in December moved down to 89.6% from 92.1% in November.

 

Price – Median price in December was $1,212,000. This is up 13.3% from $1,070,000 in December of 2008. Average sale price (most recent 3 months) is $1,524,849, down modestly from $1,610,375 in 2008.

 

Houses for sale in Westport – Inventory is 290, down a little from 292 in 2008. New listings of 35 in December were up moderately from 31 in November and way up from 25 in December of 2008.

 

Market Time - Days on market of 155 in December was down somewhat from 162 in November but up modestly from 141 in December of 2008. Months of supply in December moved down to 13.9 from 16.5 in November.

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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