Jillian Klaff Homes Real Estate Housing Newsletter for July

Happy Summer!

Here are the Westport Housing statistics for June 2015.

Westport Housing Update for Single Family Properties – June 2015  

One-month Comparison:

  • Median Sale Price for the month of June was $1,635,000. This is up 16.5% from $1,403,000 in June of 2014.
  • Unit Sales in Westport for June of 2015 were 43, up 4.9%, from 41 in June of 2014.
  • Price per Square Foot in Westport for homes sold in June was $482, up 5.2%, from $458 in June of 2014.
  • Average Sale Price for homes sold in Westport was up 27.7% to $2,005,415, from $1,570,437 in June 2014.
  • Average List price in Westport for June 2015 was $2,257,455, up 2.0%, from $2,213,263 in 2014.
  • Sales to List price ratio was 95.1% in June, from 93.9% in 2014, up 1.3%.
  • Average days on market in June of 2015 was 132, up 10.0% from 120 days in 2014.

Year-to-Date:

  • Westport Year-To-Date Unit Sales in June were 158. This is down 7.6% from 171 unit sales YTD June 2014.
  • New Listings in Westport for 2015 were up 4.7% to 536, from 512 in 2014
  • Median Sales Price was down 2.0% to $1,323,358 for 2015 from $1,350,000 in June 2014.
  • Average List price in Westport for 2015 was up 2.4% to $2,313,402 from $2,258,659.
  • Sales to List Price Ratio was down 3.0% to 92.9% through June 2015, from 95.8% in 2014.
  • Months of Supply through June 2015 was up 25.2% to 11.3, compared to 9 through June 2014.
  • Average Days on Market through June 2015 was 121 days, up 16.3%, from 104 days through June 2014.
  • Price per Sq Ft for Sold Listings in Westport was up 11.6% to $479 from $429, YTD June 2014.

Mortgage Rate Watch

These are our current mortgage products and rates for

Product Interest Rate APR
15 YR Fixed Conforming 3.000% 3.247%
15 YR Fixed Jumbo 3.375% 3.624%
30 YR Fixed Conforming 3.875% 4.020%
30 YR Fixed High Conforming 3.875% 4.020%
30 YR Fixed Jumbo 3.750% 4.002%
30 YR Fixed Super Jumbo 3.750% 4.002%
5/1 (30 Yr) ARM Conforming 2.750% 3.170%
5/1 (30 Yr) ARM Jumbo 3.000% 3.182%
5/1 (30 Yr) ARM Jumbo Portfolio ARM 3.000% 3.182%

Last updated on: 7/20/2015 1:14:50 PM

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