February 2025

FEBRUARY 2025

Hello and welcome to the month of love! We can finally say adios to January which this year, seemed to last forever. We definitely had some incredibly cold days but hopefully those days are dwindling. I do enjoy the spectacular sunsets that light up our sky in the winter months. We just need to hang in there a little bit longer. Daylight Savings is in less than a month! I can't wait to have the extra hour of sunshine! The longer days will also bring more building and new construction to our community. I have some exciting new listings coming, so stay tuned!

The month of February is a great time to reflect on what we love and appreciate (like our amazing home town with it's fabulous attractions and amenities) and an exciting time to look forward to the coming season of Spring when the real estate market typically is the busiest.

January was a slow month in Westport. We have very little inventory, in fact it is at an all time low. Houses that do come on are selling faster. Days on Market compared to this time last year are 56.8% lower (65 days to 41 days. Only 21 properties sold in January which is 32% lower than this time last year. NOW is the time for people to take advantage of the market and sell. There are many buyers looking, very few homes available, so sellers can get top dollar for their homes if they are presented well. If you are ready to cash in, please give me a call or please refer me to someone you know who is thinking of selling.

If you are thinking of buying, I can help you get pre approved,, determine what you really want in a new home and educate you on our market so that when the right home presents itself you are ready to act decisively.

Please don't hesitate to reach out to me anytime. I would love to help you get your house in order if you are thinking of selling, buying, or building. Right now is the time to make a move, if you want to get the best deal! There is no time to waste so CALL ME NOW! And follow me at jillian.klaff.realtor on instagram for my latest listings and real estate tips.

Get the process going by scanning the QR code below to see how much your home is worth.

SCAN TO SEE WHAT YOU CAN SELL YOUR HOME FOR

from our blog

How to Own Your Own Dream Home - A Step By Step Guide Owning your dream home is a goal that many aspire to, but it can sometimes seem overwhelming. With the right approach, however, it is possible to make this dream a reality. Whether you are drawn to the scenic beauty of Westport, CT, or another location, understanding the process is the first step in ensuring you find the perfect home. This guide walks you through the essential steps to buy your dream house, offering practical advice for each phase of the journey. READ MORE

february fun

WESTPORT WESTON FAMILY YMCA SCHOOL VACATION CAMPS - Feb 17 - Feb 21. Full and half day programs available.

WESTPORT COUNTRY PLAYHOUSE - Native Gardens Feb 18- March 8th. Bright and witty outrageous comedy.

5TH ANNUAL FASHIONABLY WESTPORT - Feb 28. Westport Downtown Merchants present the 5th annual fashion show featuring "the latest styles, from our town’s most sophisticated and fashion-forward retailers. A fabulous night benefitting Homes for Hope.

COMPO BEACH PLAYGROUND RENOVATION - The Playground will be closed from March 1 - through the end of May. Many opportunities to get involved and help with the project. Get ready for buckets full of fun at our new beach playground just in time for summer!

9-A Ludlow Road

56 Wright St

5 BD | 3 BA | 3450 SF

69 Catalpa Rd, Wilton

4 BD | 4 BA | 4180 SF

REDUCED: $7000/mo

206 Good Hill Road, Weston

5 BD | 4 BA | 3149SF

7 Dawn Drive

6 BD | 8BA | 8641 SF

461 Tahmore Dr, Fairfield | 3BD, 3BA, 2612SF

UC 5 | Close 13 | Multiple Over Offers

4 Ferry Lane E.

6 BD | 6.5 BA| 6700 SF

15 Burr Famrs Road

6 BD |6.5 BA | 9000 SF

4 Lyndale Park

4 BD | 3.5 BA |4258 SF

45 Clapboard Hill Rd

7 BD | 6/4 BA | 12,000 SF

2.19 Acres | Spectacular Park-like Property

See the Westport property transfers for the weeks of 12/30 - 1/3, 1/6 - 1/10, 1/13 - 1/17, 1/20 - 1/24.

We have even more exciting new listings on the way! Go to jillianklaffhomes.com and check our listings tab on our website for updates and details.

coming soon....

I have some wonderful listings coming on the market this spring so stay tuned to my instagram jillian.klaff.realtor and come on over to my website to see what I have going on!

MARKET SNAPSHOTS

WESTPORT

WESTON

FAIRFIELD

WILTON

MARKET TRENDS

WESTPORT

WESTON

FAIRFIELD

WILTON

WESTPORT MARKET TRENDS:

The Months supply of Inventory is currently at 1.96. This indicates a low supply of homes on the market relative to demand. Less homes means more competition for buyers.Potentially leading to higher prices.

There is a 50.4% decrease looking at the last 12 months.This suggests a trend towards even lower inventory levels. Competition among buyers will probably intensify, leading to quicker sales and bidding wars.

The Sold to List Price percentage is 103%. This indicates that home are typically selling for slightly above their asking price. This happens in a strong seller’s market when demand outweighs supply

The median days homes were on the market in Westport was 24. This low number reflects the fast-paced nature of the current market. Buyers have to act swiftly to secure a property.

The Median Sold Price of $1,579,000 highlights the overall price range of homes in the market. Prices are expected to increase so buyers should be prepared for potentially higher prices and sellers should take advantage of the current market conditions if they can.

Conclusion: Taken altogether the metrics I have discussed show a competitive real estate market with low inventory, quick sales and strong demand.

Buyers should be prepared to act fast and potentially pay above asking price while sellers should think about taking advantage of this market to maximize their returns.

WESTON MARKET INSIGHTS

FAIRFIELD MARKET INSIGHTS

WILTON MARKET INSIGHTS

I celebrated a milestone birthday last month! My thoughtful boys organized a fabulous luncheon at Artisan for me and it was such fun! Where does all the time go?

Thank you to my clients who helped me make 2024 an award winning year. 2025 is off to a good start already and I have some exciting things coming soon. I love my clients, I love my job, I love my town. We are so fortunate to live in such a great community.

Before I go I wanted to wish you all a happy Valentine's Day and share some of the great fun we had on our recent trip. We had a beautiful week in Seattle with some of my most favorite Valentines. Family is everything! Wishing you and yours a very special Valentine's Day!

I am always here and always available to you around the clock to help with any and all of your real estate needs. I value excellent service and efficiency meeting my client's every need. Call, text or email me today! I have the real hard facts for really smart moves!

All the best,

Jillian

HAPPY VALENTINE'S DAY

JILLIAN KLAFF | TOP PRODUCER CB GLOBAL LUXURY