January News From My Desk to Your Door
The new year is here in 2023! If I review this past year, I find myself thinking of how we, as a community, have come together to help each other try to get back to the lives we had before the pandemic. Motivated to continue big life moments and celebrations (even if we had to reschedule a few times due to the latest outbreak.) I am extra appreciative of being able to celebrate these milestones again the births, weddings, bar mitzvahs, graduations, new homes, birthdays and holidays have all been extra special to me this year. One of my resolutions for the new year is to celebrate more, even the little things! I can’t wait to see what 2023 brings!
I am proud of all that I accomplished last year including Coldwell Banker Top Individual Recognition for CT and Westchester, making Real Trends America’s Best list and the International Society of Excellence, but most of all I am grateful for my new colleagues and the wonderful new clients I met and worked with last year. The Real Estate Market is finding a new balance and will continue to do so through the spring market. I have a renewed sense of excitement and inspiration to make a difference and help my clients with all of their real estate needs. I love a happy client!
Please let me know what real estate services I can provide you. I am ready to help you make smart moves in 2023. Cheers!
"The first step towards getting somewhere is to decide you’re not going to stay where you are.”
Jillian Klaff Online Resources
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January Notes and Newsworthy
Jumpstart the New Year with this 7-Day Detox
Plan. Clean, easy, and quick meals to help you feel great.
2023 Eating Plans that Fit your Needs
– Whether you are looking to lose weight, or just eat cleaner to feel better but you’re confused with all the information out there, here’s a simple breakdown to help you find the best program for you.
January Community Events
January Area People and Places
Best Spas in CT
– We have some of the Best Luxury Wellness Treatment Centers in the country, right here in CT. Specialization Spas offer services from deep tissue massage, facials, body wraps, and relaxation treatments. Take a day or a weekend for some pampering and learn how to practice self-care.
Monthly Meditation Series
Another possible way to address a new year’s resolution? The Westport Library and Pause + Purpose invite the public to “Self-Checkout,” a monthly event series that explores the “why” and “how” of mindfulness through the inner “self.”
Get Fit in Westport –The Best Local Fitness Studios
We also have some of the best Fitness Resources right here in Southern Fairfield County. Whether your move is Pilates, Strength Training, Boxing, Martial Arts, Pole Dancing, Cross Fit, or Yoga there are private and group classes designed just for you!
January Market Watch
46 Edgewater Commons $6000/mo Coming Soon!
We have even more new listings on the way. Check our listings tab on our website for updates and details.
January Market Stats
As you may know, I am a CPA; I like numbers. I am diligent about reviewing statistics, both when we discuss values and when we discuss trends. And, I use facts to back up my professional opinions so this time of year is informative to me because we get a good look at the whole year, and from different perspectives. First off, see below for WHERE THE BUYERS COME FROM This shows that 35% of 2022 buyers in Westport moved from within Westport, 19% were from other states (combined), 15% were from New York City, 8% were from another place in CT, 6% were from New York State, 5% from Norwalk, 4% from Stamford, 3% from Fairfield, 2% from Weston, 1% from Wilton and 2% were international – from either the United Arab Emirates or Germany.
The total number of sales in 2022 v. 2021 is up by 22.24%, from 607 units in 2021 to 472 units in 2022. Those properties with prices of $3,000,000 – $3,999,999 increased in number by 38.64% – from 44 units to 61 units. Those properties with prices of $4,000,000 – $4,999,999 increased in number by 109.09% – from 11 units to 23 units. Finally, for properties with sale prices of $5,000,000+, the increase was 118.18% – reflecting an increase from 11 units to 24 units in 2022. The downside of the market is remarkably indicated by the slow-down we are seeing in the under $499,000 market, which is down in unit sales by 73.91%. Each million-dollar threshold from $500,000-$2,999,999 is down and this is where the most market activity occurs.). The upshot for the year: the higher your price range, the more sales.
For more market info over the last 30 days, click here
Where the Buyers Come From
For more market info over the last 30 days, click here
Look for my monthly email providing you with the latest Westport and Fairfield County Market Area Reports!
January New Construction
The CT Post recently featured an article on new construction in our area and now is a great time to consider it. As the quote by J.P. Morgan at the beginning of this Newsletter states, “The first step towards getting somewhere is to decide you’re not going to stay where you are.” I appreciate that a move, and building a new home, is a big decision, a big step. Very often, a home is a family’s largest investment. When building, it is important to keep the investment aspect in mind. A balance is what is important: to create the design and style and finish you want and also to keep in mind the future resale appeal. Some bathrooms, for example, occupy a very large part of a master suite, when the time spent on it is minimal. Some houses need more than one office or study area, especially space distanced from the commotion. Finally, the reputed “mud room” is a terrific asset for a large family so space for individual bins, hangers, benches, and shoe racks helps neaten this functional space. Call me. Let’s discuss your ideas!
January Final Thoughts
As we begin 2023, I am excited and inspired to make it an even better year than last year’s amazing one! I wish you all the very best for a healthy, rewarding, and prosperous new year. Happy New Year to each of you from my family to your family and from my desk to your door. Let’s do this!
And, if you are thinking of selling your home, or buying or building a new one this New Year, contact
me today! I am always ready and happy to help you with all of your real estate needs. I value excellent service and efficiency in meeting my client’s every need. And, I am excited and ready to help you! Call, text, or email me
today! I have the real hard facts for really smart moves!