November News

 

 

It’s November! And as Thanksgiving approaches, I am reminded of how much difference a year can make and how thankful I am to be where I am here in Westport. Our real estate market continues to be strong although the number of sales is down and the market time is longer than a year ago. We continue to have people moving here for the quality of our schools, our beautiful physical environment, and all of the activities offered on and around the Long Island Sound, and the cultural amenities from theatres, restaurants, museums, and shopping enrich us daily. We also have a strong support system for our police, fire, and medical personnel. I have so much to be thankful for this Thanksgiving; my loving family, wonderful friends, a fulfilling career, appreciative clients, my beloved town, Westport, and of course, Rosie! This Thanksgiving I feel extra thankful for everything and everyone in my life and that means you!

 

 

 

 

Social Media every day, we are actively sharing and engaging on our social media platforms to attract active buyers and local sellers. Join us on Instagram, Facebook, Twitter, or LinkedIn to stay informed about local market trends, view our latest listings, and learn more about the Westport community.

 

 

Email Newsletter If you’re reading this, it probably means you’re already subscribed to our email newsletter! (Thank you!) Stay tuned for new virtual open house tours and Westport Wednesday videos with Jillian!

 

 

Westport Uncorked The Westport Sunrise Rotary’s annual fundraiser will be held this year at The Inn at Longshore on Friday, 11/18 at 6:30 pm. The $75 tickets can be purchased online by clicking here. A fun night supporting the Westport Sunrise Rotary charities.

 

 

Sign up for Westport Park and Rec Winter Programs now! From Pickleball to cooking classes there is winter fun for everyone at every age in the family!

 

 

Connecticut ranks 3rd for incoming residents. A recent report stated that Connecticut has been a very popular destination! Are you a new resident? Here’s a great town resource: The New Resident checklist.

 

 

Live on Stage: Rudolph the Red-Nosed Reindeer! And take a holiday photo with Rudolph after the show! Holiday fun for the whole family! Nov. 26th, 2 pm and 6 pm showtimes.

 

 

Get helpful resources here

 

 

 

Just in time for your Thanksgiving Meal Planning, the Westport Winter Farmer’s Market is back! The Winter Season opens Nov. 17th at Gilbertie’s Herbs and Garden Center every Thursday from 10 am-2 pm through March 9, 2023. Opening Day Celebration includes Bubble & Brew and Parlor Pizza Trucks with live music.

 

 

WPAL Rink at Longshore - Skate Park – Get ready for an active fun winter at Longshore! The ice skating rink is set to open in late November. So many fun classes and activities for the whole family.

 

 

2nd Annual Westport Downtown Holiday Stroll Dec. 3rd, 5-7pm. Come join the fun as the holidays get started and support your local Westport Downtown Merchants! Meet Santa, restaurant promotions retail specials are fun for kids and the whole family!

 

 

Our local charities need us now more than ever. The holidays are a time for giving back. Please consider giving your time, food, and/or donations to those in need.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16 Timber Lane | New Construction

 

 

 

 

 

 

Looking back over the past month at the Westport residential real estate market – including single-family homes, condos, and townhouses – what is remarkable is that although the number of properties sold is down by 34% (25 properties), the average sale price is up by 37% ($1.98M). It is also remarkable that the months of supply, the inventory, is up 18%; this means that it takes more time to sell what is on the market than it took last month. That time frame, however, is still relatively fast. That it takes 5.48 months to sell is not appreciably much longer than it takes to arrange for inspections, appraisals, and mortgage commitments. The sellers still have the advantage given the higher prices, but with the increase in inventory, buyers have more choices and a growing advantage.

For more market info over the last 30 days, click here.

 

 

 

 

 

 

416 homes have sold YTD, versus 530 homes for the same period last year. Of those homes sold last year, the average sale price was $1,748,137. This year’s average sale price has been $2,287,616. Sales volume has decreased, and home values have increased by 24%.

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!

 

 

November Final Thoughts

 

It’s crazy to think that the holidays are upon us. This season I am especially reflective and thankful. I have so many wonderful people in my life that it’s easy to always look at the glass half full. I recently spent a full day at a branding shoot and instead of feeling like work, it turned into a fabulously fun day that I was able to share with one of my close friends. Big thanks to my photographer, Pamela Einarsen, and my lovely friend, Hazel. Here’s a peek at how we spent the day.