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Health & Fitness

Summary Real Estate Market Performance Through July 2011 vs. 2010

I tractksales, median selling price and days in market of Real Estate Market in Westport and surrounding towns monthly. The source of the information is CMLS.

For Westport, the trend is mostly positive but July was a terrible month. In July sale were down 34% and median selling price was down 2%.

For year to date, selling price was up, sales in units was up and average days on market was down.

For surrounding towns, the trend is mixed and July was a  terrible month. In July, sales were down 36% and median selling price was down 6%

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For YTD, the median selling price was up, the number of units sold was down and the  average days on marker was up and inventory was up. 

Summary Westport Real Estate Market Performance through July, 2011

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If you want to see charts go to http://swreilly.blogspot.com/

Median selling price was up 9% in 2011 vs. 2010 and down 17% since the peak in 2008.

Westport Properties sold through July, 2011

Properties sold through June 2011 was up 5% since same period 2010 and down 17% since peak in 2007.

Westport Average days on market through July, 2011

The Average Days on Market was up 8% in 2011 vs. 2010

Summary Surrounding Towns (Norwalk, Wilton, Weston,Fairfiled, Easton, Ridgefield aand Redding) Real Estate Market Performance through July, 2011

Median selling Price through July, 2011

Median selling price was up 3% in 2011 vs. 2010 and down 12% since peak in 2007.  

Properties sold through July, 2011

Properties sold through June, 2011 was down 11% since 2010 and down 38% since peak in 2007.

Average days on market through July, 2011

The Average Days on Market was up 9% in 2011 vs. 2010 and up 24% since 2007.

Inventory of Properties for Sale in Westport

The number of houses and condos for sale as of August 15, 2011 was down 5% vs. last month and Down 5% since last year.

Inventory of Properties for Sale insurrounding towns

The number of houses and condos for sale as of August 15, 2011 was down 3.5% vs. last month and down .5% since last year.

See the following sites for real estate information or call any time.

www.swreilly.com

Regards,

Stephen Reilly

Higgins Group

Best Practice Real Estate

278 Post Road East

Westport, CT 06880

203-246-7372

swreilly@swreilly.com

www.westport-homestore.com

licensed in Connecticut

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