Fairfield County Homes for Sale: January 2013

Westport Connecticut Real Estate Market Trends - December 2012

WESTPORT

Market Trends

December 2012

Westport Real Estate Market Trends December 2012

Westport is almost a balanced market with 6.9 months of inventory on the market (the 12 month figure is used for the absorption analysis.   The three month trend prices are higher than the six month trend prices, and suggest that higher end homes sold near the end of the year.

Westport appears to have hit bottom in February 2012, and is in recovery.  The sales of higher end homes is especially encouraging.

Westport Inventory

Westport Real Estate Inventory December 2012

Westport Sales

Westport Real Estate Sales December 2012

Hottest Homes in Westport

What homes are most in demand by buyer in Westport?  The sweet spot in the market is for 5+ bedroom homes with a list price of $2.1-2.2 million.  They tend to be on the market for 129 days and sell for 97% of list price.

 

 

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Comment balloon 0 commentsGail Robinson • January 27 2013 06:54PM
Westport Connecticut Real Estate Market Trends - December 2012
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WESTPORT Market Trends December 2012 Westport is almost a balanced market with 6. 9 months of inventory on the market (the 12 month figure is used for the absorption analysis. The three month trend prices are higher than… more
Weston Connecticut Real Estate Market Trends - December 2012
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WESTON Market Trends December 2012 Weston is still a strong Buyer’s Market. There is still a lot of inventory on the market, 11. 6 months’ worth (we use the 12 month figure for the absorption analysis). This is the highest… more
Wilton Connecticut Real Estate Market Trends Report - December 2012
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WILTON Market Trends December 2012 Wilton is still in a Buyer’s Market, but heading towards a balanced market. Prices continue to decrease, suggesting both fewer sales at the high end and lower prices overall. Average Days… more
Trumbull Connecticut Real Estate Market Trends Report - December 2012
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TRUMBULL Market Trends December 2012 Trumbull’s market slowed down after a healthy Spring market. It still looks like Trumbull’s real estate market hit bottom in Q4 2011 and has been in recovery since then. With only 4. 3… more
Shelton Connecticut Real Estate Market Trends - December 2012
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SHELTON Market Trends December 2012 The Shelton market appears to have hit bottom in Q4 2011 and has been improving ever since. It has increasing prices, shorter days on market, lower inventory, and a very good Average List… more
Norwalk Connecticut Real Estate Market Trends - December 2012
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NORWALK Market Trends December 2012 Norwalk is now a Balanced Market favoring neither Sellers nor Buyers, but markets rarely stay balanced, they are always in transition towards a Seller’s Market or a Buyer’s Market. The… more
New Canaan Connecticut Real Estate Market Trends - December 2012
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NEW CANAAN Market Trends December 2012 New Canaan’s market remained strong until the last three months. Nevertheless, prices are higher than at the start of the year. The bottom of the market in most of Fairfield County… more
Monroe Connecticut Real Estate Market Trends Report - December 2012
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MONROE Market Trends December 2012 Monroe’s chart shows mixed signal over the past 3 months. Sale prices have decreased significantly, but more homes are selling, which suggests homes at the lower end of the market are… more
Fairfield Connecticut Real Estate Market Trends Report - December 2012
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FAIRFIELD Market Trends December 2012 Fairfield is in a Seller’s Market with 5. 3 months of inventory (the 12 month figure is used for the Absorption Analysis). The impact of Hurricane Sandy at the end of October is not yet… more
Easton Connecticut Real Estate Market Trends Report - December 2012
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EASTON Market Trends December 2012 Easton is still a Buyer’s Market with 9. 1 months of inventory (the 12 month figure is used for Absorption Analysis). The market trends are all in the direction of a stronger Buyer’s… more