Fairfield County Homes for Sale: Westport Real Estate Market Trends - June 2012

Westport Real Estate Market Trends - June 2012

 

WESTPORT

Market Trends Report

June 2012

 Westport CT Market Trends May 2012

 

Westport, Connecticut had a great Spring market with rising prices and decreasing inventory.  In fact, prices have been rising over the past 12 months, so this is not just a Spring market artifact. 

The amount of inventory that the market can absorb has not improved, however.   We look at the absorption rate over a 12 month period (see chart above), which means that it would take 14 months to sell every home currently on the market in Westport.

Although it is still a Buyer's Market in Westport, it is in line with many other Fairfield County towns. It is one of the few towns with sale prices significantly higher than a year ago.

If you are thinking of buying or selling in Westport, please call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.

 

 

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Comment balloon 2 commentsGail Robinson • July 21 2012 11:16PM

Comments

Dear Gail,

You are my hero now - a REAL Market Trends report! Hope everyone in your family is well and enjoying summer. 

Have a happy day -
Lynn 

Posted by Lynn B. Friedman, Concierge Service for Our Atlanta Sellers & Buyers (Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ...) almost 6 years ago

Lynn - Thank you, we are having a great summer.  Hope you are as well.

Posted by Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT (William Raveis Real Estate) almost 6 years ago

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