We’re more than halfway through October 2016 and currently there are 333 Single Family (SF) homes listed on the MLS in Westport, CT. During the period of Jan 1-Sep 30, 2016, 292 SF homes sold in Westport. A breakdown below show how many homes sold in the various price ranges.
42 sold in the $300,000-$700,000 range
41 sold in the $701,000-$900,000 range
28 sold in the $901,000-$1,100,000 range
69 sold in the $1,101,000-$1,500,000 range
50 sold in the $1,501,000-$2,000,000 range
55 sold in the $2,001,000-$4,000,000 range
7 sold in the $4,001,000+ range
As a reference and comparison, during the same time frame in 2015, 296 SF homes sold. 26 were in the $300-$700 price range, 50 in the $701-$900 range, 40 in the $901-$1100 range, 60 in the $1,101,000-$1,500,000 range, 48 in the $1,501,000-$2,000,000 range, 63 were in the $2,001,000-$4,000,000 one and 9 sold in the $4,001,000+ range.
The average sale price in Westport during the Jan-Sep 2016 time frame has decreased almost 9% (again compared to the same date range in 2015), while the number of homes sold is about the same. Average days on market is 118 compared to this time last year at 110.
Fall is still a good time to list your home because typically the buyers out looking right now are serious. If you need help getting the home selling process started, either with general information or tips on getting your home ready, please contact me.
Information based on Single Family Homes statistics provided by the GFC Consolidated Multiple Listing Service as of 10/23/16.