| Market Commentary Provided by Top Agent |
| Report Date | Fall 2009 |
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| Nearest Metro Area | New York City--Manhattan, NY | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $2,000,000, - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | About the same | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Move-up Buyers | ||||
| Buyer Activity for the past 90 days in Weston and Wilton is | |||||
| Seller Activity for the past 90 days in Weston and Wilton is | |||||
| Is Financing Available For Qualified Buyers in Weston and Wilton? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Shares some of the amenities with Westport. People that live there have access to Westport Beach. Very desirable. Excellent schools. Homes have at least 2 acres. | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $2,000,000, - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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