Westport Real Estate Market Conditions & Reports, Westport Market Trends, Connecticut

Market Commentary Provided by Rosanne Nelson
The market is full of contradictions right now so it's difficult to predict what will happen in the next few months. There are great opportunities to find a fantastic home in a wonderful town but I believe it's more important than ever to have an experienced realtor at your side.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Rosanne Nelson
Touchstone Realty Group
Westport, Connecticut
203-451-6262
nelsonro1@optonline.net
Agent Home Page

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

$2,500,000 - 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?

Greatest Activity

First-Time Buyers

Buyer Activity for the past 90 days in Westport is

Seller Activity for the past 90 days in Westport is

Is Financing Available For Qualified Buyers in Westport?

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

Paul Newman lives there and Martha Stewart used to. A wonderful town that grew out the beautiful countryside with people from New York, very shiek. A lot of writers, actors and creative people live there. Lots of awesome country clubs and restaurants. Beautiful boating off of the Long Island sound.

Reason to Buy/Sell

Job Growth

Average Sold Price

$2,500,000 - 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.

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