Snapshot of Westport CT Real Estate Prices 2007-2011

Snapshot of Westport CT Real Estate Prices 2007-2011

Interesting things are happening with pricing in the Westport Connecticut market. Looking at the numbers since 2000, Westport CT median prices peaked in 2007 at $1,400,000 and started sliding in 2008, down to $1,251,000. 2009 took a toll on the overall market and the median price to $930,000. In 2010, it flattened out at $938,900 and 2011 is showing some signs of life at $1,139,500. Remember, the median is the middle of the market. It simply represents the “mix” in the market. So, in 2011, we are seeing the “mix” increase. The lower end of the market is still moving and  the number of units sold are at 128 versus 102 sold through May 2010. Encouraging news for sellers, however, “right pricing” and perceived value are key to attracting buyers. They are still in drivers seat and there is continued pressure on pricing. Check back in for additional details of the market including average “days on market”, and average list prices.

Comments Closed

Comments are closed.

Buying, Selling Or Renting In Fairfield County Connecticut? Contact Us At (203)253-9222 is known as "Fairfield County CT's Favorite Real Estate Blog". We feature market statistics, community events and interesting happenings in and around lower Fairfield County Connecticut, including Westport, Weston, Wilton, Norwalk, Fairfield and Easton. Look for real estate tips with a focus on "green living" in the area.
Contact me at or at (203)253-9222 for info on all real estate services, including buying, selling or renting in Fairfield County, Connecticut or in any other county or state through our national network. We also specialize in buying or selling "short sales" and foreclosures.

Search Like An Agent For A Home Or Rental

Do you think online marketing makes a difference in exposing your home to the market?

According to the National Association of Realtors, 91% of all buyers begin their search on the internet. As a seller, having a definitive online strategy creates a differentiation to maximize your exposure to the right target market. I offer 31 years of real estate experience with a strong technology twist and focus on utilizing Google to attract attention to your listing. Find out how we can create an advantage for you.

Investors from New York Searching In Fairfield County

Are you an investor from New York looking for well-valued properties in Fairfield County? We will pair you with an experienced agent who can assist you in your search. Melissa Riley (203)253-9222. Berkshire Hathaway HomeServices-New England Properties

Luxury Rental Listings Are Needed

Fairfield County, including the towns of Westport, Weston, Fairfield, Easton, Wilton and Norwalk are highly desirable towns for rentals.
We are experiencing a lack of quality luxury rental listings in lower Fairfield County. We have tenants looking for rental properties that fit their needs.
We will assist you with establishing the rental value on your home and helping you through rental process. Proper representation is the core of our business and I we zero in on your needs no matter if you are landlord or tenant.

Closing Cost Estimator

Loan Information
Loan Amount $
View/Edit Closing Cost Details