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Westport CT Real Estate Market Update-Active Listings (Single Family and Condominiums)

Here is a quick market update on active single family homes in Westport Connecticut:

There are 307 single family listings on the market with the lowest price at $399,000 on Oakview and a high of $24,950,000 (yes, that is million) on Beachside Avenue. The median listing price is $1,595,000. I always like to use median, which is the “middle of the market” versus averages. The highest “days on market” is 808 days with the median at 126 days.

Here is a snapshot of the active condominium units in Westport Connecticut:

There are 20 condominiums on the market with the low of $294,500 on Hills Lane and the high of $1,495,000 in Regent’s Park. The median listing price is $699,500. The highest “days on market” is 440 days with the median at 109.

Prices are holding steady however, with a slow pipeline of binders and contracts in the hopper compared to last year, there will be pressure on prices in the next few months. I expect that we will be looking at a more aggressively priced market in the Spring.

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