AUGUST LOCAL REAL ESTATE MARKET UPDATE

City: Westport, CT

By: Judy Michaelis 203 247-5000


Westport Real Estate Market Update, September



Hi Westport homeowners! I am here with the September market update (all data through August). Just as it’s been happening for the last couple of years, our Market is super strong. We only have 3.6 months supply of inventory, and as you know six months or less is a seller’s market, so we’re strong in the throes of a seller’s market. Just this past week, we had 109 active homes, we had 7 new homes come on the market, we had 9 accept an offer, and had 15 close. So basically we had way more go off the market then come on, and that is continuing in our market. In addition, Travel + Leisure magazine rated Westport as the most expensive town with the highest median sales price of anywhere else in Connecticut, and I was surprised: I thought that would be Greenwich but no, we surpassed Greenwich in the median sales price (I’m sure not the case with the average). Our market is super strong, and if you’ve had any thoughts of selling or you need a home equity checkup, I’d love to chat with you so call, text, or email me.

– Judy

Single Family Home Property Sales

WESTPORT, CT

Townhouse/Condo Property Sales

WESTPORT, CT

Median Sales Price, Single Family Home

WESTPORT, CT

Median Sales Price, Townhouse/Condo

WESTPORT, CT

A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.



Current as of September 8, 2022. All data from SmartMLS. Report © 2022 ShowingTime.

For the complete market report, you can download the PDF version, here.