WESTPORT
Market Trends Report
March 2012
The Westport, Connecticut real estate market is improving and much more rapidly than most other towns in Fairfield County. Both the number of sales and market prices have risen over the past six months.
The amount of inventory that the market can absorb is down as well. We look at the absorption rate over a 12 month period (see chart above), which means that it would take about 12-13 months to sell every home currently on the market in Westport.
Although it is still a Buyers Market in Westport, thegreen areas on the chart show that the Westport real estate market is strengthening faster than many other Fairfield County towns.
If you are thinking of buying or selling in Westport, please call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
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