Westport is is the only town to show increases in Average List Price and Sales Price for the past six months. However, it would take 13.6 months to sell off all the inventory in Westport (the 12 month rate is used), so it is still a strong Buyer’s Market in Westport. (A balanced market is 6 months of inventory and less than 6 months is a Seller’s Market.)
The Average Homes Sold Per Month figure shows fewer homes are selling and spending more Days on Market before selling, so we have mixed indicators for this market. When all the indicators in the 3 month column are green, we will have consistent, positive market trend indicators for this market.