westport ct: Westport, CT: Single-Family Home Sales
- 12/11/14 01:00 AM
Westport, CT: Single-Family Home Sales
As 2014 draws to a close, we are set to post the finishing numbers on what has turned out to be a disappointing year for the Westport real estate market. The year got off to a shaky start, as winter storms pummeled Westport, during January and February. By March and April, the market appeared to be getting back on track, as monthly number of homes sold approached 2013 levels. The optimism was short lived and the expected late spring market surge never materialized. At the end of the first two quarters, unit sales were down 19% vs. … (1 comments)
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westport ct: Westport CT; Great Duck Race 2014
- 06/23/14 06:05 AM
Westport Summer 2014
Glorious weather ushered in the first day of summer, as Westporters celebrated at Jesup Green, along the Saugatuck River, at the 6th Annual Great Duck Race. The event, sponsored by the Westport Sunrise Rotary, raises money for local and international charities. As the crowd anxiously awaited the start of the race, they enjoyed the many activity booths, including children's crafts, face painting, food and a chance to send local elected officials into the dunk tank.
Also in display were the fun and creative entries, vying for the Best Decorated Duck trophy.
With a slightly delayed start, as last minute … (0 comments)
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westport ct: Westport, CT Real Estate: Home Sales on Track for Banner Year
- 10/17/13 04:41 AM
Westport, CT Real Estate: Home Sales on Track for Banner Year
2013 is shaping up to be a good year for real estate, in Westport, Connecticut. Single-family home sales posted a 30 percent increase during the first three months of the year, versus first quarter 2012. In spite of rising mortgage interest rates, robust gains continued through the next two quarters. By the close of the third quarter, 361 transactions had closed, only one behind the total single-family home sales for all of 2013 and more than the annual number of units sold in 2008 through 2011.
THIS DATA IS COMPILED FROM THE CONSOLIDATED … (2 comments)
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westport ct: Westport CT: Hunt Club Area Popular With Local Builders
- 08/13/13 06:53 AM
Westport CT: Hunt Club Area Popular With Local Builders
It is tough to drive more than a few minutes, in Westport, without passing a new construction home. Of the 277 single-family homes actively listed on the MLS, 43 of them are proposed, under construction or recently built (since 2012.) Another five recently built homes, four of which are still under construction, have accepted offers, while an additional ten have sales pending. Of these 58 homes, 13 are in the Hunt Club marketing area, with 8 active listings, 2 accepted offers and 3 sales pending. This currently has the Hunt Club … (0 comments)
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westport ct: Westport, CT: The Great Duck Race kicks off first official weekend of summer
- 06/25/13 03:20 AM
Westport, CT: The Great Duck Race kicks off first official weekend of summer
For the moment, the cold rainy weekends of spring were forgotten as glorious weather ushered in the first official weekend of summer. Westporters and visitors from far and near gathered at Parker Harding Plaza to enjoy The Great Duck Race, an annual fundraiser sponsored by Westport Sunrise Rotary, with proceeds raised to support local charities. For $20, you could purchase a ticket, representing a numbered duck, and a chance to win one of ten prizes. First prize was a $5,000 Visa Gift Card.
… (2 comments)
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westport ct: Westport, CT – 1st Quarter Market Stats 2013
- 05/08/13 04:10 AM
Westport, CT – 1st Quarter Market Stats 2013
Units
Westport single-family home sales posted its best 1st quarter market results since 2006.There were seventy-nine closed transactions during the quarter, representing a thirty percent gain over 1st quarter 2012.
Dollars
Prices were fairly flat, for the 1st quarter. Although moving to the up side, median sold price only showed a one percent gain, compared with a year ago. However, on a positive note for the trend, this was the second year that the 1st quarter median sales price was higher than the overall median sale price for … (4 comments)
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westport ct: Westport Market Momentum Continues
- 03/16/13 04:06 AM
As we draw to the end of the first quarter, we continue to see signs of recovery in the Westport housing market. After the December sales surge and the sparse inventory that followed, January saw a slight dip in single-family home sales. Since then, activity has picked up. Year-to-date (3/16/13,) Westport has fifty-nine sales, posting a nine percent gain over the corresponding period, last year. With half the month of March to go, unit sales are only two behind the first quarter of 2012. That number should be easily reached as there are currently fifty-four sales pending and another fifty-one homes with agreed to offers.
Another sign of … (4 comments)
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westport ct: Westport, CT - Another Day at the Beach
- 10/20/12 07:36 AM
Compo Beach was hopping today, as Westporters turned out to enjoy a glorious October afternoon. Since beach parking stickers are not required after September 30, I wouldn't be surprised if some out-of-town friends were also inattendance. Driving into the beach area, it was obviousthat all the best spots were taken.As I walked the beach, I saw people taking taking advantage of the wide range of activities that the Compo Beach complex offers.Of course, there were the sun-worshipers stretched out on blankets and beach chairs, soaking up the rays (it is the beach, after all!) I even saw a few brave folks taking a dip in the … (2 comments)
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westport ct: Terrain Opens in Westport, CT
- 05/11/12 07:24 AM
On Friday, Wesporters flocked to the much anticipated opening, of Terrain, a super-sized home-decor and garden center. Following a final few weeks of intense activity, the center opened, as promised, in time for
Mother's Day Weekend.
In addition to the large outdoor nursery
and greenhouse, the store features a
potpourri of indoor plants, decorative
containers, hand-made furniture, kitchen
and home accessories, beauty lotions,
jewelry, and edibles. Terrain also
offers landscape design services.
Also featured, inside the store, is a coffee
bar, offering a wide choice of beverages and baked
goods and a garden cafe, serving lunch and dinner.
Terrain's entry into Westport brought an immediate improvement to the landscape along the Post … (1 comments)
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westport ct: Westport CT: Commuter Shuttle Routes in Jeopardy
- 05/04/12 10:33 AM
On Monday, May 7, the Representative Town Meeting (RTM) will vote on whether to override a $60,000 cut in funds, in order to fully restore Westport’s Transit District budget. A 70 percent vote is needed in order to override the Board of Finance cuts. What’s at stake is the future of the commuter shuttle routes serving Westport’s Greens Farms and Saugatuck train stations.
The Board of Finance initially slashed $113,753, or nearly half of next year’s transit budget, allowing just one commuter route to remain, running between the Imperial Avenue parking lot and the Saugatuck (Westport Metro-North) train station. On April … (0 comments)
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westport ct: Westport, CT: March 2012 Home Sales
- 04/25/12 02:40 AM
What a difference a year makes. In March 2011, 20 single-family homes sold in Westport, CT. The same number sold in March 2012. While monthly unit sales remained the same, median and average sale price soared, up 31% and 32%, respectively. In March 2011, the median sold price was $955,500. This March, the median sold price rose over $400,000 to $1,388,750.
Before we get too excited, and jump to precipitous conclusions, lets examine the statistics closer. Looking at the actual sales data, it is apparent that the rise in sale price is not an indication of increasing home values, but rather a change in the segment of the market that … (0 comments)
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westport ct: Westport CT Market Report- Single-Family Home Sale Trends
- 01/24/12 04:39 AM
As we begin the new year, the crystal balls have come out and there have been a wide range of predictions for how the housing market will perform in 2012. I have read that this year we will see a minor recovery, that pent up demand will drive a major recovery, that prices will fall through the first half of the year but pick up, starting in June, that prices won't begin to rebound until 2013, and so on. You get the picture.
While overall forecasts may be useful in determining the state of the economic recovery, they are not really relevant for the home buyer or seller. The numbers that should be important … (3 comments)
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westport ct: Westport, CT Market Report - A buyer's market....or not!
- 01/16/12 10:41 AM
One method for assessing the activity of the housing market is by calculating the absorption rate. The rate is determined by dividing the current number of active listings by the average number of homes selling each month. The resulting figure shows the number of months it would take to sell the existing inventory of active listings. A normal or balanced market would have a five to six month supply of homes. A seller's market, reflecting a limited number of homes for sale, would have a one to four month supply. A supply time of seven months or more would indicate a buyer's market.
Supply Time Market Description1 … (4 comments)
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westport ct: Westport, CT - 2011 Housing Market Report
- 01/13/12 05:29 AM
The Westport housing market ended on a ho-hum note. On an annual basis, single-family home sales were off two percent (2%) compared with 2010. While unit sales remained comfortably ahead of 2008 and 2009, they were well off the highs posted in the previous decade.
Prices continued to soften. The median sold price of a single-family home, for 2011, was $1,085,625. This represented a five percent (5%) decline from the 2010 median sold price of $1,145,000. The bulk of the sales were for homes selling between one and two million dollars. This segment represented forty percent (40%) of total units sold, for both years. … (0 comments)
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westport ct: Westport, CT - Caution, Falling Trees
- 08/09/11 08:18 AM
{EAV_BLOG_VER:c5902e4f9d316056} Adding to the charm of Westport. CT are the stately trees that line our roads and grace our yards. Along with the beauty of wooded properties, however, comes the potential disruption and danger caused by falling trees. The most common occurrences happen during major storms, when fallen limbs routinely cause power outages. Three times, early this summer, trees fell on motorists on the Merritt Parkway, in Stamford, Westport and Fairfield, in one instance resulting in a fatality.
Of course, trees can also fall on fair weather days, especially if they are diseased or damaged. So, we were less than thrilled to notice … (4 comments)
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westport ct: Westport CT - Boating Season 2011...Finally Arrives!!
- 05/13/11 06:51 AM
Westport CT - Boating Season 2011...Finally Arrives!!
As weeks of cool weather persisted, it felt like spring would never take hold. However, if recent activity at Saugatuck Harbor Yacht Club, in Westport, is any indication, boating season 2011 has finally arrived in Connecticut.
Waiting to be uncovered
Painting the bottom
Varnishing the teak
Polishing the fiberglass
Ready to go
Copyright © 2011 Marilyn Katz, WestportCTProperties, All Rights Reserved... Westport CT - Boating Season 2011...Finally Arrives!!
… (2 comments)
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westport ct: Westport, CT - Last Licks at the Beach!
- 03/17/11 10:02 AM
Westport, CT - Last Licks at the Beach!
It was a glorious afternoon for getting in Last Licks, at the beach.
Compo Beach rules say:
"NO ANIMALS ARE ALLOWED BEYOND THIS POINT FROM APRIL 1ST - SEPT 30TH."
In the meantime, there's still time for a friendly run.
And, what's a day at the beach, without a dip in Long Island Sound?
Only 2 weeks left at the beach, but all is not lost.
Westport canines have their own "Doggie Park" (aka Winslow Park),
in which to romp around, all year long.
Copyright © 2011 … (12 comments)
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westport ct: Wordless Wednesday: Westport, CT - Snowhere to go!!
- 01/12/11 03:40 AM
Westport, CT - Snowhere to go!!
Woke up this morning to amazing snow totals
Won't be grilling, anytime time soon
Cleared the driveway, but not going anywhere - Road not plowed!!
Copyright © 2011 Marilyn Katz, WestportCTProperties, All Rights Reserved... Wordless Wednesday: Westport, CT - Snowhere to go!!
… (6 comments)
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westport ct: Wordless Wednesday: Westport, CT - 5 Months to Boating Season
- 11/17/10 09:17 AM
Westport, CT...5 Months to Boating Season
Photograph taken with a Point and Shoot Nikon, Coolpix S1. Photo displayed taken by Marilyn Katz and is covered by Copyright, all rights reserved and may not be reproduced without express written permission.
Copyright © 2010 Marilyn Katz, WestportCTProperties, All Rights Reserved... Wordless Wednesday: Westport, CT - 5 Months to Boating Season
… (2 comments)
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westport ct: Westport - Staples H.S. Boy's Soccer win CIAC Opener
- 11/10/10 05:06 AM
The strength of the Staples High School soccer program was on display, yesterday, as the boy's team chalked up an easy win over West Haven, in the opener of the CIAC LL (extra large school) State Championship. The team scored their first goal, fifteen minutes into play, followed by a second goal, only seconds later. At the end of the first half, Staples led 3-0, which held as a final score.
The team will move on to the second round as they defend their 2009 State Championship. Last week's win in the FCIAC was their 3rd consecutive … (4 comments)
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Westport, CT: Single-Family Home Sales
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