Westport MA. Real Estate Market Activity for the 1st half of 2011

By
Real Estate Agent with SB&A Realty Group

Westport MA. Real Estate Market Activity for the 1st half of 2011 according to MLS Market Statistics is summarized below:

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For the period of January 1 through June 30 2011, 51 properties sold (single family, multi family and condos) in Westport, MA. For the same period in 2010, 52 properties sold. This was a decrease of 1 property or 2%.

 

For the same period the average selling price in Westport in 2011 was $436,964 versus $369,446 in 2010, or an 18% increase.

 

The average number days homes were on the market (amount of time it took to sell the property) in Westport for this period in 2011 were 175 days versus 197 days in 2010 - a decrease of 22 days or 11%.

 

To summarize, home sales for the first six months of this year versus last year, in Westport MA, were off 2%, the price the homes sold for was up 18% and the length of time it took to sell these home decreased 11%. There are 165 homes for sale in Westport as of 7/1/11 with an average list price of $540,700 and have been on the market for an average of 224 days.

 

To learn more about the Westport and the Greater Fall River area, visit my website at www.stevew-homes.com or contact me directly at 508-558-8035.

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