Weston Connecticut Real Estate Market Trends - Q1 2013

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Real Estate Agent with William Raveis Real Estate RES.0772823

 

WESTON

Market Trends Report

Q1 2013

 

Weston Connecticut Real Estate Market Trends - Q1 2013

The Weston market has not improved since last year with 6% fewer homes selling this quarter than at the same time last year.  There are 23% fewer listings on the market which has resulted in 21 months of inventory vs. 26 months last year.  Sale prices have increased by 21% due to a combination of lower inventory and more sales at the high end of the market. 

Last year in Q1 the price range was $197,500 to $1.2 million with a median sale price of $625,000.  1 home  sold for over $1 million.  In Q1 2013, the lowest sale was $335,000 and the highest was $1.8 million with a median sale price of $656,000.  2 homes sold for over $1 million.

The homes most in demand in Weston during Q1 2013 were 5+ bedrooms in the $950,000-975,000 list price range.  They tended to be on the market 138 days and sell at 96% of list price.

If you are thinking of buying or selling in Weston, Connecticut, please call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.

 

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