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Southport Real Estate - 2007 Yearend update

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Real Estate Agent with William Raveis Real Estate - Fairfield, CT

Southport Real Estate - 2007 Yearend Update

Southport is one of the most desirable neighborhoods in Fairfield.  A key shipping port in Colonial times, this locale exudes charm and character at every turn from the harbor to the Village to Pequot Library to the Church steeple.  It is located on the border with Westport & Greens Farms.  Pequot Avenue makes a perfect entry to what is known as the Gold Coast - a great drive through the one of the Estate Neighborhoods linking Fairfield and Westport.

Southport is home to some of the most valuable and expensive Real Estate along the Connecticut Coastline.  This past year the high end sales really topped the charts with 883 Harbor Road selling for $7,750,000 and 1376 Pequot Avenue selling for $7,850,000.  These are two of the reasons Average Selling Price was up almost 30% from the prior year.

If you would like more information on Homes for Sale or Homes Recently Sold, please visit my web site at http://www.tetreau.com/

 

SOUTHPORT Update

Year to Date Sales of Single Family Homes

As of December 31

 

 

 

 

 

 

 

 

 

 

 

 

  

2007

2006

07 vs 06

2005

07 vs 05

Closes

76

39

95%

69

10%

Median Price

$1,212,500

$960,000

26%

$1,100,000

10%

Avg Selling Price

$1,618,526

$1,267,336

28%

$1,130,257

43%

  

  

  

  

  

  

 

 

 

 

  

 

 

 

 

 

 

 

Prepared by the TETREAU Real Estate Group from W. Raveis Real Estate