Weston Real Estate and Home Sales Update
February 2008
Weston seems to be keeping up with last year's pace. Ten Closed sales may be down from last year but it is ahead of 2006 and one strong month will make up the difference.
Prices are running strong too. So while we haven't shot out of the gates like a cannonball, we haven't stumbled either. All eyes turn to the Federal Reserve to see what the lies ahead for interest rates.
The lowest priced home was 25 Old Stage Coach Road - a 3 Bedroom Ranch with 2416 SF and 2.33 Acres built in 1955. It sold for $500,000. The highest priced home was 10 Old Easton Turnpike - a 5 Bedroom Colonial with 7,220 SF on 6.17 Acres built in 1999. It sold for $5,200,000.
WESTON Update |
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Year to Date Sales of Single Family Homes |
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As of February 29 |
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| 2008 | 2007 | 08 vs 07 | 2006 | 08 vs 06 |
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Closes | 10 | 12 | -17% | 8 | 25% |
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Median Price | $1,373,000 | $896,000 | 53% | $1,092,000 | 26% |
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Avg Selling Price | $1,629,225 | $1,096,854 | 49% | $1,164,000 | 40% |
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Prepared by the TETREAU Real Estate Group from W. Raveis Real Estate |
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