Westport MA Homes for Sale and Real Estate Report May 2021

By
Real Estate Agent with Safe Harbor Realty Serving SouthCoast MA&RI

 Westport Mass Homes for sale and real estate

    There is a short supply of homes for sale in Westport and an abundance of buyers looking for a home to buy in Westport.  There are currently 22 homes for sale in Westport.  In a normal real estate market pre - Covid there are generally 90-125 homes for sale in Westport Mass.  The low supply of homes offered for sale and the high demand of buyers continue to make it a seller’s market. If you are thinking of selling and want to get top dollar it is a good time to sell.  Visit my website  How to get Top Dollar when you sell.    And get a Free Valuation report for your home. Not only will the report give you your home' value. You will also see how long it can take to sell and how much money you can walk away with.  10 homes sold in Westport in May 2021. Of the 10 homes, Every home except 1 went for asking price or over. Most homes sold for $20,000- $25,000 over asking price.

A Recent Open House in Westport MA held by Safe Harbor Realty had 42 buyers attend.  In less that a week, We had a total of 69 buyers view the house. The sellers were delighted to receive 13 offers on the home and most were over the asking price. Contact Karen Martin for real estate information for your home every market is different. 

Buying a home - Good news 

      If you are a home buyer one factor in your favor are the mortgage rates.  Rates are still at a historic low of around 3 percent. For Example,  a $300,000 30 year mortgage at 3 % would be  about  $1,264.81. The same mortgage at 4 %  would be  $1,432.25 and at 5 % would be $1,610.46. This example shows if rates raise just 2 points the difference would be around $345. a month more! Fannie Mae. An entity to help the housing market made this forecast- Mortgage rates will continue to rise through the end of the year. We estimate the 30 year fixed rate mortgage will average 3.4% in the last quarter of 2021. They also stated rising to  3.8% by the end of  2022.  This prediction suggests home owners thinking of re-financing should consider doing it now. 

   Visit my website www.KarenMartinHomes.com for Home Buyer Info It has a handy mortgage calculator you can use to :

  •      Understand how much of a mortgage you can qualify for.
  •      See the cost and savings of refinancing at a lower rate.
  •      Compare monthly vs Bi-Weekly.
  •      See the differences in mortgage payments and interest costs at different rates.

 National Associations of Realtors predicts – “ Sellers who have been hesitant to list homes due to Covid concerns, may be more inclined to list and show their homes with a population mostly vaccinated by the summer or 2021. ”  Patience is the key to buying a home this year, Don't give up!

Search Homes for Sale in Westport, MA

Visit my website www.KarenMartinHomes.com  to search for homes for sale in Westport MA and all of the South Coast area of MA & RI.  and sign up to be notified when a Westport Mass home hits the market, so you don't miss out. I am a full time real estate agent and available to help you to Own your Own Home! Call me, Karen Martin at 774-930-8181 to Move forward. 

 

Posted by

"You're in Good Hands with Karen "   Karen Ann Martin ~ Realtor Westport, MA Real Estate Services  

   Fall River ma Real estate agent Karen Martin   

Home Buyers : For a Free List of Homes for sale in Fall River MA area visit www.KarenMartinHomes.com

Home Sellers : For a Free Report of your homes Value call 774.930.8181 or email Karen@KarenMartinHomes.com  Add your address for your Free Report .  

Having trouble paying your mortgage ? Call or Email Karen.  Karen is Trained to help Home owners in need Avoid and stop Foreclosure Call Karen today you have options and most are of NO Cost !

Westport Mass Real Esate Agent Karen Ann Martin Safe Harbor Realty 1037 Main Rd. Westport Mass Homes for sale Call or Text  774.930.8181 Karen@KarenMartinHomes.com   

 

Comments (2)

Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Karen,  Thank you for sharing this real estate market report for Westport.  This sounds like a great place to live.  Buyers and sellers will benefit from reading your report.

May 29, 2021 05:16 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  Great information for buyers and sellers in your area.

May 30, 2021 03:05 AM