Local Housing Data Westport June 2009

Sales

Sales in June were 29. This is down 6.5% from 31 in June of 2008. Sales/list price ratio in June moved up to 92.9% from 89.3% in May.

Unit Sales
Prices
Median price in June was $1,150,000. This is down 21.8% from $1,470,000 in June of 2008. Average sale price (most recent 3 months) is $1,222,373, down substantially from $1,654,203 in 2008.
Median Sales Price
Inventory
Inventory is 446, up considerably from 396 in 2008. New listings of 88 in June were up substantially from 66 in May and way up from 72 in June of 2008.
Total Inventory
Market Time
Days on market of 105 in June was down considerably from 133 in May and down modestly from 109 in June of 2008. Months of supply in June moved up to 22.3 from 21.8 in May.
Market Time for Sold


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