Local Housing Data Westport, CT July 2009

Sales

Sales in July were 34. This is down 10.5% from 38 in July of 2008. Sales/list price ratio in July moved up to 93.9% from 92.9% in June.Unit Sales  Westport

Prices
Median price in July was $1,290,000. This is down 14.9% from $1,515,000 in July of 2008. Average sale price (most recent 3 months) is $1,418,242, way down from $1,775,833 in 2008.
Median Sales Price  Westport
Inventory
Inventory is 437, up considerably from 378 in 2008. New listings of 67 in July were way down from 88 in June but up modestly from 61 in July of 2008.
Total Inventory  Westport
Market Time
Days on market of 113 in July was up a bit from 105 in June and way up from 90 in July of 2008. Months of supply in July moved down to 22.2 from 22.3 in June.
Market Time for Sold   Westport

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