What has been going on in the Westport housing market during September?

What has been going on in the Westport housing market during September?

Here is some real estate market data describing the housing market in Westportduring the month of September and how it compares to the same time last year. The data is from the MLS and is for single family homes.

There were 10 single family homes sold in Westport area during September 2011 at an average sale price of $408,000 and median price of $361,000. For the same period in 2010, 4 single family homes sold with an average sales price of $335,848 and median price of $303,250.

Comparing this to last year volume is up 150%, while the average price up 21.5% and the median price up 19%.

There are currently 124 single family homes for sale in Westport, with a median asking price of $397,000, as compared to a year ago when there were 139 homes with a median asking price of $479,000.

Sellers enjoyed a very positive month in September. The current Inventory is down a bit, but lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Westport in a very good position. It’s time to act now!

To learn more about the Greater WestportMA area, visit my website at  www.stevew-homes.com  or contact me directly at 508-558-8035.