January 2013
The average sale price in 2010 was $1,386,168, in 2011 $1,264,304 and the average for 2012 was $1,342,558.
In the fourth quarter of 2012 there was a sudden rush to sell quickly before all of the tax laws changed. Many made sure that they were in a good position for Uncle Sam when he came knocking.....
The graph below shows that many Westport residents listed their homes in many price ranges in this last quarter. There was a huge jump in sales with the $1,000,000 plus price ranges in 2012.
In 2010,379 sold. In 2011, 379 homes sold. 391 homes sold in 2012.
Average sale price in December was $1,485,831 and 31 houses sold in December. Last year 391 homes sold with an average price of $1,342,558. There are currently 194 active listings and 40 pending in Westport.
(Numbers are all estimates)
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