Bross Chingas Bross Real Estate, Riverside Realty, #1 Team in Westport 2013-2015 Per CMLS; Over One BILLION Dollars in Career Sales
Westport Country Playhouse: The Invisible Hand, July 19-August 6
Adopt a Shelter Pet
Your 24/7 News Source

Wednesday, January 08, 2014

Real Estate Report: 2013 Was a Record Year

By Judy Szablak

With 465 single-family home sales reported in Westport in 2013, the year certainly held the promise that we thought it would, and then some.

WestportNow.com Image
This home at 391 Riverside Ave. is listed at $2,995,000. (CLICK TO ENLARGE) Photo courtesy of The Riverside Realty Group-Bross/Chingas/Bross

We have not come near that many closed units in the past decade since 2005, when we had 487 sales. Our peak was in 2004, with 501 sales, and our low point was in 2009 with just 250 sales reported.

The year 2013 was a record-breaking one for overall volume with a total of more than $715 million as reported through our Multiple Listing Service. This also represents the highest volume in the past decade and beyond, and incidentally exceeded 2005 by more than $20 million.

Average closed price for last year was $1,535,047, and has increased steadily since 2009. Our averages in 2013 show pricing somewhere between 2005 and 2006, which is outpacing the Case-Shiller projected national average.

More "Real Estate Report: 2013 Was a Record Year"

01/08/14 08:58 PM Comments (0) • PermalinkEmail Favicon Facebook Favicon LinkedIn Favicon

Page 1 of 1 pages
Register / Log in

Registration is required to post comments.
Sign Up  •  Login
Comment Policy

sponsors
Earthplace: Summer Fun for Ones and Twos! Visiting Nurse and Hospice of Fairfield County, Connecticut Gus Kalivas, CPA, Financial Advisor, Ameriprise WestportNow Year in Pictures 2015 Give to Public Schools in Need! - Go to DonorsChoose.org
what's inside
Property Transfers

MORE >>

Obituaries

Arts & Leisure

Business

Community

Health & Fitness

Education

Politics

Real Estate

Real Estate Report: 2013 Was a Record Year

Sports

Special Reports
Special Reports

MORE >>

SUBSCRIBE

Enter your email address to get WestportNow.com delivered to your inbox:

Powered by FeedBlitz

Westport Info
westport weather

Westport Weather - Current Conditions
Get more Westport weather

SB Exit 17 Saugatuck Ave.

(Click image to resume)
Click for ConnDOT View

Realtime NY Metro-area traffic reports from Traffic.com

SPONSORS
August West Chimney Sweeps

Francois du Pont
Jewelers

Francois du Pont, 6 Sconset Square

6 Sconset Square
Westport, CT
203·226·9804

Advertise on WestportNow.com ads@westportnow.com

WestportNow wins 17 citations in the 2015 Society of Professional Journalists, Connecticut Awards

InfoPulse LLC
recent comments
westport youtube

Reader nominations welcome:

social media


Westport-area Blogs

 06880
 BookTrib
 Burb Man: Brian Rutter
 Buster's Blog
 Chicken Spaghetti
 CT Bites
 CT News Junkie
 Fairfield Co. Real Estate
 Farewell Travels
 Friends of Westport Parks/Rec
 Geek the Library
 Hostile Entry
 Illuminara
 Jane Green
 Kosher Like Me
 MacaroniKid
 Major Knitter
 Much Ado About Stuffing
 Nancy on Norwalk
 Neurotwitch
 Nina Pomeroy Photography
 OmNomCT
 Our Town Crier
 Preserve Westport
 Prill Boyle's Defying Gravity
 Sherwood Island Friends
 Taking the Kids
 Videler Photography
 Volunteer Square
 Westport Weather Website
 Who, What, When-and Y
 Y's Women

Suggest a Westport-area blog by sending email to: