Thursday, January 23, 2014
By Judy Szablak
What kind of home can you expect to get in town as the average price of a home in Westport nears $2.6 million?
With fewer than 20 percent of the 203 properties currently available falling within a small percentage of our overall average price, a detailed review of these 36 homes shows that one can reasonably anticipate to find a 4,800-square foot five-bedroom colonial with at least 10 rooms, a total of six baths on at least three-quarters of an acre, with city water and a security system.
While there is less than a 20 percent chance that a home in this range will have direct waterfront, there is a 50 percent likelihood that the home will have a pool. Expect a one-in-three probability to be on a cul-de-sac , and a 50-50 chance of having a three-car garage.
There are now 203 homes that are actively on the market, and inventory is gradually improving. These currently available properties have been listed for average of 124 days, with a cumulative market time of 214 days. The average list price is now $2,574,886. The median price is fairly stable at $2,100,000.
Enter your email address to get WestportNow.com delivered to your inbox:
Powered by FeedBlitz
(Click image to resume)
Click for ConnDOT View
Agreed - very odd story. I can see…by Nick Blaikie
This story seemed very fishy from the beginning.…by Paul Bradshaw
Jonathan Steinberg continues to mislead the residents and…by Bart Shuldman
The Good Samaritan state law protects anyone who…by Wendy G. Batteau
Reader nominations welcome:
Burb Man: Brian Rutter
CT News Junkie
Fairfield Co. Real Estate
Friends of Westport Parks/Rec
Geek the Library
Kosher Like Me
Much Ado About Stuffing
Nancy on Norwalk
Nina Pomeroy Photography
Our Town Crier
Prill Boyle's Defying Gravity
Sherwood Island Friends
Taking the Kids
Westport Weather Website
Suggest a Westport-area blog by sending email to: