By Judy Szablak
Special to WestportNowIn today’s Westport real estate market, the healthiest “price pocket” is homes priced under $1 million.
Featured Home This home at 87 Hillandale Road is listed at $725,000. (CLICK TO ENLARGE) Photo courtesy of The Higgins Group/Westport
There are currently 67 homes available in this range that have an average listing price of $747,872, and have an average size of 2,142 square feet.
There are 33 homes under contract which equates to 34.7 percent of everything in town that is currently under deposit. Considering that this price pocket makes up only 17.8 percent of the available inventory, this segment of the market is particularly “hot.”
The unique aspect of this price point is that many of these homes not only appeal to buyers looking for an entrance to owning real estate in Westport, they also appeal to builders looking for teardown opportunities.





