Category: Real Estate - Page 223

Sunday, October 18, 2026

Real Estate Report: Another Sign of Improving Market

By Judy Szablak

In another sign of the improving real estate market, CoreLogic’s latest Home Price Index shows November was up 7.4 percent from the same time period in 2011.

This home at 9 Partrick Lane is listed at $2,170,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis Real Estate/Michelle and Company

This gain represents the most significant increase in the index since 2006, and the ninth consecutive increase in home prices nationally on a year-over-year basis.

CoreLogic, a leading property information, analytics and services provider, noted that all but six states are experiencing year-over-year gains, and Connecticut was one of five states with the lowest home price depreciation of -0.5 percent

“As we close out 2012, the pending index suggests prices will remain strong.” said Mark Fleming, chief economist for Corelogic.

Monday, January 14th, 2013

WestportNow Teardown of the Day: 282 North Ave.

An application for a permit to demolish the house at Westport’s 282 North Ave., near Coleytown Road is in process. Built in 1934, the two-story custom colonial has 7,888 square feet and is situated on a 2.42-acre property. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Sunday, January 13th, 2013

Comings & Goings: Sherpa Fitness Relocates

Sherpa Fitness, located at 292 Post Road East, across from Playhouse Square, since 2007 has relocated to the lower level of 1555 Post Road East. Owner Jean-Paul Desrosiers, a resident of Weston who was raised in Westport, Mass., said the new 3,000-square foot facility was formerly occupied by the Kelly & Co. gym which vacated in September. Desrosiers said he and a former partner were the original owners of Westport’s Target Training, located at 772 Post Road East, which they started in 2005. A former semi-pro cyclist who served in the U.S. Marine Corps from 1993 to 1999, Desrosier said the theme of Sherpa Fitness is “to help their clients reach their physical and mental goals just as sherpas help those to climb Mt. Everest.” (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Friday, January 11th, 2013

Westport Property Transfers Dec. 24 – 28, 2012

Westport property transfers as reported by the Town Clerk’s office for the period Dec. 24 - 28, 2012:

John J. and Jennifer Mlynski to Gregory S. and Amanda J. Parker, 8 Partrick Lane, $1,600,000 WN property.jpg

Michele Knapp to Julie Gaines, 51 Maple Ave. North, $1,630,000
The 177 Main St. site of the former Remarkable Book Shop (seen in 1987 photo) sold for $4.2 million. (CLICK TO ENLARGE) Dave Matlow/WestportNow.com file photo

Randall K. Bart Tr. to Joshua and Ilana Cohen, 3 Valley Field Road, $877,500

James P. Ferrone to James P. Ferrone II, 12 Newtown Turnpike, $1,000,000

177 Main St Assoc LLC to 177 Main LLC, 177 Main St., $4,200,000

Joan Frazier Webb to CCO IV Sterling LLC, 24 Sterling Drive, $1,300,000

Real Estate Report: Year Past and Ahead

By Judy Szablak

If last year’s market was any indicator of things to come, we should be in good stead for 2013.

This home at 30 Ellery Lane is listed at $3,195,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis/Westport

Taking into account Case/Shiller indices, the National Association of Realtors Pending Home Sales (PHSI) and the National Association of Home Builders reports, along with other respected sources, and reviewing their findings along with our town’s activity, 2013 has the potential to be the best market we’ve had in years.

2012: Year in Review

The average sales price increased almost 4.7 percent from last year to $1,401,041, and the highest sale price reported through our MLS was $5.25 million.

Unit sales also increased by 4.7 percent on a year-over-year basis to 361 single family homes sold.

Thursday, January 10th, 2013

Comings & Goings: OODZ Relocates Downtown

The ODDZ shop, “a funky women’s clothing boutique,” as described by longtime owner Kim Celotto, will relocate from 142 Main St., under Tavern on Main Restaurant, to 139 Post Road East by March 1. Celotto said ODDZ originally opened on Washington Street, Norwalk and after five years relocated to its current Main Street address which had been its home for the past 10 years. She said that she has wanted a location that offers more space and the new Post Road East location is “50 percent bigger than the Main Street store.” Cellotto, a Westport resident, said she’s been in the fashion business all her life having designed clothes in New York for then years before opening the ODDZ business 15 years ago. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Tuesday, January 8th, 2013

Comings & Goings: John’s Best Closing After 45 Years

John’s Best Pizza, 361 Post Road West, will close on Jan. 20 or 21, according to Dino Avellino, owner since 1980 of the restaurant that dates to 1967. “I’ve been on a month-to-month lease for about a year but now the landlord wants to increase the rent, and I cannot afford it,” said Avellino, who turns 62 next month. “Business is slow but I could survive if it stayed at the old rent.” Avellino said John’s Best pizza restaurant was opened on July 1, 1967 by his cousin, Ralph Sandolo who, now at 84, still owns six other John’s Best Pizza restaurants in Connecticut—Norwalk, Ridgefield, Wilton and Brookfield. “This is the only John’s Best that’s closing,” he said. Avellino said John’s Best Pizza is one of the three oldest pizza places in Westport—the others are Westport Pizzeria and Angelina’s. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Monday, January 7th, 2013

Westport Property Transfers Dec. 17 – 21, 2012

Westport property transfers as reported by the Town Clerk’s office for the period Dec. 17 - 21, 2012:

James M. and Joanne Tricarico to George Justin and Joanne Phillips, 5 Forest Drive, $2,700,000 WN property.jpg

Annemarie McCalla to Vanbrodt Estates LLC, 42 Burr Farms Road, $476,500

David M. McGrath to Sefton D. and Jill T. Cohen, 316 Greens Farms Road, $1,463,875

This home at 7 Plunkett Place sold for $4,050,000. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Anne L. and Timothy L. Davies to Scott S. Balber and Elise Zealand, 112 Hillspoint Road, $1,160,000

26 Buena Vista LLC to Robert and Caroline M. Muir, 26 Buena Vista Drive, $2,600,000

Sonia Mihelic to Hugo M. and Gabiola G. Souza, 34 Roseville Road, $1,500,000

Emily M. Zagorski to Caitlin Boulier, 101 Bradley Lane, $667,500

Friday, January 4th, 2013

Comings & Goings: Winslow Park Animal Hospital Opens

The Winslow Park Animal Hospital has opened at 319 Post Road East. Co-owners are David Santisi. Edward Kurose, and Daniel Whalen. “We’re a general practice offering full service including dentistry and surgery,” said Santisi. He said he and his partners purchased the building, built in 1842, from the Westport Country Playhouse last August. Santisi said he and Whelan grew up in Westport and both are graduates of Staples High School. Kurose was also raised in the area and graduated from Fairfield Prep.The group also owns two other veterinary clinics in Norwalk—A Cat’s Place, founded by Santisi and Kurose in 1997, and Strawberry Hill Animal Hospital, which started in 1987. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Thursday, January 3rd, 2013

Real Estate Report: Another Positive Indicator

By Judy Szablak

In another positive indicator for the real estate market, the latest National Association of Realtors Pending Home Sales Index (PHSI) shows that sales have increased for the third straight month.

This home at 21 Partrick Road is listed at $2,099,000. (CLICK TO ENLARGE) Photo courtesy of Coldwell Banker Riverside- Westport/Welling Associates.

Pending home sales have also risen for 19 consecutive months on a year-over-year basis.

The PHSI, a forward looking indicator which reflects contract signings (but not closings), rose 1.7 percent to 106.4 in November, and is 9.8 percent above November 2011 when it was just 96.9.

The index has not been this high since April 2010, when it reached 111.3, and that was mainly due to buyers trying to beat the home buyer tax credit deadline. Another previous high of 107.9 was recorded in February 2007.

Real Estate Report: Another Sign of Improving Market

WestportNow Teardown of the Day: 282 North Ave.

Comings & Goings: Sherpa Fitness Relocates

Westport Property Transfers Dec. 24 – 28, 2012

Real Estate Report: Year Past and Ahead

Comings & Goings: OODZ Relocates Downtown

Comings & Goings: John’s Best Closing After 45 Years

Westport Property Transfers Dec. 17 – 21, 2012

Comings & Goings: Winslow Park Animal Hospital Opens

Real Estate Report: Another Positive Indicator

Property Transfers

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