By Judy Szablak
Special to WestportNowIt may not feel like spring outside lately, and it doesn’t really feel like a typical spring market in Westport, either.

Featured Home: This home at 6 Buena Vista Drive is listed at $1,975,000. (CLICK TO ENLARGE) Photo courtesy of Higgins Group Bedford Square.
That is, unless you are lucky enough to be in one of the “price pockets” enjoying an uptick in activity. It is critical to pay attention as to what kind of activity is happening in your range, so that you can plan to buy or sell at the most opportune time
It is important to remember that the available amount of inventory in a particular range translates to a lot of competition, which adds to market time and puts the supply vs. demand factor into play, which has an effect on pricing.
For example, the price pockets with the most available homes for sale are within the $2.25-$2.5 million range with 25 properties available, and they have an average market time of 110 days, with a cumulative market time of 317 days.