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Westport Home Prices Up Almost 20 Percent in Past Year

The average Westport home sold for 19.9 percent more in the first nine months of this year compared to last year, according to statistics compiled by the Multiple Listing Service (MLS).

The average price rose to $1,319,518, from $1,100,145, while the median price rose even higher—21.9 percent to $1.1 million, from $902,500. The final average list price for homes was $1,370,304.

Single-family sales soared 28.2 percent to 405, from 316 in Westport, the report showed.

Condo sales more than doubled to 45, from 21 the year before. The average price was up 36.7 percent to $718,027, from $525,076.

Westport Property Transfers Nov. 8-12, 2004

Property transfers as reported by the Town Clerk’s office for the period Nov. 8-12, 2004:

Thomas M. and Carolyn L. Lynch to Sir-Franklin LLC, 14 Franklin Ave., $769,500WN property.jpg

Hudson United Bank to 87 Post Road East Associates LLC, 87 Post Road East, $4,200,000

Estate of Ruby Brotherton to Sturges Build LLC, 131 Sturges Highway, $600,000

Lillian E. Richman Trust to Richard J. and Geraldine Donoghue, 116 Weston Road, $1,100,000

Jeffrey E. and Christina S. Parrott to Mark and Dana Rudick, 21 Weston Road, $845,000

Florence Michalek to Redcoat Development II LLC, 17 Turkey Hill Road South, $685,000

Main Street Building Changes Hands in $9.4 Million Sale

145mainstreet11160401.jpg
A Westport Main Street building, No. 145 currently occupied by J. Crew, has been sold for $9.4 million to a Greenwich buyer. A real estate source said the pricetag was a record for two floors of retail space on Main Street with the buyer paying more than $1,000 a square foot. J. Crew recently entered into an additional 10-year lease for the building, the source said. (CLICK TO ENLARGE) WestportNow.com photo

Westport Property Transfers Nov. 1-5, 2004

Property transfers as reported by the Town Clerk’s office for the period Nov. 1-5, 2004:

Lauren M. and Paul E. Sveen to MIGroup Inc., 56 Red Coat Road, $1,775,000WN property.jpg

Lynn D. and Lavonne R. Kramer to Charles G. Berg, 72 Compo Mill Cove, $1,650,000

Stephen Hofeheimer to Sally S. Kidd, 29 Oakview Circle, $340,000

John and Elena Troiani to Vincent J. Dellavalle, 9 Punch Bowl Drive, $955,000

Ronald A. Hook and Leslie R. Singer to Samuel M. and Nancy Gault, 5 Country Road, $2,225,000

Westport Property Transfers Oct. 25-29, 2004

Property transfers as reported by the Town Clerk’s office for the period Oct. 25-29, 2004:

Philip J. Bales to Ryan A. and Lorlyn Franco, 78 Hillandale Road, $685,000WN property.jpg

Arnold and Sali Kriegstein to Jairo Rodriguez and Gabriele Owsnitzki
20 Highwood Road, $1,900,000

Westport Home and Land Co. LLC to Roberta L. Riggs, 66 Terra Nova Circle, $1,067,708

James J. and Geri Lawrence to Mary W. Gojkovich, 238 Greens Farms Road, $1,695,000

Remo J. Tartaglia Jr. to Brendan T. Baker, 45 West Parish Road, $951,000

Karen Scott Named Partner in Westport Real Estate Group

karenscott100.jpg
Karen Scott: new partner at KMS. Contributed photo
A Westport real estate partnership is getting a new partner.

KMS Partners, LLC, Wade Shavell of Westport, Sheila Keenan of Westport, Laurie Morris of Weston, and Dorita Barrett of Westport today announced that Karen Scott will become a partner in the group effective in January.

A full-time agent in residential real estate, Scott has been affiliated with KMS Partners—of Coldwell Banker Riverside Shavell—since June 2003. 

“During that time, she has demonstrated the highest professional standards and a dedication to satisfying the needs of clients by providing them with the utmost level of support available,” an announcement said.

Westport Property Transfers Oct. 18-22, 2004

Property transfers as reported by the Town Clerk’s office for the period Oct. 18-22, 2004:

John W. and Jennifer Auber to Christopher A. and Julie W. Mori, 4 Rockland Place, $1,365,000. WN property.jpg

Craig F. Edwards and Amy Matton to Nancy Romberg, 203A South Compo Road, $430,000.

Etta Mae Mikhael to Joan K. Lasner, 133 Harvest Commons, $695,000.

Peter M. Zaffina to Pieka Construction Inc., 129 Imperial Ave., $908,000.

Harold E. and Mary Elizabeth Ayers to Fairport Development LLC,  37 Old Road, $650,000.

Hartford Courant: Oversized McMansions Fading as Status Symbol?

Is the McMansion fading as the status symbol of wealthy Connecticut homeowners?148northave102404260.jpg
A McMansion going up at 148 North Ave. in Westport. (CLICK TO ENLARGE) WestportNow.com photo

That’s the question raised by today’s Hartford Courant which said luxury builders across the state see a shift away from the large mansions so popular just a few years ago.

Many buyers are instead asking for smaller, but still pricey, homes with unique architectural details and the latest technological innovations.

While they still want spacious dwellings, a growing number of upscale home buyers - now estimated at 20 percent—are now asking for 4,000- or 5,000-square-foot houses instead of 8,000-square-foot mansions, the newspaper said.

Westport Property Transfers Oct. 12-15, 2004

Property transfers as reported by the Town Clerk’s office for the period Oct. 12-15, 2004:

Westport Home and Land Co. to Samuel Small, Terra Nova Circle Unit 7, $1,104,624WN property.jpg

Barbara M. Fitter to Lucky Seven LLC, 6 Guyer Road, $610,000

Edward G. and Krista A O’Malley to to Lucky Seven LLC, 36 Guyer Road, $545,000

Ryse Inc. to 1330 Holdings LLC, 1330 Post Road East and 3 Mills St., $1,905,0001330postroadeast102004260.jpg
1330 Post Road East: sold for $1,905,000. (CLICK TO ENLARGE) Contributed photo

Mary Susan Hunt to Wolfram and Marianna Kursten, 2C Cross Highway, $615,000

Christine M. and Robert S. Goldman to Winfield Scott and Stacy Essex III, 8 Wake Robin Road, $980,000

Westport Property Transfers Oct. 4-8, 2004

Property transfers as reported by the Town Clerk’s office for the period Oct. 4-8, 2004:

Mary Elizabeth Fellah to Helen Lawler and Thomas White, Unit 146 Landsdowne, $735,000WN property.jpg

Land Group Inc. to Geeta and Donie V. Lochan, 16 Baker Ave., $1,850,000

Greemount Reald Estate Ltd. To Girome S. and Deborah H. Bono, 11 Bluewater Hill, $3,050,000

Timothy J. and Annemarie Romano to Walter H. and Jocelyn Barandiran, 14 Mayflower Parkway, $3,450,000