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Westport Real Estate Price Changes

Westport real estate price changes over the past week:

71 Whitney Glen           $485,000->$450,000
6 Overlook Road           $999,000->$968,000
63 Richmondville Ave.    $1,079,000->$1,029,000
15 Pequot Trail           $1,149,000->$1,099,000
180 Wilton Road         $1,290,000->$1,190,000
40 Terra Nova Circle     $1,275,000->$1,195,000
19 Eno Lane             $1,249,000->$1,199,000
183 Roseville Road       $1,245,000->$1,225,000
7 Eno Lane               $1,399,000->$1,348,412
7 Indian Point Lane       $1,499,000->$1,349,000
1 Windrush Lane         $1,374,900->$1,349,000
26 Webb Road           $1,425,000->$1,400,000
37 Center St.            $1,499,000->$1,450,000
3 Indian Point Lane       $1,589,000->$1,499,000
34 Sturges Commons     $1,689,000->$1,649,000
2 Taylor Lane             $1,899,000->$1,749,000
6 Hillandale Lane         $2,585,000->$2,425,000
19 Center St.            $2,549,000->$2,475,000
5 Forest Drive             $2,799,000->$2,749,000
—Judy Szablak

WestportNow Teardown of the Day: 96 Bayberry Lane

WestportNow.com Image
An application for a permit to demolish the house at Westport’s 96 Bayberry Lane is in process. Built in 1958, the one-story contemporary has 2,082-square feet and is situated on a 1.7-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

Comings & Goings: T-Mobile at 1799 Post Road East

WestportNow.com Image
T-Mobile, the cellphone, activation center and accessories business, has opened at 1799 Post Road East in the retail shopping strip previously anchored by Garelick & Herbs, which relocated to Southport. T-Mobile previously had an outlet at 396 Post Road East. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Westport Property Transfers May 15 – 19, 2017

Westport property transfers as reported by the Town Clerk’s office for the period May 15 - 19, 2017:

Richard Thomas and Margaret M. Davis Himes to Sonia Zurita, 6 Underhill Parkway, $515,000WNproperty.jpg

Warren D. and Seymour Shlomchik to Richard T. and Margaret M. Davis Himes, 9 Hitchcock Road, $1,312,500

Douglas T. and Jeanette H. Dryburgh to Julia and Colin Felleman, 4 Forest Drive, $1,125,000

Lawrence and Kathleen Schwartz to Frank E. Percell, 117 Lansdowne, $760,000

Real Estate Report: Median Price vs. Average Price Explained

By Judy Szablak

Special to WestportNow

The median price of homes sold in Westport has remained fairly constant at about $1.7 million over the last few years, while the average price has consistently been over $2.1 million.

WestportNow.com Image
Featured Home: This home at 40 Sturges Commons is listed at $1,699,000. (CLICK TO ENLARGE) Photo courtesy of Halstead Property — Westport

The disparity comes with average pricing that includes market anomalies, such as entry level homes that are on the lower side of the spectrum, as well as the increasing amount of upper end luxury properties, which effectively tilts the townwide averages on the higher side.

The median price is considered a “central tendency,” and identifies the middle of any given range, where there are equal amounts of higher and lower priced properties.

While median and average can be very close to one another, the higher “average” price that is so common in Westport is in fact influenced by a growing number of luxury properties.

Westport Real Estate Price Changes

Westport real estate price changes over the past week:

71 Whitney Glen           $499,000->$485,000
13 Poplar Plains Road     $750,000->$699,000
17 High Gate Road         $752,000->$729,000
14 Catamount Road         $739,000->$735,000
6 Berkeley Hill             $820,000->$800,000
282 Saugatuck Ave.      $889,000->$870,000
15 Birch St.                $999,000->$959,000
27 Drumlin Road         $1,100,000->$998,000
5 Viking Green         $1,299,000->$1,199,000
58 Weston Road       $1,225,000->$1,199,000
21 Punch Bowl Drive   $1,599,000->$1,499,000
7 Tranquility Lane       $1,895,000->$1,549,000
6 Weathervane Hill     $1,599,000->$1,549,000
22 Pumpkin Hill       $1,899,000->$1,850,000
196 Long Lots Road   $1,999,000->$1,899,000
46 Wright St.          $2,150,000->$1,975,000
61 Old Road           $2,249,000->$2,049,000
12 Sandhopper Trail   $2,299,000->$2,100,000
104 Easton Road       $2,492,000->$2,399,000
10 Yankee Hill Road   $2,699,000->$2,499,000
6 Twin Circle Drive     $3,345,000->$3,295,000
4 Sandpiper Road       $3,850,000->$3,650,000
—Judy Szablak

Comings and Goings: RadioShack Closes

WestportNow.com Image
RadioShack, 877 Post Road East, has closed. According to workers at the site, the nearest Radio Shack is in Wilton at 14 Danbury Road in the Gateway Shopping Center RadioShack’s parent company filed for bankruptcy in March and said in its bankruptcy filing it would close 200 stores and evaluate its options for the remaining 1,300.. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

WestportNow Teardown of the Day: 23 Old Road

WestportNow.com Image
An application for a permit to demolish the house at Westport’s 23 Old Road, off Post Road East, is in process. Built in 1948, the 1-1/2 story cape has 1,532-square feet and is situated on a .69-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

WestportNow Teardown of the Day: 45 Turkey Hill Road North

WestportNow.com Image
An application for a permit to demolish the house at Westport’s 45 Turkey Hill Road North is in process. Built in 1951, the two-story colonial has 1,790-square feet and is situated on a one-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

Judge: P&Z Acted Properly Denying 8-30g Project

By James Lomuscio

A Hartford Superior Court judge’s ruling to dismiss an affordable housing lawsuit against the town involving a proposed 48-unit multi-family housing project at the busy intersection of Kings Highway North and Wilton Road brought cheers today from town officials.

WestportNow.com Image
The 1.16-acre parcel at 122 Wilton Road sits at the busy intersection of Kings Highway North and Wilton Road. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Town Attorney Ira Bloom, who successfully argued the town’s case, said it was the first 8-30g decision involving the town in his memory. He said the developer has 20 days to file an appeal.

The suit was filed under the 8-30g state law, which allows developers to override local zoning laws if a municipality does not have 10 percent of its housing stock listed as affordable, which Westport does not.

In dismissing the lawsuit filed more than a year ago by Stamford developer Richard K. Freedman, Judge Marshall Berger said the commission properly reviewed the environmental impact of the proposal by Freedman’s Garden Homes Management Corp.