By Judy Szablak

This is a crucial time for those looking to either by or sell a home in Westport.

Featured Home: This home at 25 Edgemarth Hill Road is listed at $2,945,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis-Southport

There is a need to review the market very carefully, as it continues to shift toward favoring sellers.

Specifically, certain “price pockets” are full of activity, and others are not at all.

It could be that some properties are priced beyond their value and are positioned in an incorrect price range, which would certainly contribute to a lack of movement.

Westport real estate price changes over the past week:

21 Hale St.                  $459,000->$449,000
33 Pumpkin Hill Road           $789,000->$769,000
90 Old Road                     $849,500->$799,000
6 Silent Grove                   $998,000->$935,000
68 Bulkley Ave. North   $1,158,000->$1,058,000  
5 Bayberry Ridge Road     $1,249,000->$1,199,000
33 Colony Road             $1,299,000->$1,249,000  
156 North Ave.          $1,399,000->$1,375,000
75 Old Hill Road             $1,749,000->$1,695,000
11 Old Hill Road             $1,799,000->$1,749,000
19 Dover Road             $1,975,000->$1,875,000
7 Tranquility Lane           $2,399,000->$2,095,000
10 Winding Lane             $2,299,000->$2,195,000
55 Morningside Drive South     $2,695,000->$2,495,000
—Judy Szablak

By Judy Szablak

Westport’s real estate market has not been this active for quite a long time.

Featured Home: This home at 8 Bradley St. is listed at $3,950,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis/The Fair Group

In fact, closed sales are up from the first quarter of last year, and the median sale price is up by an impressive $200,000.

The current buyer activity is higher than we have seen for quite some time, and may possibly facilitate a nominal rise in property values.

Although the seasonal spring market is fueling part of this increase in activity, a mostly mild winter also gave us a wonderful base to start from, and a great head start on the season.

Westport real estate price changes over the past week:

3 Clinton Ave.              $564,000->$555,000
79 Compo Road North         $659,000->$649,000
299 Main St.              $675,000->$669,000
33 Pumpkin Hill Road         $789,000->$769,000
118 Wilton Road           $1,159,000->$1,109,000
166 Roseville Road       $1,400,000->$1,550,000 (Increase)
20-26 Morningside Drive South.  $1,950,000->$1,650,000
15 High Point Road         $1,779,000->$1,689,000
2 Mimi Lane               $1,895,000->$1,795,000
318 Wilton Road           $1,999,900->$1,899,000
1 Oak Ridge Park         $1,999,999->$1,899,999
196 Long Lots Road       $2,099,000->$1,999,000
8 Harbor Road             $2,300,000->$2,150,000
129 Beachside Ave.    $2,685,000->$2,499,000
19 Hillspoint Road         $2,695,000->$2,569,000
6 Hillandale Lane           $2,495,000->$2,585,000
104 Easton Road           $2,675,000->$2,585,000
—Judy Szablak