By Judy Szablak

It certainly looks like the Westport spring market has already begun in a big way.

Featured Home: This home at 6 Tranquility Lane is listed at $1,885,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis-Westport

The significance of the activity in just the first week of March signals a greater that usual seasonal upswing.

Inventory is growing at a nice pace, and deposits are already on the rise. In fact, the active listings as compared to the initial deposit ratio is better than it has been in many months. The ratio is important, as it speaks to where the market is headed in the next 60 days.

The initial deposits are also approaching the same number of pending properties, which is also another indicator of heightened activity. While some may argue that this is merely a seasonal trend, the numbers speak just a bit differently, especially at this early stage.

Westport real estate price changes over the past week:

21 Hale St.              $470,000->$459,000
111 Valley Road             $590,000->$575,000
299 Main St.            $689,000->$675,000
241 Bayberry Lane         $699,999->$679,900
16 Valley Field Road         $994,000->$929,900
86 Maple Ave. South     $1,212,500->$1,150,000
118 Wilton Road         $1,299,000->$1,159,000  
8 Calumet Road         $1,245,000->$1,200,000
2 Fairview Drive         $1,399,000->$1,299,000
222 Compo Road South   $1,590,000->$1,490,000
82 Clapboard Hill Road   $1,749,000->$1,549,000
11 Ambler Road West   $2,099,000->$1,999,000
27 Stonybrook Road     $2,200,000->$1,999,999  
45 Beachside Ave.    $9,490,000->$8,900,000
—Judy Szablak