By Judy Szablak
With all the new construction going on, we seem to overlook the antique gems that we have in Westport.
Featured Home This home at 44 Woodside Ave. is listed at $1,695,000. (CLICK TO ENLARGE) Photo courtesy of William Raveis/Westport.
It should be noted that the desirability and history of some of these homes lends much to our town’s overall charm.
Thanks in part to the Westport Historic District Commission, which reviews demolition applications for homes that are 50 years or older, many of the significantly older homes can still be found in some of the older neighborhoods.
For curiosity’s sake, there are only 362 single family homes, 13 two-family dwellings, and three four-family homes that were built prior to 1900, and that’s according to the Greater Fairfield County Multiple Listing Service tax database, which may or may not be all inclusive.
Only a small percentage of the few vintage single-family homes that remain in town are available for sale as of today. Currently, the 16 homes on the market have an average listing price of approximately $2.85 million.
Market Stats
There are now 262 homes that are are actively on the market. These currently available properties have been listed for an average of 13 days, with a cumulative market time of 226 days. The average list price is $2,400,382 and the median price is $1,999,000.
A six-bedroom colonial on Judy Point Lane is the highest priced home for sale at $10,250,000, and the lowest available priced home is a five-bedroom home on 40 Ferry Lane East for $435,000.
Four new listings came on the market in the last seven days, and three properties came back on the market after being under deposit, or temporarily withdrawn. Two properties had a price change.
Five properties have gone under the initial deposit stage, which we call CTS, and another four properties went into pending status, which means that the conditions have been satisfied, and the property is scheduled to close.
The average price of these four pending properties is $1,639,250. There are currently 18 homes in CTS status throughout Westport, and another 41 properties scheduled to close town-wide, with an average price of $2,506,456.
Closings: There were five single-family homes reported as sold in the last week. These homes were listed on average at $854,800 and sold with an average market time of 89 days. There were 41 status changes in the last seven days.
Condos: There are seven condominiums that are available, and they have been listed an average of 76 days. Their average listing price is $691,586 and the median price remains at $699,000.
The highest priced condo in town is $1,075,000 and is a two-bedroom home located at Terra Nova Circle, and the lowest priced unit for sale is a three-bedroom home on Hills Lane for $349,000.
There were no new listings this week, and no homes came back on the market after being under deposit. There were no price changes, and no property entered into the initial stage of deposit. One home entered into pending status, and as listed at $789,000.
There is one property town-wide that is currently in CTS status, and there is one home scheduled to close.
No sales were reported during the last week. There were three status changes.
Rentals: If you are interested in renting year-round, either furnished or unfurnished, there are 63 homes or apartments available. The median price is $4,000 per month and the average price is $5,079 per month. These year-round rental opportunities have been on the market an average of 77 days.
There are 24 short-term rental opportunities that are available, and they have been on the market an average of 59 days. Their average price is $4,973 and the median price is $4,600.
Please note that seasonal rental prices are sometimes listed as an aggregate price for the season, or they can be listed as per the monthly rental cost.
Source: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.
Featured Home
This home at 44 Woodside Ave. is listed at $1,695,000.
This Greek Revival home is known as the Frederick Foote House and is an exceptionally charming antique home originally built in 1845.
This 3,500-square foot Old Hill colonial has distinctive original details, and looks like it is fresh out of a magazine, and indeed, it has been featured in Connecticut Cottages and Gardens.
It is quite apparent that this picture perfect seven-room colonial has been painstakingly restored, and beautifully renovated without compromising its vintage integrity.
Expect to be pleasantly surprised with such a sunny and bright interior, along with the character of chair rails, wainscoting. and wide-board flooring on both levels
The living room has a large bay window, a brick fireplace with vintage wood mantel, and the formal dining room exudes grace and style.
The gourmet kitchen with custom cabinetry and matching service island is fit for a chef with top-of-the-line stainless steel appliances, including a Sub Zero refrigerator, Viking range and Miele dishwasher.
A Dutch door leads outside to a 416-square foot brick patio that overlooks a lush and beautifully landscaped 1.07-acre property.
There is also a den on the main level, which could easily be an office if so desired. Upstairs, the master bedroom suite has a walk in closet, and a Waterworks bath.
Two other bedrooms are on this level, each has ample closet space and shares a bath.
Simply put, this home is elegance and character defined.
Extras and items to note— three full baths, security system, city water, city sewer, stone walls, perennial gardens, room for pool.
Annual taxes are $11,513.
Listing/photo courtesy of William Raveis/Westport.
(Editor’s Note: Judy Szablak of Coldwell Banker Westport – Riverside, Fairfield County CT Realtor since 1984 is author of “The Art of Buying or Selling a Home,” and featured on HGTV’s real estate show, “Desperate to Buy.” Email .(JavaScript must be enabled to view this email address) or visit her online at http://www.CThomesAndRealEstate.com.
