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.
The median registered an even higher $755,000 this year, up 65.9 percent from the $455,000 recorded the year before.
According to local real estate agents, the far higher condo prices are due, in part, to sales at Terra Nova, on the Westport-Norwalk line, where some units topped $1 million.
As of Oct. 1, there were 241 listings at an average list price of $1,989,284 with 82 of the listings over $2 million. The average listing over $2 million was $3,469,299, according to the MLS.
It said 55 of the active listings were new construction.
