Market Time
Days on market of 115 in May was down modestly from 125 in April but way up from 80 in May of 2011. Months of supply of 15.5 in May was up a bit from 14.1 in April and up substantially from 12.4 in May of 2011.
Prices
Median price for Homes for sale in Westport CT of $1,250,000 in May was up 3.3% from $1,210,000 in April and up 5.3% from $1,187,500 in May of 2011. 3-month average sale price of $1,571,131 in May was up modestly from $1,524,841 in April and up somewhat from $1,339,376 in May of 2011.
Sales
Homes for sales in Westport CT in May were 31. This is down 26.2% from 42 in May of 2011. Sales/list price ratio in May moved up to 92.4% from 92.2% in April.
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