$10,000 Closing Credit*
$1,449,000
3,035 SqFt
4 Beds
•2 Full Baths, 1 Partial
David Hilliker, Listing Office: William Raveis Real Estate
Is Southport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Southport has remained a Seller's Market.
Key Takeaway
Southport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southport, CT
How much do homes in Southport, CT cost?
Median Sold Price
$1,290,000
$439/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$165,000(+14.7%)
Key Takeaway
Homes in Southport have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Southport was $1,290,000 in September 2024, up 14.7% from last year, and the median price per square foot was $439.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $485K | $479K | -1.2% |
| 3 Bedrooms | $865K | $1.0M | +26.0% |
| 4 Bedrooms | $1.2M | $1.2M | +6.0% |
| 5+ Bedrooms | $2.3M | $2.1M | -6.6% |
Summary: Southport housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 6.6%.
Housing Supply in Southport, CT
How many homes are available in Southport, CT?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Summary: The Southport real estate market had 24 homes for sale in September 2024, a 25.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Southport housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southport, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Southport in September 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Southport, CT
We’re sorry, we don't have information for this market at the moment
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