Is Westport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Westport has remained a Neutral Market.
Housing Prices in Westport, CT
How much do homes in Westport, CT cost?
Median Sold Price
$1,888,000
$495/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Westport was $1,888,000 in March 2024, up 7.9% from last year, and the median price per square foot was $495.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $394K | $1.6M | +328.9% |
2 Bedrooms | $790K | $799K | +1.1% |
3 Bedrooms | $1.1M | $1.1M | 0% |
4 Bedrooms | $1.6M | $1.6M | +2.2% |
5+ Bedrooms | $2.7M | $2.8M | +1.5% |
Summary: Westport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 328.9%, 2 bedroom homes increased by 1.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in Westport, CT
How many homes are available in Westport, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
119 | 130 | +9.2% |
Summary: The Westport real estate market had 130 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 19 | -5.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 60 | 67 | +11.7% |
Summary: The Westport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 19 | +72.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Westport in March 2024, up by 72.7% month-over-month. Of the 19 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.
Days on Market for Westport, CT
We’re sorry, we don't have information for this market at the moment