$12,250,000
3,955 SqFt
5 Beds
•5 Full Baths, 2 Partial
Robert Perriello, Listing Office: Century 21 AllPoints Realty
Is Westport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Westport has remained a Seller's Market.
Key Takeaway
Westport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westport, CT
How much do homes in Westport, CT cost?
Median Sold Price
$1,891,833
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$102,833(+5.7%)
Key Takeaway
Homes in Westport have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Westport was $1,891,833 in August 2024, up 5.7% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $394K | $515K | +30.7% |
| 2 Bedrooms | $799K | $933.5K | +16.8% |
| 3 Bedrooms | $1.1M | $1.0M | -4.5% |
| 4 Bedrooms | $1.6M | $1.6M | +2.4% |
| 5+ Bedrooms | $2.8M | $2.8M | 0.1% |
Summary: Westport housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes increased by 16.8%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in Westport, CT
How many homes are available in Westport, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 177 | 157 | -11.3% |
Summary: The Westport real estate market had 157 homes for sale in August 2024, a 11.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 53 | 40 | -24.5% |
| 5+ Bedrooms | 75 | 69 | -8.0% |
Summary: The Westport housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes decreased by 8%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westport, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Westport in August 2024, up by 8.6% month-over-month. Of the 38 sold homes, 45% were sold under asking, 11% were sold at asking, and 45% were sold over asking.
Days on Market for Westport, CT
We’re sorry, we don't have information for this market at the moment
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