Westport Coastal Real Estate Activity

We had previously looked at Greens Farms and Compo Beach real estate. Henceforth we will be including the Saugatuck Shores area to include all of the coastline in Westport.
Coastal activity in the Compo Beach area and Saugatuck Shores has increased from 2016 levels. There have been 29 sales in the Compo Beach area as of the writing of this article, with a median sales price of $2,000,000, compared to 23 sales in 2016 with a median price $2,125,000. There are 5 additional properties in the Compo Beach area that are under contract, and 46 active listings with a median list price of $2,292,000.
The Saugatuck Shores area has had 12 sold properties year to date with a median price of $1,035,000. This compares favorably to 6 properties sold at this time last year with a median price of $1,132,000. There are 2 additional properties under contract and 20 active listings with a median list price of $2,495,000.
In Greens Farms, including both coastal and inland properties, there have been 22 sales this year for a median sales price of $1,707,000, and 8 additional properties under contract. Last year’s sales at this time of year totaled 27 with a median price of $1,585,000. There are currently 40 active listings in Greens Farms with a median list price of $1,999,000.