2017 Update through November 2017

                                 Westport Totals Provide Mixed Picture of Success

2017 single family home sales are nearly complete.  Comparing year to date totals with 2016 equivalents, real estate activity continued throughout the course of the year, including a more active 4^th quarter in 2017 than the previous year..  Total single family home sales stand at 391 compared to 329 during the same time period in 2016, a 15% increase. 14 additional homes are also under contract.   2017’s median price of $1,325,000 represents a 2.8% increase over the $1,289,000 median price at this time last year.

Greens Farms saw a drop of single family homes from 45 in 2016 to 36 in 2017; but saw a median price increase from $1,447,500 to $1,512,500. 

Compo Beach continued to see price and volume increases, with 39 homes sold in 2017, an increase of about 14%, with the median price rising from $1,555,000 to $1,647,500.

Saugatuck Shores & Island saw a solid single family home sale’s increase from 12 in 2017 to 17 in 2017.  The median price lagged slightly from $1,132,000 to $1,167,500.

Town wide, new construction sales increased from 50 in 2016 to 67 in 2017.