Westport Connecticut and surrounding towns Real Estate Market performance Through July, 2010: You can see data and trends at the following link 

Westport and surrounding towns are out performing the national and regional real estate markets as reported by the National Association of Realtors.  

On Tuesday August 24, 2010 The National Association of Realtors reported that existing-home sales in the Northeast dropped 29.5 percent in July compared to June and dropped 30.3 percent lower than a year ago. The median price in the Northeast was $263,800, up 4.8 percent from July 2009.

However, in Westport , sales increased 66% in July compared to June and increased 53% compared to last year. And, the median selling price of houses sold was flat vs. last year.

Westport

Median Selling Price: The median selling price for 2010 YTD thorough July was the same as same period in 2009 ($989,000 vs. $990,000)

Properties sold: The number of properties sold for 2010 YTD thorough July was up significantly from same period in 2009 (222 vs. 134 for 66% increase).

Average days on Market: The average days on market were down slightly in 2010 YTD (104 vs. 122).

Westport and surrounding towns ( Westport , Wilton , Weston, Norwalk , Fairfield , Easton , Ridgefield , Redding and Bridgeport )

Median Selling Price: The median selling price for 2010 YTD thorough July was up 12% from the same as same period in 2009 ($408,000 vs. $365,000)

Properties sold: The number of properties sold for 2010 YTD thorough July was up significantly from same period in 2009 (2245 vs. 1877 for 34% increase).

Average days on Market: The average days on market was down slightly in 2010 YTD (105 vs. 108).

You can see trends at this link

And, detail by town at this link

Inventory of Properties for Sale in Westport and surrounding towns

On Tuesday August 24, 2010 The National Association of Realtors reported that total housing inventory at the end of July increased 2.5 percent to 3.98 million existing homes available for sale, which represents a 12.5-month supply at the current sales pace, up from an 8.9-month supply in June. Raw unsold inventory is still 12.9 percent below the record of 4.58 million in July 2008.

However, for Westport , the number of houses and condos for sale in July was 295 an increase of 8% vs. last month and minus 4% since last year. There are 13 months on inventory on the market vs. 19 months of inventory for same period last year. For Westport and surrounding towns, the number of house and condos for sale in July was 3769 an increase 14% since last month and minus .4% since same month last year. There are 12 months on inventory on the market vs. 16 months of inventory for same period last year.

Average days on Market: The average days on market was same in 2010 YTD (106 vs 106).

You can see detail by town and tredn at the following linls:

Inventory of properties for sale

Trend 

The accuracy of this information relies on the source which is CMLS.

 

Trends for Condos in Norwalk, Wilton, Westport, Weston and Fairfield through May, 2010

Units Sold, Median Selling Price and Average days on market at this link

All good news about Condo sales in Westport and neighboring towns, Unit sales is imoroving in 2010, median selling price is improving in 2010 and avergae days on market continues to increase but almost flat in 2010.

http://higginsgroup.com/stats.asp

Scroll down if you don't see the reports after selecting the town,