Southport CT - Weekly Real Estate Market Statistics Report - October 4, 2011

SOUTHPORT CT HOMES: A lull in activity for Southport continues. The median list price in Southport dropped slightly a few weeks ago to $984,500 and is holding.  As of this morning, there are 62 homes that have actively been on the market for  132 days and are listed at an average price of $2,352,545.

The highest priced home for sale in the Southport area of town is listed at $13,900,000 and the lowest priced available single family home is $349,900.  

No new listings came on the market this week, and no homes came back on the market after being under deposit.  There were two properties that had a price change. No property has gone under the initial deposit stage, which we call CTS, and no properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS: One single family home sale was reported  sold this past  week, and was listed at $1,229,000. It was on the market for 125 days before it sold. There were three status changes in the last seven days.

PLEASE NOTE: Southport statistics include all properties within the 06890 zip code

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

If you have a question about buying or selling Real Estate in Southport, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :)   - Judy