Southport CT Real Estate Market Weekly Report & Update 11/1/11

SOUTHPORT CT HOMES: The median list price in Southport is now $934,000 and up about five percent fromlast week, after afew weeks of decline. For an added  perspective, the median price at the end of July was $1,137,000.  As of this morning, there are 66 homes that have actively been on the market for  133 days and are listed at an average price of $2,128,040.

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.  

Three 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 properties have gone under the initial deposit stage, which we call CTS, and one property 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  closed this past  week and was listed at $280,000. There were seven status changes in the last seven days.

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

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