Westport Real Estate Statistics

Westport real estate average sold price in the last 30 days (October 22 - November 20) was $591,116, which is $176,116 (29.8%) higher than the average price of $415,000 in the previous 30 day period (September 22 - October 21), and $18,884 (3.2%) down from the same period 1 year ago ($610,000). Westport real estate prices over the last 30 days are also $258,930 (43.8%) higher than the average selling price of $332,186 over the past year.

Westport average sold price for homes was $612,942 in the last 30 days (October 22 - November 20), which is $197,942 (32.3%) up from the average home price of $415,000 in the previous 30 day period (September 22 - October 21), and $2,942 (0.5%) higher than the same period 1 year ago ($610,000). In the last 30 days Westport the average home price was $276,463 (45.1%) higher than the average selling price of $336,479 over the last 12 months.

Average selling price for Westport real estate was $591,116 in the last 30 days (October 22 - November 20), which is collectively $10,863 (1.2%) lower than the average asking price of $902,642. This represents an increase of $4,137 (27.6%) compared to $15,000 (1.7%) Sold-Under-Asking price from the previous 30 day period (September 22 - October 21).

The maximum Sold Over/Under Asking ratio in Westport during the last 12 months was recorded in November, 2023 with an average of $0 over the asking price, while the minimum occurring in April, 2024 with $239,000 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Westport was 457.1% with 32 properties sold and 4 new properties listed in the past 30 days (October 22 - November 20). This represents an increase from 25.0% recorded during the previous 30 day period (September 22 - October 21), and an increase from 100.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Westport was 433.3% recorded in August and the lowest was in November at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 32 properties that were successfully sold in Westport in the last 30 days (October 22 - November 20) was 28 days, which is 15 days more than 13 days average in the previous 30 day period (September 22 - October 21) and 70 days shorter than during the same period a year ago (98 days).

There were 37 delisted properties in Westport, those that got either Expired, Suspended or Terminated over the last 30 days (October 22 - November 20) with an average of 111 days on the market. This is 34 days longer than the average of 77 days during the previous 30 day period (September 22 - October 21) and 37 days less compared to the same period last year average of 148 days on the market.

37 Westport properties that didn't sell stayed on the market 296.4% longer than 32 that sucessfully sold over the last 30 days - 28 days when sold vs 111 days when delisted respectively.

Average Days on the Market in Westport over the past 12 months for properties that have sold was 41.5 days, with 109.6 days for those properties that did not sell.

7 new properties were listed on the market in Westport in the last 30 days (October 22 - November 20). During the same time 32 properties were sold and 37 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 62 properties (or 885.7%).

During the previous 30 day period (September 22 - October 21) there were 4 new properties listed, 1 sold and 5 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 9 new properties listed, the slowest - January with 0 new listings and a yearly average of 2 new listings per month.

There were a total of 6 homes listed during the last 30 days (October 22 - November 20), which is 85.7% of all properties listed in Westport. This is a 50.0% increase compared with a previous 30 day period (September 22 - October 21) and 500.0% up from the same period a year ago. Over the past year an average of 2 homes are were listed per month.

There were a total of 27 homes sold during the last 30 days (October 22 - November 20), which is 84.4% of all properties sold in Westport. This is a 2,600.0% increase compared with a previous 30 day period (September 22 - October 21) and 2,600.0% up from the same period a year ago. Over the past year an average of 3 homes are were sold per month.