21.05.12

The distressing national indices show prices are down an average of 32.1 percent since their mid-2006 eminence. 

Although consumer confidence is at its highest level since April, people's home prices have registered a 3.4 percent decline for the year as of October.

The New York space MSA once again fared better than the majority of cities indexed, showing only a minus 2.0 annual transformation from last year.

Our area still remains at one of the highest rates at 168.12, and is another only to the Washington D.C. area.

The worst area decline over last year was in Atlanta with a minus 11.7 portion annual return.

National numbers and even regional numbers are indeed caring, however the local figures are the ones that truly count for Westporters, as we learn only how lucky we are.

Westport’s single family home inventory has dropped more than 11 percent in honest one week. There are now just 245 homes that are actively on the market.

At the same leisure, the average list price of the available homes has increased by more than $60,000 to $2,200,269. These properties have been listed for sale an general of 157 days.

Source: Westport Now

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