Weston Connecticut Real Estate Market Trends - November 2012
By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
WESTON Market Trends November 2012 Weston is still a strong Buyer’s Market. There is still a lot of inventory on the market, 11.7 months’ worth (we use the 12 month figure for the absorption analysis). This is one of the highest of the Fairfield County towns we track. However, this is a market that has been getting stronger in price over the past three months, despite the seasonal slowdown. The Weston real estate market appears to have hit bottom in Q1 2012 and in recovery. WESTON INVENTORY WESTON SALES HOTTEST HOMES IN WESTON What homes are most in demand by buyer in Weston? The sweet spot in the market is for 4 bedroom homes with a list price of $750,000 to $775,000. They tend to be on the market for 130 days and sell for 94% of list price.
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