Westport MA Real Estate Homes for sale in Wesport

Westport Ma Real Estate Homes for sale in Westport

- August 2013 -

Fall is near....it is time to sell before the Holidays!

Westport MA real estate have increased 75% in August compared to July. We had 14 homes sold in Westport compared to July when 8 homes were Sold in Westport.

SOLD HOMES: The lowest priced house in Westport in the month of June sold for $200,000 which was a Ranch on Meadow Rd. In July the lowest priced home in Westport sold for $135,000.

The Highest priced home in Westport in the month of August sold for $925,000 and it was a Colonial that needed total rehab on Drift Road. Compared to July when the highest price was a Cottage on Drift Road and it sold for $760,000. There were no Condos nor Multi Families homes sold in Westport in the month of June.

 

UNDER AGREEEMNT: There were 17 units Under Agreement/Contingent with  prices varying from $129,900 to $1,175,000.

 

ACTIVE LISTINGS: There are currently 124 Active listing in Westport (based on MLSPIN MA) with prices varying from $129,900 on Charlotte White up to $3,500,000 on Drift Rd, compared to 124 listings in the prior month we have remained stable since July. Five units are condominiums with prices varying from $129,900 to $369,000, and 6 are multi families with prices from $359,000 up to $529,900. There are currently two Short Sales in Westport at  with prices of $129,900 and $245,000 and they are both Under agreement. There are no foreclosure properties in Westport in July.

Single Family Homes Sold in Westport MA - 2013 Average Prices

Average Price	January	February	March	April	May	June
List price p/SqFt	$192	$331	$146	$180	$200	$198
List Price	$462,191	$466,211	$217,275	$352,467	$484,936	$404,567
Sales Price	$441,427	$413,278	$203,787	$333,317	$456,523	$383,167
Sale price p/ SqFt	$184	$290	$137	$169	$190	$186
Days on the Market	323 days	166 days	67 days	116 days	310 days	101 days
Units for Sale	84	84	84	81	107	124

Average Price	July	August	September	October	November	December
List price p/SqFt	$221	$214
List Price	$402,475	$393,820
Sales Price	$381,315	$366,993
Sale price p/ SqFt	$208	$200
Days on the Market	114 days	47 days
Units for Sale	124	124

If you are thinking of selling or buying a home in or around Westport, contact me for a FREE Market Analysis and learn about our marketing plan that will get your home SOLD! 

If you are thinking of buying a home in Westport or surrounding areas please visit www.DistinctiveHomes-NE.com for a free list of homes for sale in Westport and Bristol County MA and RI.

We work with one going in mind, YOURS!

Noemi Cardoso
Local Office. Local Agents. Local Knowledge.
William Raveis Real Estate
911 Main Rd - Westport MA 02790
Cell: 508-558-1945
www.DistinctiveHomes-NE.com
noemi@DistinctiveHomes-NE.com

How Difficult Is the Mortgage Process for Buyers?

by The KCM Crew on May 8, 2013

TD Bank recently announced the results of their inaugural Mortgage Service Index. The index was designed to identify best practices and trouble areas in home financing and act as a service indicator for lending institutions. Below are some of the key findings of the survey.

Positive Experiences

The index identified the percentage of respondents who had a positive (“excellent” or “very good”) experience in certain parts of the home buying experience:

• 64% had a positive experience during the home buying experience
• 55% finding a good Realtor
• 55% with the home appraisal/inspection process
• 53% finding the right lender
• 53% with the length of the entire home buying process

What Creates an Overall Positive Experience?

Certain key aspects of the relationship with the lender were important to those who said they had a very positive overall home buying experience. They rated their lender as “excellent” or “very good” in the following categories:

• Responsive 74%
• Accessible 76%
• Honest and transparent 76%
• Instilled confidence throughout the process 73%
• Helped buyers understand the process 73%
• Kept buyer informed during process 73%
• Explained the mortgage and available options 72%

 

Other Key Findings:

1. On average, home buyers considered approximately two banks or lenders when applying for a mortgage
2. An equal number of those surveyed (43%) obtained information on the lending process from their bank and from their Realtor, demonstrating that Realtors are used as informative resources by consumers during the mortgage process
3. Only 34% of home buyers obtained a mortgage at their primary bank
Michael Copley, Executive Vice President, Retail Lending at TD Bank concluded:

“As the housing market continues to rebound, the growing number of buyers should be aware of what to look for in a mortgage partner and seek out a lender who will best guide them through the home financing process in order to create a positive home buying experience.”

When buying a home look for a Realtor who has experience and a network of trustworthy professionals.

Noemi Cardoso
William Raveis Real Estate
911 Main Rd - Westport MA 02790
Cell: 508-558-1945
www.DistinctiveHomes-NE.com
Fluent in Portuguese and English
Licensed in MA & RI