In today’s challenging market, if you want to sell your home, you have to be competitive with the presentation, promotion and most importantly the price. Here is how pricing affects buyer interest.
Here is a brief snapshot of what is happening in our local market:
Westport currently has 453 properties on the market. Of those, 5.3% have accepted offers.
Weston has 190 properties with 1% accepted offers.
Fairfield has 688 properties for sale and 14% have accepted offers.
Norwalk has 613 properties for sale and 20% accepted offers.
What does it mean? It is a great time to buy! Supply and demand are in favor of the buyers. If you want to know what, when and where to buy, call me, 203-246-9065.
Christie’s breaks a new record for the art of Jean-Michel Basquait with their May sale of “Untitled” for $57,285,000. Basquait’s work from the early 1980’s has enjoyed a steady climb at auction with three prior sales over $30,000,000 since 2012. One of the first artists to bring graffiti to the fine art world, Basquait’s art, as well as his life story, are among the most compelling in American art. Read more…
“Dustheads” by Jean-Michel Basquait
It is interesting how the market performance in neighboring towns, which are so geographically close, can differ in activity. See what happened in Westport, Weston, Norwalk and Fairfield in May….
My featured artist for June is Andy Eccelshall. Exquisitely capturing the drama of nature in land, sea and sky. To see Andy’s extraordinary work, visit his website. To start a collection or add to your own collection, visit Cherry Street Art for advice and purchasing strategies.