The dynamic hamlet on Long Island Sound?

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Local real estate agent Meghan Athnos of Brown Harris Stevens/Luxury Portfolio International described it as a "unique and wonderful place to live."

Manhattanites like this dynamic hamlet on Long Island Sound for its close proximity to the city (just 35 miles away, with express trains operating daily), diversified population, many cultural programs and events, natural monuments, public parks, and beaches. Local real estate agent Meghan Athnos of Brown Harris Stevens/Luxury Portfolio International described it as a "unique and wonderful place to live."

However, it has a very competitive real estate market. In the first quarter of 2024, 57% of properties sold for more than the asking price, and the average list-to-sale price ratio reached a record high of 101.8 percent. Furthermore, residences spend less than two weeks on phrazle the market before transitioning from for sale to pending status.

The current median home value is around $660,000, but Athnos explained that there is a wide range of property types, "from antique colonials to charming Capes, ranch-style homes to modern contemporaries, downtown townhomes to high-rise apartments, and everything in between," she added. New Haven's historic beauty merges with its contemporary vitality, creating a diversified town that is home to Yale, one of the country's most prominent colleges. The city is packed with wonderful restaurants, museums, pubs, music venues, coffee shops, and small enterprises that appeal to New Haven's 135,000 people, one-fourth of whom are students. The unemployment rate here is around the same as the national average, or 3.8 percent, with numerous businesses establishing themselves in the region to attract highly educated and competent workers.

The cost of living in New Haven is around 9% more than the national average. In contrast, real estate is quite inexpensive, with typical property prices of about $300,000. With its gorgeous beaches, diversified neighborhoods, excellent schools, and many shops and restaurants, Westport has grown in popularity with families and young professionals looking for easy access to New York City and metropolitan amenities in a charming environment.

"Westport is the perfect blend of New York City-inspired sophistication and New England coastal charm," Amy Swanson, vice president of sales at William Raveis Real Estate/Luxury Portfolio International, said.

The community is set between the Long Island Sound and the banks of the Saugatuck River, providing plenty of water sports and breathtaking waterfront vistas. The city's real estate market reflects its many advantages and high quality of life. Median house prices have been steadily rising for many years, and the current median home value is $1,777,000.Weston's tranquility, historical neighborhoods, excellent public schools, and low crime rates have made it a magnet for young families, particularly those looking for a lush natural setting (more than a quarter of the city is preserved as open space), outdoor recreation (including access to country clubs and their sports facilities), and proximity to beaches and New York City. Niche.com classified Weston as one of the best ten places in Connecticut to raise a family, with a median age of 46.

All of these benefits come with a competitive real estate market, with house prices almost exceeding $1.5 million in May, according to Zillow, and having practically doubled since mid-2020. The town is not recognized for being affordable, with a cost of living that is 25% more than the national average and 9% higher than the Connecticut average.

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