Westerly Real Estate Market Report March 2018

Dated: 03/06/2018

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The Westerly Real Estate Market Report is a monthly statement of the average sales price for and number of  2 BR, 3 BR and 4 BR homes sold, the total number of sales, the number of active homes for sale and the average listing price of Westerly homes for sale.

 

FEBRUARY 2 BR 3BR 4BR TOTAL ACTIVE
Total Units 4 19 6 29 80
Average Price 252100 375732 379083 359372 1385771
           
YTD 2 BR 3BR 4BR TOTAL  
Total Units 6 30 9 45  

 

Stonington Realtor Bridget Morrissey

Stonington Realtor Bridget Morrissey

Stonington Realtor Bridget Morrissey

Stonington Realtor Bridget Morrissey

Stonington Realtor Bridget Morrissey

 

According to Wikipedia, Westerly becomes a large tourist attraction during the summer months during which the population nearly doubles. From east to west, well-known beaches include Weekapaug Beach, Westerly Town Beach, Misquamicut State Beach, East Beach and Watch Hill Beach. Weekapaug is a Native American word meaning "end of pond". Niantics, Pequots, and Narrangansetts lived in this area before early settlers arrived. Misquamicut Beach is a three-mile length of beach that extends westward from Weekapaug to Watch Hill and separates Winnapaug Pond from the Atlantic Ocean. 

 

Stonington Realtor Bridget Morrissey

 

Watch Hill is an affluent coastal village in the town of Westerly, Rhode Island. It sits at the most-southwestern point in all of Rhode Island, excluding Block Island. Watch Hill came to prominence in the late 19th and early 20th century as an exclusive summer resort, with wealthy families building sprawling Victorian-style "cottages" along the peninsula.

Watch Hill is characterized by the New York Times as a community "with a strong sense of privacy and of discreetly used wealth", in contrast with "the overpowering castles of the very rich" in nearby Newport. Today, Watch Hill is best known as the backdrop for the Ocean House, the only Forbes Five-Star and AAA Five Diamond Hotel in Rhode Island.

Stonington Realtor Bridget Morrissey

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Will Morrissey

Instead of teaching the rules of the road on the water I now aid people with selling or purchasing a home. I am licensed in Connecticut and Rhode Island and assist my wife, Bridget Morrissey, who is a....

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