According to the National Association of Realtors, existing-home sales fell in October after two strong monthly gains.

Existing home sales, completed transactions that include single-family, townhomes, condominiums and co-ops, declined 2.2 percent to a seasonally adjusted annual rate of 4.43 million in October from 4.53 million in September. Year-to-date, there were 4.149 million existing-home sales, down 2.9 percent from 4.272 million at this time in 2009. Regionally, existing-home sales in the Northeast declined 1.3 percent to an annual pace of 750,000 in October.

National Association of Realtors President Ron Phipps stated that several factors are restraining a housing recovery, even with great affordability conditions. "We'll likely see some impact from the foreclosure moratorium in the months ahead, but overly tight credit is making it difficult for some creditworthy borrowers to qualify for a mortgage, and we are continuing to deal with a notable share of appraisals coming in below a price negotiated between a buyer and seller," he said.

According to Freddie Mac, the commitment rate for a 30-year, conventional, fixed-rate mortgage fell to a record low 4.23 percent in October from 4.35 percent in September; the rate was 4.95 percent in October 2009.

Transactions at a glance

In order of worth, these are some of the Westport and Weston residential homes that changed hands recently.

1. A 40-year-old, 1,598-square-foot Contemporary, directly across from Long Island Sound with panoramic water views, on 0.51 acres at 270 Hillspoint Road, Westport, sold for $4,666,667. This property features four bedrooms and two full and one-half baths.

2. A new 7,500-square-foot Colonial on 1.08 acres at 33 Sturges Commons, Westport, sold for $3,375,000. This property features six bedrooms and six full and two half-baths.

3. A new 5,900-square-foot Colonial on 0.52 acres at 9 Maplegrove Ave., Westport, sold for $2,355,000. This property features five bedrooms and four full and three half-baths.

4. New 7,251-square-foot Colonial on 1 acre at 4 Hillandale Road, Westport, sold for $2,330,900. This property features eight bedrooms and seven full and one half-baths.

5. A new 4,855-square-foot Colonial on 0.66 acres at 4 Thomas Road, Westport, sold for $2,000,000. This property features five bedrooms and four full and two half-baths.

6. A 2-year-old Colonial on 1 acre at 30 Hitchcock Road, Westport, sold for $1,710,000. This property features six bedrooms and four full and one half-bath.

7. A 31-year-old Contemporary on 3.22 acres at 36 Little Fox Lane, Westport, sold for $1,650,000. This property features four bedrooms and four full and one half-bath and pool. It previously sold for $785,000 on Feb. 22, 1994.

8. A 61-year-old Colonial on 0.93 acres at 7 Hermit Lane, Westport, sold for $1,600,000. This property features four bedrooms and four full and two half-baths. It previously sold for $550,000 on Oct. 15, 1998.

9. A 21-year-old Colonial on 2.0 acres at 79 Cavalry Road, Weston, sold for $1,442,545. This property features five bedrooms and seven full and one half-baths and pool. It previously sold for $1,625,000 on Aug. 20, 2008.

10. A 53-year-old Colonial on 1.03 acres at 9 Lowlyn Drive, Westport, sold for $1,225,000. This property features four bedrooms and three full and one half-baths. It previously sold for $857,000 on May 1, 2007.

Sarita Solomon is a licensed sales agent at Coldwell Banker Residential Brokerage, 472 Riverside Ave., Westport. She can be reached by calling 682-0889 or via e-mail at saritasolomon@gmail.com.