Westport, CT April 2026 Real Estate Market Report: Insights & Forecast
Assembled by: Judy Michaelis, 203-247-5000
Market Trends Report
Overview
The overview below shows real estate activity from January 2026 to March 2026. You will see data comparisons between March and the previous month, the last three months and March 2025.
| Overview | YTD Avg. | March | February | Dec. – Feb. | Mar. 2025 |
|---|---|---|---|---|---|
| New Listings | 89 | 35 | 20 | 21 | 46 |
| Average Sales Price per Square Foot | 686 | 739 | 707 | 676 | 593 |
| Average Days on Market | 56 | 87 | 32 | 50 | 69 |
| Number of Properties for Sale | 199 | 62 | 66 | 66 | 93 |
| Average List Price | $3,998,039 | $4,505,830 | $3,699,159 | $3,774,234 | $4,297,512 |
| Median List Price | $3,658,150 | $4,299,500 | $3,174,950 | $3,323,317 | $3,695,000 |
| Average Sales Price | $3,186,057 | $4,065,420 | $2,852,951 | $2,666,195 | $3,304,635 |
| Median Sales Price | $2,341,667 | $2,887,500 | $2,037,500 | $2,064,167 | $3,240,000 |
| Sales Price / List Price Ratio | 101.49% | 100.85% | 101.24% | 101.51% | 103.61% |
| Number of Properties Sold | 47 | 18 | 14 | 16 | 17 |
| Month’s Supply of Inventory | 4.29 | 3.44 | 4.71 | 4.28 | 5.47 |
| Absorption Rate | 0.24 | 0.29 | 0.21 | 0.24 | 0.18 |
Average & Median Sales Price
The median sales price in March 2026 was $2,887,500, up 41.72% from $2,037,500 from the previous month and -10.88% lower than $3,240,000 from March 2025. The March 2026 median sales price was at a mid level compared to March 2025 and 2024. The average sales price in March 2026 was $4,065,420, up 42.50% from $2,852,951 from the previous month and 23.02% higher than $3,304,635 from March 2025. The March 2026 average sale price was at its highest level compared to March 2025 and 2024.
Sales Price / List Price Ratio
The sales price/list price ratio is the average sale price divided by the average list price for sold properties expressed as a percentage. If it is above 100%, homes are selling for more than the list price. If it is less than 100%, homes are selling for less than the list price. The March 2026 sales price/list price ratio was 100.85%, equal to the previous month and down from 103.61% from March 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in March 2026 was 18, up 28.57% from 14 from the previous month and 5.88% higher than 17 from March 2025. The March 2026 sales were at its highest level compared to March 2025 and 2024. Absorption rate is the avg number of sales per month divided by the total number of available properties.
Average Days on Market
The average days on market (DOM) is the number of days a property is on the market before it sells. An upward trend in DOM tends to indicate a move towards a buyer’s market, a downward trend tends to indicate a move towards seller’s market. The DOM for March 2026 was 87 days, up 171.88% from 32 days from the previous month and 26.09% higher than 69 days from March 2025. The March 2026 DOM was at its highest level compared with March 2025 and 2024.
Average Sales Price per Square Foot
The average sales price per square foot is a more normalized indicator for the direction of property value. The sales price per square foot in March 2026 was $739, up 4.53% from $707 from the previous month and 24.62% higher than $593 from March 2025.
Inventory & MSI
The number of properties for sale in March 2026 was 62, down -6.06% from 66 from the previous month and -33.33% lower than 93 from March 2025. The March 2026 inventory was at its lowest level compared with March 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2026 MSI of 3.44 months was at its lowest level compared with March 2025 and 2024.
New Listings
The number of new listings in March 2026 was 35, up 75.00% from 20 from the previous month and -23.91% lower than 46 from March 2025. The March 2026 listings were at its lowest level compared to March 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the March 2026 Westport Market Update:
🏠 Prices surging to new highs – Average sales price jumped to $4.07M, up 42.50% from February and up 23.02% from last year. Median climbed to $2.89M, up 41.72% from February, though down 10.88% from March 2025.
⏳ Homes taking longer to sell this month – Average days on market rose to 87 days, up 171.88% from February’s 32 and up 26.09% from last year. March 2026 DOM is at its highest level compared to March 2025 and 2024.
📉 Inventory hits a new three-year low – 62 homes for sale, down 6.06% from February’s 66 and down 33.33% from last year’s 93. March 2026 inventory is at its lowest level compared to March 2025 and 2024.
📊 Sales outpace last year as new listings recover – 18 homes closed, up 28.57% from February’s 14 and up 5.88% from last March’s 17. New listings rose 75% to 35 from February’s 20, though still down 23.91% from last year.
What Buyers and Sellers Need to Know
✨ Sellers: With inventory at a three-year low and average sale prices at their highest level on record for March, conditions strongly favor sellers. Homes are still closing above asking price at a 100.85% sale-to-list ratio.
🔍 Buyers: Only 62 homes are available and new listings remain well below historical norms — move thoughtfully but be prepared to act. The spike in days on market this month may signal some room to negotiate on select properties.
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