Westport, CT December 2025 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 2025 to November 2025. You will see data comparisons between November and the previous month, the last three months and November 2024.
| Overview | YTD Avg. | November | October | Aug. – Oct. | Nov. 2024 |
|---|---|---|---|---|---|
| New Listings | 442 | 19 | 44 | 36 | 15 |
| Average Sales Price per Square Foot | 646 | 886 | 644 | 639 | 594 |
| Average Days on Market | 54 | 59 | 76 | 60 | 47 |
| Number of Properties for Sale | 1131 | 77 | 99 | 101 | 74 |
| Average List Price | $4,019,193 | $3,896,935 | $4,196,474 | $3,895,442 | $4,133,693 |
| Median List Price | $3,387,500 | $3,695,000 | $3,200,000 | $3,273,333 | $3,614,000 |
| Average Sales Price | $2,754,139 | $4,134,417 | $3,138,303 | $2,768,847 | $2,706,902 |
| Median Sales Price | $2,337,156 | $2,381,250 | $2,862,500 | $2,491,000 | $2,650,000 |
| Sales Price / List Price Ratio | 102.04% | 100.42% | 99.97% | 101.05% | 100.66% |
| Number of Properties Sold | 281 | 24 | 30 | 31 | 27 |
| Month’s Supply of Inventory | 4.4 | 3.21 | 3.3 | 3.22 | 2.74 |
| Absorption Rate | 0.25 | 0.31 | 0.3 | 0.31 | 0.36 |
Average & Median Sales Price
The median sales price in November 2025 was $2,381,250, down -16.81% from $2,862,500 from the previous month and -10.14% lower than $2,650,000 from November 2024. The November 2025 median sales price was at a mid level compared to November 2024 and 2023. The average sales price in November 2025 was $4,134,417, up 31.74% from $3,138,303 from the previous month and 52.74% higher than $2,706,902 from November 2024. The November 2025 average sale price was at its highest level compared to November 2024 and 2023.
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 November 2025 sales price/list price ratio was 100.42%, equal to the previous month and equal to November 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in November 2025 was 24, down -20.0% from 30 from the previous month and -11.11% lower than 27 from November 2024. The November 2025 sales were at its lowest level compared to November 2024 and 2023. 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 November 2025 was 59 days, down -22.37% from 76 days from the previous month and 25.53% higher than 47 days from November 2024. The November 2025 DOM was at its highest level compared with November 2024 and 2023.
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 November 2025 was $886, up 37.58% from $644 from the previous month and 49.16% higher than $594 from November 2024.
Inventory & MSI
The number of properties for sale in November 2025 was 77, down -22.22% from 99 from the previous month and 4.05% higher than 74 from November 2024. The November 2025 inventory was at a mid level compared with November 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2025 MSI of 3.21 months was at a mid level compared with November 2024 and 2023.
New Listings
The number of new listings in November 2025 was 19, down -56.82% from 44 from the previous month and 26.67% higher than 15 from November 2024. The November 2025 listings were at a mid level compared to November 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the November 2025 Westport Market Update:
🏠 Average prices hitting record highs – Average sales price reached $4.13M, up 31.74% from October's $3.14M, and up 52.74% from last year's $2.71M. However, median prices softened to $2.38M, down 16.81% from October but showing strength in higher price points.
⏳ Homes selling faster than October – Average days on market improved to 59 days, down 22.37% from October's 76 days, though still up 25.53% from last year's 47-day pace. Market momentum recovering after October slowdown.
📉 Inventory dropping significantly – 77 homes for sale, down 22.22% from last month's 99, and up just 4.05% from last year's 74. Tightest inventory in recent months creating competitive conditions.
📉 Sales activity slowing into year-end – 24 homes closed in November, down 20.0% from October's 30, and down 11.11% from last year's 27. Typical seasonal slowdown with fewer transactions as holidays approach.
What Buyers and Sellers Need to Know
✨ Sellers: Premium properties commanding record prices despite mixed median trends. Inventory is tight and homes are moving faster than October. Strong positioning heading into 2026.
🔍 Buyers: High-end market is hot with prices up 53% year-over-year, but overall transaction volume is down. Strategic opportunities exist as inventory tightens and seasonal patterns emerge.
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