Westport, CT February 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 for January 2026. You will see data comparisons between January and the previous month, the last three months and January 2025.
| Overview | YTD Avg. | January | December | Oct. – Dec. | Jan. 2025 |
|---|---|---|---|---|---|
| New Listings | 27 | 27 | 10 | 24 | 34 |
| Average Sales Price per Square Foot | 617 | 617 | 709 | 746 | 578 |
| Average Days on Market | 50 | 50 | 68 | 67 | 41 |
| Number of Properties for Sale | 57 | 57 | 59 | 80 | 72 |
| Average List Price | $4,131,968 | $4,131,968 | $3,927,496 | $3,966,751 | $4,558,165 |
| Median List Price | $3,999,000 | $3,999,000 | $3,450,000 | $3,375,000 | $3,799,500 |
| Average Sales Price | $2,714,073 | $2,714,073 | $2,505,833 | $3,238,192 | $1,892,679 |
| Median Sales Price | $2,110,500 | $2,110,500 | $2,055,000 | $2,447,500 | $1,604,000 |
| Sales Price / List Price Ratio | 102.98% | 102.98% | 100.89% | 100.44% | 102.41% |
| Number of Properties Sold | 14 | 14 | 18 | 24 | 14 |
| Month’s Supply of Inventory | 4.07 | 4.07 | 3.28 | 3.29 | 5.14 |
| Absorption Rate | 0.25 | 0.25 | 0.31 | 0.3 | 0.19 |
Average & Median Sales Price
The median sales price in January 2026 was $2,110,500, up 2.70% from $2,055,000 from the previous month and 31.58% higher than $1,604,000 from January 2025. The January 2026 median sales price was at its highest level compared to January 2025 and 2024. The average sales price in January 2026 was $2,714,073, up 8.31% from $2,505,833 from the previous month and 43.40% higher than $1,892,679 from January 2025. The January 2026 average sale price was at its highest level compared to January 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 January 2026 sales price/list price ratio was 102.98%, up from 100.89% from the previous month and equal to January 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in January 2026 was 14, down -22.22% from 18 from the previous month and equal to January 2025. The January 2026 sales were at its lowest level compared to January 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 January 2026 was 50 days, down -26.47% from 68 days from the previous month and 21.95% higher than 41 days from January 2025. The January 2026 DOM was at a mid level compared with January 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 January 2026 was $617, down -12.98% from $709 from the previous month and 6.75% higher than $578 from January 2025.
Inventory & MSI
The number of properties for sale in January 2026 was 57, down -3.39% from 59 from the previous month and -20.83% lower than 72 from January 2025. The January 2026 inventory was at its lowest level compared with January 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2026 MSI of 4.07 months was at its lowest level compared with January 2025 and 2024.
New Listings
The number of new listings in January 2026 was 27, up 170.0% from 10 from the previous month and -20.59% lower than 34 from January 2025. The January 2026 listings were at its lowest level compared to January 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the January 2026 Westport Market Update:
🏠 Prices rebounding strongly – Average sales price rose to $2.71M, up 8.31% from December and up 43.40% from last year. Median climbed to $2.11M, up 2.70% monthly and up 31.58% year-over-year. Strong start to 2026 after December's dip.
⏳ Homes selling faster – Average days on market dropped to 50 days, down 26.47% from December's 68 days but up 21.95% from last year's 41 days. Post-holiday market normalizing.
📉 Inventory at lowest level – 57 homes for sale, down 3.39% from last month's 59, and down 20.83% from last year's 72. January 2026 inventory at its lowest level compared to January 2025 and 2024.
📊 Sales matching last year – 14 homes closed, down 22.22% from December's 18, but equal to last year's 14. New listings surged 170% to 27 from December's 10.
What Buyers and Sellers Need to Know
✨ Sellers: Strong price recovery with median up 32% year-over-year and critically low inventory creates favorable conditions. New listing surge signals spring market activation.
🔍 Buyers: Limited inventory (lowest in three years) means competition returning. Act quickly as 170% spike in new listings suggests sellers gaining confidence.
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