Weston, CT June 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 May 2025. You will see data comparisons between May and the previous month, the last three months and May 2024.
| Overview | YTD Avg. | May | April | Feb. – Apr. | May 2024 |
|---|---|---|---|---|---|
| New Listings | 97 | 31 | 24 | 20 | 27 |
| Average Sales Price per Square Foot | 404 | 451 | 401 | 399 | 362 |
| Average Days on Market | 55 | 26 | 33 | 54 | 54 |
| Number of Properties for Sale | 146 | 44 | 39 | 30 | 41 |
| Average List Price | $1,612,725 | $1,668,245 | $1,776,226 | $1,596,873 | $1,583,920 |
| Median List Price | $1,491,580 | $1,560,000 | $1,650,000 | $1,449,633 | $1,399,000 |
| Average Sales Price | $1,486,410 | $1,654,000 | $1,247,929 | $1,397,698 | $1,558,170 |
| Median Sales Price | $1,331,600 | $1,580,000 | $990,000 | $1,263,333 | $1,505,000 |
| Sales Price / List Price Ratio | 104.96% | 105.68% | 107.32% | 104.26% | 106.47% |
| Number of Properties Sold | 41 | 6 | 9 | 8 | 12 |
| Month’s Supply of Inventory | 4 | 7.33 | 4.33 | 3.83 | 3.42 |
| Absorption Rate | 0.37 | 0.14 | 0.23 | 0.29 | 0.29 |
Average & Median Sales Price
The median sales price in May 2025 was $1,580,000, up 59.60% from $990,000 from the previous month and 4.98% higher than $1,505,000 from May 2024. The May 2025 median sales price was at its highest level compared to May 2024 and 2023.
The average sales price in May 2025 was $1,654,000, up 32.54% from $1,247,929 from the previous month and 6.15% higher than $1,558,170 from May 2024. The May 2025 average sale price was at its highest level compared to May 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 May 2025 sales price/list price ratio was 105.68%, down from 107.32% from the previous month and equal to May 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in May 2025 was 6, down -33.33% from 9 from the previous month and -50.0% lower than 12 from May 2024. The May 2025 sales were at its lowest level compared to May 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 May 2025 was 26 days, down -21.21% from 33 days from the previous month and -51.85% lower than 54 days from May 2024. The May 2025 DOM was at its lowest level compared with May 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 May 2025 was $451, up 12.47% from $401 from the previous month and 24.59% higher than $362 from May 2024.
Inventory & MSI
The number of properties for sale in May 2025 was 44, up 12.82% from 39 from the previous month and 7.32% higher than 41 from May 2024. The May 2025 inventory was at a mid level compared with May 2024 and 2023.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2025 MSI of 7.33 months was at its highest level compared with May 2024 and 2023.
New Listings
The number of new listings in May 2025 was 31, up 29.17% from 24 from the previous month and 14.81% higher than 27 from May 2024. The May 2025 listings were at a mid level compared to May 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the May 2025 Weston Market Update:
🏠 Median home prices surged dramatically – Median sales price jumped to $1,580,000, up 60% from April's $990,000, up 5% from last year, and up 45% from May 2023's $1,100,000.
⏱️ Market pace accelerated significantly – Average days on market dropped to just 18 days, down 65% from last year's 51 days and down 45% from May 2023's 33 days.
📈 Inventory expanded substantially – 40 homes available for sale, up 48% from last year's 27 homes and up 21% from May 2023's 33 homes.
📊 Closed sales moderated – 9 homes closed in June, down 25% from last year's 12 homes but matching May 2023's 9 closings.
What Buyers and Sellers Need to Know
✨ Sellers: Take advantage of exceptional 60% monthly price growth and lightning-fast 18-day sales timelines. Price strategically to reflect rising inventory while capitalizing on strong buyer demand.
🔍 Buyers: Act quickly as homes sell 65% faster than last year despite 48% more inventory options. The luxury market offers more selection but requires immediate decision-making in this accelerated environment.
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