Wilton, 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 | 121 | 40 | 27 | 24 | 35 |
Average Sales Price per Square Foot | 393 | 417 | 408 | 396 | 446 |
Average Days on Market | 58 | 32 | 49 | 49 | 38 |
Number of Properties for Sale | 193 | 43 | 47 | 42 | 52 |
Average List Price | $1,536,130 | $1,604,109 | $1,369,628 | $1,487,584 | $1,312,971 |
Median List Price | $1,292,600 | $1,395,000 | $960,000 | $1,206,000 | $1,117,000 |
Average Sales Price | $1,518,618 | $1,422,075 | $1,365,524 | $1,675,130 | $1,452,677 |
Median Sales Price | $1,339,350 | $1,251,000 | $1,352,000 | $1,406,083 | $1,426,500 |
Sales Price / List Price Ratio | 106.52% | 109.49% | 110.77% | 106.57% | 110.01% |
Number of Properties Sold | 62 | 19 | 19 | 10 | 18 |
Month’s Supply of Inventory | 3.96 | 2.26 | 2.47 | 5.16 | 2.89 |
Absorption Rate | 0.33 | 0.44 | 0.4 | 0.24 | 0.35 |
Average & Median Sales Price
The median sales price in May 2025 was $1,251,000, down -7.47% from $1,352,000 from the previous month and -12.30% lower than $1,426,500 from May 2024. The May 2025 median sales price was at a mid level compared to May 2024 and 2023.
The average sales price in May 2025 was $1,422,075, up 4.14% from $1,365,524 from the previous month and -2.11% lower than $1,452,677 from May 2024. The May 2025 average sale price was at its lowest 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 109.49%, down from 110.77% from the previous month and equal to May 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in May 2025 was 19, equal to the previous month and 5.56% higher than 18 from May 2024. The May 2025 sales were at its highest 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 32 days, down -34.69% from 49 days from the previous month and -15.79% lower than 38 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 $417, up 2.21% from $408 from the previous month and -6.50% lower than $446 from May 2024.
Inventory & MSI
The number of properties for sale in May 2025 was 43, down -8.51% from 47 from the previous month and -17.31% lower than 52 from May 2024. The May 2025 inventory was at its lowest 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 2.26 months was at its lowest level compared with May 2024 and 2023.
New Listings
The number of new listings in May 2025 was 40, up 48.15% from 27 from the previous month and 14.29% higher than 35 from May 2024. The May 2025 listings were at its highest level compared to May 2024 and 2023.
Judy Michaelis
Based on information from SmartMLS for the period 06/01/2022 through 5/31/2025. Source data is deemed reliable but not guaranteed. Real estate agents affiliated with Coldwell Banker Realty are independent contractor sales associates, not employees. ©2025 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
Prefer the quick version? Here's a snapshot of the May 2025 Wilton Market Update:
🏠 Home prices showed mixed signals – Median sales price dropped to $1.25M, down 7% from April's $1.35M and down 12% from last year's $1.43M.
⏱️ Homes are selling much faster – Average days on market plunged to 32, down 35% from April's 49 days and 16% lower than last year's 38 days. Fastest pace in years.
📈 Inventory tight despite listing surge – 43 homes available for sale, down 9% from April's 47 and down 17% from last year's 52.
📊 Closed sales held steady above asking – 19 homes closed in May, matching April and up 6% from 18 last year. Properties continue selling above list price at 109% ratio, though slightly below recent peaks.
What Buyers and Sellers Need to Know
✨ Sellers: Despite new listing activity surging, total inventory remains constrained. Price competitively as market pace has accelerated dramatically with buyers moving quickly.
🔍 Buyers: Limited inventory persists even with more new listings entering the market. Homes are selling 35% faster than last month, so be prepared to act decisively on well-priced properties.
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