Fairfield, CT June 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 May 2026. You will see data comparisons between May and the previous month, the last three months and May 2025.
| Overview | YTD Avg. | May | April | Feb. – Apr. | May 2025 |
|---|---|---|---|---|---|
| New Listings | 326 | 96 | 76 | 64 | 79 |
| Average Sales Price per Square Foot | 533 | 482 | 593 | 574 | 492 |
| Average Days on Market | 43 | 39 | 41 | 44 | 52 |
| Number of Properties for Sale | 539 | 116 | 114 | 108 | 148 |
| Average List Price | $2,008,590 | $2,003,976 | $1,841,364 | $1,971,682 | $1,765,896 |
| Median List Price | $1,212,900 | $1,045,000 | $1,020,000 | $1,213,500 | $1,149,500 |
| Average Sales Price | $1,490,684 | $1,419,262 | $1,609,789 | $1,564,622 | $1,227,256 |
| Median Sales Price | $1,170,650 | $1,320,000 | $1,083,750 | $1,119,417 | $922,500 |
| Sales Price / List Price Ratio | 104.48% | 105.65% | 105.11% | 104.24% | 104.11% |
| Number of Properties Sold | 176 | 40 | 38 | 35 | 52 |
| Month’s Supply of Inventory | 3.14 | 2.9 | 3 | 3.2 | 2.85 |
| Absorption Rate | 0.32 | 0.34 | 0.33 | 0.32 | 0.35 |
Average & Median Sales Price
The median sales price in May 2026 was $1,320,000, up 21.80% from $1,083,750 from the previous month and 43.09% higher than $922,500 from May 2025. The May 2026 median sales price was at its highest level compared to May 2025 and 2024. The average sales price in May 2026 was $1,419,262, down -11.84% from $1,609,789 from the previous month and 15.65% higher than $1,227,256 from May 2025. The May 2026 average sale price was at its highest level compared to May 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 May 2026 sales price/list price ratio was 105.65%, equal to the previous month and up from 104.11% from May 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in May 2026 was 40, up 5.26% from 38 from the previous month and -23.08% lower than 52 from May 2025. The May 2026 sales were at its lowest level compared to May 2025 and 2024. Absorption rate is the average 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 a seller’s market. The DOM for May 2026 was 39 days, down -4.88% from 41 days from the previous month and -25.00% lower than 52 days from May 2025. The May 2026 DOM was at its lowest level compared with May 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 May 2026 was $482, down -18.72% from $593 from the previous month and -2.03% lower than $492 from May 2025.
Inventory & MSI
The number of properties for sale in May 2026 was 116, up 1.75% from 114 from the previous month and -21.62% lower than 148 from May 2025. The May 2026 inventory was at its lowest level compared with May 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2026 MSI of 2.9 months was at a mid level compared with May 2025 and 2024.
New Listings
The number of new listings in May 2026 was 96, up 26.32% from 76 from the previous month and 21.52% higher than 79 from May 2025. The May 2026 listings were at their highest level compared to May 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the May 2026 Fairfield Market Update:
🏠 Prices reach their highest May level in three years — Median sales price jumped to $1,320,000, up 21.80% from April’s $1,083,750 and a striking 43.09% above May 2025’s $922,500. Average sales price came in at $1,419,262, also its highest May level in the three-year window, up 15.65% from a year ago.
⏳ Homes selling at their fastest May pace in three years — Average days on market fell to 39, down from April’s 41 and 25% faster than May 2025’s 52 days. Fairfield is moving with real urgency right now.
📉 Inventory at its lowest May level in three years — 116 homes for sale, down 21.62% from May 2025’s 148. With a Month’s Supply of just 2.9, the supply picture remains tight despite Fairfield’s larger overall market size.
📊 Sales solid, buyers consistently paying over asking — 40 homes closed in May, up 5.26% from April’s 38, at a 105.65% sales-to-list ratio — essentially matching April’s pace and above May 2025’s 104.11%. Buyers are paying over asking and have been all year.
What Buyers and Sellers Need to Know
✨ Sellers: Both median and average prices are at three-year May highs, and homes are moving in under 40 days. With only 2.9 months of supply and a consistent 105%+ sales-to-list ratio, this is a strong moment to list — but presentation and pricing precision still determine whether you generate one offer or five.
🔍 Buyers: Fairfield’s volume gives you more options than neighboring towns, but the 105.65% sales-to-list ratio means competition is real and consistent. The drop in DOM to 39 days tells you the market doesn’t wait — come prepared with financing in place and a clear sense of your number before you walk through the door.
Want Personalized Advice?
Have thoughts or questions? Let me know what you think!
Feel free to reach out anytime—and don’t forget to like and subscribe for more updates on the Weston market!
