Westport, CT March 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 February 2026. You will see data comparisons between February and the previous month, the last three months and February 2025.
| Overview | YTD Avg. | February | January | Nov. – Jan. | Feb. 2025 |
|---|---|---|---|---|---|
| New Listings | 52 | 18 | 34 | 21 | 28 |
| Average Sales Price per Square Foot | 659 | 707 | 611 | 735 | 605 |
| Average Days on Market | 42 | 34 | 49 | 58 | 61 |
| Number of Properties for Sale | 127 | 57 | 70 | 71 | 85 |
| Average List Price | $3,808,315 | $3,812,484 | $3,804,145 | $3,821,608 | $4,482,359 |
| Median List Price | $3,612,500 | $3,750,000 | $3,475,000 | $3,440,833 | $3,925,000 |
| Average Sales Price | $2,773,413 | $2,907,025 | $2,639,801 | $3,072,025 | $2,105,458 |
| Median Sales Price | $2,012,500 | $1,925,000 | $2,100,000 | $2,193,333 | $1,786,250 |
| Sales Price / List Price Ratio | 101.76% | 101.13% | 102.39% | 101.25% | 99.14% |
| Number of Properties Sold | 28 | 13 | 15 | 19 | 12 |
| Month’s Supply of Inventory | 4.52 | 4.38 | 4.67 | 3.76 | 7.08 |
| Absorption Rate | 0.22 | 0.23 | 0.21 | 0.27 | 0.14 |
Average & Median Sales Price
The median sales price in February 2026 was $1,925,000, down -8.33% from $2,100,000 from the previous month and 7.77% higher than $1,786,250 from February 2025. The February 2026 median sales price was at its highest level compared to February 2025 and 2024. The average sales price in February 2026 was $2,907,025, up 10.12% from $2,639,801 from the previous month and 38.07% higher than $2,105,458 from February 2025. The February 2026 average sale price was at its highest level compared to February 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 February 2026 sales price/list price ratio was 101.13%, down from 102.39% from the previous month and up from 99.14% from February 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in February 2026 was 13, down -13.33% from 15 from the previous month and 8.33% higher than 12 from February 2025. The February 2026 sales were at its highest level compared to February 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 February 2026 was 34 days, down -30.61% from 49 days from the previous month and -44.26% lower than 61 days from February 2025. The February 2026 DOM was at its lowest level compared with February 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 February 2026 was $707, up 15.71% from $611 from the previous month and 16.86% higher than $605 from February 2025.
Inventory & MSI
The number of properties for sale in February 2026 was 57, down -18.57% from 70 from the previous month and -32.94% lower than 85 from February 2025. The February 2026 inventory was at its lowest level compared with February 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2026 MSI of 4.38 months was at its lowest level compared with February 2025 and 2024.
New Listings
The number of new listings in February 2026 was 18, down -47.06% from 34 from the previous month and -35.71% lower than 28 from February 2025. The February 2026 listings were at its lowest level compared to February 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the February 2026 Westport Market Update:
🏠 Prices climbing year-over-year – Average sales price rose to $2.91M, up 10.12% from January and up 38.07% from last year. Median dipped slightly to $1.93M but remains 7.77% above February 2025.
⏳ Homes selling faster than ever – Average days on market dropped to 34 days, down 30.61% from January and down 44.26% from last year. February 2026 DOM is at its lowest level compared to February 2025 and 2024.
📉 Inventory at record lows – 57 homes for sale, down 18.57% from January’s 70 and down 32.94% from last year’s 85. February 2026 inventory is at its lowest level compared to February 2025 and 2024.
📊 Sales up year-over-year, listings drop sharply – 13 homes closed, up 8.33% from last February’s 12. New listings fell 47.06% to 18 from January’s 34.
What Buyers and Sellers Need to Know
✨ Sellers: Inventory at its lowest in three years and homes selling in just 34 days creates a strong opportunity. Well-priced homes are still closing above asking price.
🔍 Buyers: With only 57 homes available and new listings down nearly 50%, selection is tight. Come prepared — this market moves quickly.
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