Weston, CT May 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 April 2025. You will see data comparisons between April and the previous month, the last three months and April 2024.
| Overview | YTD Avg. | April | March | Jan. – Mar. | Apr. 2024 |
|---|---|---|---|---|---|
| New Listings | 64 | 22 | 20 | 14 | 23 |
| Average Sales Price per Square Foot | 392 | 401 | 398 | 389 | 337 |
| Average Days on Market | 62 | 33 | 59 | 72 | 80 |
| Number of Properties for Sale | 95 | 33 | 28 | 21 | 41 |
| Average List Price | $1,622,118 | $1,861,542 | $1,465,171 | $1,542,309 | $1,707,684 |
| Median List Price | $1,511,750 | $1,749,000 | $1,350,000 | $1,432,667 | $1,399,000 |
| Average Sales Price | $1,444,513 | $1,247,929 | $1,359,833 | $1,510,041 | $1,479,900 |
| Median Sales Price | $1,269,500 | $990,000 | $1,400,000 | $1,362,667 | $1,412,500 |
| Sales Price / List Price Ratio | 104.78% | 107.32% | 104.74% | 103.93% | 101.55% |
| Number of Properties Sold | 35 | 9 | 6 | 9 | 10 |
| Month’s Supply of Inventory | 2.96 | 3.67 | 4.67 | 2.73 | 4.1 |
| Absorption Rate | 0.44 | 0.27 | 0.21 | 0.5 | 0.24 |
Average & Median Sales Price
The median sales price in April 2025 was $990,000, down -29.29% from $1,400,000 from the previous month and -29.91% lower than $1,412,500 from April 2024. The April 2025 median sales price was at its lowest level compared to April 2024 and 2023.
The average sales price in April 2025 was $1,247,929, down -8.23% from $1,359,833 from the previous month and -15.67% lower than $1,479,900 from April 2024. The April 2025 average sale price was at its lowest level compared to April 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 April 2025 sales price/list price ratio was 107.32%, up from 104.74% from the previous month and up from 101.55% from April 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in April 2025 was 9, up 50.0% from 6 from the previous month and -10.0% lower than 10 from April 2024. The April 2025 sales were at its lowest level compared to April 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 April 2025 was 33 days, down -44.07% from 59 days from the previous month and -58.75% lower than 80 days from April 2024. The April 2025 DOM was at its lowest level compared with April 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 April 2025 was $401, equal to the previous month and 18.99% higher than $337 from April 2024.
Inventory & MSI
The number of properties for sale in April 2025 was 33, up 17.86% from 28 from the previous month and -19.51% lower than 41 from April 2024. The April 2025 inventory was at its lowest level compared with April 2024 and 2023.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2025 MSI of 3.67 months was at a mid level compared with April 2024 and 2023.
New Listings
The number of new listings in April 2025 was 22, up 10.0% from 20 from the previous month and -4.35% lower than 23 from April 2024. The April 2025 listings were at a mid level compared to April 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the April 2025 Weston Market Update:
🏠 Home prices show mixed signals – Median sales price dropped to $990K, down 29% from March's $1.4M but reflecting small sample volatility with only 9 sales.
⏰ Homes are selling much faster – Average days on market plummeted to 33 days, down 44% from March's 59 days and 59% faster than last April's sluggish 80 days.
📈 Inventory is gradually building – 33 homes for sale, up 18% from March's 28 properties but still 20% below last April's 41 homes. Supply remains constrained.
📊 Sales volume improved modestly – 9 homes closed in April, up 50% from March's 6 sales but down 10% from last April's 10 transactions.
What Buyers and Sellers Need to Know
✨ Sellers: You're operating in a strong market where homes sell 7% above asking price (107% ratio). The faster sales pace indicates excellent buyer demand despite seasonal volatility.
🔍 Buyers: Expect competitive conditions with above-asking sales, but the 3.67 months of inventory suggests more balanced negotiating power than in ultra-tight markets.
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