Wilton, CT May 2025 Real Estate Market Report: Insights & Forecast
Assembled by: Judy Michaelis, 203-247-5000
Market Trends Report – April 2025
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 | 77 | 24 | 27 | 18 | 42 |
| Average Sales Price per Square Foot | 387 | 408 | 372 | 379 | 392 |
| Average Days on Market | 65 | 49 | 47 | 70 | 42 |
| Number of Properties for Sale | 129 | 35 | 36 | 31 | 53 |
| Average List Price | $1,550,120 | $1,412,106 | $1,538,797 | $1,596,124 | $1,470,558 |
| Median List Price | $1,282,250 | $960,000 | $1,277,500 | $1,389,667 | $1,279,000 |
| Average Sales Price | $1,542,754 | $1,365,524 | $2,362,083 | $1,601,830 | $1,485,484 |
| Median Sales Price | $1,361,438 | $1,352,000 | $1,751,250 | $1,364,583 | $1,250,000 |
| Sales Price / List Price Ratio | 105.77% | 110.77% | 105.16% | 104.11% | 110.36% |
| Number of Properties Sold | 43 | 19 | 6 | 8 | 19 |
| Month’s Supply of Inventory | 3.88 | 1.84 | 6 | 4.56 | 2.79 |
| Absorption Rate | 0.35 | 0.54 | 0.17 | 0.28 | 0.36 |
Average & Median Sales Price
The median sales price in April 2025 was $1,352,000, down -22.80% from $1,751,250 from the previous month and 8.16% higher than $1,250,000 from April 2024. The April 2025 median sales price was at its highest level compared to April 2024 and 2023.
The average sales price in April 2025 was $1,365,524, down -42.19% from $2,362,083 from the previous month and -8.08% lower than $1,485,484 from April 2024. The April 2025 average sale price was at a mid 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 110.77%, up from 105.16% from the previous month and equal to April 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in April 2025 was 19, up 216.67% from 6 from the previous month and equal to April 2024. The April 2025 sales were at a mid 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 49 days, up 4.26% from 47 days from the previous month and 16.67% higher than 42 days from April 2024. The April 2025 DOM was at a mid 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 $408, up 9.68% from $372 from the previous month and 4.08% higher than $392 from April 2024.
Inventory & MSI
The number of properties for sale in April 2025 was 35, down -2.78% from 36 from the previous month and -33.96% lower than 53 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 1.84 months was at its lowest level compared with April 2024 and 2023.
New Listings
The number of new listings in April 2025 was 24, down -11.11% from 27 from the previous month and -42.86% lower than 42 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 Wilton Market Update:
🏠 Home prices showed mixed signals – Median sales price is $1.352M, down 23% from last month but still up 8% from last year. Average sales price dropped significantly to $1.366M, down 42% monthly and 8% annually.
⏰ Homes are selling relatively quickly – Average days on market is 49, up slightly from 47 last month but still 17% higher than last year's 42 days. The market pace remains fairly brisk.
📈 Inventory remains very tight – Only 35 homes for sale, down slightly from 36 last month and dramatically down 34% from 53 a year ago. This represents the lowest inventory level compared to recent years.
📊 Sales activity rebounded strongly – 19 homes closed in April, surging 217% from just 6 last month and matching the 19 sales from April 2024. The market showed renewed energy.
What Buyers and Sellers Need to Know
✨ Sellers: You're in a strong position with homes selling well above asking at 111% of list price and extremely low inventory. The 1.84-month supply heavily favors sellers, though be mindful that days on market have increased slightly.
🔍 Buyers: Expect to pay above asking price in this seller's market, but the slight increase in days on market suggests you may have marginally more time to evaluate properties. With inventory at historic lows, act decisively on suitable homes.
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