Westport, 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 | 210 | 62 | 53 | 38 | 59 |
| Average Sales Price per Square Foot | 691 | 752 | 643 | 697 | 637 |
| Average Days on Market | 53 | 48 | 57 | 56 | 45 |
| Number of Properties for Sale | 389 | 85 | 84 | 77 | 133 |
| Average List Price | $4,018,976 | $4,444,311 | $4,080,794 | $3,977,234 | $3,756,711 |
| Median List Price | $3,459,000 | $4,000,000 | $3,422,500 | $3,281,667 | $2,995,000 |
| Average Sales Price | $2,912,265 | $2,947,731 | $2,492,482 | $2,991,264 | $2,788,112 |
| Median Sales Price | $2,226,500 | $2,385,000 | $2,360,000 | $2,215,833 | $2,200,000 |
| Sales Price / List Price Ratio | 102.75% | 103.26% | 104.65% | 102.7% | 103.16% |
| Number of Properties Sold | 96 | 24 | 22 | 19 | 26 |
| Month’s Supply of Inventory | 4.18 | 3.54 | 3.82 | 4.16 | 5.12 |
| Absorption Rate | 0.24 | 0.28 | 0.26 | 0.24 | 0.20 |
Average & Median Sales Price
The median sales price in May 2026 was $2,385,000, up 1.06% from $2,360,000 from the previous month and 8.41% higher than $2,200,000 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 $2,947,731, up 18.26% from $2,492,482 from the previous month and 5.72% higher than $2,788,112 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 103.26%, down from 104.65% from the previous month and equal to May 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in May 2026 was 24, up 9.09% from 22 from the previous month and -7.69% lower than 26 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 48 days, down -15.79% from 57 days from the previous month and 6.67% higher than 45 days from May 2025. The May 2026 DOM was at a mid 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 $752, up 16.95% from $643 from the previous month and 18.05% higher than $637 from May 2025.
Inventory & MSI
The number of properties for sale in May 2026 was 85, up 1.19% from 84 from the previous month and -36.09% lower than 133 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 3.54 months was at its lowest level compared with May 2025 and 2024.
New Listings
The number of new listings in May 2026 was 62, up 16.98% from 53 from the previous month and 5.08% higher than 59 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 Westport Market Update:
🏠 Prices hit their highest May level in three years — Median sales price climbed to $2,385,000, up 8.41% from May 2025’s $2,200,000. Average sales price followed suit at $2,947,731, also its strongest May showing in three years.
⏳ Homes selling faster than last month — Average days on market fell to 48, down nearly 16% from April’s 57. Momentum is clearly building as we move deeper into spring.
📉 Inventory remains at a three-year May low — Only 85 homes for sale, down 36% from May 2025’s 133. With a Month’s Supply of just 3.54, there’s simply not much to choose from.
📊 Buyers are paying to win — 24 homes closed in May, up 9% from April’s 22, and they sold at 103.26% of list price. The average buyer paid over asking — a clear sign that demand hasn’t softened despite rising prices.
What Buyers and Sellers Need to Know
✨ Sellers: Inventory is at its lowest May level in three years and homes are closing above asking price. With a sales-to-list ratio of 103.26% and only 3.54 months of supply, conditions strongly favor sellers — but precise pricing remains the key to generating multiple offers.
🔍 Buyers: With only 85 homes available and competition still pushing prices over asking, preparation is critical. The surge to 62 new listings is welcome news — be ready to move decisively when the right home appears, and lean on data, not emotion, when shaping an offer.
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