Westport, CT April 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 April 2026. You will see data comparisons between April and the previous month, the last three months and April 2025.
| Overview | YTD Avg. | April | March | Jan. – Mar. | Apr. 2025 |
|---|---|---|---|---|---|
| New Listings | 144 | 52 | 37 | 31 | 76 |
| Average Sales Price per Square Foot | 676 | 643 | 741 | 686 | 601 |
| Average Days on Market | 54 | 57 | 78 | 53 | 59 |
| Number of Properties for Sale | 290 | 74 | 74 | 72 | 125 |
| Average List Price | $4,017,424 | $4,356,846 | $4,327,317 | $3,904,284 | $3,894,693 |
| Median List Price | $3,494,350 | $3,840,000 | $3,787,500 | $3,379,133 | $3,000,000 |
| Average Sales Price | $2,903,399 | $2,492,482 | $3,628,360 | $3,040,371 | $2,696,550 |
| Median Sales Price | $2,186,875 | $2,360,000 | $2,250,000 | $2,129,167 | $2,934,500 |
| Sales Price / List Price Ratio | 102.62% | 104.65% | 102.21% | 101.95% | 102.05% |
| Number of Properties Sold | 72 | 22 | 21 | 17 | 20 |
| Month’s Supply of Inventory | 4.17 | 3.36 | 3.52 | 4.44 | 6.25 |
| Absorption Rate | 0.25 | 0.3 | 0.28 | 0.23 | 0.16 |
Average & Median Sales Price
The median sales price in April 2026 was $2,360,000, up 4.89% from $2,250,000 from the previous month and -19.58% lower than $2,934,500 from April 2025. The April 2026 median sales price was at a mid level compared to April 2025 and 2024. The average sales price in April 2026 was $2,492,482, down -31.31% from $3,628,360 from the previous month and -7.57% lower than $2,696,550 from April 2025. The April 2026 average sale price was at a mid level compared to April 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 April 2026 sales price/list price ratio was 104.65%, up from 102.21% from the previous month and up from 102.05% from April 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in April 2026 was 22, up 4.76% from 21 from the previous month and 10.0% higher than 20 from April 2025. The April 2026 sales were at a mid level compared to April 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 April 2026 was 57 days, down -26.92% from 78 days from the previous month and -3.39% lower than 59 days from April 2025. The April 2026 DOM was at a mid level compared with April 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 April 2026 was $643, down -13.23% from $741 from the previous month and 6.99% higher than $601 from April 2025.
Inventory & MSI
The number of properties for sale in April 2026 was 74, equal to the previous month and -40.80% lower than 125 from April 2025. The April 2026 inventory was at its lowest level compared with April 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2026 MSI of 3.36 months was at its lowest level compared with April 2025 and 2024.
New Listings
The number of new listings in April 2026 was 52, up 40.54% from 37 from the previous month and -31.58% lower than 76 from April 2025. The April 2026 listings were at its lowest level compared to April 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the April 2026 Westport Market Update:
🏡 Median price up, average price softens — Median sales price climbed to $2,360,000, up 4.89% from March’s $2,250,000, though -19.58% lower than April 2025’s $2,934,500. Average sales price came in at $2,492,482, down -31.31% from March’s $3,628,360 and -7.57% lower than April 2025’s $2,696,550.
⏳ Homes selling faster than last month — Average days on market fell to 57, down -26.92% from March’s 78 and -3.39% lower than April 2025’s 59.
📉 Inventory at its lowest April level in three years — 74 homes for sale, equal to March and -40.80% below April 2025’s 125. Months Supply of Inventory of 3.36 (vs. 6.25 last April) confirms how tight conditions remain.
📊 Sales hold steady, listings rebound — 22 homes closed, up 4.76% from March’s 21 and 10.0% higher than April 2025’s 20. New listings rose to 52, up 40.54% from March’s 37, though still -31.58% below last April’s 76. Homes sold at 104.65% of list price — the average buyer paid 4.65% over asking.
What Buyers and Sellers Need to Know
✨ Sellers: Inventory is at its lowest April level in three years and homes are closing 4.65% above asking on average. Conditions favor sellers, but the rise in days on market over the prior month suggests pricing precision still matters — listings priced realistically are the ones generating multiple offers.
🔍 Buyers: With only 74 homes for sale across Westport and competition pushing prices over asking, preparation is essential. The 40.54% jump in new listings from March 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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