Westport, CT October 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 September 2025. You will see data comparisons between September and the previous month, the last three months and September 2024.
| Overview | YTD Avg. | September | August | Jun. – Aug. | Sep. 2024 |
|---|---|---|---|---|---|
| New Listings | 377 | 34 | 27 | 33 | 46 |
| Average Sales Price per Square Foot | 619 | 638 | 636 | 641 | 571 |
| Average Days on Market | 51 | 53 | 51 | 45 | 42 |
| Number of Properties for Sale | 931 | 87 | 99 | 115 | 99 |
| Average List Price | $4,025,870 | $3,703,576 | $3,807,100 | $3,798,941 | $4,107,543 |
| Median List Price | $3,451,889 | $3,695,000 | $3,375,000 | $3,206,500 | $3,599,000 |
| Average Sales Price | $2,558,090 | $2,379,482 | $2,788,757 | $2,618,632 | $2,068,620 |
| Median Sales Price | $2,273,885 | $2,015,000 | $2,595,500 | $2,228,404 | $2,300,000 |
| Sales Price / List Price Ratio | 102.45% | 100.24% | 102.95% | 103.83% | 102.65% |
| Number of Properties Sold | 227 | 32 | 32 | 35 | 25 |
| Month’s Supply of Inventory | 4.55 | 2.72 | 3.09 | 3.26 | 3.96 |
| Absorption Rate | 0.24 | 0.37 | 0.32 | 0.31 | 0.25 |
Average & Median Sales Price
The median sales price in September 2025 was $2,015,000, down -22.37% from $2,595,500 from the previous month and -12.39% lower than $2,300,000 from September 2024. The September 2025 median sales price was at its lowest level compared to September 2024 and 2023.
The average sales price in September 2025 was $2,379,482, down -14.68% from $2,788,757 from the previous month and 15.03% higher than $2,068,620 from September 2024. The September 2025 average sale price was at a mid level compared to September 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 September 2025 sales price/list price ratio was 100.24%, down from 102.95% from the previous month and down from 102.65% from September 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in September 2025 was 32, equal to the previous month and 28.00% higher than 25 from September 2024. The September 2025 sales were at its highest level compared to September 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 September 2025 was 53 days, up 3.92% from 51 days from the previous month and 26.19% higher than 42 days from September 2024. The September 2025 DOM was at a mid level compared with September 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 September 2025 was $638, equal to the previous month and 11.73% higher than $571 from September 2024.
Inventory & MSI
The number of properties for sale in September 2025 was 87, down -12.12% from 99 from the previous month and -12.12% lower than 99 from September 2024. The September 2025 inventory was at its lowest level compared with September 2024 and 2023.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2025 MSI of 2.72 months was at its lowest level compared with September 2024 and 2023.
New Listings
The number of new listings in September 2025 was 34, up 25.93% from 27 from the previous month and -26.09% lower than 46 from September 2024. The September 2025 listings were at its lowest level compared to September 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the September 2025 Westport Market Update:
🏠 Home prices declining sharply – Median sales price is $2.02M, down 22.37% from August's $2.60M, and down 12.39% from last year's $2.30M. Significant price correction after summer peak.
⏳ Homes taking slightly longer to sell – Average days on market rose to 53 days, up 3.92% from August's 51 days, and up 26.19% from last year's 42-day pace. Market is cooling slightly.
📉 Inventory tightening moderately – 87 homes for sale, down 12.12% from last month's 99, and down 12.12% from last year's 99. Continued inventory constraints.
📈 Sales activity holding steady year-over-year – 32 homes closed in September, flat with August's 32, but up 28.00% from last year's 25. Transaction volume remains strong compared to 2024.
What Buyers and Sellers Need to Know
✨ Sellers: The significant median price drop from August suggests seasonal adjustment after summer highs. Still a tight inventory market with strong year-over-year sales volume, but pricing strategy will be more critical as days on market increase.
🔍 Buyers: Better pricing opportunities compared to summer peak, though inventory remains constrained. The slight increase in days on market suggests less competition and more negotiating room. Year-over-year sales activity shows sustained buyer interest.
Want Personalized Advice?
Have thoughts or questions? Let me know what you think!
Feel free to reach out anytime—and don’t forget to like and subscribe for more updates on the Weston market!
