Ridgefield, CT October 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 September 2026. You will see data comparisons between September and the previous month, the last three months and September 2025.
| Overview | YTD Avg. | September | August | Jun. – Aug. | Sep. 2025 |
|---|---|---|---|---|---|
| New Listings | 293 | 30 | 19 | 36 | 32 |
| Average Sales Price per Square Foot | 416 | 413 | 431 | 426 | 397 |
| Average Days on Market | 46 | 45 | 36 | 34 | 41 |
| Number of Properties for Sale | 473 | 48 | 55 | 64 | 68 |
| Average List Price | $1,523,536 | $1,637,513 | $1,465,599 | $1,517,909 | $1,698,210 |
| Median List Price | $1,253,750 | $1,285,000 | $1,125,000 | $1,215,500 | $1,399,000 |
| Average Sales Price | $1,444,859 | $1,313,600 | $1,390,676 | $1,441,817 | $1,647,411 |
| Median Sales Price | $1,281,667 | $1,197,000 | $1,300,000 | $1,353,167 | $1,625,000 |
| Sales Price / List Price Ratio | 102.93% | 101.86% | 104.54% | 104.6% | 105.25% |
| Number of Properties Sold | 197 | 20 | 35 | 35 | 19 |
| Month’s Supply of Inventory | 2.66 | 2.4 | 1.57 | 1.86 | 3.58 |
| Absorption Rate | 0.41 | 0.42 | 0.64 | 0.55 | 0.28 |
Average & Median Sales Price
The median sales price in September 2026 was $1,197,000, down -7.92% from $1,300,000 from the previous month and -26.34% lower than $1,625,000 from September 2025. The September 2026 median sales price was at a mid level compared to September 2025 and 2024. The average sales price in September 2026 was $1,313,600, down -5.54% from $1,390,676 from the previous month and -20.26% lower than $1,647,411 from September 2025. The September 2026 average sale price was at a mid level compared to September 2025 and 2024.
Note: the source report’s monthly trend line isn’t accompanied by per-point labels, so the chart below shows only the confirmed comparison points from the report (YTD average, the Jun.–Aug. period, August, September, and September 2025) rather than a fabricated 36-month series.
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 2026 sales price/list price ratio was 101.86%, down from 104.54% from the previous month and down from 105.25% from September 2025.
Note: shown as a comparison of the confirmed report values (YTD average, Jun.–Aug., August, September, September 2025) — full monthly figures were not labeled in the source report.
Number of Properties Sold & Absorption Rate
The number of properties sold in September 2026 was 20, down -42.86% from 35 from the previous month and 5.26% higher than 19 from September 2025. The September 2026 sales were at its highest level compared to September 2025 and 2024. Absorption rate is the avg number of sales per month divided by the total number of available properties.
Absorption rate monthly values weren’t labeled in the source chart — only the comparison points below are confirmed.
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 2026 was 45 days, up 25.00% from 36 days from the previous month and 9.76% higher than 41 days from September 2025. The September 2026 DOM was at a mid level compared with September 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 September 2026 was $413, down -4.18% from $431 from the previous month and 4.03% higher than $397 from September 2025.
Note: shown as a comparison of the confirmed report values — full monthly figures were not labeled in the source chart.
Inventory & MSI
The number of properties for sale in September 2026 was 48, down -12.73% from 55 from the previous month and -29.41% lower than 68 from September 2025. The September 2026 inventory was at its lowest level compared with September 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2026 MSI of 2.4 months was at its lowest level compared with September 2025 and 2024.
MSI monthly values weren’t labeled in the source chart — only the comparison points below are confirmed.
New Listings
The number of new listings in September 2026 was 30, up 57.89% from 19 from the previous month and -6.25% lower than 32 from September 2025. The September 2026 listings were at its lowest level compared to September 2025 and 2024.
Note: two monthly bars in the source chart (December 2024 and December 2025) aren’t labeled, so the chart below shows only the confirmed comparison points (Jun.–Aug., August, September, September 2025). The YTD figure of 293 is a year-to-date total and appears in the Overview table.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the September 2026 Ridgefield Market Update:
🏠 Prices eased from last year. The median sale price was $1,197,000, down 7.92% from August and 26.34% below September 2025. Price per sq ft held at $413, up 4.03% year over year.
⏳ Homes are still moving steadily. Average days on market was 45, up from 36 in August and 41 a year ago. Sellers got 101.86% of list price on average.
📉 Closings cooled after a busy August. 20 homes sold, down 42.86% from August but up 5.26% from September 2025. That is the strongest September total of the past three years.
📊 Inventory is the tightest in years. Just 48 homes were for sale, down 29.41% from a year ago and the lowest September level in three years. Month’s supply fell to 2.4, with 30 new listings arriving.
What Buyers and Sellers Need to Know
✨ Sellers: Homes are still selling above list at 101.86%, in about 45 days. With just 2.4 months of supply, well-priced homes face little competition.
🔍 Buyers: The median sale price is $1,197,000, down 26.34% from last September. Only 48 homes are for sale, so be ready to act on the right one.
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