Ridgefield, CT September 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 August 2026. You will see data comparisons between August and the previous month, the last three months and August 2025.
| Overview | YTD Avg. | August | July | May. – Jul. | Aug. 2025 |
|---|---|---|---|---|---|
| New Listings | 262 | 19 | 40 | 48 | 16 |
| Average Sales Price per Square Foot | 416 | 428 | 408 | 426 | 383 |
| Average Days on Market | 47 | 38 | 32 | 33 | 38 |
| Number of Properties for Sale | 416 | 51 | 64 | 70 | 54 |
| Average List Price | $1,517,493 | $1,508,190 | $1,558,362 | $1,578,313 | $1,810,539 |
| Median List Price | $1,251,750 | $1,100,000 | $1,295,000 | $1,335,500 | $1,585,000 |
| Average Sales Price | $1,460,565 | $1,385,061 | $1,535,613 | $1,457,136 | $1,147,133 |
| Median Sales Price | $1,292,250 | $1,300,000 | $1,430,000 | $1,378,167 | $1,025,000 |
| Sales Price / List Price Ratio | 103% | 104.05% | 103.94% | 105.59% | 104.29% |
| Number of Properties Sold | 175 | 33 | 33 | 29 | 27 |
| Month’s Supply of Inventory | 2.67 | 1.55 | 1.94 | 2.68 | 2 |
| Absorption Rate | 0.42 | 0.65 | 0.52 | 0.42 | 0.5 |
Average & Median Sales Price
The median sales price in August 2026 was $1,300,000, down -9.09% from $1,430,000 from the previous month and 26.83% higher than $1,025,000 from August 2025. The August 2026 median sales price was at its highest level compared to August 2025 and 2024. The average sales price in August 2026 was $1,385,061, down -9.80% from $1,535,613 from the previous month and 20.74% higher than $1,147,133 from August 2025. The August 2026 average sale price was at its highest level compared to August 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 May.–Jul. period, July, August, and August 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 August 2026 sales price/list price ratio was 104.05%, equal to the previous month and equal to August 2025.
Note: shown as a comparison of the confirmed report values (YTD average, May.–Jul., July, August, August 2025) — full monthly figures were not labeled in the source report.
Number of Properties Sold & Absorption Rate
The number of properties sold in August 2026 was 33, equal to the previous month and 22.22% higher than 27 from August 2025. The August 2026 sales were at a mid level compared to August 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 a seller’s market. The DOM for August 2026 was 38 days, up 18.75% from 32 days from the previous month and equal to August 2025. The August 2026 DOM was at its lowest level compared with August 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 August 2026 was $428, up 4.90% from $408 from the previous month and 11.75% higher than $383 from August 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 August 2026 was 51, down -20.31% from 64 from the previous month and -5.56% lower than 54 from August 2025. The August 2026 inventory was at a mid level compared with August 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2026 MSI of 1.55 months was at a mid level compared with August 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 August 2026 was 19, down -52.50% from 40 from the previous month and 18.75% higher than 16 from August 2025. The August 2026 listings were at its highest level compared to August 2025 and 2024.
Note: several monthly bar labels for New Listings could not be reliably aligned in the source chart, so this chart shows only the five confirmed comparison points from the Overview table rather than a fabricated 36-month series.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the August 2026 Ridgefield Market Update:
💰 Prices hit their highest August level in three years — Median sales price climbed to $1,300,000, up 26.83% from August 2025’s $1,025,000, despite a 9.09% pullback from July’s $1,430,000. Average sales price followed suit at $1,385,061, also its strongest August showing in three years.
⏳ Homes are selling at the same pace as last year — Average days on market came in at 38, up from July’s 32, and matching August 2025’s 38 exactly.
📦 Inventory holds mid-range — 51 homes for sale, down 5.56% from August 2025’s 54. With a Month’s Supply of 1.55, conditions remain competitive but not extreme.
📊 Sellers keep an edge — 33 homes closed in August, matching July’s pace and up 22.22% from last August’s 27. They sold at 104.05% of list price, essentially matching August 2025’s 104.29%. New listings also came in stronger year-over-year at 19, up 18.75% from last August.
What Buyers and Sellers Need to Know
✨ Sellers: Prices are at a three-year August high and homes are still closing above asking price. With a sales-to-list ratio of 104.05% and sales volume up sharply year-over-year, well-priced homes continue to perform strongly.
🔍 Buyers: With 51 homes available and days on market at 38, there’s a bit more room to shop than in the tightest markets nearby. Still, lean on data, not emotion, when shaping an offer.
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!
