Fairfield County Real Estate Market Update – March 2026
Fairfield County | Westport, Weston, Fairfield, Wilton
Data Source: SmartMLS
Statistics reflect year to date data through March 31, 2026.
Data pulled April 8, 2026.
As we move into the spring market, March activity across Fairfield County reflected a familiar theme: tight inventory, steady buyer demand, and continued price resilience—despite some variability at the town level.
Market Overview
Inventory remains the defining story. Across all four towns, available homes declined year-over-year, with some areas experiencing inventory drops of over 30–40%, continuing to create a competitive environment for well-priced properties.
At the same time, pending and closed sales increased in several markets, signaling that buyers are still active and ready to transact when the right opportunity presents itself.
Westport
Westport’s market showed strong activity despite fewer new listings.
- Closed sales increased 23.5% year-over-year, and are up over 16% year-to-date
- Pending sales also rose, indicating continued momentum heading into spring
- Inventory dropped over 23%, keeping supply tight
- Median price declined year-over-year, but average price increased nearly 10%, suggesting strength at the higher end of the market
Homes are taking longer to sell, but well-positioned properties continue to attract strong interest.
Weston
Weston experienced a more uneven month, largely driven by lower transaction volume.
- New listings declined over 40%, significantly limiting buyer options
- Closed sales dropped 33%, and are down 50% year-to-date
- Days on market more than doubled, reflecting a slower pace
- Median and average prices showed notable declines, though this is likely influenced by smaller sample size and price point mix
Despite these fluctuations, inventory remains extremely tight, which should support pricing stability as more spring listings come to market.
Fairfield
Fairfield delivered one of the more balanced performances in March.
- Closed sales increased over 20% year-over-year
- Median price rose 5.5%, with average price up significantly as well
- Inventory declined 17%, continuing the low-supply trend
- Homes are still selling above list price on average (103.9%)
The condo market showed increased activity, with faster sales and rising demand, although pricing softened slightly due to product mix.
Wilton
Wilton saw a mix of strong demand and limited supply.
- Closed sales surged 150% year-over-year, with year-to-date gains as well
- Inventory dropped nearly 40%, keeping pressure on buyers
- List-to-sale price ratio jumped to 111.4%, highlighting competitive bidding
- Median price declined for the month but is up over 11% year-to-date
While homes are taking longer to sell, buyer competition remains strong for desirable properties.
What This Means
The spring market is shaping up to be highly competitive, but nuanced:
- Sellers continue to benefit from low inventory and strong buyer demand, particularly for turnkey homes in prime locations
- Buyers should be prepared for competition, especially in move-in ready and well-priced segments
- Pricing trends vary by town and price point, reinforcing the importance of strategic positioning and local expertise
Looking Ahead
As we move deeper into April and May, we expect:
- An increase in new listings, though still below historical norms
- Continued competition for quality homes
- A clearer picture of pricing trends as more inventory comes online
In this market, timing, pricing, and presentation remain critical—and local insight matters more than ever.
