May 2025 Market Update
Westport • Weston • Wilton • Fairfield • Norwalk • Fairfield County
May brought a noticeable shift across Fairfield County markets. Prices remain elevated, but momentum is slowing in several towns as buyers become more selective and inventory levels climb. Some areas are feeling the first hints of a more balanced market, while others still see intense competition in certain price points.
Westport
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Median Sales Price: $2,200,000 ↑ 12.7% YoY
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New Listings: 56 (unchanged YoY)
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Closed Sales: 26 ↓ 3.7%
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Days on Market: 33 ↑ 43.5%
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Months Supply: 4.6 ↑ 27.8%
While pricing power remains strong, longer days on market and more listings suggest buyers are exercising more caution.
Weston
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Median Sales Price: $1,580,000 ↑ 5.0%
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New Listings: 31 ↑ 14.8%
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Closed Sales: 6 ↓ 50.0%
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Days on Market: 17 ↓ 66.7%
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Months Supply: 4.6 ↑ 48.4%
A small sample of closings this month shows volatility, but the underlying trend points to healthier supply and sustained buyer interest.
Wilton
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Median Sales Price: $1,251,000 ↓ 12.3%
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New Listings: 46 ↑ 39.4%
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Closed Sales: 19 ↑ 5.6%
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Days on Market: 14 ↓ 50.0%
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Months Supply: 3.2 ↑ 33.3%
Buyers are acting fast on the right listings—but broader pricing softening indicates they’re scrutinizing value more than ever.
Fairfield
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Median Sales Price: $922,500 ↑ 8.7%
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New Listings: 78 ↓ 7.1%
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Closed Sales: 52 ↑ 4.0%
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Days on Market: 26 ↑ 4.0%
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Months Supply: 2.4 ↓ 20.0%
Inventory is tightening, keeping Fairfield’s market moving briskly—especially in well-priced mid-market listings.
Norwalk
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Median Sales Price: $775,000 ↓ 8.4%
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New Listings: 92 ↑ 33.3%
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Closed Sales: 47 ↑ 2.2%
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Days on Market: 30 ↑ 87.5%
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Months Supply: 2.9 ↑ 61.1%
A notable jump in inventory paired with softening prices points to a cooler market—great for buyers ready to negotiate.
Fairfield County Overall
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Median Sales Price: $827,500 ↑ 6.5%
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New Listings: 1,015 ↑ 12.3%
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Closed Sales: 535 ↓ 1.7%
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Days on Market: 29 ↑ 3.6%
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Months Supply: 3.0 ↑ 7.1%
County-wide, prices remain resilient—but a growing supply and stable days on market suggest we’re easing away from the red-hot pace of 2021–2023.
This Month’s Market Insight: “Smart Pricing Is Back in Style”
Across the board, we’re seeing a classic mid-year transition: more listings, longer market times, and early signals that buyers are becoming price-sensitive—even in luxury markets.
While sellers still hold an advantage, especially in towns like Fairfield and Westport, that edge is narrowing. Homes that are priced thoughtfully and staged well are continuing to sell quickly. Overpriced homes, on the other hand, are starting to linger.
Sellers: Now’s the time to align strategy with market reality. Pricing aggressively high might no longer yield top-dollar results.
Buyers: More choices and slightly longer market times mean better negotiating power—especially if you're decisive and pre-approved.
Featured Listing: 5 Compo Hill Avenue, Westport
Where serenity meets luxury. Nestled in Westport’s coveted Compo Hill neighborhood, this beautifully designed 3-bedroom, 2.5-bath home offers 2,554 square feet of refined living space with panoramic Long Island Sound views.
This coastal retreat blends natural surroundings with elevated design—offering multiple terraces for al fresco dining, a sunlit interior, and a layout that invites both peaceful solitude and lively entertaining.
Wake up to the sound of waves
Soak in the sunrise and sunset from private decks
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