Fairfield and Westport CT Real Estate Guide

Local insights on buying, selling, and living in Fairfield County

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May 2026 Fairfield & Westport CT: How’s the Real Estate Market? 🌷🏡

May 2026 Fairfield & Westport CT: How's the Real Estate Market?
May 2026 photo collage with spring flowers and optimism!

It’s May! 🌷 Here’s a summary of the Fairfield and Westport CT single-family markets in April 2026 compared to a year ago.

April 2026 Takeaways 📝

  1. Low inventory continues, making it a competitive market for buyers, and giving sellers an advantage, in general.
  2. On average, homes sold over the asking price, but this average reflects a wide variation.
  3. There were a combination of bidding wars along with listings that sat on the market, and listings that reduced prices.
  4. Buyers need to work with their agents to determine the market competition and other factors specific to the home they want to bid on to inform a strategic offer.
  5. Sellers cannot take the low inventory situation for granted and must approach the market strategically as well in order to capitalize on buyer demand along with buyer fatigue.
  6. As much as 42% of sales were cash deals.

In Fairfield, sluggish sales and increased inventory caused the housing supply to increase to 2.34 months-worth in April. These factors favored buyers, though prices were still up due to greater buyer demand than housing supply. Sellers signed contracts in an average of 34 days, though many accepted offers within a week. Other homes sat on the market and had price adjustments before securing an offer.

Homes sold for an average of 5% above the asking price. This reflected a wide range though, from 93% to 121% of the list price. Most homes sold close to full price, with 97% of homes selling at or above 95% of the list price. Cash deals accounted for 42% of the sales.

Unit sales were up in Westport, despite a 22% drop in inventory from the prior year bringing down the months of supply. The seller’s advantage continued. Days to contract averaged 50, which was an increase from the prior year.

Sale prices averaged 104% of asking. There was also a wide variation here, with a low of 93% up to as high as 122% of the price! Eighty-six percent of the sale prices were at or above 95% of the asking price. Thirty-two percent of the of the buyers in April reported using cash. A number of buyers withheld this information, so the percentage was likely higher.

Check Spring 2026 Fairfield & Westport Real Estate Market: Trends, Pricing & Winning Strategies ✅

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How’s the Real Estate Market? Fairfield & Westport CT, March 2026 🥶🏡

March 2026 Takeaways 📝

Fairfield and Westport CT single-family markets in February 2026 compared to 2025.

February sales were lack-luster compared to the same time in 2025, likely due to the frigid temperatures and ample snow in January. However, as ‘winter’ headed toward the rearview mirror, more sellers began to enter the market causing a rise in inventory. Competition among buyers remained stiff with many homes selling above the list price.

Contact your agent to help you plan for your new home this Spring! 🏡 🌱☀️

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#FairfieldCTRealEstate
#WestportCTRealEstate
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How’s the Real Estate Market? Fairfield & Westport CT, April 2026 🌱🏡

Photo collage depicting spring onset with the welcome warmth of the sun!

Welcome Spring! 🌱 Here’s a summary of the Fairfield and Westport CT single-family markets in March 2026 compared to a year ago.

March 2026 Takeaways 📝

In Fairfield, the sellers’ market continued, with just 96 single-family homes for sale and two months of supply despite a small increase in inventory from the prior year. The average time on market was a little over a month to contract. The median sale price and price per square foot was also higher than a year ago. Sales activity was up nearly 9% from March 2025, suggesting that more people are ready to get into the market and commit to their lifestyle goals.

Homes sold for an average of 4% above the asking price. This reflects a wide range though, from 83% to 124% of the asking price. Most homes sold close to full price, with just 13% of sales below 95% of the list price. Cash deals accounted for 37% of the sales.

Unit sales were also up In Westport, despite a dip in inventory from the prior year. The seller’s advantage continued here as well. Housing inventory was down 4% from the previous year with 74 houses for sale, and there were just under three months worth of supply. Days on market averaged 80, a nearly 67% increase over the prior year.

Sale prices averaged 102% of asking. There was also a wide variation here, with a low of 78% of the list price up to as much as 134% of the price! Interestingly though, 26% of the sale prices were under 95% of the asking price. So this average is made of extremes, and each sale is unique depending on the demand and perceived value for that particular property at the time it hits the market. A significant 62% of the sales in March were made with cash!


Sales Were Up

Sales activity was up in both towns compared to a year ago. Inventory was still low but appeared to be starting to trend upward. The spring market was delayed by extreme winter weather conditions this year, but more homes were beginning to arrive on the market.

The Opportunities… ✅

Rates are holding steady with the 30-year fixed conforming mortgage rate at 6.125% and the jumbo rate at 6.000% at the time this was written. William Raveis Mortgage also offers adjustable rate mortgages (ARMs) with rates in the low-five percent range.

Sellers, if you enter the market now, you still benefit from low competition.

Concerned about coordinating a purchase with your home sale?

  • If you are looking to buy and worry about coordinating your sale with finding your new home, you can protect yourself in the transition when you list your house “subject to finding suitable housing”. This means you are under no obligation to sell your house until you have found the new home.
  • Another option is to sell your house and rent it back until you’re ready to move. This puts cash in your pocket and positions you as a strong buyer.
  • You can also request a long closing to give you time to find and close on your new home.
  • You can opt for a short term bridge loan for your purchase that you pay back when you sell your house.

Talk to your agent and mortgage broker about a strategy that works best for you. Putting your house on the market enables you to be a competitive buyer while expanding the housing choices for everyone out there shopping for a home!

Buyers, depending on the competition for the home you are bidding on, you may face multiple offers or you could have leverage to negotiate. Remember to have your budget set, down payment saved, and credit score in good order. Avoid taking out other loans or financing other large purchases before and during a mortgage application process! If you see something you like, be prepared to have your agent submit a complete and competitive offer including your pre-approval or proof of funds. If you need to sell your house first, talk to your agent as soon as possible to determine your strategy.

Contact your agent to help you plan for your new home this year! 🏡 🌱☀️

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William Raveis Local Housing Data

#MarketReport
#RealEstateMarket
#FairfieldCTRealEstate
#WestportCTRealEstate
#HomeBuyers
#HomeSellers
#LuxuryLifestyle
#LuxuryRealEstate
#WilliamRaveisRealEstate
#WilliamRaveis
#RaveisSouthport
#DreamHome
#HomeSweetHome
#MyHomeIsMyCastle

#RealEstateMarket

#HousingPredictions

#MortgageRates


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How’s the Real Estate Market? Fairfield & Westport CT, February 2026 ❄️🏡

Romantic photo collage depicting a warm, cozy, and aspirational lifestyle for the months to come!

Happy February! Here’s a summary of where we are in the Fairfield and Westport CT single-family markets in January 2026 compared to a year ago.

January 2026 Takeaways 😉

In Fairfield, the market still favored sellers due to very low inventory with just 85 houses for sale and less than two months of supply. The average time on market was 30 days to contract. Ninety-three percent of the homes sold for at least 95% of asking, and sale prices averaged 101% of the list price showing sustained buyer demand.

In Westport, the seller’s advantage also continued, though increased inventory and market time hinted at a potentially more balanced market to come. Housing inventory was up 32% from the previous year, and the months of supply was more than 34% higher than in January of 2025. Days on market averaged 34, a nearly 80% increase over the prior year. Sale prices averaged 102% of asking. Eighty-seven percent of homes sold for an average of 95% or more of the asking price.


Sales Were Up

January 2026 sales were up 15% from January 2025. This is in response to the drop in interest rates from the seven percent range to the low-mid six percent range, coupled with pent up buyer demand, and a bit more choice coming to the market.

The Opportunities… ✅

Rates are down with the 30-year fixed conforming mortgage rate at 6% and the jumbo rate at 5.875% at the time this was written. William Raveis Mortgage also offers adjustable rate mortgages (ARMs) with rates in the low-five percent range.

Chief economist for the National Association of Realtors, Lawrence Yun, emphasizes that the current interest rates are the lowest in three years. This means mortgage affordability is up!

Sellers entering the market now still benefit from low competition. The spring market begins to escalate after the Super Bowl!

If you are looking to buy and worry about coordinating your sale with finding your new home, you can protect yourself in the transition when you list your house “subject to finding suitable housing”. This means you are under no obligation to sell your house until you have found the new home.

Another option is to sell your house and rent it back until you’re ready to move. This puts cash in your pocket and positions you as a strong buyer.

You can also request a long closing to give you time to find and close on your new home. Additionally, it’s possible to buy before your sell with a bridge loan. Talk to your agent about a strategy that works best for you. Putting your house on the market enables you to be a competitive buyer while expanding the housing choices for everyone out there shopping for a home!

Buyers, depending on the competition for the home you are bidding on, you may face multiple offers or you could have leverage to negotiate. Remember to have your budget set, down payment saved, and credit score in good order. Avoid taking out other loans or financing other large purchases when preparing to finance a home! If you see something you like, be prepared to have your agent submit a complete and competitive offer including your pre-approval or proof of funds. If you need to sell your house first, talk to your agent as soon as possible to determine your strategy.

Contact your agent to help you plan for your new home this year! 🏡 💫

More Action Items

← Back

Thank you for your response. ✨

William Raveis Local Housing Data

#MarketReport
#RealEstateMarket
#FairfieldCTRealEstate
#WestportCTRealEstate
#HomeBuyers
#HomeSellers
#LuxuryLifestyle
#LuxuryRealEstate
#WilliamRaveisRealEstate
#WilliamRaveis
#RaveisSouthport
#DreamHome
#HomeSweetHome
#MyHomeIsMyCastle

#RealEstateMarket

#HousingPredictions

#MortgageRates