Published September 29, 2026 in Market Update

In Westport, CT: Under $1.5M held up best. $3.65M and up fell short.

By tara chlupsa

Real estate, connectMLS market update westport

One number splits Westport, CT's market cleanly: how often a seller got their full asking price, or better. I pulled every lived-in home that sold in Westport, CT and sorted them into four price ranges by what they first asked. The numbers stop September 28, 2026. Here is how the ranges stack up, best to worst, on that one measure.

The lower the price, the more often sellers closed at or above what they asked

Under $1.5M, 70 out of every 100 sellers got their full asking price or more. That is the strongest result of any range in Westport. The typical home in that range sold for $1,230,000, and it closed at 102.9% of what the seller first asked. Buyers were not just meeting the price. They were going past it.

The $1.5M to $2.35M range came in second at 65.4%. The typical home there sold for $1,895,000, at 101.1% of its first price. Still above asking, but the edge narrows.

The $2.35M to $3.65M range dropped to 58.5%. The typical home sold for $2,700,000, at 100.9% of its first price. Sellers still got close to what they asked, but fewer of them cleared the bar.

At $3.65M and up, only 39% of sellers got their full price. The typical home sold for a middle price of $5,775,000, at 96.8% of what it first asked. That is the only range where the typical seller got less than their first number.

The surprise is not the top, it is how clean the whole market ran

Zero homes gave up in any range. For a market that spans from $1.2M to nearly $6M at the typical level, that is a clean result. It says Westport sellers who listed were pricing to sell, not testing the water.

There is a wrinkle worth knowing. Across all 326 homes that sold, 13 sellers paid money back to the buyer after the sale agreed. That is 4% of all sales. The typical amount paid back was $10,000. Four of those sellers had accepted a price at or over asking, then paid back $20,000 or more. So a sale at full price does not always mean a clean close. One home sold for $1,175,000 at or over asking, then the seller paid $25,000 back.

The other surprise is the spring shift. In September and October 2025, only 44.4% of sellers got their full asking price. By June and July 2026, that number had climbed to 62.5%. The market got tighter as the year moved forward, and buyers felt it.

What this means if you are selling or buying in Westport right now

If you are selling, the range you price into matters more than most sellers expect. A home priced under $1.5M had a 70% chance of a full-price sale. A home priced above $3.65M had a 39% chance. That 31-point gap is not about the house. It is about where buyers are competing hardest. If your home sits near a range boundary, the price you choose on day one can change your outcome. And remember the concession data: even a full-price offer can come with a $10,000 ask after inspection. Build that into your thinking.

If you are buying, the upper end of Westport gives you the most room to work with. At $3.65M and up, the typical home sold at 96.8% of its first price, and only 39% of sellers got their full ask. That does not mean sellers are desperate. It means there is a conversation to be had. One thing making that conversation harder right now: Freddie Mac's weekly rate survey put the 30-year fixed rate at 7.03% as of September 24, 2026, up from 6.30% a year ago. At these prices, most buyers are paying cash or putting down heavily, but the rate environment shapes what everyone else can do. Meanwhile, national existing-home sales fell 2.0% month over month in August 2026, with only 3.98 million homes selling at an annual pace (NAR). Westport is moving faster than that backdrop suggests.