Is Weston, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weston is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Weston has remained a Seller's Market.

Key Takeaway

Weston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Weston, CT

How much do homes in Weston, CT cost?

Median Sold Price

$1,308,750

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$81,250(+6.6%)

Key Takeaway

Homes in Weston have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Weston was $1,308,750 in August 2024, up 6.6% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $849.2K$615K
-27.6%
3 $738.8K$901K
+21.9%
4 $1.1M$1.1M
+0.9%
5+ $1.5M$1.6M
+3.5%

Summary: Weston housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.6%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Easton
+11.8%
Redding
+7.6%
Fairfield
+7.0%
Weston
+6.6%
Westport
+5.7%

Housing Supply in Weston, CT

How many homes are available in Weston, CT?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
5951-13.6%

Summary: The Weston real estate market had 51 homes for sale in August 2024, a 13.6% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 76
-14.3%
4 2423
-4.2%
5+ 2821
-25.0%

Summary: The Weston housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weston, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Weston in August 2024, down by 6.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.

Days on Market for Weston, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Weston, CT

Nearby Markets to Weston, CT

What housing markets are near Weston, CT?