Market Updates Jennifer Lockwood April 13, 2026
It finally feels like we are turning the corner out of winter, but if you are watching the market closely, the typical “spring surge” has not quite arrived yet. This is very similar to what we experienced in 2025, where inventory did not meaningfully hit the market until April. Right now, we are in that in between phase. Buyers are active, watching closely, and ready to move. Sellers, however, are still holding back, waiting for better weather, greener lawns, and homes that truly show at their best.
This creates a bit of a disconnect in the market. Demand is already here, but supply has not caught up yet.
As we move into April, you will likely start to see more national headlines again pointing to a more balanced market in 2026. More listings. Slightly improved affordability. A shift toward buyers. But locally, the story continues to be very different.
In Fairfield County, supply is still the defining factor. Inventory remains tight, and the homes that are well located, properly priced, and in good condition are continuing to attract strong interest. When the right house comes on, buyers are ready, and that urgency has not changed.
Mortgage rates have been moving, but not in a way that is dramatically changing behavior. Buyers have adjusted to the current rate environment. Sellers are also part of the equation here. Many homeowners are still holding historically low mortgage rates, and that has created hesitation. For some, it simply does not make financial sense to trade a 3–4% mortgage for today’s rates, so they are choosing to stay put and wait. That rate lock-in continues to limit how many homes come to market.
If anything, the delayed start to the spring market is creating more pressure. As new inventory begins to hit in April, there will already be a backlog of buyers ready to act. And while more homes will come to market, it is still unclear that supply will catch up with demand. This has been the pattern over the last few years, with months of supply consistently hovering around 2.5 months, far below what is considered a balanced market at closer to 6 months. Until that changes, inventory will continue to drive pricing and competition.
At the same time, not all markets are behaving the same. Many of the micro markets within Fairfield County are performing slightly differently. There are towns running under 2 months of inventory, while others are closer to 3.5 months. It also varies by price point, with some segments moving much faster than others. Understanding your specific town, neighborhood, and price range is critical when determining where your home value truly sits and how to approach your next move.
The Numbers at a Glance – Early Spring Snapshot
Fairfield County’s median sale price remains around $800,000, holding strong with a +6.7% year-over-year increase. All towns are seeing gains: Fairfield $989K (+9.8%), Westport $2,250K (+1.4%), Easton $975K (+2.6%), Weston $1,390K (+1.3%), and Wilton $1,336K (+13.7%)
Price growth continues across most towns, with the strongest performance in lower inventory, high demand areas.
Inventory remains tight, with only a modest increase in new listings month over month. While some towns saw incremental gains compared to this time last year, overall supply remains limited: Fairfield 126 (-7.4%), Westport 95 (+6.7%), Easton 22 (+37.5%), Weston 32 (+6.7%), and Wilton 38 (-11.6%).
Average days on market are around 30 days across most towns, with Westport slightly higher at 48 days.
List-to-sale price ratio remains strong, holding just above 102.8%
Months of supply continues to hover between 2.3–2.5 months depending on the town, well below a balanced market. All towns remain under 3.2 months, with Fairfield (2.2 months) and Wilton (1.9 months) the lowest.
What This Means for Sellers and Buyers
For sellers, pricing and preparation are still the determining factors in how your listing is received. The first week on the market is the most important window for exposure, and that initial impression will set the tone for your entire sale. A strategic marketing plan matters. From professional photography to video, the goal is to capture attention early and create momentum when your home first hits the market.
For buyers, the message is simple: be ready. Many homes that are well located and in good condition are still going in a weekend. The delayed spring market has not slowed demand, it has just compressed it. When the right opportunity comes up, being prepared to move quickly can make all the difference.
The takeaway is the same, even as we head into spring. Inventory is still well below 2020 levels, and while more homes may come to market, it is unlikely to be enough to fully shift the balance.
This is not a market where timing the headlines works. It is a market where understanding the local dynamics, especially supply, makes all the difference.
The takeaway as we head deeper into 2026 is simple. Fairfield County has not cooled. It remains a supply constrained market that rewards precision. The homes that are priced correctly, presented well, and located in desirable neighborhoods continue to move quickly. At the same time, homes that fall just slightly short create opportunities for buyers who understand where leverage exists.
Success here is about understanding your specific town, neighborhood, price range, and timing, and building a strategy around that reality.
If you’re thinking about buying, selling, or just want to talk through your options, I’m always happy to be a resource. Feel free to reach out anytime, whether your plans are immediate or still on the horizon, I’m here to help guide you through the process with clarity and confidence.
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