Cindy Breckheimer

Westbrook, CT

Single-Family Homes



Westbrook, CT

Tue Oct 19 2021
This week the median list price for Westbrook, CT is $649,900 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has increased to 13. Click here to stay informed with the Westbrook market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Westbrook, CT

Tue Oct 19 2021
This week the median list price for Westbrook, CT is $649,900 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has increased to 13. Click here to stay informed with the Westbrook market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Westbrook market.
Median List Price $649,900
Median Price of New Listings $525,000
Per Square Foot $302
Average Days on Market 44
Median Days on Market 21
Price Decreased 31%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent $2,350
Market Action 60
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,449,000 1,854 6,500 - 8,000 sqft 3 2 59 0 1 133
$824,999 2,797 4,500 - 6,500 sqft 3 3 14 0 0 70
$635,000 2,100 1 - 2.5 acres 3 2 71 1 1 7
$394,450 1,868 0.5 - 1 acre 3 2 53 0 2 17