Cindy Breckheimer

Westbrook, CT

Single-Family Homes



Westbrook, CT

Wed Jul 06 2022
This week the median list price for Westbrook, CT is $674,500 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has increased to 18. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Westbrook, CT

Wed Jul 06 2022
This week the median list price for Westbrook, CT is $674,500 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has increased to 18. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Westbrook market.
Median List Price $674,500
Median Price of New Listings $900,000
Per Square Foot $332
Average Days on Market 67
Median Days on Market 25
Price Decreased 44%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent
Market Action 50
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,474,000 2,487 6,500 - 8,000 sqft 4 2.8 90 1 0 59
$937,250 1,739 1 - 2.5 acres 3 2.3 67 0 1 24
$600,000 3,081 1 - 2.5 acres 4 2.5 33 1 2 7
$423,000 1,317 1 - 2.5 acres 3 2 67 0 0 35