Cindy Breckheimer

Westbrook, CT

Single-Family Homes



Westbrook, CT

Tue Nov 29 2022
This week the median list price for Westbrook, CT is $699,950 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has decreased to 10. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Westbrook, CT

Tue Nov 29 2022
This week the median list price for Westbrook, CT is $699,950 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has decreased to 10. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Westbrook market.
Median List Price $699,950
Median Price of New Listings $0
Per Square Foot $290
Average Days on Market 134
Median Days on Market 102
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 10
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. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,324,000 2,238 6,500 - 8,000 sqft 4 2.5 131 0 1 346
$1,025,000 4,404 1 - 2.5 acres 5 5.8 101 0 0 63
$549,900 1,946 1 - 2.5 acres 3 2.5 42 0 1 84
$299,000 1,382 0.5 - 1 acre 3 2 122 0 1 21