Spring 2025 Real Estate in Westport: What Every Homeowner Needs to Know
As the weather starts warming up, so does the local housing market—and this year is no exception. We recently tuned into a News 12 CT interview with Christine Finch Oleynick, local real estate expert with Keller Williams Westport Weston, to get her take on what’s happening this spring. Spoiler: it's already heating up fast.
Here’s what Westport homeowners should know:
Buyers Are Back—And They’re Ready to Buy
According to Christine, this spring market is off to a very busy start. Serious buyers—many from New York City—are out in full force. They’re pre-approved, prepared, and actively looking. These buyers are largely younger and eager to move into Fairfield County.
Inventory Is Still Tight
There’s one big challenge: not enough homes to go around. Inventory is 10% lower than it was this time last year, and although new listings are starting to pop up, there’s still more demand than supply.
So what does that mean? In simple terms: if you’re thinking about selling, you’ve got leverage.
Prices Are Up—Way Up
Christine shared some eye-opening stats. Year-over-year:
Median home prices are up 18%
Average home prices are up 32%
That’s a huge jump—and it’s all thanks to the classic supply-and-demand squeeze.
Mortgage Rates? Buyers Have Adjusted
You might be wondering if higher mortgage rates are slowing things down. Good news: they’re not. Rates are hovering around 6.5%, and most buyers have accepted this as the new normal. So no, people aren't sitting on the sidelines anymore. They’re ready.
So... Why Aren’t More People Selling?
This is the big question. Christine says many homeowners just don’t have to sell, so they aren’t. Most of the folks who are selling are downsizing—either within the county or moving farther away. Still, the hope is that rising home prices will encourage more people to list this spring.
What About All These New Apartments?
If you’ve noticed a bunch of new apartment buildings popping up lately, you’re not alone. But according to Christine, they’re not affecting the single-family home market. The demand for homes is still very strong—and the more inventory, the better for everyone.
Seller Advice: Be Smart, But Stay Flexible
Christine’s advice for homeowners considering a move? Now is a great time to sell—but sellers still need to be realistic.
Yes, the market favors you. But being too rigid on price, timing, or terms can still hurt your chances. Also, if you’re planning to stay in Fairfield County, remember—you’ll be buying at these higher prices too.
That said, if you’re planning to relocate out of state or downsize significantly, this could be the perfect moment to make a move.
Final Thoughts
The Spring 2025 real estate market in Westport is shaping up to be busy, competitive, and full of opportunity—especially for sellers. If you’ve been thinking about selling or are just curious about your options, now is a great time to explore them.
Have questions about buying or selling this spring?
Reach out to our Go Local Westport real estate expert, Christine Finch Oleynick, for local insight you can trust.
📞 Call/Text: (203) 912-9712
📧 Email: [email protected]
🌐 Website: christinefincholeynick.com
She knows the market, the numbers, and the neighborhoods—and she’s here to help.
