William Pitt SIR William Pitt SIR
Brought to you by Teri Lewis

Market Tracker
June 28, 2026
Welcome to Market Tracker, an exclusive report that informs you of residential real estate sales activity and regional trends. Please contact me if you would like more information on current market trends.
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Essex, CT
Single Family, May 2026
Old Lyme, CT
Single Family, May 2026
Old Saybrook, CT
Single Family, May 2026
 
City: Essex, CT
Single Family, May 2026
Homes Sold % Change New Listings % Change Med Sold Price % Change Avg Sold Price
May 2026 4 -33.3% 17 13.3% $538,650 -35.1% $567,288
May 2025 6   15   $829,500   $884,846
Year-To-Date 2026 22 -18.5% 50 -9.1% $795,450 17.8% $944,639
Year-To-Date 2025 27   55   $675,000   $713,447
Total Homes Sold
May 2026
4

 -33.3% (6) from May 2025
Median Sold Price
May 2026
$538,650
-35.1% May, 2025

Average Sold Price
May 2026
$567,288
-35.9% May, 2025
Total Monthly Inventory
All Listing Types, May 2026
49 Total Units
 
 38 Single Family Homes
 
 6 Condos/Co-ops
 
 3 Multi-Family Homes
 
 2 Land/Lots
Average Days on Market
May 2026
12 Days
-46.5% May, 2025

Average Price per SqFt
May 2026
$332
-8.7% May, 2025
Year-to-Date Homes Sold
January - May 2026
22

 -18.5% (27) from YTD 2025
New Listings
May 2026
17

 13.3% (15) from May 2025
Percentage of Asking Price
May 2026
104%

 -0.6% from May 2025
Homes Sold by Price Range

Homes Listed by Price Range

City: Old Lyme, CT
Single Family, May 2026
Homes Sold % Change New Listings % Change Med Sold Price % Change Avg Sold Price
May 2026 10 -23.1% 18 -5.3% $674,500 -14.1% $749,300
May 2025 13   19   $785,000   $884,838
Year-To-Date 2026 29 0.0% 57 -9.5% $735,000 8.9% $765,439
Year-To-Date 2025 29   63   $675,000   $772,100
Total Homes Sold
May 2026
10

 -23.1% (13) from May 2025
Median Sold Price
May 2026
$674,500
-14.1% May, 2025

Average Sold Price
May 2026
$749,300
-15.3% May, 2025
Total Monthly Inventory
All Listing Types, May 2026
57 Total Units
 
 47 Single Family Homes
 
 3 Condos/Co-ops
 
 3 Multi-Family Homes
 
 4 Land/Lots
Average Days on Market
May 2026
26 Days
-35.7% May, 2025

Average Price per SqFt
May 2026
$462
1.9% May, 2025
Year-to-Date Homes Sold
January - May 2026
29

 0.0% (29) from YTD 2025
New Listings
May 2026
18

 -5.3% (19) from May 2025
Percentage of Asking Price
May 2026
100%

 5.2% from May 2025
Homes Sold by Price Range

Homes Listed by Price Range

City: Old Saybrook, CT
Single Family, May 2026
Homes Sold % Change New Listings % Change Med Sold Price % Change Avg Sold Price
May 2026 15 0.0% 16 -38.5% $750,000 7.3% $807,667
May 2025 15   26   $699,000   $740,883
Year-To-Date 2026 37 -15.9% 75 -16.7% $800,000 14.0% $941,703
Year-To-Date 2025 44   90   $702,000   $760,983
Total Homes Sold
May 2026
15

 0.0% (15) from May 2025
Median Sold Price
May 2026
$750,000
7.3% May, 2025

Average Sold Price
May 2026
$807,667
9.0% May, 2025
Total Monthly Inventory
All Listing Types, May 2026
66 Total Units
 
 55 Single Family Homes
 
 6 Condos/Co-ops
 
 5 Land/Lots
Average Days on Market
May 2026
18 Days
27.5% May, 2025

Average Price per SqFt
May 2026
$535
15.4% May, 2025
Year-to-Date Homes Sold
January - May 2026
37

 -15.9% (44) from YTD 2025
New Listings
May 2026
16

 -38.5% (26) from May 2025
Percentage of Asking Price
May 2026
101%

 0.2% from May 2025
Homes Sold by Price Range

Homes Listed by Price Range

Teri Lewis
Teri Lewis
Realtor
M +1 860 227 7913
tlewis@williampitt.com
https://terilewis.williampitt.com

Essex Brokerage
13 Main Street, Essex, CT 06426
www.wpsir.com
O +1 860 767 7488

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The statistics presented in Market Tracker are compiled monthly based on figures and data generated by the Multiple Listing Service. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. Property and statistical data derived from from this information is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.