National headlines might tell one story, but Fairfield County's real estate market is writing its own. I’ll share the latest numbers to explain why.
The first half of 2025, the real estate market in Fairfield County, Connecticut, has been anything but stagnant. Whether you’re considering buying, selling, or simply keeping an eye on our local real estate market trends, understanding what’s driving the market can give you a serious edge.
Here’s the big picture: This year has brought steady buyer demand paired with shifting dynamics. The data in our area tells an interesting story, one that doesn’t always align with national headlines.
Sales price. The median sales price in Fairfield County has increased by 10% compared to the first half of 2024. That's a very healthy rise and contrasts sharply with what you've been hearing on the national news. While other regions may be experiencing downturns, our market remains stable and continues to appreciate.
Inventory levels. Our inventory has seen a slight increase, with approximately 6% more listings than at this time last year. This means buyers have a little more breathing room compared to the previous spring, though we still wouldn't consider this a buyer's market.
Don’t let headlines scare you. Well-priced, move-in ready homes are still flying off the market.
Days on market. The average number of days on market has dropped from 36 days in early 2024 to an average of 32 days now. The market is still moving quickly, but only if a home is well-priced.
What are my on-the-ground observations? Buyer activity remains strong in many towns, such as Darien, New Canaan, and Westport, but the buyer mindset has shifted. Homebuyers are no longer rushing to purchase homes; instead, they're thoughtful, value-oriented, price-sensitive, and deliberate. They're taking their time, scrutinizing every detail before making offers.
That's why strategic pricing is more critical than ever. Homes that hit the sweet spot between condition and cost are attracting more buyers and receiving multiple offers.
What does this mean for home sellers? You still have leverage, especially if your home is move-in ready and priced appropriately. Buyers are watching closely, and high-quality listings are still selling quickly.
What does this mean for homebuyers? This season is a better moment to buy than last spring. With slightly more inventory and a modest slowdown in summer sales, you may find yourself with a bit more time to think things through. For some, that extra time is exactly what they’ve needed to feel confident moving forward.
As we head into the second half of 2025, I'll be monitoring market trends, including mortgage rates, as they continue to be a major factor in how quickly buyers are willing to act and what price points feel comfortable.
If you’re wondering how these trends apply to your specific situation, your town, your neighborhood, or your real estate goals, let’s talk. Contact me at (203) 722-5445 or [email protected]. I’d love to walk you through it and help you make a smart plan for what’s next.
