New Brokerage, New Look – Same Trusted Insights I’m excited to share some personal and professional news: I’ve officially joined Century 21 AllPoints Realty! As part of this transition, you’ll notice a refreshed look and feel to my monthly market reports (click here to see the data). While the format may be new, my commitment to keeping you informed and empowered remains exactly the same. Let’s jump into what’s happening in the Connecticut and Fairfield County real estate markets as of April 2025. Fairfield vs The Rest of CT I thought it might be beneficial to show how Fairfield County compares to the rest of the state. Across Connecticut, the market remains strong, with tight inventory and steady buyer demandkeeping prices elevated. While the pace of sales is slower than peak pandemic levels, homes continue to sell quickly when priced well — a clear indication that we’re still in a seller-favored environment, though buyers are increasingly mindful of value and interest rates. Fairfield County remains one of Connecticut’s most sought-after regions, and the data reflects that: Higher Median Prices Our homes cost way more than the state average. Sales Velocity on par with the rest of the state. It’s important to note that this data source does not recognize the differences in how Fairfield County treats Days on Market. The rest of the state uses contracts to make an offer, so it’s easy to calculate DOM elsewhere: simply watch how many days it takes to mark a listing Under Contract. Our use of memoranda to make offers complicates the DOM calculation, usually by delaying the UC status by ~7 days. More Homes for Sale Its interesting that we are both the most expensive county AND we have the highest volume of sales. That’s the impact of being within commuting distance of NYC. County Focus: April vs. March Median Sale Price: Prices rose slightly again in April, pointing to strong buyer interest despite affordability concerns. Days on Market: Homes took a bit longer to sell this month than in March. While demand is still high, this may suggest early signs of a more balanced market as buyers become more price-conscious. Inventory Trends: New listings saw a seasonal bump in April, as expected for spring. Still, inventory remains tight — particularly under the $1M mark — and quality homes continue to move quickly. Buyer Behavior: Buyers are still active but more selective. Homes that are well-priced and move-in ready are getting multiple offers. Overpriced or dated listings are sitting longer than they did just a month ago. What this Means for You For Buyers: Be prepared and pre-approved — competition remains strong, especially in prime neighborhoods. Consider being flexible on finishes or location to find hidden value. For Sellers: Inventory is still low — this is your moment. Recent updates (kitchens, baths, mechanicals) can make a big difference in sale price. Pricing strategically is more important than ever as buyers become savvier. Let me know if you have any questions – I’d love to grab a coffee and chat!