Fiercely Competitve February's numbers are in — here's what the data is telling us. You can see the data here. Single Family Homes (Page 1) Sales are down 18% from February 2025, but don't mistake that for weak demand. Median sale price is up 3% and homes are selling 5 days faster than this time last year — the real culprit is lack of inventory. To put it in perspective, 2026's average sale prices are already matching levels that 2024 didn't hit until May. The Market is Already Competitive. Over the past three weeks, every home I've investigated or made offers on — priced from $500k to $2M and throughout Fairfield County — went to Highest and Best with multiple offers. That said, not every home is benefiting. New listings in February were down 16%, but new pendings dropped a steeper 31%. The gap tells the story: buyers are active, but they're being selective. If your home has been listed for more than 3 weeks with no offers, it's time to reassess. In many cases, the cost to renovate and prepare a home for sale is less than the price reduction needed to move it as-is. Your agent should be helping you work through those options. Condos (Page 4) After a dramatic spike to $440,000 in January, the median condo sale price has pulled back in February. Days on Market are ticking up at a time of year when they'd normally fall — it's unclear whether this is a delayed start to the spring season or a shift in buyer preferences. Worth noting: condo transaction volume is low enough that a single outlier sale can skew the averages significantly, so I'd take those numbers with a grain of salt. Looking Ahead March should bring a sharper drop in Days on Market — I expect we'll land somewhere in the low-to-mid 20s by month's end as the Spring selling season kicks into gear.   As always, reach out with any questions — I'm happy to chat!