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March into the Fire |
| March’s numbers are in. If you’ve been watching the headlines, you might be expecting a market that’s cooling off. My experience through March and into April tells a very different story, and the numbers back it up. Here’s a link to the data: |
You can see the data here. |
| Let’s dive in. |
Still Very Much a Seller’s Market |
| The headline number for March is the average single-family sale price: $1,305,450, up 16.1% year-over-year (Page 1). Total sales volume jumped 14.9% to nearly $474 million. Price per square foot climbed 9.4% to $421. These aren’t the numbers of a market catching its breath. They’re the numbers of a market where demand continues to outpace supply, and where sellers are still firmly in the driver’s seat. The median single-family sale hit $760,000, up 1.3% from last March, and the condo market told an even stronger pricing story (Page 4): median condo sale came in at $461,000, up 19.3% year-over-year. That kind of appreciation in the condo segment is remarkable. |
The Inventory Picture |
| Here’s what really tells the story: 1.93 months of supply for single-family homes (Page 1). Anything under 3 months is considered a seller’s market. We’re not even close to balance. To put it in perspective, there are currently 890 homes under contract across the county, almost 200 more than the 702 active listings. Demand is not the problem. |
| New listings actually came in down 11.7% from last year (Page 3), so there’s less inventory coming on market. Demand is essentially flat: New Pendings were down just 0.5%, barely a rounding error. Sellers who price right are still getting offers, and buyers are still paying over asking price — 2.10% over on average for single-family homes (Page 2). |
What’s Going On? |
| The data confirms what I’m seeing every day in the field: if you own a well-priced home in Fairfield County, you are still in an excellent position to sell. The post-COVID imbalance between buyers and sellers has not resolved itself. Inventory remains stubbornly low, and buyers who want to be in this market are competing for a limited pool of homes. The buyers I’m working with aren’t sitting on the sidelines. They’re engaged, motivated, and, when the right home comes along, they’re moving quickly. That’s not a market taking a breather. |
Let’s Talk Strategy |
| Whether you’re thinking about selling, buying, or just keeping tabs on what your home is worth, I’d love to sit down and walk through what this means for your specific situation. As always, coffee’s on me — just name the place and time.
Looking forward to connecting, |
Market Report •
May 11, 2026
March 2026 Market Report
