RealTrends Market Report

Connecticut, CT

Single-Family Homes

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Connecticut, CT

Sat May 16 2026
This week the median list price for Connecticut, CT is $650,000 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has increased to 2,955. Click here to stay informed with the Connecticut market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Connecticut, CT

Sat May 16 2026
This week the median list price for Connecticut, CT is $650,000 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has increased to 2,955. Click here to stay informed with the Connecticut market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Connecticut market.
Median List Price $650,000
Median Price of New Listings $550,500
Per Square Foot $308
Average Days on Market 72
Median Days on Market 21
Price Decreased 21%
Price Increased 2%
Relisted 7%
Inventory 2,955
Median Rent
Market Action 57
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,195,000 4,467 1 - 2.5 acres 4 4 42 126 75 28
$849,000 2,706 1 - 2.5 acres 4 2.5 46 145 139 21
$529,900 1,930 0.5 - 1 acre 3 2 63 181 188 14
$340,000 1,344 0.25 - 0.5 acre 3 1.5 76 226 228 14