Connecticut Real Estate Market Weekly Insights (7-14-25)

In this July 14, 2025 episode of The Triniyah Podcast, we
take a deep dive into the current state of the single-family
housing market across New Haven, Hartford, Middlesex, Fairfield,
and Litchfield Counties. June saw a total of 2,234 single-family
sales statewide, with the strongest growth in Fairfield County
and notable activity in towns like Meriden, West Hartford, and
Hamden. Median sale prices remain high across all five counties,
with Fairfield leading at $875,000. Buyer demand is still strong
but showing signs of normalization, with homes selling
quickly—especially in Hartford and New Haven Counties—and some
softening in bidding wars.


We also review several notable local development updates.
Waterbury plans to convert a former Catholic school into 80
apartments as part of a broader downtown revitalization plan. New
Britain has greenlit the next phase of Columbus Commons, adding
64 affordable units downtown. A new affordable housing proposal
called Forest Hills, consisting of 63 single-family homes, is
under review in Waterbury, aimed at working families earning
80–120% of the AMI.


On the national level, we cover shifting housing inventory
trends, which are now back to or above pre-pandemic levels in
many large metros, and a continued increase in mortgage purchase
applications. However, high interest rates are limiting
refinancing opportunities, and price cuts are becoming more
common in certain markets. National inventory growth is strongest
in the South and West, while the Northeast remains tighter. Homes
are taking longer to sell nationwide, though Connecticut’s core
markets remain active and competitive, especially in the
$300,000–$699,000 range.


The episode wraps with a reminder to reach out for a personalized
look at how these trends could affect your buying or selling
plans in Connecticut.


If you’re interested in buying, selling, or renting real estate
anywhere within the State of Connecticut, please visit our
website to see how we can assist you!