Connecticut Real Estate Market Weekly Insights (4-21-25)

In this week’s episode of Connecticut Real Estate Market
Weekly Insights, we dive deep into multifamily property
trends in Hartford and New Haven counties. We break down average
sale prices, days on market, price per square foot, and
sale-to-list ratios for 2-, 3-, and 4-family homes, offering
practical insights for both investors and owner-occupants.


We also explore a proposed 10-lot residential subdivision on Bee
Street in Meriden that could bring much-needed inventory and
affordability to the area. From there, we shift to a broader
statewide issue—Governor Ned Lamont’s push to ease zoning
restrictions and accelerate housing development, as Connecticut
struggles to meet growing demand.


We then spotlight serious concerns in a New Haven apartment
building, where tenants have been living in hazardous conditions,
highlighting broader issues around housing quality and landlord
accountability in the state.


Nationally, we cover Realtor.com’s 2025 Seller Survey, revealing
growing optimism among homeowners considering selling, as well as
the NAHB’s report on declining builder confidence and Redfin’s
data showing that the rent vs. buy gap has reached a two-decade
high—making renting more financially appealing for many
Americans.


Whether you’re a buyer, seller, or investor in Connecticut, this
episode is packed with the insights you need to navigate the
current housing market. If you're planning to sell in the next
6–12 months or just want to understand how these trends impact
your next move, give us a call at (203) 200-0933 or visit
Triniyah.com.


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!