Market Snapshot - September 2024
As compared to one year ago, the number of sold listings across the State of Connecticut has decreased. This trend has been exhibited in Litchfield, Fairfield, and New Haven counties. While the median list and sold prices are higher in September 2024 compared to September 2023, median list and sale prices are generally less now than they were one month and two months ago. Here is a summary of the market conditions* in the State and in Litchfield, Fairfield, and New Haven Counties for September 2024.
State of Connecticut
The number of sold listings decreased by 13.13% from September 2023 (3,245 homes sold) to September 2024 (2,819 homes sold). The median list price during this time increased by 9.56% from $365,000 to $399,900 and sold price increased by 7.89% from $380,000 to $410,000. Median days on market decreased from 31 to 25.
Litchfield County
The number of sold listings decreased by 9.13% from September 2023 (208 homes sold) to September 2024 (189 homes sold). The median list price during this time increased by 14% from $349,900 to $398,900 and sold price increased by 12.06% from $352,500 to $395,000. Median days on market decreased from 21 to 20. The following is a summary of the September 2024 market conditions for select towns in Litchfield County:
Median list price: $799,999
Median sales price: $730,000
Median days on market: 53
Median list price: $785,000
Median sales price: $785,000
Median days on market: 13
Median list price: $595,000
Median sales price: $597,000
Median days on market: 40
Median list price: $400,000
Median sales price: $409,750
Median days on market: 56
Median list price: $499,000
Median sales price: $507,000
Median days on market: 50
Median list price: $669,000
Median sales price: $665,000
Median days on market: 7
Median list price: $464,000
Median sales price: $460,000
Median days on market: 13
Median list price: $1,087,000
Median sales price: $1,070,000
Median days on market: 81
Median list price: $1,209,750
Median sales price: $1,135,000
Median days on market: 66
Median list price: $1,150,000
Median sales price: $1,150,,000
Median days on market: 44
Median list price: $350,000
Median sales price: $350,000
Median days on market: 28
Median list price: $439,900
Median sales price: $440,000
Median days on market: 15
The number of sold listings decreased by 11.07% from September 2023 (831 homes sold) to September 2024 (739 homes sold). The median list price during this time increased by 5.26% from $589,000 to $620,000 and sold price increased by 5% from $600,000 to $630,000. Median days on market decreased from 32 to 15. The following is a summary of the September 2024 market conditions for select towns in Fairfield County:
Bethel
Median list price: $489,000
Median sales price: $500,313
Median days on market: 9
Brookfield
Median list price: $527,000
Median sales price: $525,750
Median days on market: 20
Danbury
Median list price: $438,800
Median sales price: $460,000
Median days on market: 13
Newtown
Median list price: $589,900
Median sales price: $590,000
Median days on market: 8
Sherman
Median list price: $530,000
Median sales price: $545,000
Median days on market: 90
The number of sold listings decreased by 14.84% from September 2023 (701 homes sold) to September 2024 (597 homes sold). The median list price during this time increased by 7.66% from $325,000 to $349,900 and sold price increased by 8.71% from $333,000 to $362,000. Median days on market decreased from 13 to 11. The following is a summary of the September 2024 market conditions for select towns in New Haven County:
Middlebury (single-family)
Median list price: $425,000
Median sales price: $435,000
Median days on market: 12
Southbury (single-family)
Median list price: $619,900
Median sales price: $605,000
Median days on market: 19
Southbury (condo)
Median list price: $330,000
Median sales price: $320,000
Median days on market: 35
*Market conditions are for all property types unless otherwise indicated.
Note: The statistics presented in this Market Summary are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of Berkshire Hathaway HomeServices New England Properties. This data is for informational purposes only and may not be completely accurate. Data maintained by the MLS may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Please conduct your own due diligence. Information is not verified or guaranteed.
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