Easton, CT April 2025 Real Estate Market Report: Insights & Forecast
Assembled by: Judy Michaelis, 203-247-5000
Market Trends Report
Overview
The overview below shows real estate activity from January 2025 to March 2025. You will see data comparisons between March and the previous month, the last three months and March 2024.
| Overview | YTD Avg. | March | February | Dec. – Feb. | Mar. 2024 |
|---|---|---|---|---|---|
| New Listings | 25 | 11 | 8 | 6 | 9 |
| Average Sales Price per Square Foot | 329 | 318 | 341 | 338 | 305 |
| Average Days on Market | 119 | 31 | 183 | 128 | 66 |
| Number of Properties for Sale | 31 | 10 | 12 | 10 | 22 |
| Average List Price | $1,690,393 | $1,625,790 | $1,672,500 | $1,797,088 | $1,228,655 |
| Median List Price | $1,483,667 | $1,314,500 | $1,447,500 | $1,586,833 | $977,500 |
| Average Sales Price | $997,600 | $967,800 | $940,000 | $1,232,143 | $931,250 |
| Median Sales Price | $925,000 | $810,000 | $840,000 | $1,054,000 | $1,025,000 |
| Sales Price / List Price Ratio | 101.21% | 107.04% | 98.87% | 98.19% | 100.77% |
| Number of Properties Sold | 13 | 5 | 4 | 5 | 4 |
| Month’s Supply of Inventory | 2.42 | 2 | 3 | 2.13 | 5.5 |
| Absorption Rate | 0.42 | 0.5 | 0.33 | 0.55 | 0.18 |
Average & Median Sales Price
The median sales price in March 2025 was $810,000, down -3.57% from $840,000 from the previous month and -20.98% lower than $1,025,000 from March 2024. The March 2025 median sales price was at a mid level compared to March 2024 and 2023.
The average sales price in March 2025 was $967,800, up 2.96% from $940,000 from the previous month and 3.92% higher than $931,250 from March 2024. The March 2025 average sale price was at its highest level compared to March 2024 and 2023.
Sales Price / List Price Ratio
The sales price/list price ratio is the average sale price divided by the average list price for sold properties expressed as a percentage. If it is above 100%, homes are selling for more than the list price. If it is less than 100%, homes are selling for less than the list price.
The March 2025 sales price/list price ratio was 107.04%, up from 98.87% from the previous month and up from 100.77% from March 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in March 2025 was 5, up 25.00% from 4 from the previous month and 25.00% higher than 4 from March 2024. The March 2025 sales were at a mid level compared to March 2024 and 2023.
Absorption rate is the avg number of sales per month divided by the total number of available properties.
Average Days on Market
The average days on market (DOM) is the number of days a property is on the market before it sells. An upward trend in DOM tends to indicate a move towards a buyer’s market, a downward trend tends to indicate a move towards seller’s market.
The DOM for March 2025 was 31 days, down -83.06% from 183 days from the previous month and -53.03% lower than 66 days from March 2024. The March 2025 DOM was at its lowest level compared with March 2024 and 2023.
Average Sales Price per Square Foot
The average sales price per square foot is a more normalized indicator for the direction of property value. The sales price per square foot in March 2025 was $318, down -6.74% from $341 from the previous month and 4.26% higher than $305 from March 2024.
Inventory & MSI
The number of properties for sale in March 2025 was 10, down -16.67% from 12 from the previous month and -54.55% lower than 22 from March 2024. The March 2025 inventory was at its lowest level compared with March 2024 and 2023.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2025 MSI of 2 months was at its lowest level compared with March 2024 and 2023.
New Listings
The number of new listings in March 2025 was 11, up 37.50% from 8 from the previous month and 22.22% higher than 9 from March 2024. The March 2025 listings were at its highest level compared to March 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the March 2025 Easton Market Update:
🏠 Prices mixed signals – Median sales price dropped to $810K, down 21% from last year, but average sales price rose to $968K, up 4% from March 2024.
⏰ Homes selling dramatically faster – Average days on market plummeted to just 31 days, down 83% from February's 183 days and 53% faster than last year's 66 days.
📈 Inventory at extreme lows – Only 10 homes available, down 17% from February and 55% below last year. Lowest March inventory on record.
📊 Sales volume modest – 5 homes sold, up 25% from February and matching last year despite ultra-tight supply.
What Buyers and Sellers Need to Know
✨ Sellers: Homes selling at 107% of asking price in just 31 days. The 2-month supply creates a super seller's market with bidding wars likely.
🔍 Buyers: Expect fierce competition and above-asking offers. Inventory shortage means limited choices but homes that do sell are moving lightning fast.
Want Personalized Advice?
Have thoughts or questions? Let me know what you think!
Feel free to reach out anytime—and don’t forget to like and subscribe for more updates on the Weston market!
