Fairfield, CT April 2026 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 2026 to March 2026. You will see data comparisons between March and the previous month, the last three months and March 2025.
| Overview | YTD Avg. | March | February | Dec. – Feb. | Mar. 2025 |
|---|---|---|---|---|---|
| New Listings | 151 | 63 | 49 | 37 | 71 |
| Average Sales Price per Square Foot | 534 | 563 | 578 | 512 | 521 |
| Average Days on Market | 45 | 46 | 42 | 43 | 55 |
| Number of Properties for Sale | 284 | 86 | 101 | 98 | 132 |
| Average List Price | $2,121,495 | $2,195,070 | $2,036,767 | $2,105,889 | $1,492,770 |
| Median List Price | $1,330,167 | $1,312,500 | $1,299,000 | $1,342,500 | $997,000 |
| Average Sales Price | $1,475,290 | $1,509,132 | $1,576,446 | $1,425,597 | $1,283,588 |
| Median Sales Price | $1,133,167 | $1,150,000 | $1,074,500 | $1,054,833 | $1,137,500 |
| Sales Price / List Price Ratio | 104.15% | 104.7% | 103.73% | 103.61% | 102.86% |
| Number of Properties Sold | 94 | 37 | 26 | 34 | 34 |
| Month’s Supply of Inventory | 3.11 | 2.32 | 3.88 | 3.05 | 3.88 |
| Absorption Rate | 0.34 | 0.43 | 0.26 | 0.35 | 0.26 |
Average & Median Sales Price
The median sales price in March 2026 was $1,150,000, up 7.03% from $1,074,500 from the previous month and 1.10% higher than $1,137,500 from March 2025. The March 2026 median sales price was at its highest level compared to March 2025 and 2024. The average sales price in March 2026 was $1,509,132, down -4.27% from $1,576,446 from the previous month and 17.57% higher than $1,283,588 from March 2025. The March 2026 average sale price was at its highest level compared to March 2025 and 2024.
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 2026 sales price/list price ratio was 104.7%, equal to the previous month and up from 102.86% from March 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in March 2026 was 37, up 42.31% from 26 from the previous month and 8.82% higher than 34 from March 2025. The March 2026 sales were at its highest level compared to March 2025 and 2024. 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 2026 was 46 days, up 9.52% from 42 days from the previous month and -16.36% lower than 55 days from March 2025. The March 2026 DOM was at its lowest level compared with March 2025 and 2024.
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 2026 was $563, down -2.60% from $578 from the previous month and 8.06% higher than $521 from March 2025.
Inventory & MSI
The number of properties for sale in March 2026 was 86, down -14.85% from 101 from the previous month and -34.85% lower than 132 from March 2025. The March 2026 inventory was at its lowest level compared with March 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2026 MSI of 2.32 months was at its lowest level compared with March 2025 and 2024.
New Listings
The number of new listings in March 2026 was 63, up 28.57% from 49 from the previous month and -11.27% lower than 71 from March 2025. The March 2026 listings were at its lowest level compared to March 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the March 2026 Fairfield Market Update:
🏠 Prices at their highest level in three years – Average sales price held strong at $1,509,132, up 17.57% from last March’s $1,283,588. Median rose to $1,150,000, up 7.03% from February and up 1.10% year-over-year — the highest level compared to March 2025 and 2024.
⏳ Homes selling faster than any March on record – DOM came in at 46 days, down 16.36% from last March’s 55 and at its lowest level compared with March 2025 and 2024. Homes are still closing at a 104.7% sale-to-list ratio, equal to February.
📉 Inventory at a three-year low – 86 homes for sale, down 14.85% from February’s 101 and down 34.85% from last March’s 132. MSI of 2.32 months is at its lowest level compared with March 2025 and 2024.
📊 Sales surge to highest level in three years – 37 homes closed, up 42.31% from February’s 26 and up 8.82% from last March’s 34. New listings rose 28.57% to 63 from February’s 49, though still down 11.27% from last March.
What Buyers and Sellers Need to Know
✨ Sellers: With inventory at a three-year low and prices at their highest March on record, conditions are as strong as they’ve been. Well-priced homes are closing above asking at 104.7%.
🔍 Buyers: Only 86 homes are available and they’re moving in 46 days — the fastest pace for March in three years. Act decisively when the right home hits the market.
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