Ridgefield, CT December 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 November 2025. You will see data comparisons between November and the previous month, the last three months and November 2024.
| Overview | YTD Avg. | November | October | Aug. – Oct. | Nov. 2024 |
|---|---|---|---|---|---|
| New Listings | 309 | 15 | 18 | 22 | 12 |
| Average Sales Price per Square Foot | 386 | 364 | 399 | 393 | 383 |
| Average Days on Market | 46 | 45 | 45 | 41 | 49 |
| Number of Properties for Sale | 569 | 41 | 54 | 57 | 34 |
| Average List Price | $1,751,547 | $1,898,880 | $1,967,677 | $1,823,762 | $1,723,371 |
| Median List Price | $1,312,750 | $1,565,000 | $1,630,000 | $1,521,500 | $999,500 |
| Average Sales Price | $1,287,861 | $1,115,707 | $1,282,495 | $1,359,013 | $1,312,275 |
| Median Sales Price | $1,140,196 | $1,050,000 | $1,185,000 | $1,278,333 | $1,200,000 |
| Sales Price / List Price Ratio | 104.83% | 103.51% | 104.25% | 104.6% | 101.85% |
| Number of Properties Sold | 203 | 15 | 19 | 22 | 23 |
| Month’s Supply of Inventory | 3.14 | 2.73 | 2.84 | 2.73 | 1.48 |
| Absorption Rate | 0.35 | 0.37 | 0.35 | 0.39 | 0.68 |
Average & Median Sales Price
The median sales price in November 2025 was $1,050,000, down -11.39% from $1,185,000 from the previous month and -12.50% lower than $1,200,000 from November 2024. The November 2025 median sales price was at a mid level compared to November 2024 and 2023. The average sales price in November 2025 was $1,115,707, down -13.00% from $1,282,495 from the previous month and -14.98% lower than $1,312,275 from November 2024. The November 2025 average sale price was at a mid level compared to November 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 November 2025 sales price/list price ratio was 103.51%, equal to the previous month and up from 101.85% from November 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in November 2025 was 15, down -21.05% from 19 from the previous month and -34.78% lower than 23 from November 2024. The November 2025 sales were at its lowest level compared to November 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 November 2025 was 45 days, equal to the previous month and -8.16% lower than 49 days from November 2024. The November 2025 DOM was at its lowest level compared with November 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 November 2025 was $364, down -8.77% from $399 from the previous month and -4.96% lower than $383 from November 2024.
Inventory & MSI
The number of properties for sale in November 2025 was 41, down -24.07% from 54 from the previous month and 20.59% higher than 34 from November 2024. The November 2025 inventory was at a mid level compared with November 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2025 MSI of 2.73 months was at its highest level compared with November 2024 and 2023.
New Listings
The number of new listings in November 2025 was 15, down -16.67% from 18 from the previous month and 25.00% higher than 12 from November 2024. The November 2025 listings were at a mid level compared to November 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the November 2025 Ridgefield Market Update:
🏠 Prices pulling back from fall highs – Median sales price at $1.05M, down 11.39% from October's $1.19M, and down 12.50% from last year's $1.20M (mid level vs Nov 2024/2023). Average sales price at $1.12M, down 13.00% from October's $1.28M, and down 14.98% from last year's $1.31M (mid level vs Nov 2024/2023).
⏳ Homes selling faster than last year – 45 days on market, equal to October's 45 days, and down 8.16% from last year's 49-day pace (lowest level in 3 years). Strong market velocity despite seasonal timing.
📉 Inventory down significantly from last month – 41 homes for sale, down 24.07% from October's 54, but up 20.59% from last year's 34 (mid level vs Nov 2024/2023). Months supply at 2.73 months (highest in 3 years), still favoring sellers.
📉 Sales volume dropping sharply – 15 homes closed in November, down 21.05% from October's 19, and down 34.78% from last year's 23 (lowest level in 3 years). Typical seasonal slowdown with reduced transaction activity.
What Buyers and Sellers Need to Know
✨ Sellers: Homes selling above list price at 103.51%, up from 101.85% last year. DOM at 45 days—fastest pace in 3 years. Inventory down 24% from last month. Strong positioning despite price pullback from October.
🔍 Buyers: Limited inventory with MSI at 2.73 months (highest in 3 years but still seller-favorable). Prices down 11-13% from October providing opportunity. Competition remains with above-list sales.
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