Fairfield, CT February 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 for January 2026. You will see data comparisons between January and the previous month, the last three months and January 2025.
| Overview | YTD Avg. | January | December | Oct. – Dec. | Jan. 2025 |
|---|---|---|---|---|---|
| New Listings | 26 | 26 | 24 | 42 | 45 |
| Average Sales Price per Square Foot | 464 | 464 | 497 | 488 | 597 |
| Average Days on Market | 48 | 48 | 41 | 43 | 64 |
| Number of Properties for Sale | 69 | 69 | 94 | 117 | 98 |
| Average List Price | $2,343,422 | $2,343,422 | $2,175,661 | $2,173,995 | $1,561,017 |
| Median List Price | $1,450,000 | $1,450,000 | $1,374,000 | $1,456,000 | $949,000 |
| Average Sales Price | $1,361,469 | $1,361,469 | $1,360,053 | $1,345,282 | $1,705,074 |
| Median Sales Price | $1,191,000 | $1,191,000 | $915,000 | $1,046,667 | $1,250,000 |
| Sales Price / List Price Ratio | 104.02% | 104.02% | 103.1% | 102.16% | 100.54% |
| Number of Properties Sold | 30 | 30 | 45 | 51 | 27 |
| Month’s Supply of Inventory | 2.3 | 2.3 | 2.09 | 2.29 | 3.63 |
| Absorption Rate | 0.43 | 0.43 | 0.48 | 0.44 | 0.28 |
Average & Median Sales Price
The median sales price in January 2026 was $1,191,000, up 30.16% from $915,000 from the previous month and -4.72% lower than $1,250,000 from January 2025. The January 2026 median sales price was at a mid level compared to January 2025 and 2024. The average sales price in January 2026 was $1,361,469, equal to the previous month and -20.15% lower than $1,705,074 from January 2025. The January 2026 average sale price was at a mid level compared to January 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 January 2026 sales price/list price ratio was 104.02%, equal to the previous month and up from 100.54% from January 2025.
Number of Properties Sold & Absorption Rate
The number of properties sold in January 2026 was 30, down -33.33% from 45 from the previous month and 11.11% higher than 27 from January 2025. The January 2026 sales were at a mid level compared to January 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 January 2026 was 48 days, up 17.07% from 41 days from the previous month and -25.00% lower than 64 days from January 2025. The January 2026 DOM was at its lowest level compared with January 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 January 2026 was $464, down -6.64% from $497 from the previous month and -22.28% lower than $597 from January 2025.
Inventory & MSI
The number of properties for sale in January 2026 was 69, down -26.60% from 94 from the previous month and -29.59% lower than 98 from January 2025. The January 2026 inventory was at its lowest level compared with January 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2026 MSI of 2.3 months was at its lowest level compared with January 2025 and 2024.
New Listings
The number of new listings in January 2026 was 26, up 8.33% from 24 from the previous month and -42.22% lower than 45 from January 2025. The January 2026 listings were at its lowest level compared to January 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the January 2026 Fairfield Market Update:
🏠 Prices showing mixed signals – Median sales price jumped to $1.19M, up 30% from December but down 5% year-over-year. Average sales price held steady at $1.36M month-over-month but down 20% from last year. Mid-level pricing compared to historical data.
⏳ Market accelerating – Average days on market dropped to 48 days, up 17% from December but down 25% from last year's 64 days. January 2026 pace at fastest level in 3 years.
📈 Inventory severely constrained – 69 homes for sale, down 27% from last month's 94, and down 30% from last year. January 2026 inventory at lowest level historically. Months supply at 2.3, also at record low.
📉 Sales volume moderating – 30 homes closed, down 33% from December's 45, but up 11% from last year's 27. Mid-level activity. New listings at 26, down 42% year-over-year to lowest level on record.
What Buyers and Sellers Need to Know
✨ Sellers: Homes selling above asking (104% ratio), extremely low 2.3-month supply, and 48-day average DOM create strong seller conditions despite year-over-year price softness.
🔍 Buyers: Market tightening despite lower YoY prices. Record-low inventory (-30% yearly) and homes trading above list price signal limited negotiating power. Price/sq ft down 22% YoY presents value opportunity.
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