Redding, CT January 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 2025 to December 2025. You will see data comparisons between December and the previous month, the last three months and December 2024.
| Overview | YTD Avg. | December | November | Sep. – Nov. | Dec. 2024 |
|---|---|---|---|---|---|
| New Listings | 140 | 2 | 3 | 9 | 3 |
| Average Sales Price per Square Foot | 326 | 332 | 326 | 337 | 326 |
| Average Days on Market | 71 | 66 | 65 | 70 | 57 |
| Number of Properties for Sale | 398 | 13 | 22 | 32 | 26 |
| Average List Price | $1,469,325 | $2,033,069 | $1,342,305 | $1,502,457 | $1,431,712 |
| Median List Price | $1,034,667 | $979,000 | $964,000 | $995,000 | $1,375,000 |
| Average Sales Price | $1,098,383 | $1,086,143 | $942,227 | $1,130,986 | $729,818 |
| Median Sales Price | $1,016,867 | $1,028,000 | $850,000 | $1,036,667 | $639,000 |
| Sales Price / List Price Ratio | 98.81% | 99.46% | 101.96% | 99.87% | 96.2% |
| Number of Properties Sold | 115 | 7 | 11 | 11 | 11 |
| Month’s Supply of Inventory | 3.69 | 1.86 | 2 | 2.93 | 2.36 |
| Absorption Rate | 0.31 | 0.54 | 0.5 | 0.36 | 0.42 |
Average & Median Sales Price
The median sales price in December 2025 was $1,028,000, up 20.94% from $850,000 from the previous month and 60.88% higher than $639,000 from December 2024. The December 2025 median sales price was at its highest level compared to December 2024 and 2023. The average sales price in December 2025 was $1,086,143, up 15.27% from $942,227 from the previous month and 48.82% higher than $729,818 from December 2024. The December 2025 average sale price was at a mid level compared to December 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 December 2025 sales price/list price ratio was 99.46%, down from 101.96% from the previous month and up from 96.2% from December 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in December 2025 was 7, down -36.36% from 11 from the previous month and -36.36% lower than 11 from December 2024. The December 2025 sales were at its lowest level compared to December 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 December 2025 was 66 days, up 1.54% from 65 days from the previous month and 15.79% higher than 57 days from December 2024. The December 2025 DOM was at a mid level compared with December 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 December 2025 was $332, up 1.84% from $326 from the previous month and 1.84% higher than $326 from December 2024.
Inventory & MSI
The number of properties for sale in December 2025 was 13, down -40.91% from 22 from the previous month and -50.0% lower than 26 from December 2024. The December 2025 inventory was at its lowest level compared with December 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2025 MSI of 1.86 months was at its lowest level compared with December 2024 and 2023.
New Listings
The number of new listings in December 2025 was 2, down -33.33% from 3 from the previous month and -33.33% lower than 3 from December 2024. The December 2025 listings were at its lowest level compared to December 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the December 2025 Redding Market Update:
💰 Median price surged – Median sales price is $1,028,000, up 20.94% from November and up 60.88% year-over-year. December median at 3-year high.
📅 Days on market up slightly – Average DOM at 66 days, up 1.54% from November and up 15.79% year-over-year. Mid-level compared to recent Decembers.
📉 Inventory crashed – 13 homes for sale, down 40.91% from November and down 50% year-over-year. Only 1.86 months supply—both at 3-year lows.
📊 Sales activity slowed – 7 homes closed in December, down 36.36% both from November and year-over-year. December sales at 3-year low.
What Buyers and Sellers Need to Know
✨ Sellers: Strong pricing power with median up 61% year-over-year despite slower sales pace. Ultra-tight inventory (only 13 homes available, down 50% YoY) and 1.86-month supply create scarcity-driven pricing.
🔍 Buyers: Limited options with inventory halved year-over-year and only 2 new listings in December. While sales slowed 36%, prices surged—patience needed but expect competition for the few available homes.
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