Redding, CT July 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 June 2026. You will see data comparisons between June and the previous month, the last three months and June 2025.
| Overview | YTD Avg. | June | May | Mar. – May. | Jun. 2025 |
|---|---|---|---|---|---|
| New Listings | 74 | 11 | 28 | 17 | 16 |
| Average Sales Price per Square Foot | 332 | 378 | 287 | 285 | 361 |
| Average Days on Market | 128 | 29 | 68 | 169 | 31 |
| Number of Properties for Sale | 157 | 29 | 44 | 32 | 51 |
| Average List Price | $1,658,786 | $1,820,652 | $1,445,450 | $1,517,673 | $1,467,016 |
| Median List Price | $993,417 | $1,199,000 | $943,500 | $958,500 | $999,000 |
| Average Sales Price | $1,077,109 | $827,500 | $892,714 | $1,272,571 | $952,000 |
| Median Sales Price | $843,551 | $800,000 | $740,000 | $876,667 | $975,000 |
| Sales Price / List Price Ratio | 100.33% | 105.14% | 106.63% | 99.96% | 106.31% |
| Number of Properties Sold | 32 | 7 | 7 | 4 | 12 |
| Month’s Supply of Inventory | 5.49 | 4.14 | 6.29 | 7.76 | 4.25 |
| Absorption Rate | 0.23 | 0.24 | 0.16 | 0.14 | 0.24 |
Average & Median Sales Price
The median sales price in June 2026 was $800,000, up 8.11% from $740,000 from the previous month and -17.95% lower than $975,000 from June 2025. The June 2026 median sales price was at its lowest level compared to June 2025 and 2024. The average sales price in June 2026 was $827,500, down -7.31% from $892,714 from the previous month and -13.08% lower than $952,000 from June 2025. The June 2026 average sale price was at its lowest level compared to June 2025 and 2024.
Note: the source report’s monthly trend line isn’t accompanied by per-point labels, so the chart below shows only the confirmed comparison points from the report (YTD average, the Mar.–May. period, May, June, and June 2025) rather than a fabricated 36-month series.
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 June 2026 sales price/list price ratio was 105.14%, down from 106.63% from the previous month and down from 106.31% from June 2025.
Note: shown as a comparison of the confirmed report values (YTD average, Mar.–May., May, June, June 2025) — full monthly figures were not labeled in the source report.
Number of Properties Sold & Absorption Rate
The number of properties sold in June 2026 was 7, equal to the previous month and -41.67% lower than 12 from June 2025. The June 2026 sales were at its lowest level compared to June 2025 and 2024. Absorption rate is the average number of sales per month divided by the total number of available properties.
Absorption rate monthly values weren’t labeled in the source chart — only the comparison points below are confirmed.
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 a seller’s market. The DOM for June 2026 was 29 days, down -57.35% from 68 days from the previous month and -6.45% lower than 31 days from June 2025. The June 2026 DOM was at its lowest level compared with June 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 June 2026 was $378, up 31.71% from $287 from the previous month and 4.71% higher than $361 from June 2025.
Note: shown as a comparison of the confirmed report values — full monthly figures were not labeled in the source chart.
Inventory & MSI
The number of properties for sale in June 2026 was 29, down -34.09% from 44 from the previous month and -43.14% lower than 51 from June 2025. The June 2026 inventory was at its lowest level compared with June 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2026 MSI of 4.14 months was at its lowest level compared with June 2025 and 2024.
MSI monthly values weren’t labeled in the source chart — only the comparison points below are confirmed.
New Listings
The number of new listings in June 2026 was 11, down -60.71% from 28 from the previous month and -31.25% lower than 16 from June 2025. The June 2026 listings were at its lowest level compared to June 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the June 2026 Redding Market Update:
🏠 Prices pulled back from last June — Median sales price came in at $800,000, down 17.95% from June 2025’s $975,000, even with an 8.11% bump from May’s $740,000. Average sales price landed at $827,500, also its softest June showing in three years.
⏳ Homes are moving much faster than last month — Average days on market dropped to 29, down over 57% from May’s 68 and slightly quicker than June 2025’s 31.
📉 Inventory hit a three-year June low — Only 29 homes for sale, down 43.14% from June 2025’s 51. With a Month’s Supply of 4.14, there’s still more room here than in the tighter Fairfield County towns.
📊 Fewer homes changed hands — Just 7 closed in June, matching May and down from 12 in June 2025. Still, they sold at 105.14% of list price, showing sellers who price right are still finding buyers.
What Buyers and Sellers Need to Know
✨ Sellers: Inventory is at its lowest June level in three years, and homes are still closing above asking at 105.14% of list price. With 4.14 months of supply, pricing strategy matters more here than in tighter neighboring markets — but well-positioned homes are moving.
🔍 Buyers: With only 29 homes available and prices down from last June, there may be room to negotiate. New listings dropped sharply to 11 this month — be ready to move when the right home appears, and lean on data, not emotion, when shaping an offer.
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