Fairfield, CT November 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 October 2025. You will see data comparisons between October and the previous month, the last three months and October 2024.
| Overview | YTD Avg. | October | September | Jul. – Sep. | Oct. 2024 |
|---|---|---|---|---|---|
| New Listings | 692 | 66 | 90 | 70 | 55 |
| Average Sales Price per Square Foot | 497 | 489 | 511 | 494 | 418 |
| Average Days on Market | 51 | 47 | 37 | 44 | 46 |
| Number of Properties for Sale | 1353 | 117 | 152 | 147 | 158 |
| Average List Price | $1,803,314 | $2,305,272 | $1,961,517 | $1,988,489 | $1,539,610 |
| Median List Price | $1,165,375 | $1,625,000 | $1,320,000 | $1,263,333 | $899,000 |
| Average Sales Price | $1,389,373 | $1,453,745 | $1,236,967 | $1,319,224 | $969,440 |
| Median Sales Price | $1,094,150 | $1,294,500 | $875,000 | $1,100,000 | $828,000 |
| Sales Price / List Price Ratio | 102.93% | 101.65% | 102.89% | 104% | 102.82% |
| Number of Properties Sold | 481 | 56 | 44 | 55 | 41 |
| Month’s Supply of Inventory | 3 | 2.09 | 3.45 | 2.78 | 3.85 |
| Absorption Rate | 0.36 | 0.48 | 0.29 | 0.38 | 0.26 |
Average & Median Sales Price
The median sales price in October 2025 was $1,294,500, up 47.94% from $875,000 from the previous month and 56.34% higher than $828,000 from October 2024. The October 2025 median sales price was at its highest level compared to October 2024 and 2023. The average sales price in October 2025 was $1,453,745, up 17.52% from $1,236,967 from the previous month and 49.96% higher than $969,440 from October 2024. The October 2025 average sale price was at its highest level compared to October 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 October 2025 sales price/list price ratio was 101.65%, down from 102.89% from the previous month and down from 102.82% from October 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in October 2025 was 56, up 27.27% from 44 from the previous month and 36.59% higher than 41 from October 2024. The October 2025 sales were at its highest level compared to October 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 October 2025 was 47 days, up 27.03% from 37 days from the previous month and 2.17% higher than 46 days from October 2024. The October 2025 DOM was at a mid level compared with October 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 October 2025 was $489, down -4.31% from $511 from the previous month and 16.99% higher than $418 from October 2024.
Inventory & MSI
The number of properties for sale in October 2025 was 117, down -23.03% from 152 from the previous month and -25.95% lower than 158 from October 2024. The October 2025 inventory was at its lowest level compared with October 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2025 MSI of 2.09 months was at its lowest level compared with October 2024 and 2023.
New Listings
The number of new listings in October 2025 was 66, down -26.67% from 90 from the previous month and 20.0% higher than 55 from October 2024. The October 2025 listings were at its highest level compared to October 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the October 2025 Fairfield Market Update:
🏠 Home prices surging dramatically – Median sales price is $1.29M, up 47.94% from September's $875K, and up 56.34% from last year's $828K. Exceptional year-over-year appreciation.
⏳ Homes selling faster than last month – Average days on market rose to 47 days, up 27.03% from September's 37 days, but nearly flat compared to last year's 46-day pace. Market pace remains fairly quick.
📉 Inventory declining significantly – 117 homes for sale, down 23.03% from last month's 152, and down 25.95% from last year's 158. Very tight supply conditions.
📈 Sales activity accelerating – 56 homes closed in October, up 27.27% from September's 44, and up 36.59% from last year's 41. Strong transaction momentum.
What Buyers and Sellers Need to Know
✨ Sellers: Exceptional market with prices up 56% year-over-year and declining inventory (117 homes). Quick marketing time at 47 days. Strong seller's market conditions.
🔍 Buyers: Limited inventory with 117 homes available. Expect to move quickly despite dramatic price increases. Competitive environment with homes selling close to asking price.
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