Redding, CT October 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 September 2026. You will see data comparisons between September and the previous month, the last three months and September 2025.
| Overview | YTD Avg. | September | August | Jun. – Aug. | Sep. 2025 |
|---|---|---|---|---|---|
| New Listings | 103 | 13 | 7 | 9 | 14 |
| Average Sales Price per Square Foot | 348 | 367 | 426 | 384 | 310 |
| Average Days on Market | 103 | 82 | 45 | 37 | 84 |
| Number of Properties for Sale | 259 | 28 | 30 | 34 | 39 |
| Average List Price | $1,575,319 | $1,482,904 | $1,419,963 | $1,540,894 | $1,552,867 |
| Median List Price | $987,889 | $1,050,000 | $985,000 | $1,028,333 | $999,000 |
| Average Sales Price | $1,084,011 | $862,111 | $1,301,846 | $1,086,279 | $1,347,731 |
| Median Sales Price | $893,923 | $799,000 | $985,000 | $995,000 | $1,280,000 |
| Sales Price / List Price Ratio | 101.24% | 102.27% | 101.1% | 104.03% | 97.46% |
| Number of Properties Sold | 71 | 9 | 13 | 12 | 13 |
| Month’s Supply of Inventory | 4.63 | 3.11 | 2.31 | 3.22 | 3 |
| Absorption Rate | 0.29 | 0.32 | 0.43 | 0.37 | 0.33 |
Average & Median Sales Price
The median sales price in September 2026 was $799,000, down -18.88% from $985,000 from the previous month and -37.58% lower than $1,280,000 from September 2025. The September 2026 median sales price was at a mid level compared to September 2025 and 2024. The average sales price in September 2026 was $862,111, down -33.78% from $1,301,846 from the previous month and -36.03% lower than $1,347,731 from September 2025. The September 2026 average sale price was at a mid level compared to September 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 Jun.–Aug. period, August, September, and September 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 September 2026 sales price/list price ratio was 102.27%, up from 101.1% from the previous month and up from 97.46% from September 2025.
Note: shown as a comparison of the confirmed report values (YTD average, Jun.–Aug., August, September, September 2025) — full monthly figures were not labeled in the source report.
Number of Properties Sold & Absorption Rate
The number of properties sold in September 2026 was 9, down -30.77% from 13 from the previous month and -30.77% lower than 13 from September 2025. The September 2026 sales were at a mid level compared to September 2025 and 2024. Absorption rate is the avg 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 seller’s market. The DOM for September 2026 was 82 days, up 82.22% from 45 days from the previous month and -2.38% lower than 84 days from September 2025. The September 2026 DOM was at a mid level compared with September 2025 and 2024.
Note: the June 2026 bar label in the source chart is cut off and can’t be confirmed, so the chart below shows only the confirmed comparison points from the report (YTD average, Jun.–Aug., August, September, September 2025).
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 September 2026 was $367, down -13.85% from $426 from the previous month and 18.39% higher than $310 from September 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 September 2026 was 28, down -6.67% from 30 from the previous month and -28.21% lower than 39 from September 2025. The September 2026 inventory was at its lowest level compared with September 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2026 MSI of 3.11 months was at a mid level compared with September 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 September 2026 was 13, up 85.71% from 7 from the previous month and -7.14% lower than 14 from September 2025. The September 2026 listings were at its lowest level compared to September 2025 and 2024.
Judy Michaelis
Prefer the quick version? Here’s a snapshot of the September 2026 Redding Market Update:
🏠 Prices pulled back. The median sale price was $799,000, down 18.88% from August and 37.58% below September 2025. Price per sq ft held at $367, still up 18.39% year over year.
⏳ Homes took longer to sell. Average days on market rose to 82, up from 45 in August but just under 84 a year ago. Sellers got 102.27% of list price, up from 97.46% last September.
📉 Closings slowed. Only 9 homes sold, down 30.77% from both August and September 2025. Absorption held at 0.32, close to last year’s 0.33.
📊 Inventory is the tightest in years. Just 28 homes were for sale, down 28.21% from a year ago and the lowest September level in three years. Only 13 new listings arrived, with month’s supply at 3.11.
What Buyers and Sellers Need to Know
✨ Sellers: Homes are selling above list at 102.27%, up from 97.46% last year. With only 28 homes for sale, well-priced listings stand out.
🔍 Buyers: The median sale price is $799,000, down 37.58% from last September. Homes average 82 days on market, leaving room to negotiate.
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