Easton, CT September 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 August 2025. You will see data comparisons between August and the previous month, the last three months and August 2024.
| Overview | YTD Avg. | August | July | May – Jul. | Aug. 2024 |
|---|---|---|---|---|---|
| New Listings | 101 | 11 | 13 | 15 | 6 |
| Average Sales Price per Square Foot | 318 | 349 | 323 | 316 | 238 |
| Average Days on Market | 70 | 49 | 49 | 42 | 98 |
| Number of Properties for Sale | 181 | 23 | 32 | 31 | 20 |
| Average List Price | $1,524,949 | $1,628,604 | $1,588,926 | $1,504,605 | $1,257,260 |
| Median List Price | $1,279,000 | $1,175,000 | $1,254,000 | $1,247,000 | $1,037,000 |
| Average Sales Price | $1,048,835 | $931,694 | $1,015,000 | $1,095,730 | $1,060,667 |
| Median Sales Price | $954,781 | $845,750 | $905,000 | $957,333 | $957,500 |
| Sales Price / List Price Ratio | 101.41% | 101.5% | 98.31% | 101.43% | 99.94% |
| Number of Properties Sold | 59 | 9 | 7 | 11 | 6 |
| Month’s Supply of Inventory | 3.42 | 2.56 | 4.57 | 3.11 | 3.33 |
| Absorption Rate | 0.34 | 0.39 | 0.22 | 0.36 | 0.3 |
Average & Median Sales Price
The median sales price in August 2025 was $845,750, down -6.55% from $905,000 from the previous month and -11.67% lower than $957,500 from August 2024. The August 2025 median sales price was at its lowest level compared to August 2024 and 2023.
The average sales price in August 2025 was $931,694, down -8.21% from $1,015,000 from the previous month and -12.16% lower than $1,060,667 from August 2024. The August 2025 average sale price was at its lowest level compared to August 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 August 2025 sales price/list price ratio was 101.5%, up from 98.31% from the previous month and up from 99.94% from August 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in August 2025 was 9, up 28.57% from 7 from the previous month and 50.0% higher than 6 from August 2024. The August 2025 sales were at a mid level compared to August 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 August 2025 was 49 days, equal to the previous month and -50.0% lower than 98 days from August 2024. The August 2025 DOM was at its lowest level compared with August 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 August 2025 was $349, up 8.05% from $323 from the previous month and 46.64% higher than $238 from August 2024.
Inventory & MSI
The number of properties for sale in August 2025 was 23, down -28.12% from 32 from the previous month and 15.00% higher than 20 from August 2024. The August 2025 inventory was at a mid level compared with August 2024 and 2023.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2025 MSI of 2.56 months was at a mid level compared with August 2024 and 2023.
New Listings
The number of new listings in August 2025 was 11, down -15.38% from 13 from the previous month and 83.33% higher than 6 from August 2024. The August 2025 listings were at a mid level compared to August 2024 and 2023.
Judy Michaelis
Prefer the quick version? Here's a snapshot of the August 2025 Easton Market Update:
🏠 Home prices under pressure with continued declines – Median sales price is $845,750. That's down 6.55% from July's $905,000 and down 11.67% from last year's $957,500, indicating ongoing market adjustment from previous highs.
⏰ Homes selling at reasonable pace – Average days on market is 49 days, unchanged from July's 49 days but significantly faster than last year's lengthy 98 days. The market has found better equilibrium for timing.
📈 Inventory drops but remains accessible – 23 homes for sale, down 28.12% from last month's 32 but up 15% from last year's constrained 20 homes. Supply levels are normalizing after the sharp monthly decline.
📊 Sales activity shows modest growth – 9 homes closed in August, up 28.57% from July's 7 closings and 50% above last year's 6 sales. Transaction volume demonstrates steady improvement despite price pressures.
What Buyers and Sellers Need to Know
✨ Sellers: Price competitively to reflect current market reality. With median prices down over 11% from last year, accurate pricing is essential to attract the 9 monthly buyers in this more price-sensitive environment.
🔍 Buyers: Market conditions favor your position with declining prices and reasonable inventory. The 49-day average marketing time gives you opportunity to be selective while sellers adjust to new pricing expectations.
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