March Market Snapshot & Local Buyer Activity (Connecticut)

  • Median Home Price (Statewide): ~$449,000
  • Fairfield County Median Price: ~$625,000+
  • Year-over-Year Growth: ~2%–5%+
  • Days on Market: ~17–55 days depending on area
  • % Selling Over Asking: ~48%+ in Fairfield County
  • Inventory: Still down vs. historical norms

👉 Translation: Still a seller-leaning market—but not forgiving mistakes.


🔥 What We’re Seeing Right Now (Buyer Activity)

  • Buyers are active early
    Spring demand is already showing up before peak inventory
  • Multiple offers are still happening
    Well-positioned homes are still getting 3–7% over asking
  • Tight inventory = competition
    Many homeowners are staying put → less supply → more pressure on good listings
  • Buyers are more disciplined
    Less emotional than 2021–2022… but still aggressive when it’s the right home

📉 What’s Not Working (This is where sellers lose money)

  • Overpricing → sitting → price cuts
  • Poor presentation → low traffic → weak offers
  • “Let’s test the market” → kills momentum

👉 The market is rewarding precision, not hope


💡 What This Means for You

If You’re Thinking About Selling:
You’re entering one of the strongest windows of the year—but execution matters.
The homes winning right now are:

  • Dialed-in on pricing from day one
  • Fully prepped + marketed aggressively
  • Creating urgency immediately

If You’re Buying:

  • You still need to act fast
  • You need a clear max number + monthly comfort
  • Winning = strong terms + confidence (not just price)

UNIQUE VALUE PROPOSITIONS

Stephen Mele is dedicated to providing you with exceptional service and unparalleled expertise. Reach out to Stephen today.

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