March 2025 Connecticut Real Estate Market Update: Norwalk, Milford and New Haven!

Spring is finally in the air, and with it comes a surge in the Connecticut real estate market! The snow is melting, daylight is lasting longer, and homebuyers are making moves faster than ever. With March holidays like St. Patrick’s Day and the first day of spring around the corner, now is the perfect time to jump into the market. Whether you're looking to buy, sell, or invest, here’s everything you need to know about the latest trends in Milford, Norwalk, and New Haven.

Milford Market Update 🌷🏡

Milford’s housing market is buzzing with activity! Homes are selling 38 days faster than last year, with closed sales up 17%. Buyers aren’t waiting, and neither should sellers! If you’ve been thinking of listing your home, now is the time to act.

📌 Market Snapshot:

• 64 homes currently for sale

• 56 homes already under contract

• Prices up 6% from last year

• Homes are worth more per square foot than before

With strong demand and limited inventory, sellers who price competitively will see fast results. Buyers, if you find a home you love, don’t hesitate—because someone else won’t!

Norwalk Market Update 🌸

The real estate market in Norwalk is heating up, and buyers are making big moves! If you’re wondering whether now is the time to buy or sell, let’s break down the numbers.

📌 Market Snapshot:

• 119 homes currently available

• 99 homes under contract

• Median list price: $654,354

• Home prices up 15% from last year

• Values increased by $43 per square foot

• Homes selling 36 days faster than last year

While closed sales are down 15% from last year, that’s likely due to winter conditions slowing down activity. Now that spring is here, expect demand to skyrocket! Sellers, if you’ve been waiting for the right time—this is it.

New Haven Market Update ☀️

Spring has officially sprung in New Haven, and the real estate market is in full bloom! If you’re thinking of buying or selling, here’s what you need to know.

📌 Market Snapshot:

• 188 homes on the market

• 116 homes under contract

• Median list price: $384,900

• Home values jumped 24% from last year

• Prices up $18 per square foot

• Closed sales up 9% from last year

• Homes selling 57 days faster than last year

Buyers, with home values rising, waiting could cost you more in the long run. Sellers, now is the time to take advantage of increased equity and strong demand.

Market Takeaways & What’s Next

While mortgage rates are starting to decline, property insurance costs are on the rise, making it even more important to act strategically in this market. Whether you’re buying or selling, having an experienced agent on your side is crucial.

Spring is a season of fresh starts, and Connecticut’s real estate market is bursting with opportunity! Don’t wait—reach out today to discuss your buying or selling strategy. Let’s make this spring your season for success!

📩 Have questions or ready to make a move? Contact me today! And don’t forget to like, share, and subscribe for more Connecticut real estate updates!