Connecticut Real Estate Market Weekly Insights (5-12-25)

In this week’s Connecticut Real Estate Market Weekly Insights, the Triniyah Podcast unpacks April 2025 market data from SmartMLS, focusing exclusively on single-family homes across Connecticut. The episode starts with county-level comparisons of median sale prices, with Fairfield, Hartford, and New Haven counties leading the way in price growth. Listeners will learn the key difference between median and average pricing, and how Days on Market (DOM) reflects buyer demand. The episode also explores which cities are experiencing the fastest sales and the percentage of homes selling over asking. Hosts provide a close-up on cities like Stamford, Norwalk, West Hartford, Waterbury, Meriden, and New Britain—explaining their price trajectories, affordability shifts, and investment appeal. They break down the months of supply metric, explaining its impact on both sellers and buyers, especially in low-inventory areas like Enfield and New Britain. Listeners are then brought up to speed on interest rates and what they mean for buyers, sellers, and investors right now. The episode shifts to local news, with coverage of two major development projects: Tweed New Haven Airport expansion, detailing environmental concerns and how the project could affect nearby homeowners and property values. Winchester factory redevelopment, which aims to revitalize the Newhallville and Dixwell areas with mixed-use spaces. The discussion balances projected benefits with the risks of gentrification. National housing trends round out the episode, including the latest mortgage rate updates, economic news influencing Fed policy, and why mortgage applications surged in early May. The hosts explain how strong labor markets and cautious Fed decisions are keeping mortgage rates elevated, and what this means for homebuyers and refinancers in 2025. The episode closes with a call to action for Connecticut homeowners and prospective buyers to connect with Triniyah Real Estate to discuss their next moves in this evolving market. If you’re interested in buying, selling, or renting real estate anywhere within the State of Connecticut, please visit our website to see how we can assist you!