Q3-2025
Q3-2025
EXECUTIVE SUMMARY
The real estate market in New Haven and Middlesex Counties presented a mixed picture in Q3 2025, shaped by contrasting trends in home sales, pricing, and buyer behavior. While some communities saw strong price growth and surging demand, others faced cooling momentum and shifting inventory levels, suggesting a market that is beginning to normalize after years of pandemic-fueled intensity.
Home sales were uneven across the region. In New Haven, transaction volume surged by over 40% compared to the same quarter last year, highlighting growing buyer interest and activity. However, this was not the norm across all towns. Communities like Branford, Woodbridge, and Milford experienced slight to moderate declines in sales this quarter, indicating a more measured pace and, in some cases, a response to affordability pressures or limited inventory.
Pricing trends remained positive overall, with New Haven and Woodbridge seeing particularly sharp increases in both average and median sale prices. Woodbridge recorded a nearly 29% jump in average price and a 38% increase in median price compared to Q3 2024, underscoring ongoing demand in higher-end submarkets. Even in towns where sales volume declined, such as Branford, prices remained elevated.
Buyer demand is still evident but showing signs of recalibration. In some areas such as Woodbridge, pending sales dropped. Despite this, many homes are still selling close to or above asking price, particularly in markets where listings remain tight. In New Haven, for example, the average sale-to-list ratio exceeded 105%, a clear signal of competitive bidding.
In summary, while the broader market in New Haven and Middlesex Counties remains fundamentally strong, Q3 data reflects the early signs of a balancing act. Price growth persists, but buyer activity is starting to level off in several towns. The fourth quarter will be telling, as both buyers and sellers adjust to evolving conditions and the potential for more stabilized pricing and pacing in 2026.
With Warm Regards,
Liz Nunan President and CEO
TABLE OF CONTENTS
THIRD QUARTER 2025
NEW HAVEN COUNTY
Single Family Home Overview
ANSONIA BEACON FALLS BETHANY BRANFORD
CHESHIRE DERBY EAST HAVEN GUILFORD
HAMDEN MADISON MERIDEN MIDDLEBURY MILFORD NAUGATUCK NEW HAVEN NORTH BRANFORD
TABLE OF CONTENTS
THIRD QUARTER 2025
MIDDLESEX COUNTY
Single Family Homes Overview
DEEP RIVER DURHAM EAST HADDAM
EAST HAMPTON ESSEX HADDAM
KILLINGWORTH MIDDLEFIELD MIDDLETOWN
OLD SAYBROOK PORTLAND WESTBROOK
CHESTER CLINTON CROMWELL
BRANFORD
THIRD QUARTER 2025
QUARTERLY MARKET OVERVIEW
PENDING
MARKET HISTORY
MILFORD
THIRD QUARTER 2025
QUARTERLY MARKET OVERVIEW
MARKET HISTORY
NEW HAVEN
THIRD QUARTER 2025
QUARTERLY MARKET OVERVIEW
PENDING
WOODBRIDGE
THIRD QUARTER 2025
QUARTERLY MARKET OVERVIEW
PENDING
MARKET HISTORY
ANSONIA
BEACON FALLS
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 0.0%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -80.0%
LISTINGS Q3- 2025 vs Q3- 2024 -7.7%
BETHANY
QUARTERLY MARKET OVERVIEW
CHESHIRE
Q3- 2025 vs Q3- 2024
36.5%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -23.3%
Q3- 2025 vs Q3- 2024
0.0% Source : Smart MLS, Single Family For Sale
EAST HAVEN
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 2.2%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -15.8%
LISTINGS
Q3- 2025 vs Q3- 2024 6.9%
GUILFORD
QUARTERLY MARKET OVERVIEW
HAMDEN
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 16.5%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -18.8%
LISTINGS
Q3- 2025 vs Q3- 2024 -4.9% Source : Smart MLS, Single Family For Sale
MADISON
QUARTERLY MARKET OVERVIEW
MERIDEN
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 16.4%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -30.8%
Q3- 2025 vs Q3- 2024 -16.0%
MIDDLEBURY
QUARTERLY MARKET OVERVIEW
NAUGATUCK
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 3.2%
Source : Smart MLS, Single Family For Sale
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 21.1% SOLD LISTINGS
Q3- 2025 vs Q3- 2024 2.5%
NORTH BRANFORD
QUARTERLY MARKET OVERVIEW
NORTH HAVEN
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 44.8%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -13.3%
LISTINGS
Q3- 2025 vs Q3- 2024 -21.7%
OXFORD
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 -30.8%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 0.0%
Q3- 2025 vs Q3- 2024 27.6%
PROSPECT
QUARTERLY MARKET OVERVIEW
SEYMOUR
Q3- 2025 vs Q3- 2024
3.4%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 20.0%
Q3- 2025 vs Q3- 2024 30.0%
SOUTHBURY
QUARTERLY MARKET OVERVIEW
WALLINGFORD
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 -14.0%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -27.3%
Q3- 2025 vs Q3- 2024 -6.7%
WATERBURY
QUARTERLY MARKET OVERVIEW
WEST HAVEN
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 -5.8%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -6.5%
Q3- 2025 vs Q3- 2024 -22.3%
WOLCOTT
QUARTERLY MARKET OVERVIEW
Source : Smart MLS, Single Family For Sale
OLD SAYBROOK
THIRD QUARTER 2025
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
CHESTER
QUARTERLY MARKET OVERVIEW
CLINTON
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 16.1%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 -27.3%
LISTINGS
Q3- 2025 vs Q3- 2024 -7.1% Source : Smart MLS, Single Family For Sale
CROMWELL
QUARTERLY MARKET OVERVIEW
DEEP RIVER
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 7.1%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 100.0%
Q3- 2025 vs Q3- 2024 -33.3%
DURHAM
QUARTERLY MARKET OVERVIEW
EAST HADDAM
Q3- 2025 vs Q3- 2024 33.3%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 60.0%
Q3- 2025 vs Q3- 2024 28.6%
EAST HAMPTON
QUARTERLY MARKET OVERVIEW
Q3- 2025 vs Q3- 2024 -19.4%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 100.0%
Q3- 2025 vs Q3- 2024 -13.3%
HADDAM
QUARTERLY MARKET OVERVIEW
KILLINGWORTH
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 92.9%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 50.0%
Q3- 2025 vs Q3- 2024 0.0%
MIDDLEFIELD
QUARTERLY MARKET OVERVIEW
MIDDLETOWN
ACTIVE LISTINGS
Q3- 2025 vs Q3- 2024 -13.8%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 55.6%
LISTINGS
Q3- 2025 vs Q3- 2024 9.8%
PORTLAND
QUARTERLY MARKET OVERVIEW
WESTBROOK
Q3- 2025 vs Q3- 2024 11.1%
PENDING LISTINGS
Q3- 2025 vs Q3- 2024 150.0%
LISTINGS
Q3- 2025 vs Q3- 2024 -5.0%