FULL YEAR 2024 MARKET REPORT
EXECUTIVE SUMMARY
As we close out 2024, we are inspired by the overwhelming demand from buyers eager to settle into the vibrant markets we serve north of New York City. This year has been marked by significant market dynamics that underscore the appeal and resilience of our region's real estate.
Inventory levels across many of our markets continue to contribute to a competitive landscape for buyers, driving median prices upward by as much as 15%. While these conditions have posed challenges for buyers, sellers have undeniably benefited from heightened demand and rising home values. Throughout 2024, the supply-to-demand ratio remained exceptionally high across many price points.
The outlook for 2025 remains positive, with home sales and prices expected to grow at a more sustainable pace. Moderating mortgage rates may help create a more normalized market environment, potentially easing conditions for buyers while maintaining opportunities for sellers.
As we reflect on the year, we extend our deepest gratitude to our clients and friends for your unwavering support and trust throughout 2024. It has been our privilege to serve your real estate needs, and we look forward to continuing to assist you in the year ahead. Wishing you and your families a happy, healthy, and prosperous 2025.
With Warm Regards,
Liz Nunan President and CEO
TABLE OF CONTENTS
FOURTH QUARTER 2024
FAIRFIELD COUNTY
Single Family Homes Overview
GREENWICH
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Greenwich MLS, Residential / Single Family Homes
GREENWICH
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand
SOLD PROPERTIES
$10,000,000
Source : Greenwich MLS, Residential / Single Family Homes
STAMFORD
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
STAMFORD
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
DARIEN
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
DARIEN
FOURTH QUARTER
2024
SUPPLY/DEMAND ANALYSIS
OF DECEMBER 31, 2024
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
NEW CANAAN
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
NEW CANAAN
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
NORWALK
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
NORWALK
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
WESTPORT
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
WESTPORT
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
FAIRFIELD
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
FAIRFIELD
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
BRIDGEPORT
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
BRIDGEPORT
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
STRATFORD
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
STRATFORD
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
WILTON
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
WESTON
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
WESTON
FOURTH QUARTER
2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
EASTON
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
EASTON
FOURTH
QUARTER 2024
SUPPLY/DEMAND ANALYSIS
OF DECEMBER 31, 2024
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
TRUMBULL
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
TRUMBULL
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
Source : Smart MLS, Single Family Homes
SHELTON
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
SHELTON
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
RIDGEFIELD
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
RIDGEFIELD
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
REDDING
FOURTH QUARTER
2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
REDDING
FOURTH QUARTER
2024
SUPPLY/DEMAND ANALYSIS
OF DECEMBER 31, 2024
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
OF DECEMBER 31, 2023
MONROE
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
MONROE
FOURTH QUARTER
2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
DANBURY
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
DANBURY
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
BETHEL
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
BETHEL
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
NEWTOWN
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
NEWTOWN
FOURTH QUARTER
2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
NEW FAIRFIELD
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
NEW FAIRFIELD
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
BROOKFIELD
FOURTH QUARTER
2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
BROOKFIELD
FOURTH QUARTER
2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
$5,000,000 and up
Source : Smart MLS, Single Family Homes
SHERMAN
FOURTH QUARTER 2024
QUARTERLY MARKET OVERVIEW
TEN-YEAR MARKET HISTORY
Source : Smart MLS, Single Family Homes
SHERMAN
FOURTH QUARTER 2024
SUPPLY/DEMAND ANALYSIS
SOLD PROPERTIES
Source : Smart MLS, Single Family Homes
PUT THE POWER OF NUMBER ONE TO WORK FOR YOU. PROUDLY CLOSED
$6.8 BILLION IN SALES AND REPRESENTED 5,500+ BUYERS AND SELLERS IN 2024