#Movewithmurr CT Market Pulse 12/17

Here are the stats in Litchfield Fairfield and New Haven Counties. These are numbers you can use if you are thinking about buying selling or keeping an eye on your equity.

Litchfield County

Litchfield continues to move at a steady predictable pace. Inventory remains tight and buyers are still active but selective. Homes move when they are priced correctly.

• Median sale price is sitting around $385k up roughly 7 percent year over year

• Days on market are in the mid 50 day range similar to this time last year

• Inventory remains limited and well priced homes under $500k continue to get attention

Hot take: Sellers still have leverage but presentation matters. Buyers should be ready to move quickly when the right property hits.

Local Activity: Take a winter walk at Kent Falls State Park. Quiet scenic and perfect Connecticut lifestyle content.

Fairfield County

Fairfield County remains the strongest market in the state. Demand has not gone anywhere especially for turnkey homes and coastal or commuter friendly locations.

• Median sale price is around $650k up close to 12 percent year over year

• Days on market are hovering in the low to mid 40s

• Inventory is tight and quality homes continue to move quickly

Hot take: This is still a right house right timing market. If the numbers work and the home fits your lifestyle do not overthink it.

Local Activity: Visit Sherwood Island State Park in Westport for a walk or sunset. Easy content and classic Fairfield County vibes.

New Haven County

New Haven County continues to be the most balanced of the three. It offers value and stability without the intensity of Fairfield.

• Median sale price is just under $390k slightly higher than last year

• Days on market are around 50 days a modest increase year over year

• Activity is strongest in the $300k to $450k range especially in towns like North Haven and East Haven

Hot take: Great option for buyers who want value and flexibility. Sellers still win when pricing and preparation are dialed in.

Local Activity: Catch a show at the Shubert Theatre in downtown New Haven or grab a bite nearby. Great energy and easy lifestyle content.

Mortgage Rate Snapshot

Mortgage rates are holding around 6.2 to 6.3 percent for a 30 year fixed. Not perfect but the market has adjusted. Buyers active right now are serious and focused.

#MovewithMurr Final Take

The Connecticut market rhythm remains: Consistent

Low inventory

Steady demand

Motivated buyers

Smart prepared sellers