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AUGUST MARKET REPORT

AUGUST MARKET REPORT

  • The Riverside Realty Group
  • 09/12/25

As we move into fall, the August housing data shows a mix of rising prices, shifting inventory, and steady demand across Fairfield County. Here’s how our key towns performed:

All data pulled from SmartMLS on September 8, 2025

Fairfield

  • Median Sale Price: $1,330,000 (+18.2% YOY)

  • Closed Sales: +10%

  • New Listings: down 20%

  • Condo Market: Median condo price rose nearly 30% to $600,000; average condo sales price nearly doubled year-over-year.

Takeaway: Fairfield continues to see strong buyer demand despite limited inventory, pushing prices higher across both single-family and condo markets.

Weston

  • Median Sale Price: $1,232,500 (−13.6% YOY, though year-to-date is slightly up)

  • Closed Sales: down 12.5% in August, but steady year-to-date

  • New Listings: dropped 61.5%

  • Inventory: 33 homes, 2.9 months’ supply

Takeaway: Weston’s slowdown in new listings is worth watching, but overall pricing is stable year-to-date, suggesting selective buyer activity rather than a major downturn.

Wilton

  • Median Sale Price: $1,410,000 (+16% YOY)

  • Closed Sales: down 18.5%

  • Inventory: down 32.5% (27 homes available, 1.5 months’ supply)

  • Condos: Median price more than doubled to $1.325M (limited sample size)

Takeaway: Wilton’s supply squeeze is supporting higher pricing, especially in the single-family market, even as fewer deals are closing.

Westport

  • Median Sale Price: $2,595,500 (+11.5% YOY)

  • Closed Sales: down 15.8%

  • Days on Market: dropped sharply to 36 (from 58 last year)

  • Inventory: up slightly to 86 homes (3.4 months’ supply)

  • Condos: Smaller market, but sellers captured stronger list-to-sale ratios (98.9%)

Takeaway: Luxury demand remains strong in Westport, with higher prices and faster sales signaling confidence among both buyers and sellers.

What This Means for Buyers & Sellers

  • Sellers: Low inventory continues to work in your favor, especially if you’re in Fairfield or Wilton. Proper pricing remains key in Weston.

  • Buyers: Expect competition at the top end, but expanding Westport inventory could mean new opportunities this fall.

Featured Property Spotlight

66 Valley View Court, Norwalk – Cranbury Neighborhood
Offered at $689,000

Welcome to 66 Valley View Court, a well-maintained 4-bedroom, 2-bath raised ranch nestled on a quiet cul-de-sac in Norwalk’s highly desirable Cranbury neighborhood.

Property Highlights

  • Beds/Baths: 4 Bedrooms | 2 Full Baths

  • Square Feet: 1,946 SF

  • Lot Size: 0.16 Acres

  • Style: Raised Ranch

  • Days on Market: 7

Lifestyle & Features

The home offers a flexible layout designed for everyday living. The main level features hardwood floors throughout, with sun-filled living and dining areas that flow into an updated kitchen complete with stainless steel appliances and marble countertops. A bright sunroom off the kitchen provides the perfect space for a home office, playroom, or quiet morning coffee with views of the private backyard.

Step outside to a bluestone patio, ideal for outdoor entertaining and relaxing evenings. Three bedrooms and a full bath complete the upper level.

The finished lower level includes a spacious family room, a fourth bedroom or office, a second full bath, laundry area, and interior access to the attached one-car garage.

Additional Features

  • Updated central air

  • Attached 1-car garage

  • Convenient to Merritt Parkway, Metro North, shopping, and the brand-new Cranbury Elementary School

This is an exceptional opportunity to own a versatile and move-in-ready home in one of Norwalk’s most sought-after neighborhoods.

Interested in learning more? Contact the Haberstroh Manning Homes Team at The Riverside Realty Group today to schedule a private showing of 66 Valley View Court.

Final Thoughts

Fairfield County real estate remains dynamic as we close out summer 2025. If you’re considering making a move, now is the time to strategize — whether to list into a competitive market or secure a property before inventory shifts again.

Want a personalized market report for your neighborhood? Contact us today to see what your home is worth and explore your options.

 

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