Data-Driven Insights
Connecticut Real Estate Market Data
Interactive market trends powered by MLS records. Updated monthly.
Median Sale Price
Median closed sale price, 3-month rolling average
Price Per Square Foot
Median sale price per square foot, 3-month rolling average
Median Days on Market
Median days from listing to closing, 3-month rolling average
Monthly Listing Volume
New listings entering the market each month
Price Per Bedroom
Median sale price per bedroom, 3-month rolling average
Overbidding Spread
Median gap between sale price and original list price, 3-month rolling average
Listing Failure Rate
Share of listings withdrawn, expired, or cancelled, 3-month rolling average
How It Works
Understanding the Data
Price Per Bedroom
Measures functional living value beyond square footage. A 2,000 sq ft home with 4 bedrooms delivers different value than one with 2 bedrooms at the same price per sq ft.
Overbidding Spread
The gap between asking price and sale price. Positive means homes sell above asking (strong demand). Negative means sellers are overpricing. One of the best real-time supply/demand indicators.
Listing Failure Rate
Tracks listings that were withdrawn, expired, or cancelled vs. total resolved. A rising failure rate signals overpricing or softening conditions. Low rate means a healthy market.
Data Source & Methodology
All data is sourced from SmartMLS, the multiple listing service covering Connecticut. Metrics are calculated from closed residential transactions (excluding rentals, commercial, and business sales). Data is pre-calculated monthly and may not reflect the very latest closings within the current month. Price and days-on-market charts use the monthly median rather than the mean, so a few unusually expensive or cheap sales don't distort a town's numbers, and are plotted as a 3-month rolling average to smooth out low-volume months. Listing volume is shown as raw monthly counts. All figures exclude records with missing or zero values for the relevant field.
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