1708 viewsAs we look toward the future, the Southern Fairfield County real estate market continues to evolve. In continuation of our Agent Forecast series, we’ve polled some of the top BHS agents from our Connecticut offices to gather their predictions on what the Fairfield County market will look like in 2025. From shifting trends to emerging opportunities, these industry insiders are sharing their expertise on what buyers, sellers, and investors can expect in the year ahead. Read on to discover what’s in store for the 2025 real estate market!
The Nancy Dauk Team
“We are anticipating the excitement and fullness of the spring market. There has been incredible data being released to the public by mainstream news sources such as Marketing Watch and Business Insider, that notify buyers… “NOW is the time to buy! Prices will NOT drop!” And we are utilizing those supports to show clients that while the rates are still high, the Fairfield County list prices remained steady and if anything in spring, up at least 3-5%. We also anticipate clients who have waited to list in fall due to rates and election, to be ready for listing and a boost in inventory early spring.” - The Nancy Dauk Team
Mary Higgins
"My prediction for the 2025 real estate market in New Canaan is very positive but challenging.
Demand remains extremely high, but inventory is historically low. Prices rose in 2024, and I predict that to be the same in 2025.
With accurately priced properties the story remains the same, and keeps replaying, with huge attendance at public open houses, multiple bids and closings considerably above the listing price.
New Canaan continues to attract young families moving out from the city and our surrounding towns, because of our award-winning schools and sports programs, charming and vibrant town center, love of the arts, extraordinary community involvement, beauty of the natural topography, low taxes, and the quiet and chic sophistication of its residents who are proud to call New Canaan home. After all, we are known as the "Next Station to Heaven." - Mary Higgins
Rob Johnson
"2025 for the Greenwich market looks very different depending on your vantage point. Our inventory levels have continued to be historically very low which has kept prices higher. I see this situation to continue in 2025 - positive news for sellers, unless they wish to keep a footprint in the area which then makes it trickier. New entrants to the market from the buy side will continue to be frustrated by the selection, and in the more popular submarkets will have to be prepared to be competitive. Interest rates are more friendly which will perhaps alleviate some sellers' reticence to swap one rate for another when upgrading / downsizing.
I see continued new interest from our core feeder market of NYC while social issues / crime remain concerns for some of those residents. I also see an uptick in demand this year on the luxury side (above $10m) from wealthy out of State residents, looking to relocate families and or businesses to suburbs with easy access to NYC with quality schools and services of Fairfield County." - Robert Johnson
Bettina Hegel
"The Southern Fairfield County's real estate market in 2025 is shaping up to be vibrant and competitive. With its unique blend of proximity to NYC and the charm of suburban living, the area continues to attract strong buyer interest. However, inventory is expected to remain tight, leading to continued multiple bidding situations and steady price appreciation. A welcomed decline in interest rates is likely to improve affordability, encouraging even more buyers to enter the market. Building on the 4% year-over-year increase in median home sales prices seen in 2024, the region is well-positioned for another strong year of growth and opportunity." - Bettina Hegel