Avon, CT Housing Market Report by The Via Domus Team of William Raveis

Avon, CT - April, 2025 Housing Market Report:

Key Insights for Buyers and Sellers

As trusted real estate advisors in one of Connecticut’s most sought-after towns, we closely monitor the Avon market to help our clients make informed decisions. April 2025 presented a continued trend of strong home values, quick sales, and limited inventory—hallmarks of a competitive and high-performing real estate market.

Market Performance Overview

  • Median Sold Price: $533,333
    Home values in Avon rose 11.3% compared to April 2024, reflecting strong buyer demand and increased market confidence.

  • Median Listing Price: $619,900
    Sellers are entering the market with confidence, with list prices steadily increasing due to constrained inventory and upward pressure on pricing.

  • Average Home Value: $558,572
    A 6.4% year-over-year appreciation, showing consistency in Avon's long-term value as a desirable community for primary residences and relocation buyers alike.

  • Median Price per Square Foot: $214
    Price per square foot continues to climb, supported by strong local schools, amenities, and a desirable suburban lifestyle.

  • Average Days on Market: 26 days
    Homes are selling roughly two weeks faster than in early 2024, highlighting the sense of urgency among buyers in Avon.

  • Homes Sold in April: 47
    Sales volume has held steady year-over-year, despite a reduction in available homes—a testament to the strength of demand in the area.

  • Homes Sold Over Asking: 62.1%
    Over half of all homes sold in April closed above the asking price, a clear indicator of multiple-offer scenarios and competitive bidding.

Inventory & Market Conditions

  • Active Listings: 100 properties were on the market during April, a modest increase compared to earlier in the year but still below pre-pandemic averages.

  • New Listings Added in April: 7
    New inventory remains low, contributing to heightened competition among buyers and continued appreciation for well-presented, turnkey properties.

  • Inventory Supply: Approximately 2.1 months
    This remains well below a balanced market (typically 5–6 months), signaling that Avon is firmly in seller’s market territory.

Market Insights & Buyer/Seller Considerations

For Buyers:
Be prepared for quick decision-making. Pre-approval and strategic offers—often with minimal contingencies—are key in securing a home in Avon. Given the pace and competition, working with an experienced local agent is critical to staying ahead of new listings and crafting compelling offers.

For Sellers:
Now is a favorable time to list. Homes are not only selling quickly, but often above asking price, especially when priced strategically and marketed with professional photos, staging, and broad exposure. Avon’s reputation for schools, recreation, and lifestyle continues to drive value, particularly among relocating professionals and families moving out of more urban areas.

Popular Places in Avon, CT

Beyond real estate, Avon offers a high quality of life with a mix of natural beauty, shopping, and cultural institutions. Whether you’re new to town or considering a move, here are some of the most beloved local destinations:

  • Avon Village Center
    A growing mixed-use development featuring shopping, restaurants, cafés, and event space—bringing a walkable town center vibe to the heart of Avon.

  • Farmington Valley Greenway
    A paved trail perfect for walking, biking, and running, this scenic route connects Avon to neighboring towns and offers views of the Farmington River.

  • Avon Old Farms School
    An historic private preparatory school known for its collegiate-style campus and academic prestige—anchoring Avon’s reputation for excellence in education.

  • Heublein Tower at Talcott Mountain
    A short drive from town, this iconic hike rewards visitors with panoramic views of the Farmington Valley, popular with locals year-round.

  • Local Dining Favorites

    • Max a Mia: A lively and upscale Italian restaurant loved by locals.

    • Da Capo Ristorante: Known for its handcrafted pizzas and pasta.

    • The North House: A refined American dining experience with outdoor seating and event space.

  • The Avon Public Library & Arts Scene
    Avon offers excellent public programs, community events, and support for the arts. The library frequently hosts author talks, exhibits, and family events.

Ready to Make Your Move? Let’s Talk

Whether you are considering selling your home or buying in Avon, The Via Domus Team is here to guide you through every step of the process. With our award-winning service and in-depth market expertise, we will help you navigate the Avon real estate market with confidence.

Contact us today to start your journey toward buying or selling your home in Avon, CT.