CT Real Estate Housing Market Report | July - August 2025
Key Insights for Buyers and Sellers
Farmington remains solidly in seller-market territory, with rising home values, swift sales, and continued buyer interest. While July indicated momentum, early August figures suggest a slight stabilization. Sellers still hold an advantage; buyers win when they're prepared and proactive.
Market Performance Overview
July 2025: Median sold price was approximately $540,000, with properties spending an average of 11 days on the market. Sale-to-list ratios stayed strong as demand remained high. Active listings numbered around 66, with 9 new listings added.
August 2025 (early): The average home value stands near $476,600, reflecting a 2.7% annual appreciation. Homes are going pending in about 6 days, and inventory remains lean at around 65 active listings.
These trends show that while the market remains competitive, there’s a hint of leveling emerging.
Inventory & Market Conditions
Listings remain limited—mid-summer inventory hovered between 65 to 70 homes. Though buyers are still active, heightened supply and slightly slower turnover may give them a bit more room to strategize.
Market Insights & Buyer/Seller Considerations
Buyers: A strong pre-approval and readiness to move quickly remain vital. Offers that are clean and strategically timed are most effective in this market.
Sellers: Home readiness—from thoughtful staging to accurate pricing—continues to be paramount. Pricing within market norms ensures sustained buyer interest and keeps transaction timelines short.
Popular Places to Visit in Farmington
Hill-Stead Museum & Historic District – Beautiful art collections and gardens perfect for weekend strolls.
Batterson Park / Farmington River Trails – Expansive green spaces and walking paths ideal for recreation.
Collinsville Historic Village – Picturesque Main Street lined with shops and riverside charm.
UConn Health Center & Tunxis Community College – Pillars of education, healthcare, and employment in town.
Farmington Citizen Events – Enjoy seasonal favorites such as the Farmington Foliage Festival, summer concert series, and holiday lighting celebrations.
What This Means for You
Buyers: While still competitive, the market is showing signs of easing. Remain decisive and partner with agents who know Farmington well.
Sellers: Home positioning still matters. Focus on presentation and proper pricing to capitalize on Farmington’s market strength.
Bottom Line
Farmington’s housing market holds steady—median prices near $540K, fast pending timelines, and limited inventory underscore strong demand. Early August indicators suggest a slight cooling, but selling conditions remain favorable. With its blend of scenic appeal, educational institutions, and classic New England charm, Farmington stands out as a sought-after market. Buyers who are ready can still secure results, and sellers continue to enjoy a promising window.
Ready to Make Your Move? Let’s Talk
Whether you are considering selling your home or buying in Farmington/Unionville, 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 Farmington/Unionville real estate market with confidence.
Reach out today for a complimentary seller or buyer consultation.
Helping You Find (and Sell) the Way Home.
Contact us for more market information on the Farmington/Unionville market, or if there is another town you would like housing market information on.
Email: TheViaDomusTeam@raveis.com
Phone:
Brenda: 860.965.6121
Michael: 860.416.4482
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