CT Real Estate Housing Market Report | July - August 2025
Key Insights for Buyers and Sellers
Granby continues to lean toward a seller’s market, underpinned by consistent demand and limited inventory. While prices are up, the pace of movement is moderating slightly—buyers now have a bit more time to assess, and sellers must remain strategic in pricing and presentation.
Market Performance Overview
Average Home Value (July): Approximately $479,300, reflecting a 3.8% increase over the past year.
July Listing Snapshot: Median listing price was about $475,000, showcasing a notable 9.2% year-over-year gain
July Market Activity: Homes sold for a median price of $466,000, with an average of 17 days on the market—slightly faster than the previous year.
Inventory & Market Conditions
As of late July, active listings totaled 51, with 4 new properties entering the market—showcasing tight, but stable, supply
Median days on market of 17 reflects a modest cooling in speed compared to the spring months, giving buyers a bit more decision window while sellers can still expect offers if homes are well-positioned.
Market Insights & Buyer/Seller Considerations
Buyers: Now is the moment to act with precision. While competition remains, slightly slower turnover provides an opportunity to thoroughly assess listings. Ensure pre-approval is solid and prepare strategic offers tailored to stand out.
Sellers: The market remains favorable, but expectations have shifted. To stay ahead, focus on pricing accurately, staging effectively, and highlighting Granby’s natural charm and lifestyle advantages to attract eager, qualified buyers.
Popular Places to Visit in Granby
Salmon Brook Preserve – A scenic network of trails perfect for hiking and wildlife observation.
Tariffville Gorge & River – An idyllic spot for outdoor adventure along the Farmington River.
Historic Granby Village Center – A quaint hub of local shops and seasonal events.
Local Farms & Farmer’s Markets – Fresh produce and community spirit during summer weekends.
Seasonal Community Festivals – Including arts in the park, fall harvest celebrations, and outdoor music events.
What This Means for You
Buyers: You have a bit more breathing room and can confidently assess options—especially when backed by strong financing and thoughtful offers.
Sellers: Present your property in its best light and price thoughtfully to maintain traction. Desirable lifestyle features and professional marketing will help your listing rise above the rest.
Bottom Line
Granby’s real estate market remains solid and centered around elevated demand—but with a modest tempering in pace. Home values have climbed nearly 4%, and active listings remain low. Lifestyle appeal—from scenic trails to seasonal gatherings—continues to reinforce the town’s desirability. Sellers retain leverage, while savvy buyers still have opportunities when prepared and purposeful..
Ready to Make Your Move? Let’s Talk
Whether you are considering selling your home or buying in Granby, 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 Granby 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 Granby 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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