CT Real Estate Housing Market Report | July - August 2025




Key Insights for Buyers and Sellers

Morris continues to display a balanced-to-seller’s market. Property values remain strong, and while demand persists, sales are slowing slightly—offering both buyers and sellers space to strategize. Prepared sellers still benefit from positive pricing momentum, while savvy buyers can capitalize on emerging opportunities.

Market Performance Overview

  • The average home value stands near $540,000, reflecting a modest 1% growth over the past year.

  • July 2025 median sale price was approximately $645,000, marking a notable 19% year-over-year increase—but properties are staying on the market longer. The average days on market rose to 41 days, compared to just 17 days a year prior.

  • Only six single-family homes sold in July, highlighting Morris’s limited sales volume and selective buyer activity.

Inventory & Market Conditions

  • Active listings remain extremely tight—around 16 available homes, with 2 new listings added in July.

  • Though homes are selling at elevated prices, the cooling pace gives buyers slightly more time to make informed decisions while supply remains constrained.

Market Insights & Buyer/Seller Considerations

Buyers: Now is the time to move with both confidence and clarity. While the pace has slowed, strong financing and well-crafted offers still matter.

Sellers: Leverage Morris’s high desirability and scenic appeal—but don’t rely solely on that. Accurate pricing and polished presentation are key in today’s evolving market landscape.

Popular Places to Visit in Morris

  • Bantam Lake – Connecticut’s largest natural lake (approximately 947 acres), perfect for boating, swimming, and lakeside strolls.

  • Rural & Rolling Hills – Morris’s historic pine-dotted ridgelines and old farms offer a serene retreat.

  • Riverton Historic District – A charming village with a riverside trail, local community spirit, and timeless New England appeal.

  • One of Connecticut’s Oldest State Parks – Trails and greenery offering immersive outdoor experiences.

  • Morris Community Events – Include seasonal fairs, summer concerts, and small-town gatherings that keep community spirit alive.

What This Means for You

Buyers: You have a bit more breathing room—but don’t delay. Financing in place and readiness to act purposefully are still critical.
Sellers: Morris’s rural beauty and selective market conditions work in your favor. Focus on capturing that charm through staging, pricing, and strong listing presentation.

Bottom Line

Morris remains a market of refined appeal: average values around $540K, July median prices nearing $645K (+19% YoY), and slightly longer market times (41 days) offering buyers greater clarity. With extremely limited inventory and an alluring lifestyle backdrop—lakes, historic villages, scenic trails—Morris remains a coveted location. Sellers continue to enjoy an edge, and well-prepared buyers can still find their opportunity within this thoughtful market.

Ready to Make Your Move? Let’s Talk

Whether you are considering selling your home or buying in Morris, 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 Morris 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 Morris market, or if there is another town you would like housing market information on.