CT Real Estate Housing Market Report | July - August 2025




Key Insights for Buyers and Sellers

New Britain’s housing market remains highly competitive—clearly tilted toward sellers. Rising prices, rapid sales, and diminishing inventory continue to shape the market. For buyers, preparation and speed are critical. Sellers benefit from favorable conditions but must balance pricing and presentation to attract top offers.

Market Performance Overview

  • In July 2025, the median sale price was approximately $323,000, up 13.2% year-over-year. Homes sold for around 104% of list price, though the portion selling above ask has decreased slightly.

  • Sale-to-list ratio sits near 104%, and homes take about 33 days to move from listing to pending—a slowdown compared to just 22 days last year.

  • Zillow reports the average home value at $294,400, reflecting a 2.9% annual increase, with pending times around 7 days.

  • Inventory remains limited: approximately 171 active listings, including around 36 new listings added in July. 80 homes were sold—a decline from the same period last year.

Inventory & Market Conditions

New Britain continues to face tight inventory—buyers compete for feel-ready homes. While the time on market has increased, demand remains strong. The active listing pool is up slightly, offering modest opportunity for thoughtful buyers. Sellers remain in a commanding position but should still ensure their home is compellingly presented.

Market Insights & Buyer/Seller Considerations

Buyers should come armed with strong pre-approval, clear priorities, and fast decision-making strategies. Including terms like appraisal-gap support and minimal contingencies adds competitive edge.
Sellers should focus on staging, accurate pricing, and compelling listing strategies to stand out—even in bidding scenarios. Homes that embody the neighborhood’s value appeal will perform best.

Popular Places to Visit in New Britain

  • New Britain Museum of American Art – Holds the distinction of being one of the oldest unchanged museums for American art in the country.

  • Walnut Hill Park and Carousel – A beautifully landscaped park with historic carousel and family-friendly events.

  • Labyrinth at Willow Brook Park – Offers tranquil walking paths in a peaceful wooded setting.

  • Downtown New Britain Cultural Streetscape – A vibrant arts and entertainment district with murals, local theaters, and cafes.

  • Community Events – Including the 4th of July parade at Walnut Hill, seasonal concerts, and food festivals that showcase the local spirit.

What This Means for You

Buyers: Momentum remains with sellers, but prepared buyers who move swiftly and strategically can succeed. Let local expertise guide your approach.
Sellers: Leverage New Britain’s cultural and recreational assets in your listing narrative. With strategic pricing and strong staging, you remain in a position to attract premium offers.

Bottom Line

New Britain’s real estate market is strong—median sale prices are rising (up 13.2%), sale-to-list ratios exceed 100%, and pending timelines remain quick. Though listings are scarce, inventory edges up slightly, offering cautious optimism. With its museums, parks, and thriving downtown scene, New Britain remains an appealing, resilient market. Sellers continue to lead; well-prepared buyers retain a route to success.

Ready to Make Your Move? Let’s Talk

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