Simsbury, CT Real Estate Housing Market Report by The Via Domua Team of William Raveis

Simsbury, CT - April, 2025 Housing Market Report:

Key Insights for Buyers and Seller

The Simsbury housing market continued its upward trajectory in April 2025, marked by rising home values, swift sales, and a competitive landscape favoring sellers. This report provides a detailed overview of the current market dynamics to assist buyers, sellers, and investors in making informed decisions.

Home Prices & Values

  • Median Sold Price: $470,000, reflecting a 4.4% increase year-over-year.

  • Average Home Value: $498,708, up 5.1% over the past year.

  • Median Listing Price: $499,900.

  • Median Price per Square Foot: $223.

These figures indicate a robust appreciation in home values, underscoring Simsbury's appeal in the Connecticut housing market.

Market Activity

  • Homes Sold: 31 homes in March 2025, a slight increase from 30 in March 2024.

  • Active Listings: 64 homes, with 11 new listings in March 2025.

  • Median Days on Market: 12 days, a significant decrease from 29 days last year, indicating a faster-moving market.

The reduced time on market and consistent sales volume highlight the town's strong buyer demand and limited inventory.

Neighborhood Highlights

  • West Simsbury: Average home value of $560,302.

  • Weatogue: Average home value of $458,902.

  • Tariffville: Average home value of $335,133.

These neighborhoods continue to experience steady appreciation, reflecting their desirability within Simsbury.

Rental Market Overview

As of March 2025, the average rent in Simsbury is $2,366 per month, marking a 2.9% month-over-month decrease.

Market Outlook

Simsbury's housing market is expected to maintain its strength into the coming months, driven by sustained demand and limited inventory. Buyers should be prepared for competitive bidding, while sellers can anticipate favorable conditions for listing their properties.

Ready to explore your real estate options in Simsbury?

The Via Domus Team is committed to providing expert guidance and personalized service to help you navigate this dynamic market. Contact us today to begin your journey toward buying or selling your home in Simsbury, CT.