Bridgeport-Stamford-Danbury, CT

The current pace of transactions, as reflected by the pending ratio, suggests continued strong buyer engagement. While inventory has grown, it has not significantly alleviated inventory pressure, maintaining a competitive environment. This necessitates price discipline from sellers to align with buyer expectations.

The average listing price decreased by 7.8% year-over-year, which is a more pronounced decline than the median listing price. This divergence, coupled with a stable median price per square foot at $361, suggests some softening at the higher price tiers within the market.

1,784 active listings represent the current floor, with new supply arriving at roughly 1,000 per month.

of active listings carry a price reduction, +1.9% from prior period.

Median price per square foot has moved -0.2% year-over-year.

Pending-to-active ratio — Accelerated.