Bridgeport-Stamford-Danbury, CT

The high pending ratio suggests that properties are being absorbed at a rapid pace, placing pressure on inventory levels and limiting buyer options. While active listings have increased, the overall supply remains insufficient to meet demand, leading to sustained price discipline for properties entering the market. The relatively quick median days on market further underscores the swift transaction pace.

The luxury segment in the market shows some divergent signals, with the average listing price down 0.7% year-over-year, despite a slight increase in median $/sqft. The notable spread between the median listing price of $795,000 and the average listing price of $1,757,977 suggests potential softness at the higher price tiers relative to the broader market trend.

1,560 active listings represent the current floor, with new supply arriving at roughly 784 per month.

of active listings carry a price reduction, +1.2% from prior period.

Median price per square foot has moved +1.3% year-over-year.

Pending-to-active ratio — Very Competitive.