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Understanding the market is one of the strongest tools you can have when buying or selling. These updates give you a quick look at the trends and opportunities shaping real estate in our local communities.
With experience as a homeowner, investor, landlord, builder, and former loan officer, I offer clear guidance and honest insight to help you move with confidence. Selling or buying, I’m here to make the process smooth and successful.
Real Estate & the Economy
The Beige Book reports the overall economic activity ticked up slightly in February, with most Districts seeing either no change or only modest movement. Consumer spending softened, especially for non‑essentials, while demand for basics stayed solid. Housing remained mixed with tight inventory, and construction eased a bit across both residential and commercial projects. Outlooks across the country pointed toward gradual improvement and growing optimism in the months ahead.
The next Federal Reserve Meeting is scheduled for March 17-18, meeting associated with a Summary of Economic Projections.
The Good News on Mortgage Rates
If you’ve been waiting on the sidelines, recent shifts are encouraging. Freddie Mac reports the 30‑YR FRM at 5.98%, dipping below 6% for the first time in more than 3 years, a meaningful shift that’s boosting affordability and momentum. (The Primary Mortgage Market Survey® Information is based on loan applications submitted to Freddie Mac by lenders across the country. Reported on 2/26/26)
Thinking about buying or refinancing and not sure how to begin the lending process, give James Morin a call at (203) 509-3958. The owner of All Points Mortgage and lets tackle your real estate goals together.
Buyers: If you’re thinking about buying, staying informed and getting pre-approved for a mortgage will help you move confidently when the right home appears.
Sellers: If you’re considering selling, this is a great time to cash out with current value on the rise. Demand is still strong, inventory is low and rates are appealing.
Fairfield County Activity
Fairfield County continues to see strong demand and increases in value. Buyers remain active and there is still a significant shortage in inventory. Below are February’s Stat’s compared to this time last year.
Fairfield County has seen a significant increase in value over the past 5 years. Single family homes have increased 25.60% and condos are up 37%.
| February Stats | Single Family | Condo’s |
| Currently Active | 630 Units | 274 Units |
| New Inventory | 432 Units – Down 15.5% | 193 Units – Down 10.2% |
| Coming Soon | 50 Units | 11 Units |
| Average Sales Price | $1,172,133 – Down 5% | $509,712 – Up 13% |
| Under Contract | 466 Units | 176 Units |
| Closed Sales | 246 Units – Down15.5% | 142 Units – Down 8% |
| Closed Sales YTS | 601 Units | 299 Units |
New Haven County Activity
New Haven County continues to see strong demand and steady growth in home values. Buyers are active, inventory remains limited, and competition is still a defining factor in the market. Below are February’s stats compared to this time last year.
| February Stats | Single Family | Condo’s |
| Currently Active | 517 Units | 278 Units |
| New Inventory | 344 Units – Down 15% | 160 Units – Down 15% |
| Coming Soon | 29 Units | 13 Units |
| Average Sales Price | $482,896 – Up 8.2% | $298,860 – Up 2% |
| Under Contract | 366 Units | 144 Units |
| Closed Sales | 320 Units – Down13% | 105 Units – Down 21% |
| Closed Sales YTS | 696 Units | 231 Units |
Over the past 5 years New Haven County has seen extensive growth in home values. Average sales price for single family homes is up 38% and condos are up 44% in value.
Price Points
If Fairfield County feels out of reach for a home purchase, consider New Haven County. New Haven County continues to offer a wide range of price points and property types, making it an attractive choice for both first‑time buyers and those seeking a lifestyle change, bigger homes and more land is one of them. Located just 30 miles apart and connected by I-95, both counties offer a range of lifestyles from coastal towns to countryside communities with quick commutes to New York City and Hartford.
Your Neighborhood Market Trends
Keep up with your Neighborhoods Market Trends. Sign up at Neighborhood News to get the most current real estate market inside scoop. Get real time updates for the community you love.
Ready to Make a Move? Let’s Talk! Contact LeeAnn Today (203) 253-4567
When you’re ready for trusted guidance contact me, a professional REALTOR®. I support sellers, buyers, seniors, relocations, landlords, and those ready to upsize or downsize. I’m always here for a no‑pressure conversation about your goals are, whether exploring your options, or ready to make a move. Let’s talk about what’s possible for you in today’s market.
Request a complimentary NO obligation consultation. Consider recommending a friend or family member. I’ve assisted 100’s of sellers and buyers achieve their real estate goals. I can help you too! I am committed to treating you as part of the family.
Raise your standards! Your real estate goal is a journey filled with significant financial decisions and personal choices. It’s essential to partner with an experienced REALTOR® like me.
Compliments of LeeAnn DeLeo, A Trusted Name in Real Estate
Broker, Blogger, Stagent® & REALTOR®
Century21 AllPoints Realty
(203) 253-4567
leeann.deleo@gmail.com
www.leeanndeleo.com
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Source: SmartMLS, LLC., Federal Reserve, Mortgage News Daily, US Economy, MSN, Bank Rate, MBA – The information provided herein is for informational purposes only. All real estate, economic data, market trends and projections are subject to change. Prepared on 3/3/2026.
