🔥 Connecticut’s 10 Hottest Housing Markets Right Now
- Cameron Norfleet
- Mar 27
- 2 min read
If you're house-hunting or planning to sell your home in Connecticut, it’s important to understand how competitive your local market really is. According to recent data, the towns and cities with the lowest months of supply are:
Marlborough – 0.50
Ledyard – 0.56
Prospect – 0.60
Thomaston – 0.60
Wallingford – 0.68
Brooklyn – 0.70
Southington – 0.71
Newington – 0.71
New Britain – 0.73
Woodbury – 0.73
But what exactly does months of supply mean?
What Is “Months of Supply”?
Months of supply refers to how long it would take for all the current homes on the market to sell if no new listings were added. A market with 6 months of supply is considered balanced. Anything less than that indicates a seller’s market — meaning demand outweighs supply.
In these 10 communities, supply is extremely low — under 1 month in every case. That makes competition fierce for buyers, and a golden opportunity for sellers.
For Home Sellers in These Areas:
If you live in one of these towns, you’re in a strong position. Buyers are actively looking, but inventory is tight — which means you’re likely to get attention quickly. Multiple offers, bidding wars, and above-asking-price sales are not uncommon.
The message is clear: We need more inventory. If you've been on the fence about selling, now is the time to explore your options. Even if you're not ready to list right away, consider reaching out for a home equity review or market evaluation to understand your position.
For Home Buyers: How to Compete in a Tight Market
Navigating a low-inventory market like this requires strategy and preparation. Here are a few tips to help:
Know Your Numbers: Understand your budget, your maximum offer price, and what you're willing to compromise on before you start shopping.
Be Ready to Act Fast: In markets with less than one month of supply, homes don’t sit for long.
Work with a Local Agent: Partnering with a brokerage like Triniyah Real Estate gives you a competitive edge. We’re tapped into local listings, market trends, and have insight into upcoming listings, pricing trends, and local negotiation strategies.
Stay Flexible: If you can be flexible on closing dates, contingencies, or even offering rent-backs to the seller, that may give you an edge.
Don’t Skip Inspections — Be Smart About Them: While waiving inspections can strengthen an offer, consider options like an "informational only" inspection or shortening inspection timelines.
Whether you're buying or selling, understanding months of supply can give you a competitive advantage. If you’re in one of these red-hot markets, now is the time to get expert advice and make your move.
Want to know what your home is worth in today’s market or get help winning your next offer? Let’s talk.
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