🏡 Monthly Market Snapshot: Luxury Homes in New Canaan – July 2025

If you own a luxury home in New Canaan or are planning to enter the market, now is the time to stay sharp. With price shifts, supply fluctuations, and buyer demand heating up again, July gives us a telling look at where Fairfield County’s premier zip codes are headed next.

💰 Price Trends: A Market Holding Strong

• The median sale price for luxury homes in New Canaan landed at $2.5 million in June, down slightly from May’s peak of $2.89M, but still up 6% year-over-year.

• The market remains resilient despite some seasonal softening—buyers are out, and they’re writing serious offers for well-positioned properties.

⏱️ Speed to Contract: Blink and It's Gone

• Average days on market dropped from 86 in May to just 19 in June. That’s a dramatic acceleration—sellers who price strategically are going under contract in less than 3 weeks.

• In hot pockets like Oenoke Ridge, homes are selling in as little as 10–14 days.

📦 Inventory: Still Lean, Still Lucrative

• Just 57 active luxury listings in June—down from typical summer levels. That tight inventory keeps upward pressure on pricing.

• With fewer choices, buyers are moving fast on turnkey listings, especially those with outdoor amenities, pool potential, and modern upgrades.

🧠 What Buyers Are Prioritizing Right Now

• Updated kitchens and bathrooms with a clean, transitional design

• Outdoor living spaces with covered patios, pools, and summer kitchens

• Finished basements with wellness spaces, media rooms, or wine cellars

• Smart home tech that doesn’t feel “techy”—invisible integration is key

🔍 Sellers: What This Means for You

✔️ If you’re on the fence, this is a powerful moment to list. You’re entering a marketplace with serious buyers, record-low inventory, and pricing support from Q2's appreciation.

✔️ Don’t overprice. Strategic pricing leads to multiple offers and reduced time on market. Overpricing in this environment leads to stagnation.

✔️ Elevate your marketing. High-end buyers expect cinematic video, targeted online placement, and a brand that screams premium—this is where The Collection by Dave Jones gives you the edge.

🔮 Outlook for Late Summer 2025

• Experts forecast continued demand in towns like New Canaan, even if interest rates nudge up again.

• Expect inventory to remain below average, keeping this a seller’s market—particularly in the $2M–$4M range.

• Your window is open now. The best-prepared sellers will capitalize before the fall market shift.

📞 Let’s Talk Strategy

Whether you’re considering a quiet off-market opportunity or ready to go live in the next 30 days, our team offers:

✅ On-site pricing and prep consultation
✅ Tailored marketing plan built for affluent buyers
✅ Access to private networks and global luxury exposure

The Collection – By Dave Jones
📍 40 Center Street, Prospect, CT 06712
📞 203‑910‑2638
📧 [email protected]
🌐 www.TheCollectionCT.com