2025 real estate trends by town

2025 real estate trends by town

Market data from Matrix Smart MLS and InfoSparks. Compiled by Christine Bates, real estate salesperson with William Pitt Sotheby’s International Realty, Licensed in Connecticut and New York.

Chart by Christine Bates

Last year, the Northwest Corner diverged from national housing trends, with performance varying widely by town.

Nationally, the median sale price for an existing home remained flat at about $415,000, with a median price per square foot of $222. Locally, results were far less uniform, with prices declining in Cornwall and Salisbury while rising across the other Region One towns.

Salisbury remained the region’s most active market in 2025, recording 50 sales, a 9% increase from the prior year. Of those, 22 closings topped $1 million, while just six sold for $400,000 or less—nearly the inverse of North Canaan’s market, which saw only one million-dollar sale and 20 homes sell at or below $400,000.

In Sharon, overall sales declined, but prices rose sharply. The town posted a 23% increase in median sale price to $702,500 and a 41% jump in price per square foot, alongside a relatively balanced range of sale prices.

For detailed, town-by-town data, see the accompanying chart above.

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