Connecticut Real Estate Market Weekly Insights (4-21-25)

In this week’s episode of Connecticut Real Estate Market Weekly Insights, we dive deep into multifamily property trends in Hartford and New Haven counties. We break down average sale prices, days on market, price per square foot, and sale-to-list ratios for 2-, 3-, and 4-family homes, offering practical insights for both investors and owner-occupants.

We also explore a proposed 10-lot residential subdivision on Bee Street in Meriden that could bring much-needed inventory and affordability to the area. From there, we shift to a broader statewide issue—Governor Ned Lamont’s push to ease zoning restrictions and accelerate housing development, as Connecticut struggles to meet growing demand.

We then spotlight serious concerns in a New Haven apartment building, where tenants have been living in hazardous conditions, highlighting broader issues around housing quality and landlord accountability in the state.

Nationally, we cover Realtor.com’s 2025 Seller Survey, revealing growing optimism among homeowners considering selling, as well as the NAHB’s report on declining builder confidence and Redfin’s data showing that the rent vs. buy gap has reached a two-decade high—making renting more financially appealing for many Americans.

Whether you’re a buyer, seller, or investor in Connecticut, this episode is packed with the insights you need to navigate the current housing market. If you're planning to sell in the next 6–12 months or just want to understand how these trends impact your next move, give us a call at [phone] or visit Triniyah.com.

If you’re interested in buying, selling, or renting real estate anywhere within the State of Connecticut, please visit our website to see how we can assist you!