Q2-2025
EXECUTIVE
SUMMARY
The spring market in Darien, Rowayton, and New Canaan has reaffirmed the strength and stability of these highly sought-after communities within Fairfield County. These towns, known for their coastal lifestyle, convenient location, and historic charm, continue to draw serious buyers, even as market conditions shift toward a more balanced environment.
Darien led the way with strong activity in the $2 million and above price range. Properties with thoughtful updates, proximity to amenities, or desirable locations near the water remain in high demand. Limited inventory in the area has created competitive scenarios for well-positioned listings, though the days of widespread bidding wars have given way to more deliberate decision-making by buyers.
In New Canaan, buyer enthusiasm remains solid, particularly for homes priced between $2 million and $4 million. While the overall number of transactions dipped compared to this time last year, it's clear that lack of supply, not lack of demand, is driving that change. Buyers continue to be active and willing to move quickly when homes that meet their criteria hit the market.
Rowayton saw price growth level off after several robust years, though demand for homes near the village center, beaches, and marinas remains steady. Buyers still prioritize location and condition, and homes that deliver on both continue to trade at strong price points.
Looking ahead, we anticipate continued strength in these towns, particularly in the upper price brackets. While higher interest rates have introduced some caution to the market, they have not dampened demand for move-in-ready homes in prime locations. Entry-level and mid-range segments may experience more price sensitivity, but overall, the appeal of Darien, Rowayton, and New Canaan remains intact. As summer transitions to fall, well-located, updated properties will continue to attract competitive interest from buyers drawn to these vibrant coastal communities.
With Warm Regards,
Liz Nunan President and CEO
