The Market Is Splitting: Why Some Homes Are in a Seller’s Market While Others Are Not

The Market Is Splitting: Why Price Range Now Matters More Than Ever

In real estate, markets rarely move in one single direction.

Instead, they tend to evolve gradually. Certain segments begin to change first while others remain strong. Over time those shifts spread across the broader market.

Today we are beginning to see the early stages of that process.

Across many towns in Southeastern Connecticut and coastal Rhode Island, the market is no longer behaving as one unified environment. Instead, it is fragmenting by price range.

Some price tiers remain firmly in seller territory, while others are moving toward balance.

Understanding this shift requires returning to…

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The Seaport Multifamily Brief Issue #2 | March 2026

The Seaport Multifamily Brief

Issue #2 | March 2026

Coastal Connecticut & Southern Rhode Island

Powered by CoStar Data and Seaport Due Diligence

Primary market statistics sourced from CoStar Search Analytics (March 2026 reports). Interpretation and underwriting commentary are proprietary to Seaport Commercial.

Executive Summary

Coastal multifamily fundamentals remain tight, but the market is becoming more selective. Vacancy stays relatively low across the region, rent growth varies by county, and cap rates appear to be stabilizing. In this environment, our view remains simple: Do the Math—and let the math tell you what to do.

Featured Listing Spotlight is included below and uses county-level CoStar benchmarks for context.…

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“Statewide Zoning?” What’s Proposed, What’s Already Law, and What Towns Should Do Next

Series: Town Meeting Minute

“Statewide Zoning?” What’s Proposed, What’s Already Law, and What Towns Should Do Next

Across Connecticut, the phrase “statewide zoning” is gaining traction. Some residents believe local control is about to disappear. Others believe statewide guardrails are the only way to solve housing supply constraints. The truth sits somewhere in the middle.

This issue breaks down what is actually happening, what is already law, and what towns in CT (and RI) should be watching closely.

No. Connecticut does not currently have a single, uniform statewide zoning code replacing local planning & zoning commissions.

However, the state has increasingly moved toward state-level housing guardrails and oversight, and at…

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Community Calendar – Issue #3 (Feb 23 – Mar 8, 2026)

Community Calendar – Issue #3
February 23 – March 8, 2026

Welcome back to the Community Calendar — our bi-weekly roundup of local events and activities across Southeastern Connecticut and Coastal Rhode Island. We focus on events people actually attend: live music, arts, family activities, markets, and seasonal happenings (and we intentionally exclude town meeting dates).

Want to submit an event? Email info@seaportre.com with the subject line Community Event Submission and include the event name, town, date/time, a short description, and a link.

Connecticut

New London County

• Breezeline Winter Cinema Series: “It Was Just an Accident”
  Wed, Feb 25, 2026 • 7:30 PM • Garde Arts Center (New London)
  Film screening as part of…

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What the Market Looked Like Before 2020

Series: When the Market Changes – Lessons From Real Estate Cycles

If you entered real estate after 2020, your understanding of the market may be shaped by one of the most aggressive seller-driven environments in modern history.

But prior to the pandemic, real estate operated very differently.

To understand where we may be heading, it’s important to remember where we came from.

A More Balanced (and Often Buyer-Leaning) Market

In the years leading up to 2020, many markets across Connecticut and Rhode Island experienced:

• Longer days on market
• More inventory than buyers in certain price ranges
• Frequent price reductions
• Negotiated closing costs
• Inspection repair requests as standard practice
• Appraisals that frequently…

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The Seaport Multifamily Brief™ – February 2026 Multifamily Market Intelligence | Coastal CT & Southern RI

The Seaport Multifamily Brief

Issue #1 | February 2026

Coastal Connecticut & Southern Rhode Island

Powered by CoStar Data and Seaport Due Diligence

Executive Summary:
Coastal multifamily markets remain structurally tight, but momentum is moderating. Leasing velocity has slowed, rent growth has flattened, and cap rates have stabilized. We have entered a Yield Discipline Phase.

Table of Contents

Washington County Market Snapshot
Transaction Intelligence
Interpretation – Beyond the Numbers
Coastal Regional View
Underwriting Reality Check™
Seaport Coastal MF Stability Index™
The Seaport Signal™
About This Series

Washington County, RI – Market Snapshot

According to CoStar Search Analytics (February 16, 2026):

• …

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Seaport Impact Score (Issue #4): The Coastal Pipeline — What’s Getting Approved, Built, and Contested

Town Meeting Minute #4

The Coastal Pipeline — What’s Moving Now in CT & RI (Last 60–90 Days)
CT & RI Growth Watch — Investor Brief
Produced by Seaport Real Estate Services

Real estate markets rarely move because of headlines. They move because of zoning changes, infrastructure investments, development approvals, and funding decisions that occur quietly at town halls and commission meetings.

This issue is evenly balanced across four counties: New London County (CT), Middlesex County (CT), Washington County (RI), and Newport County (RI). We review a broad set of boards and bodies, then publish only the items most likely to impact real estate and local economics.

Top 3 Seaport Impact Scores™ This Cycle

New London, CT — 37-Unit…

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The Pandemic Market Was the Exception, Not the Rule | Seaport Real Estate Services

Series: When the Market Changes: Lessons From Real Estate Cycles

Over the past several years, the real estate industry has experienced one of the most unusual markets in modern history.

From 2020 through much of 2023, many areas across Connecticut and Rhode Island saw:

• Record-low inventory
• Multiple-offer situations as the norm
• Rapid appreciation
• Buyers competing aggressively
• Sellers controlling negotiations

For many in the industry—especially newer agents—this became their baseline understanding of real estate.

But there is an important truth that often gets overlooked:

The pandemic-era market was the exception, not the rule.

A Surge of New Agents in an Unusual Market

During this period, real estate…

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Community Calendar – Issue #2 (Feb 3 – Feb 16, 2026)

Community Calendar – Issue #2

A bi-weekly snapshot of local events and activities across Connecticut and Rhode Island.

Welcome to Issue #2 of the Community Calendar, our bi-weekly roundup of local events, live music, family activities, and seasonal happenings across Southeastern Connecticut and Coastal Rhode Island. This series focuses on community-driven events that are easy to attend and enjoy.

We intentionally exclude town meeting dates to keep the calendar clear and approachable. To submit an event for a future issue, email info@seaportre.com with the subject line Community Event Submission.

Connecticut

New London County

• Winter Market at the Velvet Mill
  Stonington | Saturday, February 7 | 10:00 AM – 4:00 PM
  Indoor winter…

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Why Price Isn’t an Opinion.. It’s a Conclusion

Why Price Isn’t an Opinion… It’s a Conclusion

Posted by Kim Casey (860) 941-4842 kim@seaportre.com

One of the most common conversations I have with homeowners in Connecticut is about price— not what it should be, but how it’s determined.

There’s a widespread belief that pricing is something you “try.”

It isn’t.

Price is a conclusion. It’s the result of buyer behavior, affordability, competition, and execution risk coming together at a specific moment in time.

When a seller asks me, “Can we test the market?” it’s usually coming from a very real place. People worry about leaving money on the table. They worry about timing. They worry about whether they’ll regret not aiming higher. I understand that emotion is part of every housing…

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