Connecticut’s Real Estate Market: The Shift Toward Balance Has Begun
Posted by Tim Bray on
Connecticut’s Real Estate Market Is Balancing: What A/P Says (October 2025)
Connecticut’s Real Estate Market: The Shift Toward Balance Has Begun
After years of undersupply and bidding wars, Connecticut’s housing market is finally normalizing. Our leading indicator—the A/P (Active-to-Pending) ratio—now sits near 1.0 statewide, signaling a transition from a pure seller’s market to a more balanced playing field.
Key Metric: A/P (Active-to-Pending Ratio)
A/P is a simple but powerful gauge of market balance: Active Listings ÷ Pending Listings.
- A/P < 1.0 — Seller’s market (more homes under contract than for sale)
- A/P ≈ 1.0 — Balanced market
- A/P > 1.0 — Buyer’s edge…
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