🍁 Intro
Fall is in full swing across New England. The leaves are near their peak color and the housing market is cooling everywhere except a few shoreline towns.
After a burst of activity in early October, the market is shifting back toward balance. Groton’s brief surge cooled this week as new listings outpaced sales across nearly every town. It’s a reminder that even strong local demand eventually meets seasonal gravity.
While no town is showing major distress, the trend is clear, the fall market is moving from urgency to patience. Homes are still selling, but the frenzy is fading.
📊 Inventory Flow
Where Are Homes Moving Fastest?
(Week of Oct 8–14, 2025)
Weekly Inventory Flow by Town
Town | Homes Sold | New Listings | Market Direction |
|---|---|---|---|
Mystic | 0 | 3 | 🏡 Inventory rising, very quiet week |
Stonington | 3 | 3 | ⚖️ Balanced, activity slowed evenly |
Groton | 1 | 5 | 📈 Cooling, more listings than buyers |
New London | 1 | 4 | 🧊 Cooling, buyers gaining leverage |
Waterford | 5 | 7 | ☁️ Slightly cooling, supply building |
County Total: 97 homes sold vs. 128 new listings (inventory up modestly).
Rising inventory suggests sellers are timing the market, listing now to capture remaining fall demand before momentum fades.
⏱ Median Days on Market
(30-Day Rolling Average as of Oct 14, 2025)
Mystic: 49 days (down 7 WoW)
Stonington: 62 days (steady)
Groton: 65 days (up 3 WoW)
New London: 66 days (steady)
Waterford: 64 days (steady)
Market Average: 61 days
Takeaway: Averages held steady this week, suggesting that demand remains stable even as listings rise. Mystic continues to move the quickest, with a sale last week in just 18 days from list to sale!
💸 Price Cuts by Town
(% of active listings with price cuts)
(Active Inventory as of Oct 14, 2025)
New London: 23.1% (-1.4 pts WoW)
Mystic: 18.9% (-2.0 pts WoW)
Waterford: 15.7% (-3.1 pts WoW)
Stonington: 13.0% (flat)
Groton: 11.3% (-1.2 pts WoW)
Takeaway: Sellers are adjusting, but fewer price cuts this week suggest that initial pricing is improving. The market could be calibrating expectations after a busy September.
🏡 Quick Hits
Market Snapshot: Groton $348K (PITI: $2,582/mo), New London $377K ($2,800/mo), Waterford $440K ($3,267/mo), Mystic $769K ($5,710/mo), Stonington $845K ($6,274/mo)
Rent vs Buy: Groton (0.85), Waterford (0.67), New London (0.63), Mystic (0.53), Stonington (0.45)
Luxury Spotlight: 1189 Pequot Trl Stonington at $5.50M
Starter Homes: 61 listings under $300K — Groton still leads
Biggest Price Cut: 301 Osbrook Pt, Stonington reduced by $400K (16.7%) to $2.00M
Market Snapshot reflects median home prices for each town. PITI estimates assume a 20% down payment and a 6.25% fixed-rate mortgage over 30 years.
🚦 Closing Note
This week marks a turning point, the shoreline market is shifting from fast to steady. For buyers, it’s the best moment in months to negotiate and explore. For sellers, patience and preparation will matter more than speed.
Despite cooling activity, the fundamentals remain strong. Mortgage rates have stabilized and appear to be in a slow downward trend and shoreline towns continue to draw interest from out-of-state buyers who value CT real estate.
If you’re watching the market, don’t mistake calm for decline. Fall is simply returning balance to a market that’s been running hot all year.
If this helped you see the market more clearly, share it with a friend or neighbor who’s watching the shoreline too.
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⚖️ Disclaimer
Data presented in this report was compiled from publicly available sources such as Redfin, Realtor.com, Zillow, and municipal open-data portals. Figures are intended to illustrate market direction, not certified MLS statistics.
Shoreline Ledger is an independent publication. I am not a licensed real estate professional, and this content should not be taken as financial or real estate advice. Always verify details before making buying or selling decisions.