First quarter is typically the slowest stretch of the year in Black Rock, and this year that pattern held — just more so than usual. Only 4 single-family homes changed hands in the neighborhood this quarter, down from 8 a year ago. Condo sales were even thinner: 3 closings, versus 4 last year. At numbers this small, I want to walk through what actually moved, and be honest about what I’d trust versus what I’d take with a grain of salt.
Single-Family Homes: Fewer Sales, Higher Prices, Similar Terms
With just 4 sales, the price figures jumped noticeably: median sold price rose 11.82% to $463,500, and average sold price climbed 20.98% to $728,000. I’d treat both as informative but not conclusive — with a sample this size, one higher-end closing changes the picture substantially. What I’d put more weight on is the list-to-sold ratio, which held at 100.8%, down modestly from 106% a year ago. In plain terms: sellers are still getting essentially full asking price, just without the extra bidding-war premium that showed up in Q1 2025. Days on market did stretch out — median 17 days versus 10, average 18 versus 11 — but nothing like the longer waits that have surfaced in other quarters this cycle.
Condos: Even Thinner, Even Slower
Three condo sales is about as small a sample as this report produces, so I’d treat the median sold price increase — up 26.26% to $250,000 — as a data point rather than a verdict on condo values. The number that tells me more is days on market: median 59 days versus 10 a year ago, average 53 versus 28. Whoever closed on a condo here this quarter took their time getting there.
The One Thing Worth Flagging: Inventory Crossed a Line
Here’s the part of this report I’d actually call new. Looking at the months-of-supply data — inventory measured against the pace of sales — both the single-family and condo segments in Black Rock pushed past the five-month mark this quarter. Going back through three years of this data, that’s the first time either segment has crossed that line. Five months of supply isn’t a true buyer’s market on its own, but it’s a real shift from where Black Rock has mostly sat over that stretch, which has been under two months. With sales this thin, it wouldn’t take much — a few new listings closing, a stronger spring — to pull that back down. Still, it’s worth watching over the next quarter rather than writing off as noise.
Fairfield County: A Similar, Milder Version of the Same Story
The county saw the same shape of quarter, just less pronounced. Single-family sales were down 8.1% to 998, while median sold price rose 7.36% to $802,500 and average sold price climbed 10.04% to $1,449,068. Days on market lengthened too — median up to 25 days from 19, average to 49 from 44 — though the list-to-sold ratio actually ticked up slightly, to 102.2% from 101.7%, meaning sellers countywide held their ground a touch better than Black Rock’s did this quarter. Condos followed a nearly identical shape: fewer sales, meaningfully higher prices, longer timelines.
Bottom Line
Q1 is always a small sample in Black Rock, and this year more than most — four house closings and three condo closings don’t give you much to build a headline on. What I’d actually trust out of this report: pricing power for sellers hasn’t gone away, but the pace has slowed enough that inventory briefly outran demand in a way it hadn’t in the last few years. Worth keeping an eye on heading into spring. If you want to talk through what any of this means for a specific property or timeline, reach out directly.
John Kleps is a REALTOR® with Berkshire Hathaway HomeServices New England Properties, serving Fairfield County with a signature specialty in Black Rock. Market data compiled by Burrow Services, Inc. for Berkshire Hathaway HomeServices New England Properties; figures are informational and should be used to analyze trends, not as a substitute for independently verified data.
