stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold June 2016
- 07/30/16 11:24 AM
Stratford CT single family home sales for June 2016 INCREASED just 1.5% as compared to June 2015 sales but was the highest recorded month in over a year. Sales were also UP 26% from last month. See annual chart below for better optics.
Listing and closed price averages were both UP 16%. The median went UP 8%. Read here about the difference between the sales average and median home price.
Days on the market went DOWN 2%.
The absorption rate for the month remained in a seller's market from last month. If there was no new inventory, it would take 3.38 months to sell off … (1 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold May 2016
- 06/30/16 01:24 AM
Stratford CT single family home sales for May 2016 INCREASED 15% as compared to May 2015 sales.
Listing and closed price averages were both down 7%. The median went down 8%. Read here about the difference between the sales average and median home price.
Days on the market went DOWN 1%.
The absorption rate for the month remained in a seller's market from last month. If there was no new inventory, it would take 4.43 months to sell off the active 239 listings.
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There are 64 houses under … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold April 2016
- 05/30/16 06:49 AM
Stratford CT single family home sales for April 2016 INCREASED 20% as compared to April 2015 sales. Sales were up 38% from last month. See chart below.
Listing and closed price averages both down 2% and .25% respectively. The median rose 9%. Read here about the difference between the sales average and median home price.
Days on the market went DOWN 15%.
The absorption rate for the month moved into a seller's market from last month. If there was no new inventory, it would take 4.63 months to sell off the active 250 listings.
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SEARCH for … (1 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold March 2016
- 04/30/16 02:37 AM
Stratford CT single family home sales for March 2016 decreased 13% as compared to March 2015 sales. Sales were up 2% from last month. See chart below.
Listing and closed price averages both went UP 3% and 5% respectively with the median rising 11%.
Days on the market went DOWN 16%.
The absorption rate for the month crossed over into a seller's market from last month. If there was no new inventory, it would take 6.13 months to sell off the active 239 listings.
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There are 74 houses under … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold February 2015
- 03/31/16 02:02 AM
Stratford CT single family home sales continue on an upward trend in year-to-year comparisons. February 2016 closed sales INCREASED 12% compared to February 2015 sales and were also up 15% from last month. See annual chart below.
Listing and closed price averages both went down 25% with the median showing a truer picture with a 6% decrease. The significant outlier last year at $1.45 million as well as a few other February 2015 higher end sales brought 2015 averages up. The median, which is the midpoint of all sales, is a better indicator of market activity when the complete dataset is analyzed.
Days … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold January 2016
- 02/28/16 10:58 AM
Stratford CT single famiy home sales continue to be positive in year-to-year comparisons. January 2016 closed sales INCREASED 57% compared to January 2015 sales.
Listing and closed price averages went UP 1% and 3% respectively. The median was UP 5%.
Days on the market went up 21%.
The absorption rate for the month stayed in seller's market territory at 5.70 months, meaning if there was no new inventory, it would take 5.70 months to sell off the active 188 listings.
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Moving forward, there are 44 houses under deposit … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold December 2015
- 01/30/16 10:38 AM
What a way to end a year!! Stratford CT Single family home sales in December 2015 INCREASED 154% compared to December 2014 sales.
Listing and closed price averages went UP 11% and 10% respectively. The median was UP 9%.
Days on the market went up 18%.
The absorption rate for the month went further into seller's market territory from 4.27 last month to 2.93 this month, meaning if there was no new inventory, it would take 2.93 months to sell off the active 179 listings.
The number of listings decreased 5% from last month. This fact along with the high sales pushed that … (2 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold November 2015
- 12/30/15 12:58 AM
Stratford CT Single family home sales in November 2015 INCREASED 7% compared to November 2014 sales.
Listing and closed price averages both went down 8%. The median was UP 3%.
Days on the market went down 21%.
The absorption rate for the month went further into seller's market territory at 4.27 months, meaning if there was no new inventory, it would take 4.27 months to sell off the active 188 listings.
The number of listings decreased 18% from last month explaining the lower rate and a seller's market.
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SEARCH for Your New Home in Stratford, … (4 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold October 2015
- 11/30/15 10:36 AM
Stratford CT Single family home sales in October 2015 INCREASED 14% compared to October 2014 sales.
Listing and closed price averages went down 2% and 3% respectively. The median was down 3%.
Days on the market went down 3%.
The absorption rate for the month went further into seller's market territory at 4.77 months, meaning if there was no new inventory, it would take 4.77 months to sell off the active 229 listings.
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Moving forward, there are 59 houses under deposit and 72 pending sales (under contract), continued good … (1 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold September 2015
- 10/31/15 02:20 AM
Stratford CT Single family home sales in September 2015 INCREASED 20% compared to September 2014 sales.
Listing and closed price averages both went UP 2%. The median was down 3%.
Days on the market went up 12%.
The absorption rate for the month went back down into seller's market territory at 5.16 months, meaning if there was no new inventory, it would take 5.16 months to sell off the active 284 listings.
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Moving forward, there are 58 houses under deposit and 74 pending sales (under contract), continued good strength … (2 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold August 2015
- 10/01/15 04:46 AM
Stratford CT Single family home sales in August 2015 INCREASED 51% compared to August 2014 sales.
Listing and closed price averages went UP 7% and 6% respectively. The median was UP 12%.
Days on the market went up 21%.
The absorption rate for the month remained in buyer's market territory at 6.60 months, meaning if there was no new inventory, it would take 6.60 months to sell off the active 310 listings.
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Moving forward, there are 72 houses under deposit and 70 pending sales (under contract).... good strength on … (3 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold July 2015
- 09/01/15 05:49 AM
Stratford CT Single family home sales in July 2015 decreased 2% compared to July 2014 sales.
Listing and closed price averages both dipped 18% and 15% respectively with a very heavy concentration in the $200K range. The median was UP 2%.
Days on the market went DOWN 7%.
The absorption rate for the month went back up to buyer's market territory at 7.07 months, meaning if there was no new inventory, it would take 7.07 months to sell off the active 318 listings. With the inventory number remaining about the same as last month and lower sales, the rate shot up.
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold June 2015 - Sales Soar!!
- 07/30/15 02:27 AM
Stratford CT Single family home sales in June 2015 INCREASED 34% compared to June 2014 sales and SOARED 46% from last month. See annual sales chart below.
Listing and closed price averages both dipped 22% with a very heavy concentration in the $200K range. The median was down 17%.
Days on the market went up 4%.
The absorption rate for the month took a dive too to 4.61 months, meaning if there was no new inventory, it would take 4.61 months to sell off the active 309 listings, statistically in a seller's market. High sales brought that stat down.
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold May 2015
- 06/29/15 12:25 PM
Stratford CT Single family home sales in May 2015 continued on the rise. Sales were UP 5% as compared to May 2014 sales.
Listing and closed price averages both INCREASED 2%. The median was UP 4%.
Days on the market went down 13%.
The absorption rate for the month was at 6.76 months, meaning if there was no new inventory, it would take 6.76 months to sell off the active 311 listings, statistically in a buyer's market.
Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford
Moving forward, there are 58 houses under deposit … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold April 2015
- 05/31/15 04:28 AM
Stratford CT Single family home sales in April 2015 continued in positive territory. Sales were UP 50% as compared to April 2014 sales.
Listing and closed price averages both decreased 2%. It should be noted that last year's high sale was an outlier at $1,500,000, a waterfront property in Lordship, which brought 2014 averages up by $50K. So that fact makes 2015 averages looking pretty good!
The median was UP 33%.
Days on the market went down 12%.
The absorption rate for the month was at 5.96 months, meaning if there was no new inventory, it would take 5.96 months to sell off the active … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold March 2015
- 04/29/15 04:51 AM
Stratford CT Single family home sales in March 2015 continued to 'march on' into positive territory. Sales were UP 18% as compared to March 2014 sales.
Listing and closed price averages both INCREASED 11%. The median for the month was UP 8%.
Days on the market went up 9%
The absorption rate for the month was at 5.91 months, meaning if there was no new inventory, it would take 5.91 months to sell off the active 266 listings, statistically just shy of a balanced market.
Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home … (2 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold February 2015
- 03/30/15 11:56 AM
Stratford CT Single family home sales in February 2015 defied the cold, snowy weather and were HOT HOT HOT instead. Sales were UP 26% as compared to February 2014 sales.
Listing and closed price averages both INCREASED 29%. The median for the month was flat at a 1% decrease. Full disclosure -- Yes, that one $1.45 million waterfront sale did help to bring up the averages.
The absorption rate for the month was at 7.12 months, meaning if there was no new inventory, it would take 7.12 months to sell off the active 242 listings.
… (1 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold January 2015
- 02/22/15 07:01 AM
Stratford CT Single family home sales in January 2015 were down 16% as compared to January 2014 sales.
Listing and closed price averages INCREASED 6% and 5% respectively. The median for the month was UP 4%.
The absorption rate for the month went up to 10.48 months, meaning if there was no new inventory, it would take 10.48 months to sell off the active 220 listings.
Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford
Moving forward, there are 48 … (1 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold December 2014
- 01/27/15 02:43 AM
Stratford CT Single family home sales in December 2014 were down 16% as compared to December 2013 sales. Sales fizzled as compared to last month. See annual chart below.
Listing and closed price averages were down 3% and 1% respectively. The median for the month was off 16%.
The absorption rate for the month went up considerably from last month to 9.61 months, meaning that if there was no new inventory, it would take 9.61 months to sell off the active 221 listings.
Stratford needs inventory! The supply of homes was down 16% from last month. I know prospective … (0 comments)
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stratford ct market report: Stratford CT Real Estate Market Report and Homes Sold November 2014
- 12/18/14 05:01 AM
Stratford CT Single family home sales in November 2014 were UP 8% as compared to November 2013 sales.
Both listing and closed price averages INCREASED 12% and 13% respectively. The median for the month was UP 14%.
The absorption rate for the month was balanced statistically at 6.00 months, meaning that if there was no new inventory, it would take 6.00 months to sell off the active 246 listings.
Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford
Moving forward, there are 41 houses under deposit and 52 pending … (2 comments)
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