Looking at the March numbers for 2010 compared with March 2009, I see a marked improvement in the real esate market in Stamford, Ct.
Data shows that we went from a 17.3 month supply of homes down to a 4.8 month supply. Now this is not true in every price range but is a great over all indicator of how our market is doing.
To break these numbers down further, they represent a 16% decrease in homes for sale, a 167% increase in pending contracts and a 96% increase in Solds! Now that's great news! We even saw a 4% increase in median price.
For the month of March we had 525 properties for sale, 80 contracts and 45 properties go to closing. With such low interest rates and some real stability beginning to show in the market, I find that I am quite busy with buyers and sellers.
Thinking about it or just have questions? www.HomesofFairfieldCounty.com
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