As reported by October 31st at midnight, Selling Prices (median) for condominiums sold in Stamford in October increased by over 22% compared to the median selling price one year ago.
The total number of units came down from 123 to 90, and Single Family homes from 55 in Oct. 2006 to 35 in Oct. 2007, a 36.36% reduction in terms of units reported and at a 2.09% price reduction.

Sales in Stamford in September 2007 showed a price (median) reduction of 31.03% as compared to sales one year earlier.

The highest price reduction was found in the 2-Family dwellings (11.61%). Good news is that condos and co-ops had their median selling price raised by 18.77% and 9.26% respectively in September 2007 compared to those sold in September 2006.