When comparing the snapshot of the market of Single Family homes in Stamford taken on November 23 and the one taken today, we can conclude that Active Single Family Homes have seen Median Listing Price increased by 1.15%, and homes under contract today have a Listing Median Price 28.53% higher than those under contract on November 23. On the other hand, those shown today as "Price Reduced" have a Median Listing Price of 29.82% lower than those under the same status on November 23. New Listings today have a Median Listing Price of $937,000 vs. $729,000 for the same group on November 23, or a 5.13% price … (0 comments)
stamford prices: STAMFORD - Single Family Properties - Nov. 23 Snapshot
- 11/23/07 03:56 PM
This is the current inventory offered by Stamford. Homes in the group 'Continue to Show' are those whose sellers have already accepted offers but are consider still available. Properties under 'Sale Pending' are those whose sellers have already accepted offers and are in the process of signing contracts. These are Single Family Homes. This table shows that out of 531 properties, 443 homes are still available.
… (0 comments)
stamford prices: How much have prices changed in Stamford (Single Family, 3 BRs, 1500-2000 SqFt)
- 11/10/07 03:35 PM
As you can see in the table below, Prices paid (median price) for Single Family homes in Stamford (3 or 4 Bedrooms, between 1,500 and 2,000 SqFt.) in October 2002 were 70.46% over the median price paid for similar homes in October 2000 ($479,000 vs. $360,500). Prices have decreased from $614,500 in October 2004 to $505,000 in October 2007, or a 17.81%. Overall, prices have increased 40% between October 2000 and October 2007 which represents a great ROI. A better performance than many stocks. In the graphs below you can see how the number of listings sold and the average number of days … (0 comments)
stamford prices: STAMFORD - Weekly Snapshot - Condominiums - Nov. 02, 2007
- 11/03/07 06:39 PM
This last week we had 550 units showing as either Active or Under Contract, from which, 66.18% (364) listings were Active, 22 condos as new listings (4%), 39 condos as Continue to Show (7.09%). 19 Condos (3.45%) showed a reduction in price, and 84 condos (15,27%) went under contract. The average median listing price this week was $441,244. It is interesting to take a look at the different Median Listing Prices. As you can see, MLP from high to low follows this order: Condos Under Contract (Sale Pending), Active Condos, Condos (New Listings), Continue to Show Reduced Price. I would infere from these figures that … (0 comments)
stamford prices: Stamford Monthly Sales Report - October 2007
- 10/31/07 05:31 PM
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 … (0 comments)
stamford prices: Stamford - Single Family Homes - Sales Report - September 2007 vs. September 2006
- 10/06/07 05:39 PM
The largest price reduction between SF homes sold in Stamford in September 2007 compared to those sold in September 2006 was observed in the price range of $600,000 - $800,000 (8.62%). Since there was only one home sold in the price range $200,000 - $400,000, it is not statistically significant to draw conclusions. On the other hand, homes sold in the price range 'Over $800,000' were sold for over 36% more this year, even though only 6 properties in that range were sold versus 13 last year.
… (0 comments)
stamford prices: And what about prices in Stamford?
- 08/12/07 08:13 PM
To understand the attached graphic, i will comment on some of these numbers: While in Danbury Condos in the price range of $400K to $600K were the only ones whose prices were increased, in Stamford we can see that it was the condominiums in a lower price range ($300K - $400K) the ones who luckily saw their prices going up about 2.3% in average.
At the same time, in 2006 the difference between the Listing Price and the Selling Price for condos between $300K and $400K between Jun10 and Aug10 was about 3.61% while in 2007 it was only 1.43%. This means that listing prices for … (0 comments)
stamford prices: Danbury, Stamford and Norwalk - Market Today
- 07/10/07 06:44 AM
These three towns, as in most of the country, are showing a reduced number of SOLD properties compared to one year ago. As we all know, the Real Estate market is cyclical as it is the economy, politics, the seasons...., and in this particular scenario, it is about LOCATION. As you well know, it's about the address, and some towns saw their real estate prices going higher and earlier than others a couple of years ago. The same is happening with the so called "price adjustment" or "market adjustment". Some towns have reduced (normalized) their prices earlier than others:We can see … (0 comments)
;)
;)
