STRATFORD
Market Trends
April 2012
Stratford is still in a Buyer’s Market (as shown by the market indicator trends in orange). Stratford has over 9 months of inventory (the 12 month figure is used for the absorption analysis), which is actually among the lowest in Fairfield County. Six months of inventory is a balanced market, favoring neither Seller nor Buyer. Less than six months is a Seller’s market. Many towns in Fairfield County have a year’s worth of inventory or more.
The Average List and Sales prices are still declining, but this may be more reflective of fewer sales on the high end than a true decline in prices over the past 12 months. Mid-range prices appear to be pretty stable, but sales at the high end of the market are slow.
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