Market Overview: Stamford, CT

Single Family Properties

December Headlines
  • Unit sales are down by 27.7%.
  • Months of supply is down 4.8% to 5.6.
  • 3-month median price in December was $530,000. This is down 3.6% from $550,000 in December of 2016.
Nearby Areas You May Be Interested In
  • Median price in Norwalk is down 8.3% to $440,000.
  • 3-month price per square foot in Fairfield in December was $266. This is down 4.3% from $278 in December of 2016.
  • Sales/list price ratio in Norwalk is up by 2.0%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

Changes Favoring Buyers
3 Months Ending December, 2017% Chg From Dec, 2016
Unit Sales 155 -8.3%
Median Sale Price $530,000 -3.6%
Went To Contract 162 -8.0%
Changes Favoring Sellers
3 Months Ending December, 2017% Chg From Dec, 2016
Inventory 408 -5.8%
Months of Supply 6.7 -6.6%
Market Time (Days) 104 -8.8%
Price per Sq Ft for Sold $215 1.9%
Sales to List Price Ratio 96.1% 0.3%
New Listings 194 -1.5%
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There were 47 unit sales in December. This is down 27.7% from 65 in December of 2016. This is the lowest unit sales have been since 31 in February, 2017. Sales/list price ratio in December moved up to 97.3% from 94.9% in November.

Median price in December was $529,000. This is down 1.1% from $535,000 in December of 2016. 3-month median price of $530,000 in December was very slightly up from $508,000 in November but down just slightly from $550,000 in December of 2016. Price per square foot in December was $231. This is up from $206 in November and up from $219 in December of 2016.

Inventory of 339 in December was down 19.5% from 421 in November and down 4.0% from 353 in December of 2016. New listings of 34 in December were way down from 70 in November and down considerably from 52 in December of 2016. Months of supply of 5.6 in December was down modestly from 6.8 in November and down slightly from 5.9 in December of 2016.

Market Time
Days on market this month is 108, the same as last month. This is the highest days on market has been since March, 2017.

Change in Median Sale Price for Single Family Properties YTD From 2016 To 2017 for Towns in Fairfield County, CT Ranked by Best Performance
Towns% Change
Bridgeport 13.07%
Danbury 11.11%
Trumbull 6.38%
Greenwich 5.88%
Norwalk 5.11%
Darien 4.35%
Bethel 4.23%
Stamford 2.93%
Monroe 2.88%
Stratford 2.81%
Towns with an average of at least 5 sales per month (maximum of 10)

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