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Health & Fitness

Oct. Data for North Stamford Real Estate

What is happening with the real estate market in North Stamford? Check out this blog post to find out more detailed information.

North Stamford is a desirable location with its spacious homes and scenic views.  In this current market, now could be a great time to buy in this area.  Here our statistics on North Stamford --

Final Selling Price - The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price.  The October 2011 Selling Price vs Original List Price of 93.8% was down from 96.6% last month and down from 94.6% in October of last year. 

The Median Sales Price in October was $570,000, down 13.6% from $660,000 in October of 2010 and down 20.1% from $713,250 last month.  The Average Sales Price in October was $598,825, down 18.3% from $732,579 in October of 2010 and down 18.6% from $735,865 last month.  October 2011 ASP was at the lowest level compared to October of 2010 and 2009.   

Find out what's happening in Stamfordwith free, real-time updates from Patch.

Inventory - The Total Inventory of Properties available for sale as of October was 170, up 1.8% from 167 last month and up 3.7% from 164 in October of last year.  October 2011 Inventory was at its highest level compared with October of 2010 and 2009. 

Sales – October Property sales were up 42.9% from October of 2010 and 61.5% lower than the 26 sales last month.  October 2011 sales were at their highest level compared to October of 2010 and 2009.  October YTD sales of 140 are running 1.4% ahead of last year's year-to-date sales of 138.

Find out what's happening in Stamfordwith free, real-time updates from Patch.

Source of data - CMLS

If you, or someone that you know, is thinking about buying a home or condominium, please call Coldwell Banker Stamford at 203-322-2300 to schedule an appointment to tour homes in North Stamford.  

Thinking about selling a home or condominium?  We invite you to seek our expertise with a free market evaluation to discuss your pricing strategy. 

Also, you could visit us at www.coldwellbankermoves.com/realtors/Connecticut/Stamford to learn more about our highly qualified agents specializing in Stamford residential real estate.

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