Is Stamford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stamford is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Stamford has remained a Seller's Market.

Key Takeaway

Stamford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Stamford, CT cost?

Median Sold Price

$559,304

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$24,551(+4.6%)

Key Takeaway

Homes in Stamford have sold for 4.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $199.5K$211K
+5.8%
2 $360K$385.4K
+7.1%
3 $555.6K$596K
+7.3%
4 $752K$799K
+6.2%
5+ $885K$975K
+10.2%

Median Sold Price Compared To Nearby Cities

New Canaan
+5.6%
Stamford
+4.6%
Darien
+1.6%
Cos Cob
-0.4%
Old Greenwich
-1.5%

How many homes are available in Stamford, CT?

Number of Homes For Sale

Aug 2022Sep 2022%
571497-13.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 6052
-13.3%
2 146137
-6.2%
3 138119
-13.8%
4 141115
-18.4%
5+ 8674
-14.0%

Number of Homes Sold

Aug 2022Sep 2022%
170126-25.9%

Asking Price vs. Sold Price

52 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stamford, you could pay more than the asking price. 43.7% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
19 Days27 Days+42.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stamford are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Stamford, CT

Stamford, CT has 497 homes on the market. In September 2022 in Stamford, CT there were 13% less homes for sale than in August 2022. In September 2022 median list price was $559,304 and the average listing age was 27 days. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 5.8%, prices of 2 bedrooms properties went up by 7.1%, the cost of 3 bedrooms properties went up by 7.3%, prices of 4 bedrooms properties increased by 6.2%, prices of 5 bedrooms properties went up by 10.2%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 13.3%, 2 bedrooms homes inventory decreased by 6.2%, the quantity of 3 bedrooms homes went down by 13.8%, the quantity of 4 bedrooms homes went down by 18.4%, the quantity of 5 bedrooms homes went down by 14%. In September 2022, from all listings sold in Stamford, CT there were more than 55 sold above asking price, over 52 sold below and more than 19 were sold right at the asked price.

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