Is Stamford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Stamford has remained a Seller's Market.
Housing Prices in Stamford, CT
How much do homes in Stamford, CT cost?
Median Sold Price
$600,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stamford was $600,000 in March 2024, up 2.1% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $227.7K | $258.9K | +13.7% |
2 Bedrooms | $390K | $425.1K | +9.0% |
3 Bedrooms | $630K | $668.5K | +6.1% |
4 Bedrooms | $832K | $920K | +10.6% |
5+ Bedrooms | $1.0M | $1.0M | +7.0% |
Summary: Stamford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
Cos Cob | $1.2M | $1.5M | +21.8% |
Old Greenwich | $1.5M | $1.7M | +11.5% |
Darien | $1.6M | $1.8M | +11.0% |
New Canaan | $1.6M | $1.8M | +9.6% |
Stamford | $587.5K | $600K | +2.1% |
Housing Supply in Stamford, CT
How many homes are available in Stamford, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
300 | 310 | +3.3% |
Summary: The Stamford real estate market had 310 homes for sale in March 2024, a 3.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 32 | +3.2% |
2 Bedrooms | 88 | 86 | -2.3% |
3 Bedrooms | 69 | 67 | -2.9% |
4 Bedrooms | 62 | 74 | +19.4% |
5+ Bedrooms | 50 | 51 | +2.0% |
Summary: The Stamford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 74 | +4.2% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Stamford in March 2024, up by 4.2% month-over-month. Of the 74 sold homes, 23% were sold under asking, 12% were sold at asking, and 65% were sold over asking.
Days on Market for Stamford, CT
How long does it take to sell a home in Stamford, CT?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
96 Days | 39 Days | -59.4% |
Summary: Homes in Stamford had an average of 39 days on market in Mar 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 74 homes were sold in Stamford; 0% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.