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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stratford is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Stratford, CT cost?

Median Sold Price

$360,694

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$35,705(+11.0%)

Key Takeaway

Homes in Stratford have sold for 11% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $160K$195K
+21.9%
2 $275K$299.9K
+9.1%
3 $333.8K$370.4K
+11.0%
4 $370K$430K
+16.2%
5+ $400K$450K
+12.5%

Median Sold Price Compared To Nearby Cities

Milford
+11.2%
Stratford
+11.0%
Trumbull
+8.8%
Shelton
+7.1%
Bridgeport
+6.0%

How many homes are available in Stratford, CT?

Number of Homes For Sale

Jul 2022Aug 2022%
282280-0.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 1418
+28.6%
2 4256
+33.3%
3 138120
-13.0%
4 6563
-3.1%
5+ 2323
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
7375+2.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stratford, you could pay more than the asking price. 65.3% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
62 Days6 Days-90.3%

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 Stratford 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 Stratford, CT

Number of homes for sale in Stratford, CT real estate market have reached 280. In August 2022 in Stratford, CT there were 0.7% less homes for sale than in July 2022. The median list price of listings available in August 2022 was $360,694, while the average time on the real estate market was 6 days. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 21.9%, 2 bedrooms properties became 9.1% more expensive, the cost of 3 bedrooms properties went up by 11%, prices of 4 bedrooms properties increased by 16.2%, 5 bedrooms properties became 12.5% more expensive. This housing market inventory have changed: 1 bedroom homes inventory increased by 28.6%, volume of 2 bedrooms homes went up by 33.3%, volume of 3 bedrooms homes went down by 13%, 4 bedrooms homes inventory decreased by 3.1%, 5 bedrooms homes inventory did not change. Stratford, CT housing market in August 2022 saw over 49 listings sold above listed price, more than 6 sold at listed price and over 20 sold below.

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