$4,501 Closing Credit*
$379,000
1,208 SqFt
3 Beds
•1 Full Bath
Jennifer Capozziello, Listing Office: Coldwell Banker Realty
Is Stratford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
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.
Housing Prices in Stratford, CT
How much do homes in Stratford, CT cost?
Median Sold Price
$415,291
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$43,971(+11.8%)
Key Takeaway
Homes in Stratford have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Stratford was $415,291 in August 2024, up 11.8% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $234.5K | +10.4% |
| 2 Bedrooms | $327.6K | $370K | +12.9% |
| 3 Bedrooms | $389.9K | $425K | +9.0% |
| 4 Bedrooms | $437K | $500K | +14.4% |
| 5+ Bedrooms | $512.5K | $527.5K | +2.9% |
Summary: Stratford housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $303.8K | $350.5K | +15.4% |
| Stratford | $371.3K | $415.2K | +11.8% |
| Trumbull | $539.3K | $600K | +11.2% |
| Shelton | $445K | $487K | +9.4% |
| Milford | $410K | $445.6K | +8.7% |
Housing Supply in Stratford, CT
How many homes are available in Stratford, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 212 | 226 | +6.6% |
Summary: The Stratford real estate market had 226 homes for sale in August 2024, a 6.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 36 | +56.5% |
| 2 Bedrooms | 41 | 35 | -14.6% |
| 3 Bedrooms | 89 | 91 | +2.2% |
| 4 Bedrooms | 44 | 49 | +11.4% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Stratford housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 56.5%, 2 bedroom homes decreased by 14.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 50 | 59 | +18.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stratford, you could pay more than the asking price. 57.6% of homes here sold above asking price last month.
Summary: A total of 59 homes were sold or pending in Stratford in August 2024, up by 18.0% month-over-month. Of the 59 sold homes, 27% were sold under asking, 15% were sold at asking, and 58% were sold over asking.
Days on Market for Stratford, CT
We’re sorry, we don't have information for this market at the moment
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