Is Stamford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Stamford, CT
How much do homes in Stamford, CT cost?
Median Sold Price
$602,666
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stamford have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Stamford was $602,666 in April 2024, up 3.1% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227.5K | $261K | +14.7% |
| 2 Bedrooms | $390K | $426K | +9.2% |
| 3 Bedrooms | $634K | $668.3K | +5.4% |
| 4 Bedrooms | $839.5K | $925K | +10.2% |
| 5+ Bedrooms | $1.0M | $1.0M | -0.4% |
Summary: Stamford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Old Greenwich | $1.4M | $1.9M | +35.3% |
| Cos Cob | $1.2M | $1.6M | +31.6% |
| New Canaan | $1.6M | $1.8M | +13.0% |
| Darien | $1.6M | $1.8M | +9.8% |
| Stamford | $584.5K | $602.6K | +3.1% |
Housing Supply in Stamford, CT
How many homes are available in Stamford, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 333 | 363 | +9.0% |
Summary: The Stamford real estate market had 363 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 32 | 29 | -9.4% |
| 2 Bedrooms | 97 | 86 | -11.3% |
| 3 Bedrooms | 72 | 79 | +9.7% |
| 4 Bedrooms | 76 | 97 | +27.6% |
| 5+ Bedrooms | 56 | 72 | +28.6% |
Summary: The Stamford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.4%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 82 | +7.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stamford, you could pay more than the asking price. 64.6% of homes here sold above asking price last month.
Summary: A total of 82 homes were sold or pending in Stamford in April 2024, up by 7.9% month-over-month. Of the 82 sold homes, 29% were sold under asking, 6% were sold at asking, and 65% were sold over asking.
Days on Market for Stamford, CT
We’re sorry, we don't have information for this market at the moment
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