Is Stratford, 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, 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
$399,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stratford have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Stratford was $399,000 in April 2024, up 6.9% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $217K | +0.9% |
| 2 Bedrooms | $316K | $350K | +10.8% |
| 3 Bedrooms | $385K | $410K | +6.5% |
| 4 Bedrooms | $450K | $465K | +3.3% |
| 5+ Bedrooms | $495K | $530K | +7.1% |
Summary: Stratford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Bridgeport | $300K | $335.5K | +11.8% |
| Trumbull | $534.4K | $575.5K | +7.7% |
| Milford | $400.7K | $431.6K | +7.7% |
| Stratford | $373.2K | $399K | +6.9% |
| Shelton | $443.6K | $460K | +3.7% |
Housing Supply in Stratford, CT
How many homes are available in Stratford, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 158 | 185 | +17.1% |
Summary: The Stratford real estate market had 185 homes for sale in April 2024, a 17.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 26 | +18.2% |
| 2 Bedrooms | 24 | 36 | +50.0% |
| 3 Bedrooms | 74 | 83 | +12.2% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Stratford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 53 | +23.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stratford, you could pay more than the asking price. 71.7% of homes here sold above asking price last month.
Summary: A total of 53 homes were sold or pending in Stratford in April 2024, up by 23.3% month-over-month. Of the 53 sold homes, 21% were sold under asking, 8% were sold at asking, and 72% were sold over asking.
Days on Market for Stratford, CT
How long does it take to sell a home in Stratford, CT?
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
Key Takeaway
Many homes in Stratford are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 53 homes were sold in Stratford; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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