$3,503 Closing Credit*
$295,000
875 SqFt
2 Beds
•1 Full Bath
Chris Sinatra, Listing Office: Higgins Group Real Estate
Is Stamford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$677,142
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$93,642(+16.0%)
Key Takeaway
Homes in Stamford have sold for 16% more than they did a year ago.
Summary: The median home sold price in Stamford was $677,142 in October 2024, up 16% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $274K | +10.0% |
| 2 Bedrooms | $402K | $430K | +7.0% |
| 3 Bedrooms | $650K | $718K | +10.5% |
| 4 Bedrooms | $880.6K | $930K | +5.6% |
| 5+ Bedrooms | $1.0M | $1.1M | +7.8% |
Summary: Stamford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| New Canaan | $1.7M | $1.9M | +16.8% |
| Cos Cob | $1.4M | $1.7M | +16.6% |
| Stamford | $583.5K | $677.1K | +16.0% |
| Old Greenwich | $1.5M | $1.6M | +7.9% |
| Darien | $1.7M | $1.9M | +7.7% |
Housing Supply in Stamford, CT
How many homes are available in Stamford, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 362 | 377 | +4.1% |
Summary: The Stamford real estate market had 377 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 38 | 37 | -2.6% |
| 2 Bedrooms | 90 | 109 | +21.1% |
| 3 Bedrooms | 106 | 108 | +1.9% |
| 4 Bedrooms | 76 | 74 | -2.6% |
| 5+ Bedrooms | 52 | 49 | -5.8% |
Summary: The Stamford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 5.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 84 | -15.2% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stamford, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 84 homes were sold or pending in Stamford in October 2024, down by 15.2% month-over-month. Of the 84 sold homes, 30% were sold under asking, 13% were sold at asking, and 57% were sold over asking.
Days on Market for Stamford, CT
How long does it take to sell a home in Stamford, CT?
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
Key Takeaway
Avg time on Rocket Homes in Stamford has remained consistent over time.
Summary: During October 2024, 84 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.
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