CT Real Estate Barbara Altieri : April 2013

CT real estate REALTOR Barbara Altieri shares market and general information on towns in Fairfield County and New Haven County.

Stratford CT Real Estate Market Report and Homes Sold - March 2013 - A Banner Month!

Stratford CT Real Estate Market Report -March 2013 -- A Banner Month!

 

Stratford CT Single Family Market Report March 2013

 

Stratford CT March 2013 single family home sales showed a 6% INCREASE in sales as compared to March 2012.  Additionally, sales were UP 85% from last month. (See annual chart below).

Listing and selling averages both went UP 35% and the median showed an 18% increase. 

The month went back into a SELLER's MARKET with a less than 6 month supply of homes at 4.76 months which statistically means that if there was no new inventory, it would take 4.76 months to sell off the active 176 listings.

 

 

 

 

 Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford

 

Now look at these numbers!!  Moving forward, there are 61 houses under deposit and 72  pending sales (under contract). As predicted in last month's report, March did turn out to be a banner month based on futures!

 

 

Which houses attracted buyers and sold in Stratford CT in March 2013?

 

Stratford CT March 2013 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 4/25/13
)

 

Stratford CT March 2013 Property Transfers

 

The hot spot for sales in March 2013 was in the $200K-$300K range.  Stratford CT remains a very desirable town for first time buyers and downsizers.

 

Home sold in Stratford CT in March 2013

 

 

 

The absorption TREND, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 6.14 for the last three months, just creeping back into a buyer's market.

 

Keep in mind that this rate is for ALL houses. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis. Some price points favor sellers; others favor buyers.

 

Stratford CT Homes for Sale Absorption trend March 2013

 

 

SEARCH for Your New Home in Stratford, CT

 

 

The success in selling your house in Stratford CT or any other community is dependent upon accurate pricing, effective preparation, calculating the absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four.

 

CONTACT ME for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.

 

Thinking about selling or just want to know what your home is worth? GET a FREE professional market analysis for your Stratford CT home.  

 

 Stratford CT Sales for the Past Year

 Stratford CT Real Estate Market Report Archive

 

 

 

Date Source: Greater Fairfield County Multiple Listing Service -- April 25, 2013. No representation or warranty is made to the accuracy of this information.

 

 

Stratford CT Single Family Market Report - March 2013  - Stratford CT Real Estate

 

 

  

 

Barbara Altieri, REALTOR®
Listing and Buyer's Agent
Certified Short Sales Specialist
RealtyQuest Real Estate Sales and Services Team

Kinard Realty Group
30 Huntington Street, Shelton CT 06484
Office -- 203.929.1752
Cell -- 203.520.6930
Email -- barbara.altieri@realtyquest.com

 

 

Connect with me socially:

Email Barbara Altieri for prompt assistance. Barbara Altieri Facebook Fairfield County CTBarbara Altieri Twitter Barbara Altieri Google Plus Barbara Altieri LinkedIn  Barbara Altieri You Tube

 

 

            

 

 

Comment balloon 1 commentBarbara Altieri • April 29 2013 02:50PM
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