Homes For Sale Stamford CT 06901 & 06928 - Real Estate Market Update for November 2014
Stamford CT Real Estate
Stamford CT, named as, "The City That Works" is located in the Southwest region of Connecticut and one of the largest cities in Connecticut population wise. Stretching from the "Gold Coast" Connecticut shoreline all the way north to the Border of the New York town of Pound Ridge.
Settled in 1641 and then incorporated in 1949 Stamford CT is home to several fortune 500 companies as well as fortune 100 companies and continues to expanded. The expansion and recent revitalization of Stamford includes more corporate buildings and offices as well as more up-to-date apartment and housing complexes in the south end of Stamford.
The Neighborhoods in Stamford include Belltown, Downton (Atlantic Square, Landmark Square, Mill River Park ), East side , Glenbrook , North Stamford (Hunt Ridge, Long Ridge, Hunting Ridge, Roxbury, Scofieldtown), Ridgeway, South End, Springdale and West Side (Connecitcut avenue, Hubbard Heights, Richmond Hil, Southwood Sqaure, Spruce Street, Westwood drive, Fairview, Waterside and Westover. All these neighborhoods make up a population accoridng to the 2010 U.S. census of 122,600 and is estimated to be roughly 126,400 as of 2013.
Interested in homes for sale in Stamford CT ?
Stamford CT Real Estate Market Update for November 2014
Here we can take a good look at how over the past year Stamford CT homes for sale and New Canaan real estate has performed. To do this we took a look at a few ways to how well houses sell, how fast they sell and what they sell for.
First lets take a look at what price on average Stamford homes for sale are sold for.
This is a graph showing you the average prices for homes sold in Stamford CT each month over the past year (November 2013 to October 2014).
- As of November of last year (2013) the average price for a home sold in Stamford was roughly $512,500
- As of last month (October 2014) the average price for a home sold in Stamford increased to roughly $552,800
This increase along with a steady summer selling period demonstrates the opportunities that Stamford CT homes for sale have with those searching for homes in the area and those interested in selling their home in Stamford CT.
Now lets take a look at the number of Stamford homes actually sold over the past year and see if it matches up well to the average price.
This is a graph showing you the number of homes that were sold in Stamford over the past year (November 2013 to October 2014).
- 1234 homes in total were sold in Stamford over the past year
- The number of homes sold in Stamford over the past summer saw a great increase in comparison to the late winter and spring.
Now that we know how much and how frequently Stamford homes sell, let's see how long on average it takes for those homes to sell and see if you are choosing the right Realtor to represent your home and the experience it has to offer.
The graph above is showing you the average cumulative days on market for homes sold in Stamford CT. Essentially what the average CDOM is the number of days a home in Stamford is on the market. Then from all the Stamford homes sold each month, we take the average CDOM.
- On average the CDOM for homes sold in Stamford in November last year was roughly 120 days
- As of last month in October the average CDOM improved to 101 days roughly.
- This demonstrates how appealing Stamford homes can be to potential buyers and sellers.
If you are interested in selling your home in Stamford CT or Interested in searching for a home make sure to work with a knowledgeable Realtor who will negotiate properly for you. Dagny's Real Estate .
Content created by Dagny Eason of Dagny's Real Estate.
Searching for a knowledge Realtor, contact Dagny Eason of Dagny's Real Estate.
Call 203-858-4853 or visit www.DagnysRealEstate.com
Homes For Sale Stamford CT 06901 & 06928
The most recent ranking of the nation’s high schools published by U.S. News & World Report distinguished Connecticut with 11 gold medal schools, 24 silver medal schools, and 4 bronze medal schools. Of the top 10 best high schools listed, half were in the 26th district. Weston, Ridgefield, Wilton, Joel Barlow, Darien, New Canaan, and Staples High School were recognized.
This article has been written by Dagny Eason.
Feel free to call Dagny Eason to discuss this at (203) 762-1700
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