Stamford, CT Home Sales Report, July, 2012

Total Sales Comparison across all residential property types*

Average List Price of homes that sold Average Sale Price Sales/List Ratio Average Days on Market Number Sold

July, 2012

July, 2011

YTD 2012

YTD 2011

% Change Month
-8.0% -6.5% 1.7% -10.5% 2.2%

% Change YTD
-1.9% -1.7% 0.2% 3.5% 6.7%

$ $

553,080 $ 528,298 $ 95.5% 102 92

601,270 $ 564,916 $ 94.0% 114 90

527,911 $ 499,363 $ 94.6% 118 607

538,190 508,190 94.4% 114 569

July - Sold Residential Real Estate Price Comparison

$700,000
$600,000

$500,000
$400,000

$300,000 $200,000 $100,000 $July, 2012 July, 2011 YTD 2012 YTD 2011

Average List Price of homes that sold Average Sale Price

Stamford Residential Real Estate Market Year To Date has continued on a realtivly flat average sales price of only 1.9% decrease this year vs. last year at an average price of residential property of $538,190. There were 323 SingleFamily home transactions YTD at an average sales price of $654,504. The number of transactions in Multifamily homes in Stamford continues to rocket and Year To Date is up 29%; 36 transactions this year, vs. 28 transactions from last year at this time.

We are in a very opportunistic time in the real estate market. There are great opportunities for Buyers, Sellers and Investors. Call us at the Higgins Group Stamford office for professional advice on any of your real estate needs.
Higgins Group Stamford- (203) 504-5005 HigginsGroup.com

Source: Greater Fairfield Consolidated Multiple Listing Service * Includes Single Family, Multi-Family, Land, Condo & Co-Op. Does not include Commercial or Rental properties.

Stamford CT Home Sales Report, July 2012

Single Family Homes
Average List Price of homes that sold Average Sale Price Sales/List Ratio Average Days on Market Number Sold

July, 2012
$ $

July, 2011

YTD 2012

YTD 2011
725,018 684,301 94.4% 104 295

% Change Month
-2.6% -0.1% 2.5% -5.7% -6.1%

% Change YTD
-4.6% -4.4% 0.3% 6.7% 9.5%

769,187 $ 734,480 $ 95.5% 100 46

789,653 $ 735,558 $ 93.1% 106 49

691,465 $ 654,504 $ 94.7% 111 323

Condominiums / Co-Ops
Average List Price of homes that sold Average Sale Price Sales/List Ratio Average Days on Market Number Sold

July, 2012
$ $

July, 2011

YTD 2012

YTD 2011
338,415 321,027 94.9% 129 241

% Change Month
-15.3% -15.7% -0.4% -26.2% 5.3%

% Change YTD
-0.3% 0.3% 0.6% -8.5% -0.4%

329,171 $ 316,609 $ 96.2% 93 40

388,620 $ 375,449 $ 96.6% 126 38

337,544 $ 322,048 $ 95.4% 118 240

Multi-Family
Average List Price of homes that sold Average Sale Price Sales/List Ratio Average Days on Market Number Sold

July, 2012
$ $ 361,780 332,600 91.9% 186 5

July, 2011
$ $ 374,000 283,000 75.7% 47 1

YTD 2012
$ $ 357,584 332,772 93.1% 139 36

YTD 2011
$ $ 345,258 326,517 94.6% 96 28

% Change Month
-3.3% 17.5% 21.5% 295.7% 400.0%

% Change YTD
3.6% 1.9% -1.6% 44.8% 28.6%

Snapshot of Marketplace - Single Family August 1, 2012 Homes

Total Active Residential Listings
Average List Price currently on market

Condominiums / Co-Ops

Multi-Family

Total Sales Comparison across all residential property types*

744 710,841 128 309 607 499,363 8.6

409 $ 969,873 $ 116 157 323 $ 654,504 $ 8.9

266 359,917 115 119 240 322,048 7.8 $ $

40 542,359 148 28 36 332,772 7.8

Average DOM Number of Pending sales Number of Sales YTD Average Closed Price YTD Months of Inventory

Source: Greater Fairfield Consolidated Multiple Listing Service * Includes Single Family, Multi-Family, Land, Condo & Co-Op. Does not include Commercial or Rental properties.