Stamford, CT Home Sales Report, May 2011

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

May, 2011
$ $ 597,914 563,013 94.2% 107 94 $ $

May, 2010

YTD 2011
528,835 $ 499,666 $ 94.5% 116 343

YTD 2010
564,651 522,893 92.6% 127 372

% Change - % Change Month YTD

-0.7% 0.4% 1.1% -13.0% 16.0% -6.3% -4.4% 2.0% -8.7% -7.8%

602,109 $ 560,739 $ 93.1% 123 81

May - Sold Residential Real Estate Price Comparison

$700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $May, 2011 May, 2010 YTD 2011 YTD 2010 Average List Price of homes that sold Average Sale Price

Stamford Real Estate Market remains realtivley flat in May, and the overall residential market is down 4.4% Year -to-Date relative to this time last year. Heaviest declines are in Condominiums which post transactions down 28% May 2011, vs this time 2010. However May also posted 58 Single Family Homes transacting, which is 32% higher than last year's May, even though the average price was relatively unchanged. 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, May 2011

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

May, 2011
$ $ 776,270 730,480 94.1% 90 58 $ $

May, 2010

YTD 2011
730,269 $ 690,462 $ 94.5% 105 176

YTD 2010
768,972 708,866 92.2% 115 183

% Change - % Change Month YTD

-0.1% 0.9% 1.0% 2.3% 31.8% -5.0% -2.6% 2.6% -8.7% -3.8%

777,134 $ 724,198 $ 93.2% 88 44

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

May, 2011
$ $ 307,177 284,021 92.5% 125 30 $ $

May, 2010

YTD 2011
312,347 $ 294,565 $ 94.3% 131 142

YTD 2010
370,978 347,577 93.7% 144 160

% Change - % Change Month YTD

-21.9% -22.9% -1.2% -28.2% -9.1% -15.8% -15.3% 0.7% -9.0% -11.3%

393,271 $ 368,202 $ 93.6% 174 33

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

May, 2011
$ $ 357,783 339,125 94.8% 177 6 $ $

May, 2010
399,667 359,833 90.0% 64 3

YTD 2011
$ $ 348,396 330,044 94.7% 111 22 $ $

YTD 2010
355,725 328,712 92.4% 104 26

% Change - % Change Month YTD

-10.5% -5.8% 5.3% 176.6% 100.0% -2.1% 0.4% 2.5% 6.7% -15.4%

Snapshot of Marketplace June 1, 2011

Total Active Residential Listings
Average List Price currenlty on market

Single Family Homes

524 $ 914,474 101 92 176 $ 730,480 14.9 $ $

Condominiums

Multi-Family

Total Sales Comparison across all residential property types*

398 347,476 $ 105 96 142 294,565 $ 14.0

63 549,848 125 18 22 328,712 14.3

1,067 914,474 110 212 343 499,666 16

Average DOM Number of Pending sales YTD 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.