Stamford, CT Home Sales Report, February, 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

February, 2012
$ $

February, 2011

YTD 2012

YTD 2011

% Change Month
7.4% 3.9% -3.2% 13.8% -5.0%

% Change YTD
-3.1% -5.9% -2.8% 27.0% 0.0%

473,280 $ 432,390 $ 91.4% 132 57

440,832 $ 416,184 $ 94.4% 116 60

518,150 $ 476,970 $ 92.1% 146 121

534,940 506,784 94.7% 115 121

February - Sold Residential Real Estate Price Comparison

$600,000

$500,000

$400,000

$300,000

Average List Price of homes that sold Average Sale Price

$200,000

$100,000

$February, 2012 February, 2011 YTD 2012 YTD 2011

Stamford Residential Real Estate Market showed some cautious signs of improvement with a 7.4% increase in average price in February of this year vs. last February's average price of $432,000. This increase was driven heavily by strong Single-Family home sales which $712,607 and 22% higher than last February's average price of $564,000.
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, February 2012

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

February, 2012
$ $

February, 2011

YTD 2012

YTD 2011
723,820 684,325 94.5% 114 65

% Change Month
26.2% 22.1% -3.2% 0.0% -28.1%

% Change YTD
5.2% 3.0% -2.1% 24.6% -12.3%

712,607 $ 650,793 $ 91.3% 114 23

564,697 $ 533,020 $ 94.4% 114 32

761,474 $ 704,594 $ 92.5% 142 57

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

February, 2012
$ $

February, 2011

YTD 2012

YTD 2011
310,592 294,804 94.9% 124 48

% Change Month
9.6% 10.1% 0.5% -3.2% 12.5%

% Change YTD
-5.7% -7.2% -1.6% 12.9% 4.2%

316,337 $ 297,704 $ 94.1% 120 27

288,609 $ 270,329 $ 93.7% 124 24

293,028 $ 273,620 $ 93.4% 140 50

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

February, 2012
$ $ 383,500 372,875 97.2% 148 4

February, 2011
$ $ 375,600 354,200 94.3% 66 5

YTD 2012
$ $ 358,806 325,194 90.6% 137 18

YTD 2011
$ $ 344,876 326,639 94.7% 86 16

% Change Month
2.1% 5.3% 3.1% 124.2% -20.0%

% Change YTD
4.0% -0.4% -4.3% 59.3% 12.5%

Snapshot of Marketplace - Single Family March 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*

766 680,305 129 265 121 476,970 12.7

394.5 $ 908,867 $ 135.5 96.5 57 $ 650,793 $ 13.8

298 370,587 120.5 111.5 50 273,620 11.9 $ $

45.5 507,260 $ 164.5 25 18 326,639 $ 5.1

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.