Unit sales and average prices of single family homes sold in Stratford in the first four months of 2014 are flat compared to the same period of 2013.
Homes are selling in an average of 135 days this year, which is 10 days faster than last year.
Condominium sales in Stratford have increased 37% in the January through April period, but the average price of sold condos decreased 3.6%.
Condos are selling in an average 141 days this year, which is 38 days faster than last year.
These results, reported by Greater Fairfield County Consolidated MLS Inc. for The Star, are in the wake of robust sales in 2013 when homes sales increased 18% in units and 8% in average price, and when condo sales were up 15% in units and 12% in price.
Details
According to the exclusive report there were 120 sales of single family home sales in the January through April 2014 period compared to 121 sales last year.
The average price this year was $214,158, and last year it was $213,710.
For condominiums, there were 48 units sold in the first four months of 2014, while there were 35 in the same period last year.
This year the average price was $151,272. Last year, January through April, the average price was $157,000.
Inventory
This year at the end of April there were 318 single family homes on the market; last year there were 266 on the market on April 30.
The inventory of condos on the market at the end of April was 94 units this year and 102 last year.
This home was not on the market, but it is picturesque in early May in north Stratford. Greg Reilly photo.