Tag Archive | "Decemeber"

December 2009 Market Data Released


The CT MLS recently released sales data on December 2009 sales. There were a total of 57 Single Family units sold in December, which represents a 111% increase from Dec 2008. The median price was set at $575,000, a nice bump up from $520,000 in Dec 2008. Average price was down from $650k to $642k, but is most likely due to the slower sales in the multi-million dollar sales category. After a sharp drop in median price in early 2009, we have seen prices stay flat since March 2009.

Also nice to see that compared to Dec 2008, average days on market has dropped to 84 from 112.

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Stamford Market News is an inside (non-sugar-coated) look at the Stamford, CT real estate market by resident Chris McClave. Chris is a licensed Connecticut real estate agent with William Pitt Sotheby’s International Realty, and a member of the National Association of Realtors and Stamford Board of Realtors.

Chris McClave - Real Estate Advisor
William Pitt Sotheby's
545 Bedford Street
Stamford, CT 06901
Direct: 203-716-1616
CT License #0790908

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