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Stratford, CT Real Estate News

By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Looking for a move-in ready townhouse condo in Far Mill River?   .... Then you must stop by my open house on Sunday, March 8 , from 1 p.m. to 3 p.m. at 56 Wedgewood Road Stratford CT Unit C.  The weather forecast is for partly sunny skies and 43 degrees, so come on out and take a look!  This condo unit is in the desirable Far Mill River complex with pool, tennis, and clubhouse and features 2 bedrooms, 1.5 baths, pergo hardwood flooring,  new carpeting and windows, and a partially finished full basement.  Other features include central air conditioning, gas heat, sliders to private deck, plenty of parking and beautifully maintained grounds. Far Mill River is very conveniently located in the Oronoque section of Stratford CT with very easy access to Route 8 and the Merritt and Wilbur Cross...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Is The Condo Complex FHA Approved?   It's a question that comes up frequently from buyers who wish to  finance a condo purchase with an FHA loan. (Federal Housing Administration)   BEFORE beginning a condo search, it would be wise to check the HUD   (Department of Housing and Urban Development) FHA approved condo list.   Your condo complex of interest must be on the approved list in order to use an FHA loan to buy a unit in that complex.  No approval -- no FHA loan.   Not all condos are FHA approved; in fact, very few are.  FHA approval  means that the condo homeowners association or property management applied to HUD and passed all the requirements for approval.  It's a nice option for buyers who have a small down payment (3.5% is the requirement)   How do you find out which complex is...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Far Mill River Stratford CT Townhouse Condo For Sale 56 Wedgewood Road Unit C NOTE: TOO LATE FOR THIS ONE..... BUT YOU MIGHT WANT TO CHECK THIS LISTING . Updated Far Mill River Stratford CT Townhouse With Amenities Galore For Sale   *********************************************************************************************** Get all the amenities of a country club at Far Mill River Condos in the far northern end of Stratford CT (Oronoque area).   Enjoy the pool, tennis and clubhouse just steps from this two bedroom, 1.5 bath unit for sale on 56 Wedgewood Road Unit C.This clean, updated unit offers private entry into a two level townhouse with partially finished basement.  The main level features (laminate) wood flooring in the living room with private deck all the way into the large,...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
      Stratford CT Single family home sales in January 2015  were down 16% as compared to January 2014 sales. Listing and closed price averages INCREASED 6% and 5% respectively.   The median for the month was UP 4%.   The absorption rate for the month went up to 10.48 months, meaning if there was no new inventory, it would take 10.48 months to sell off the active 220 listings.              Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 48 houses under deposit and 55 pending sales (under contract).  That's a respectable increase from last month.     Which houses attracted buyers and sold in Stratford CT in January 2015?   Stratford CT January 2015 Property Transfers (as recorded in the Greater Fairfield County MLS ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT Single family home sales in December 2014  were down 16% as compared to December 2013 sales. Sales fizzled as compared to last month. See annual chart below. Listing and closed price averages were down  3% and 1% respectively.   The median for the month was off 16%.   The absorption rate for the month went up considerably from last month  to 9.61 months, meaning that if there was no new inventory, it would take 9.61 months to sell off the active 221 listings.    Stratford needs inventory! The supply of homes was down 16% from last month. I know prospective home sellers wait for the 'spring market', but wouldn't you rather have your home on the market NOW with less inventory ..... so less competition??    Thinking of buying a home in Stratford CT? Click here to SEARCH for ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT Single family home sales in November 2014  were UP 8% as compared to November 2013 sales.  Both listing and closed price averages INCREASED 12% and 13% respectively.   The median for the month was UP 14%.   The absorption rate for the month was balanced statistically at 6.00 months, meaning that if there was no new inventory, it would take 6.00 months to sell off the active 246 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 41 houses under deposit and 52 pending sales (under contract).     Which houses attracted buyers and sold in Stratford CT in November 2014?   Stratford CT November 2014 Property Transfers (as recorded in the Greater Fairfield County MLS as of 12/16/14)   The sweet s...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Stratford Connecticut's holiday lighting festivities will be extra special this year marking the 375th anniversary of the founding of Stratford in 1639.  A shoreline community rich in history and natural beauty, the town offers an wide selection of housing from the $100Ks to over a million dollars on the Long Island Sound waterfront. The annual tree lighting will take place on Tuesday, December 2, at 5:30 p.m., at town hall at 2725 Main Street    Get Directions .        This special event will feature: -- Choirs from Stratford public schools -- Lighting of the town tree -- A visit from Santa and Mrs. Claus -- Arts and crafts exhibits The school choirs will begin singing at 5:15 p.m. The lighting promises to be the best in years. Following the outdoor tree lighting and festivities, child...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Oronoque Village Condominiums in the "Oronoque" section of Stratford CT with 929 ranch and townhouse style units spread across 300 acres continues to be a popular 55+ adult community with the added appeal of being surrounded by an 18-hole Arnold Palmer golf course.   Offering a variety of models named after American writers Cooper, Emerson, Hawthorne, Peabody, Thoreau, Wolcott and Whittier, the "village" also has a wide range of pricing since some models may be close to originally built and many more have been completely remodeled. Additionally, location within the complex will have an effect on pricing as units on the golf course would be considered premium locations. Please visit Oronoque Village Condos ~ Stratford CT ~ 55+ Adult Community with Golf for complete information on the c...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT Single family home sales in October 2014  were flat as compared to October 2013 sales.  Both listing and closed price averages fell 14% and 12% respectively.   The median for the month was down 3%.  The median is a better indicator of status of the prices as the 2013 averages were affected by a significant high outlier at $1.2 million.  The absorption rate for the month remains in buyer's market territory statistically at 6.74 months, meaning that if there was no new inventory, it would take 6.74 months to sell off the active 283 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 39 houses under deposit and 56 pending sales (under contract) up slightly from last month.     Which houses att...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  September was a GREAT month for home sales in Stratford CT.     Single family home sales in September 2014 INCREASED 12% compared to September 2013 and went up 48% from August 2014 sales. (See annual chart below). The median was up 5%. Listing and closed averages both decreased 2%.  The absorption rate for the month remains in buyer's market territory statistically at 6.20 months, meaning that if there was no new inventory, it would take 6.20 months to sell off the active 285 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 47 houses under deposit and 58 pending sales (under contract) up slightly from last month.     Which houses attracted buyers and sold in Stratford CT in September 2014?   Stratfor...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT single family home sales in August 2014 decreased 43% compared to August 2013. Listing and closed averages decreased 9% and 6% respectively with the median following with a 15% reduction.   The absorption rate for the month remains solidly in buyer's market territory statistically at 9.61 months, meaning that if there was no new inventory, it would take 9.61 months to sell off the active 298 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 48 houses under deposit and 53 pending sales (under contract) up slightly from last month.     Which houses attracted buyers and sold in Stratford CT in August 2014?   Stratford CT August 2014 Property Transfers (as recorded in the Greater Fairfield Co...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Stratford CT Short Beach Main pavilion will again be the venue for the second annual Bonfire on the Beach on Saturday evening, September 27 from 4 - 10 p.m.  The pavilion is located on Dorne Drive. Rain date is October 11.   Weather looks to be good for a nice night at Short Beach. Bring a chair and beverages and relax and be entertained by Saloon Toon acoustic jam.     Food will be provided by the Windmill Restaurant in Stratford and Ruffs Wood Fire Pizza in Milford. Visit their Facebook pages for more information via the links above.   A $10 donation is requested.  All proceeds will be donated to the St. Vincent's Medical Center SWIM Across the Sound. The SWIM, founded in 1987,  is a charitable organization run by the medical center.  It provides cancer education, screening and pr...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT single family home sales in July 2014 INCREASED 38% compared to July  2013. Listing and closed averages both  INCREASED 28% with the median rising 9%.  The significant waterfront home sold at $1.5 million did bring the averages up somewhat.  The absorption rate for the month returned to buyer's market territory statistically at 6.19 months, meaning that if there was no new inventory, it would take 6.19 months to sell off the active 291 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 53 houses under deposit and 45 pending sales (under contract).     Which houses attracted buyers and sold in Stratford CT in July 2014?   Stratford CT July 2014 Property Transfers (as recorded in the Greater...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT single family home sales in June 2014 increased 2% compared to June  2013, and sales went UP 14% from May  2014 sales.  See chart below.    June had the highest number of home sales in Stratford so far this year!  Listing and closed averages both  INCREASED 12% with the median remaining flat at 1%.  The absorption rate for the month inched down into seller's  market territory statistically at 5.74 months, meaning that if there was no new inventory, it would take 5.74 months to sell off the active 287 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 42 houses under deposit and 58 pending sales (under contract).     Which houses attracted buyers and sold in Stratford CT in June 2014?   Str...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT single family home sales in May 2014 decreased 17% compared to May 2013, but the better news is sales jumped UP 46% from April 2014 sales.  See chart below. Listing and closed averages INCREASED 8% and 9% respectively with the median rising 2%.  The absorption rate for the month remained in buyer's market territory statistically at 6.52 months, meaning that if there was no new inventory, it would take 6.52 months to sell off the active 287 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 59 houses under deposit and 65 pending sales (under contract) --  up significantly from last month.     Which houses attracted buyers and sold in Stratford CT in May 2014?   Stratford CT May 2014 Propert...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT single family home sales in April 2014 decreased compared to April 2013. However, listing and closed averages INCREASED 12% and 15% respectively although a significant sales outlier at $1.5 million brought the averages up slightly.  The absorption rate for the month remained in buyer's market territory statistically at 9.07 months, meaning that if there was no new inventory, it would take 9.07 months to sell off the active 272 listings.     Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 58 houses under deposit and 44 pending sales (under contract).     Which houses attracted buyers and sold in Stratford CT in April 2014?   Stratford CT April 2014 Property Transfers (as recorded in the Greater Fairfi...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT single family home sales in March 2014 crept up slightly compared to March 2013. Sales INCREASED 40% since February 2014.  See annual chart below. Listing and closed averages were both down 20% with a higher than usual concentration of sales in the the $100-$200K range.  The absorption rate for the month remained in buyer's market territory statistically at 6.45 months, meaning that if there was no new inventory, it would take 6.45 months to sell off the active 245 listings.    Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 60 houses under deposit and 53 pending sales (under contract). Deposits are up significantly from last month.      Which houses attracted buyers and sold in Stratford CT in March...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
158 Warner Hill Road Stratford CT For Sale ~ Private Oronoque Colonial   Meticulously maintained 2,700+ square foot 9 room, 4 bedroom/3bath colonial home with contemporary flair set on private .44 acre lot with lush landscaping and koi pond.     Cook’s kitchen with stainless appliances and breakfast bar, master bedroom suite, huge family room with skylights, fireplace and wet bar opening via dramatic wall of glass doors to 2-tier deck overlooking pool.   Bonus 3-season room off kitchen plus recreation room in basement.   Central air/gas heat. 3 car garage.    Location convenient to everything in the Oronoque section of Stratford CT.  Commuter’s dream!   Visit property website at www.158WarnerHillRoad.com for pictures and details.      OverviewMapsPhotos $465,000 Single Family Home Main ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  What's UP in the Stratford CT real estate market? You'll have to read the market report for February 2014 to find the UPlifting answer. Home sales went UP 29% as compared to February 2013 results. Sales also went up 8% from January 2014 results. (See chart below).   The listing and selling averages both INCREASED 28%, and the median  (midpoint of sales) came in with a 28% increase as well.   Days on the market went DOWN 3%.   The absorption rate for the month remained in buyer's market territory statistically at 7.85 months, meaning that if there was no new inventory, it would take 7.85  months to sell off the active 212 listings.      Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 37 houses under deposit and 54...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Stratford CT Real Estate Market Report and Homes Sold January 2014   Stratford CT January 2014 single family home sales went down 10% as compared to January 2013 results.   The listing and selling averages both decreased 2%, and the median went down 5%.     Days on the market went DOWN 13%.   The absorption rate for the month remained in buyer's market territory statistically at 7.60 months, meaning that if there was no new inventory, it would take 7.60  months to sell off the active 190 listings.      Thinking of buying a home in Stratford CT? Click here to SEARCH for Your New Home in Stratford Moving forward, there are 35 houses under deposit and 50 pending sales (under contract).       Which houses attracted buyers and sold in Stratford CT in January 2014?   Stratford CT January 2014...
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