05/09
A monthly publication to keep you up to date with the real estate market
According to Lawrence Yun, NAR chief economist, "The share of lower priced home sales has trended up, indicating a return of many first-time buyers, which we also see in a parallel member survey," he said.
According to a March survey, 53 percent of all transactions were attributed to first-time buyers. “Buyer traffic has been rising, Yun said. “By early summer we should be seeing a positive impact on home sales from record-low mortgage interest rates in addition to the stimulus provisions.”
One Strawberry Hill
2009
Active Sold Avg Sold Price Avg DOM
1 Bed Rm..….0……………..0………...……N/A………………N/A
2 Bed Rm…...1……………..0.……….…….N/A….………..….N/A
3 Bed Rm…...1……………..0……………...N/A………………N/A
The above reflects the following change from last month:
One 2 BR listing under contract
One 2 BR withdrawn from the market
Stamford Single Family Homes
Active on the market……………504…….$1,022,000 Average List Price
Under Contract…………………..47……..$ 590,000 Average List Price
2009 Sales……………………… 78……..$ 669,000 Average Sale Price 126…………………….Average Days On Market
Catherine Richardson Office: 504-5331
Keller Williams Real Estate Cell: 249-1512
60 Long Ridge Road RichardsonC@kw.com
Stamford, CT 06902
CatherineRichardson.com
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