Stratford Real Estate Statistics

Stratford real estate average sold price in the last 30 days (March 29 - April 27) was $709,166, which is $59,534 (8.4%) lower than the average price of $768,700 in the previous 30 day period (February 28 - March 28), and $219,166 (30.9%) up from the same period 1 year ago ($490,000). Stratford real estate prices over the last 30 days are also $40,227 (5.7%) higher than the average selling price of $668,939 over the past year.

Stratford average sold price for homes was $728,000 in the last 30 days (March 29 - April 27), which is $40,700 (5.6%) down from the average home price of $768,700 in the previous 30 day period (February 28 - March 28), and $238,000 (32.7%) higher than the same period 1 year ago ($490,000). In the last 30 days Stratford the average home price was $84,680 (11.6%) higher than the average selling price of $643,320 over the last 12 months.

Average selling price for Stratford real estate was $709,166 in the last 30 days (March 29 - April 27), which is collectively $26,950 (3.4%) lower than the average asking price of $803,382. This represents a decline of $17,000 (170.9%) compared to $9,950 (1.3%) Sold-Under-Asking price from the previous 30 day period (February 28 - March 28).

The maximum Sold Over/Under Asking ratio in Stratford during the last 12 months was recorded in July, 2023 with an average of $14,403 over the asking price, while the minimum occurring in December, 2023 with $55,000 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Stratford was 50.0% with 6 properties sold and 5 new properties listed in the past 30 days (March 29 - April 27). This represents a decrease from 80.0% recorded during the previous 30 day period (February 28 - March 28), and an increase from 9.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Stratford was 725.0% recorded in January and the lowest was in April at 9.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 6 properties that were successfully sold in Stratford in the last 30 days (March 29 - April 27) was 54 days, which is 18 days more than 36 days average in the previous 30 day period (February 28 - March 28) and 26 days longer than during the same period a year ago (28 days).

There were 21 delisted properties in Stratford, those that got either Expired, Suspended or Terminated over the last 30 days (March 29 - April 27) with an average of 61 days on the market. This is 12 days shorter than the average of 73 days during the previous 30 day period (February 28 - March 28) and 50 days less compared to the same period last year average of 111 days on the market.

21 Stratford properties that didn't sell stayed on the market 13.0% longer than 6 that sucessfully sold over the last 30 days - 54 days when sold vs 61 days when delisted respectively.

Average Days on the Market in Stratford over the past 12 months for properties that have sold was 44.8 days, with 63.6 days for those properties that did not sell.

12 new properties were listed on the market in Stratford in the last 30 days (March 29 - April 27). During the same time 6 properties were sold and 21 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 15 properties (or 125.0%).

During the previous 30 day period (February 28 - March 28) there were 5 new properties listed, 4 sold and 16 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 16 new properties listed, the slowest - July with 2 new listings and a yearly average of 9 new listings per month.

There were a total of 8 homes listed during the last 30 days (March 29 - April 27), which is 66.7% of all properties listed in Stratford. This is a 300.0% increase compared with a previous 30 day period (February 28 - March 28) and 20.0% down from the same period a year ago. Over the past year an average of 6 homes are were listed per month.

4 townhomes were listed over the last 30 days (March 29 - April 27) in Stratford, which is 33.3% of all new real estate inventory. This is a 33.3% more than during the previous 30 day period (February 28 - March 28) and 300.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.

There were a total of 5 homes sold during the last 30 days (March 29 - April 27), which is 83.3% of all properties sold in Stratford. This is a 25.0% increase compared with a previous 30 day period (February 28 - March 28) and 400.0% up from the same period a year ago. Over the past year an average of 8 homes are were sold per month.