STANFORD — Only five houses and two parcels of land were sold in the last three months in the Town of Stanford. The median price during this period of $515,000 remains below last summer’s high of $600,000, while the number of monthly closed sales is far below the December’s 2020 peak of 13. These three month results are a reflection of low inventory at the more affordable segment of the market. At the moment there are 25 single family homes for sale in Stanford and only 2 are below $500,000 with 7 over $1,000,000.
6101 Route 82 – a 2 bedroom/2 bath house built in 1880 sold for $405,000 on March 20
384 Willow Brook Road – 24.6 acres of land sold for $355,000 on March 25
162 Conklin Road – 2.74 acres of land sold for $130,000 on April 10
620 Hunns Lake Road – a 3 bedroom/2 bath renovated ranch sold for $535,000 on April 12
5670 Route 82 – a 2 bedroom/2bath house on 2.1 acres sold for $515,000 on May 29
2742 Salt Point Turnpike – a 2 bedroom/2 bath waterfront house on .75 acres sold for $850,000, well over the asking price of $645,000 on May 31
*Town of Stanford residential real estate sales for March, April and May are closing date sales as presented in First Key Multiple Listing Service and do not include private transactions that are not publicly listed. Note that properties are listed by municipality, not post office or school district. Compiled by Christine Bates, Real Estate Salesperson
