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Stratford Home Values Down 4.1 Percent in Q2

In the second quarter, the value of a "mid-tier" single-family home in Stratford fell by 4.1 percent, mirroring a county-wide trend, analysts say.

According to new data from the School of Business's Center for Real Estate and Urban Economic Studies, the value of a single-family home Stratford fell 4.1 percent in the second quarter of 2012.

The year-over-year drop -- from $157,872 to $151,435 for a so-called "mid-tier" home -- continues a trend in Stratford, which hasn't seen a rise in home values since the second quarter of 2006, according to the UConn center.

The center defines a "mid-tier" home in Stratford as 49 years old and with 1,348 square feet. Each quarter, the center produces "constant quality indices" that track the changing value of homes in Connecticut towns by minimizing variables such as inflation and seasonality, as well as the effect a low-volume sales quarter has on average prices.

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Use the search form above to track the change in estimated values of a mid-range home quarter by quarter since 2000. Interested in all things Stratford? Join us to discuss town matters with your neighbors, rate local businesses, and "like" us on Facebook and follow us on Twitter!

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The decline in Stratford is typical of Fairfield County.

Among 18 towns in the county whose data is tracked by the center, just five municipalities -- Bridgeport, Darien, Greenwich, Stamford and Trumbull -- saw single-family home values increase year-over-year for Q2. On average, the value of single-family homes in those 18 towns fell 4.8 percent from 2011 to 2012 in the second quarter, according to the center.

Join a local conversation on real estate value: A , and each story includes a narrative summary of second quarter data.

Ocer Taxed July 31, 2012 at 03:47 AM
You woulds never guess that from the property tax bills. When are the property owners going to realize the public service employee unions have milked the taxpayers with better average pay & benefits. And some of the retirement packagers are out of this world - make 93K on the job - but retire at 125K I once respected firemen, cop, teachers - today I loathe them. My SS $2133 a month will not cover property taxes on a 41 year old raised ranch & my health ins & my wifes (55 YO) health ins. These unions have screwed us blind & broke.
Roy Walger August 06, 2012 at 01:26 PM
I see a lot of posts today and I can understand the frustration. I just wonder if the frustration is directed in the right direction. Ppeople like firemen, police officers and teachers have become the scapegoat for tax frustration. Starting in 1982 and accelerating in 1987 there has been a tax shift away from the wealthy to the middle class. Many people look back to the 1950's and 1960's as times when the American dream seemed to be at its peak for the middle class. I doubt anyone at the time would accuse our politicians of being socialists or anti big business or against the wealthy. Yet from 1946 to 1964 our top tax rate was 91%. That's right 91% and that actually was a decrease from 1944 when it was 94%. Yet somehow during that period America prospered, businesses grew and the wealthy people grew more wealthy. The difference then is that it wasn't only the wealthiest that grew more wealthy and had a better ability to live comfortably. Unfortunately all that has changed. We as American citizen's have been sold a bill of goods that in order for us to prosper the very rich need to have a lower tax rate. Well the money they are saving has to come from somewhere. That is where trickle down economics has truly worked. The federal government has reduced aid to States, which in turn seeing their budget's cut has reduced aid to town's. They as a result have had to increase property taxes to recover the income. The taxes once paid by the rich has trickled down to us.

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