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Real Estate

Stamford Trails In WalletHub's Housing Market Ratings

Real estate sales rose 5 percent in the first quarter in Fairfield County.
Real estate sales rose 5 percent in the first quarter in Fairfield County. Photo Credit: Daily Voice File photo

Stamford trailed when compared to real estate markets around the country, according to a new report.

With the sales of new, single-family homes higher in July than in the past 10 years, personal finance website conducted an analysis of 2016's Best-Real Estate Markets around the country.

Analysts looked at 300 U.S. cities across 16 key metrics, data ranging from "median home-price appreciation” to “housing affordability” to “job growth rate.

Stamford landed at 190 out of 300 cities overall, lower than Bridgeport at 188, while Waterbury and Hartford trailed sharply, at 292 and 293 respectively.

On the small city list Stamford ranked 93 of 144, Bridgeport's ranking was 137 and Waterbury hit the list at 139.

The sample cities were placed in categories of large (over 300,000), midsize (150,000 to 300,000) and small (under 150,000).

In a sub category, the highest percentage of homes with negative equity, Waterbury landed at 295 on the list, while Hartford fell three points behind at 298.

Another area showed Bridgeport, at 279, among the highest percentage of mortgage holders on delinquency.

Where are the lowest percentage of homes on negative equity, according to

San Mateo, Calif., just 1.9 percent, which is 27 times lower than in Hartford, Conn., according to the report.

See the full WalletHub report here.

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