Gales Ferry Market Information 3/29/13

Click Gales Ferry Market Information 3/23/13 to see graphs.

According to trulia.com, average price per square foot for Gales Ferry CT was $133, an increase of 14.7% compared to the same period last year. The median sales price for homes in Gales Ferry CT for Dec 12 to Feb 13 was $183,498 based on 18 home sales. Compared to the same period one year ago, the median home sales price decreased 13.9%, or $29,502, and the number of home sales increased 38.5%. There are currently 64 resale and new homes in Gales Ferry on Trulia, including 1 open house, as well as 8 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Gales Ferry CT was $231,118 for the week ending Mar 13, which represents a decrease of 1.8%, or $4,159, compared to the prior week.

The median sales price for homes in Gales Ferry CT for Dec 12 to Feb 13 was $183,498. This represents a decline of 0.8%, or $1,502, compared to the prior quarter and a decrease of 13.9% compared to the prior year. Sales prices have depreciated 36.7% over the last 5 years in Gales Ferry. The average listing price for Gales Ferry homes for sale on Trulia was $231,118 for the week ending Mar 13, which represents a decline of 1.8%, or $4,159, compared to the prior week and an increase of 1.3%, or $2,970, compared to the week ending Feb 20. Average price per square foot for Gales Ferry CT was $133, an increase of 14.7% compared to the same period last year.

According to Ledyard.Patch.com,

The date below represents the day the property transfer was recorded in town hall, not the date of the actual sale.

March 4

George A. Patenaude transferred property located at 18 Willow Lane to George A. and Shirley J. Patenaude fir zero dollars.

Lenore T. Serencko transferred property located at 193 Gallup Hill Road to Michael P. Serencko for zero dollars.

Lois A. Gardner, a.k.a. Lois M. Gardner, transferred property located at 23 Military Highway to Conrad C. Gardner for zero dollars.

March 7

Alan G. Snow transferred property located at 1805 Center Groton Road to Kenneth Butler for $23,000.

Geoffrey A. Cardinali Sr. transferred property located at 31 Inchcliffe Drive to Geoffrey A. Cardinali Sr. and Anna Marie Cardinali, Trustees, of Mystic, for zero dollars.

Timothy C. Sullivan Jr. a.k.a. Timothy C. Sullivan II transferred property located at 35 Brewster Drive to Timothy C. Sullivan Jr. for zero dollars.

About this column: Recent real estate transactions recorded in Ledyard Town Hall.

Bridget Morrissey, Realtor

RE/MAX Property Consultants

500 Bridge Street  Groton  CT  06340

(860) 857-5165   bridgetmorrissey@remax.net   http://www.bridgetmorrissey.com

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