GALES FERRY REAL ESTATE MARKET REPORT 6/25/13

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According to trulia.com, the median sales price for homes in ZIP code 06335 in Gales Ferry from Mar 13 to May 13 was $215,000 based on 7 sales. Compared to the same period one year ago, the median sales price increased 7.5%, or $15,000, and the number of sales decreased 74.1%. Average price per square foot for homes in 06335 was $126, a decrease of 16% compared to the same period last year. There are currently 84 resale and new homes in ZIP code 06335 on Trulia, including 2 open houses, as well as 9 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 06335 was $238,374 for the week ending Jun 12, which represents a decrease of 1.5%, or $3,567, compared to the prior week.

The median sales price for homes in ZIP code 06335 for Mar 13 to May 13 was $215,000. This represents an increase of 17.2%, or $31,502, compared to the prior quarter and an increase of 7.5% compared to the prior year. Average listing price for homes on Trulia in ZIP code 06335 was $238,374 for the week ending Jun 12, which represents a decline of 1.5%, or $3,567 compared to the prior week and a decline of 4.4%, or $11,061, compared to the week ending May 22.

Click HERE for graphs of the GALES FERRY REAL ESTATE MARKET REPORT.

Bridget Morrissey                            

RE/MAX Property Consultants

500 Bridge Street

Groton CT 06340

Call/Text: (860) 857-5165

Fax: (800) 928-0230

Email:  bridgetmorrissey@remax.net

Website: www.bridgetmorrissey.com

Facebook: www.fb.com/mystichomes

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