WESTERLY REAL ESTATE MARKET REPORT 6/25/13

According to trulia.com, the median sales price for homes in ZIP code 02891 in Westerly from Mar 13 to May 13 was $195,000 based on 45 sales. Compared to the same period one year ago, the median sales price decreased 17%, or $40,000, and the number of sales decreased 4.3%. Average price per square foot for homes in 02891 was $175, a decrease of 7.9% compared to the same period last year. There are currently 440 resale and new homes in ZIP code 02891 on Trulia, including 5 open houses, as well as 34 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 02891 was $797,035 for the week ending Jun 12, which represents an increase of 1.3%, or $10,597, compared to the prior week. Popular ZIP codes in Westerly include 02891 and 02808, with average listing prices of $797,035 and $307,829.  Sales prices have depreciated 25.7% over the last 5 years in 02891, Westerly.

Click here for graphs of the WESTERLY 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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