GROTON REAL ESTATE MARKET REPORT 7/23/13

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According to trulia.com, the median sales price for homes in Groton from Apr 13 to Jun 13 was $168,000 based on 45 sales. Compared to the same period one year ago, the median sales price decreased 15.8%, or $31,450, and the number of sales decreased 13.5%. The median price represents an increase of 9.8%, or $15,000, compared to the prior quarter.

Average price per square foot for homes in Groton was $165, an increase of 10% compared to the same period last year.

There are currently 254 resale and new homes in Groton on Trulia, including 2 open houses, as well as 20 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price for homes for sale in Groton was $511,173 for the week ending Jul 10, which represents an increase of 0.3%, or $1,602, compared to the prior week and an increase of 5.7%, or $27,571, compared to the week ending Jun 19.

For graphs of the Groton Real Estate Market Report CLICK HERE.

Bridget Morrissey                            

RE/MAX Property Consultants

500 Bridge Street

Groton CT 06340

Call/Text: (860) 857-5165

Email:  bridgetmorrissey@remax.net

Website: www.bridgetmorrissey.com

Facebook: www.fb.com/mystichomes

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