The Westerly Real Estate Market Report is a monthly statement of the median sales price for homes, the number of sales, the average price per square foot for homes, the number of homes for sale, and the average listing price of Westerly homes for sale.
According to Trulia.com, the median sales price for homes in Westerly from Jun 13 to Aug 13 was $241,900 based on 40 sales. Compared to the same period one year ago, the median sales price decreased 6.1%, or $15,600, and the number of sales decreased 39.4%.
Average price per square foot for homes in Westerly was $229, an increase of 13.9% compared to the same period last year. There are currently 404 resale and new homes in Westerly, including 25 open houses, as well as 49 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Westerly was $721,770 for the week ending Sep 10, which represents a decrease of 3%, or $22,104, compared to the prior week.
RE/MAX Property Consultants
500 Bridge Street
Groton CT 06340
Call/Text: (860) 857-5165