The Groton 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 Groton homes for sale.
According to Trulia.com, the median sales price for homes in Groton from Jun 13 to Aug 13 was $162,450 based on 22 sales. Compared to the same period one year ago, the median sales price decreased 10.5%, or $19,050, and the number of sales decreased 69%.
Average price per square foot for homes in Groton was $144, a decrease of 11.7% compared to the same period last year. There are currently 247 resale and new homes in Groton, including 8 open houses, as well as 27 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 $493,372 for the week ending Sep 10, which represents a decrease of 2.2%, or $11,084, compared to the prior week.
Bridget Morrissey is a 2012-13 Woman of FIRE (Finance/Insurance/Real Estate) Recipient awarded by the Warren Group and The Commercial Record of Boston, MA and presented by LT GOV Nancy Wyman.
RE/MAX Property Consultants
500 Bridge Street
Groton CT 06340
Call/Text: (860) 857-5165