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 for Jul 13 to Oct 13 was $195,000. This represents an increase of 15.4%, or $26,050, compared to the prior quarter and a decrease of 12.4% compared to the prior year. Sales prices have depreciated 12.3% over the last 5 years in Groton. The median sales price of $195,000 for 06340 is 0.00% higher than the median sales price for Groton CT. Average listing price for homes on Trulia in Groton was $355,455 for the week ending Oct 16, which represents a decline of 6.2%, or $23,631 compared to the prior week and a decline of 10.2%, or $40,282, compared to the week ending Sep 25. Average price per square foot for homes in 06340 was $125 in the most recent quarter.
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