The Stonington 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 Stonington homes for sale.
According to Trulia.com, the median sales price for homes in Stonington from Jul 13 to Oct 13 was $305,000 based on 13 sales. Compared to the same period one year ago, the median sales price decreased 43%, or $230,000, and the number of sales decreased 7.1%.
Average price per square foot for homes in Stonington was $223, a decrease of 11.9% compared to the same period last year. There are currently 219 resale and new homes in Stonington on Trulia, including 9 open houses, as well as 1 home in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Stonington was $842,470 for the week ending Oct 16, which represents an increase of 6.3%, or $50,136, 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