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 Aug 13 to Nov 13 was $175,000 based on 37 sales.
Compared to the same period one year ago, the median sales price decreased 14.4%, or $29,500, and the number of sales decreased 31.5%.
Average price per square foot for homes in Groton was $119, a decrease of 22.2% compared to the same period last year.
There are currently 249 resale and new homes in Groton on Trulia, including 30 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 $460,631 for the week ending Nov 20, which represents an increase of 30.5%, or $107,586, 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