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Real Estate

Stonington Real Estate Market Report

According to trulia.com, the median sales price for homes in ZIP code 06378 in Stonington from Jan 13 to Mar 13 was $320,000 based on 8 sales. Compared to the same period one year ago, the median sales price increased 10.3%, or $30,000, and the number of sales decreased 38.5%. Average price per square foot for homes in 06378 was $228, an increase of 24.6% compared to the same period last year. There are currently 197 resale and new homes in ZIP code 06378 on Trulia, including 7 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 06378 was $688,085 for the week ending Apr 03, which represents a decrease of 5.1%, or $37,153, compared to the prior week.



 Trulia. com also reports that the median sales price for homes in ZIP code 06378 for Jan 13 to Mar 13 was $320,000. This represents a decline of 24.7%, or $105,000, compared to the prior quarter and an increase of 10.3% compared to the prior year. Sales prices have depreciated 61.1% over the last 5 years in 06378, Stonington. Average listing price for homes on Trulia in ZIP code 06378 was $688,085 for the week ending Apr 03, which represents a decline of 5.1%, or $37,153 compared to the prior week and a decline of 6.6%, or $48,723, compared to the week ending Mar 13. Average price per square foot for homes in 06378 was $228 in the most recent quarter.

Bridget Morrissey is a Realtor* with RE/MAX Property Consultants at 500 Bridge Street in Groton.  Call/Text her at (860) 984-6762 for more information on the Stonington Real Estate Market. 

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