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Local Voices

GROTON REAL ESTATE MARKET REPORT by Bridget Morrissey

According to trulia.com, the median sales price for homes in ZIP code 06340 in Groton from Feb 13 to Apr 13 was $151,450 based on 26 sales. Compared to the same period one year ago, the median sales price decreased 4.7%, or $7,550, and the number of sales decreased 36.6%. Average price per square foot for homes in 06340 was $118, a decrease of 10.6% compared to the same period last year. There are currently 239 resale and new homes in ZIP code 06340 on Trulia, including 1 open house, as well as 25 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 06340 was $425,026 for the week ending May 01, which represents an increase of 3.7%, or $15,277, compared to the prior week. Average price per square foot for homes in Groton, CT was $118 in the most recent quarter, which is 0.00% higher than the average price per square foot for homes in Groton. Bridget Morrissey RE/MAX Property Consultants 500 Bridge Street Groton CT 06340 Call/Text: (860) 857-5165 Email: bridgetmorrissey@remax.net Website: www.bridgetmorrissey.com

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